Chandigarh
Sector 22 maintains a consistent position in the Chandigarh real estate market, with property values currently averaging ₹36,150 per sq ft. The local market for villas has shown steady performance, while the rental segment is experiencing a surge in demand, especially for apartment units. Office space rentals are particularly robust, indicating a healthy mix of professional and residential occupants. Recent quarterly data suggests that while price fluctuations occur, the overall sentiment remains grounded in the sector's established infrastructure and central connectivity.
As of September 2026, the average asking price in Sector 22 is ₹36,150 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment for residential villas in this locality.
Property prices in Sector 22 have shown a nuanced trajectory throughout 2026. While the location rate was ₹37,450 per sq ft in December 2025, it shifted to ₹36,100 per sq ft by March 2026 and reached ₹36,150 per sq ft by June 2026, maintaining that level through September 2026. This trend suggests a period of price stabilization following earlier market adjustments.
Property rates in Sector 22, currently at ₹36,150 per sq ft, sit in the mid-to-high range when compared to surrounding areas. For instance, Sector 36 commands a higher average of ₹47,300 per sq ft, having appreciated by 9.47% over the relevant period, while Sector 35 is priced at ₹32,300 per sq ft, reflecting a depreciation of 1.27%. Other nearby sectors like Sector 33 at ₹39,650 per sq ft and Sector 38 at ₹32,950 per sq ft also demonstrate the diverse pricing landscape across Chandigarh's residential sectors.
As of September 2026, the average rental rate in Sector 22 is ₹25 per sq ft, which has appreciated significantly by 19.05% compared to the previous period. The current rental yield stands at 0.83%, a metric that investors often use to evaluate the annual return on investment relative to the capital cost of property in the area.
Rental rates for apartments in Sector 22 vary by unit size, with 2 BHK apartments averaging ₹19,250 per month and 3 BHK apartments averaging ₹43,750 per month as of September 2026. These figures provide a clear baseline for tenants and landlords looking to understand the monthly occupancy costs for residential apartments in this locality.
Rental rates in Sector 22 show a distinct difference between residential and commercial offerings. As of September 2026, office spaces command an average rental rate of ₹100 per sq ft, having appreciated by 1.03%, while residential apartments average ₹50 per sq ft, which has seen a notable appreciation of 19.05%.
The villa market in Sector 22 is currently priced at ₹36,150 per sq ft as of September 2026. This segment has experienced a marginal appreciation of 0.24% over the observed period, suggesting that villas remain a stable and consistent asset class for those looking to invest in this specific residential typology.
Rental rates across the vicinity of Sector 22 are largely uniform at ₹50 per sq ft in many neighbouring sectors, including Sector 23, Sector 35, and Sector 36, as of September 2026. However, some areas show volatility; for instance, Sector 33 has seen a depreciation of 10% in rental rates, whereas Sector 45 has experienced an appreciation of 9.52%, highlighting that rental demand can fluctuate significantly even between adjacent sectors.
