Property Rates in Sector 48, Chandigarh

Property prices in Sector 48, Chandigarh have shown a fluctuating trend over the past year. From June 2025 to March 2026, the average asking price has increased from ₹14,558 per sq ft to ₹17,374 per sq ft. This upward movement, particularly notable between Sep 2025 and Mar 2026, suggests growing demand or a shift in inventory towards higher-priced properties.

Sector 48, Chandigarh has an average asking price of ₹17,374 per sq ft as of March 2026. This is higher than several surrounding micromarkets, such as Sector 49 (₹15,766 per sq ft, appreciating by 15.16%), Mohali Sector 65 (₹12,575 per sq ft, depreciating by 0.42%), and Sector 63 (₹12,478 per sq ft, stable). However, it is lower than Sector 51 (₹19,400 per sq ft, appreciating by 3.92%) and Sector 50 (₹18,302 per sq ft, depreciating by 0.54%).

As of March 2026, the average price for apartments in Sector 48, Chandigarh is ₹17,374 per sq ft. This segment has experienced a depreciation of 4.24% from the previous period in December 2025, suggesting a potential buying opportunity for those interested in apartment properties in this locality.

The average rental rate across Sector 48, Chandigarh is ₹0 per sq ft as of March 2026, with a rental yield that is marked as 'NA'. This indicates that while there might be rental activity, the available data does not provide a quantifiable average rental rate or a calculable yield for the locality at this time.

Rental rates vary significantly across micromarkets near Sector 48, Chandigarh. As of March 2026, Sector 36 shows the highest average rental rate at ₹39 per sq ft, with no change reported. Sector 38 follows with ₹27 per sq ft, having appreciated by 35%, while Manimajra has the lowest at ₹18 per sq ft, experiencing a depreciation of 25%. Other areas like Sector 49 and Sector 44 are at ₹24 per sq ft.

While specific BHK-wise rental data for Sector 48, Chandigarh is not detailed in the current dataset, nearby micromarkets offer insights. For instance, Sector 49 and Sector 44 have an average rental rate of ₹24 per sq ft. Sector 38 shows a higher rate of ₹27 per sq ft, which has appreciated by 35% from the previous period. Understanding the specific BHK configuration within these areas would provide a more precise rental expectation.

The -4.24% change in the average asking price for Sector 48, Chandigarh, from December 2025 to March 2026, signifies a depreciation in property values during that period. This could be due to various market factors such as increased supply, a seasonal dip in demand, or a correction after a period of price increases, suggesting that buyers might find slightly more room for negotiation.

The provided data does not specify top projects within Sector 48, Chandigarh based on transaction activity or listing rates. However, the overall market overview for Sector 48 shows an average asking price of ₹17,374 per sq ft as of March 2026, with a limited listing count of 3.

As of March 2026, the average asking price in Sector 48, Chandigarh is ₹17,374 per sq ft. This is higher than the micromarket average of ₹14,259 per sq ft for the same period. The locality's rate has depreciated by 4.24% from December 2025, while the micromarket rate has also depreciated by 17.36% from December 2025 to March 2026.

The Government Registration Rate for properties in Sector 48, Chandigarh is listed as ₹0 per sq ft. This indicates that the provided data does not capture or reflect the official government registration charges for this locality, focusing instead on market asking prices.

Among the micromarkets near Sector 48, Chandigarh, Sector 38 has experienced a notable rental appreciation, with its average rental rate increasing by 35% to ₹27 per sq ft as of March 2026. This suggests a strong uptick in rental demand or a reduction in available rental inventory in that specific area compared to the previous period.

Sector 49, a neighboring micromarket, has an average property rate of ₹15,766 per sq ft as of March 2026, which has appreciated by 15.16% from the previous period. This is lower than Sector 48's average asking price of ₹17,374 per sq ft, which has depreciated by 4.24% in the same timeframe.