Property Rates in Sector 48, Chandigarh

Sector 48 in Chandigarh presents a dynamic real estate landscape, characterized by robust asking prices and positive quarterly growth trends. The current asking price for properties in the area is ₹17,374 per sq ft. Over the past few quarters, the market has seen a consistent appreciation, with location rates climbing steadily from ₹14,558 per sq ft in June 2025 to ₹18,144 per sq ft by December 2025. Apartments are the primary property type available, matching the overall average asking price, though they have seen a slight decline of -4.24%. While direct rental data for Sector 48 is not provided, the rental market in adjacent areas like Sector 36, Sector 40, and Sector 44 indicates active demand, with rates ranging from ₹23 to ₹39 per sq ft.

• The location's property rates demonstrated a strong upward trajectory, increasing from ₹14,558 per sq ft to ₹18,144 per sq ft within six months.
• Apartment prices in Sector 48 align with the overall average asking price of ₹17,374 per sq ft.
• Neighboring Sector 51 and Sector 50 command higher average rates at ₹18,939 per sq ft and ₹18,387 per sq ft, respectively, both showing significant positive changes.
• Mohali Sector 66 stands out with a remarkable 52.44% price appreciation, reaching ₹14,317 per sq ft.
• Rental rates in nearby localities like Sector 36 (₹39 per sq ft) and Sector 44 (₹23 per sq ft) offer a glimpse into the regional rental potential.