Zirakpur
The real estate market in VIP Road has maintained a steady price point of ₹5,100 per sq ft, demonstrating consistent interest from both homebuyers and investors. While the residential sector remains the primary driver of activity, the rental market is equally robust, offering significant yields for property owners. Development stages vary from ready-to-move projects to new launches, ensuring that buyers with different timelines find suitable options. Commercial spaces, including office units, continue to provide diverse investment avenues, balancing the overall market portfolio.
As of June 2026, the average asking price in VIP Road stands at ₹5,100 per sq ft. This rate has seen a modest appreciation of 0.69% compared to the previous period, reflecting a stable and consistent demand for residential apartments in this locality.
Property prices in VIP Road have shown a period of stability, maintaining an average asking price of ₹5,100 per sq ft throughout the first half of 2026, specifically in March 2026 and June 2026. While there was a fluctuation in September 2025 where rates were higher at ₹5,850 per sq ft, the current pricing reflects a consolidated market position that offers clarity to prospective buyers and investors.
Property prices in VIP Road, currently at ₹5,100 per sq ft, are positioned competitively against several surrounding areas. For instance, Utrathiya commands a higher average of ₹9,050 per sq ft (which appreciated by 4.19%), and International Airport Road sits at ₹8,150 per sq ft (appreciating by 8.05%). Conversely, Ghazipur remains a more accessible option at ₹5,000 per sq ft, which has seen an appreciation of 6.69%.
As of June 2026, ready-to-move properties in VIP Road are priced at an average of ₹4,950 per sq ft, having appreciated by 3.87% compared to the prior period. In contrast, new launch projects are currently averaging ₹5,850 per sq ft, which reflects a slight depreciation of 0.34% over the same timeframe, indicating that buyers may find more immediate value in established, ready-to-move inventory.
The average rental rate in VIP Road is ₹18 per sq ft as of June 2026, a figure that has remained stable with 0% change over the recent period. Investors may find the rental yield of 4.24% particularly noteworthy, as it provides a clear benchmark for the potential annual income relative to the capital investment required for properties in this locality.
Rental rates in VIP Road vary significantly by unit size, catering to a diverse tenant profile as of June 2026. Studio apartments average ₹12,350 per month, while 1 BHK units command ₹15,500 per month. For larger requirements, 2 BHK units average ₹22,150 per month, 3 BHK units reach ₹28,900 per month, and 4 BHK apartments are available at an average of ₹41,450 per month, providing options for both nuclear families and larger households.
As of June 2026, premium rental projects in VIP Road include Chandigarh Citi Center at ₹24 per sq ft (which saw a depreciation of 27.27%), followed by HLP Palmillas at ₹20 per sq ft (appreciating by 5.26%), and Jaipurias Sunrise Greens Zirakpur, also at ₹20 per sq ft with stable pricing. These projects represent the higher end of the rental market, and tenants should note that rental rates in these specific developments have shown varying trends compared to the broader locality average.
As of June 2026, property prices in VIP Road show a distinct hierarchy based on type. Villas are the most premium segment at ₹12,350 per sq ft, showing a significant appreciation of 27.17%. Shops follow at ₹11,650 per sq ft (appreciating by 5.81%), while office spaces are priced at ₹6,150 per sq ft (depreciating by 5.81%), and residential apartments remain the most accessible at ₹5,100 per sq ft, having appreciated by 0.69%.
Investors looking at VIP Road should note that Hermitage Centralis currently leads with a listing rate of ₹6,800 per sq ft, having appreciated by 7.69% as of June 2026. Other notable projects include Metro Trade Center at ₹6,150 per sq ft (stable pricing) and Essentia Homes at ₹5,950 per sq ft, which has seen a substantial appreciation of 53.38%. These figures highlight the premium positioning of specific developments within the locality.
You can use this data to compare the current average asking price of ₹5,100 per sq ft in VIP Road against your budget and the broader Zirakpur market. By reviewing the appreciation trends—such as the 0.69% growth for apartments—and comparing rental yields of 4.24% against sale prices, you can determine whether a property aligns with your goals for either end-use or long-term rental income generation.
