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Sector 15, Chandigarh

Buy: ₹ 1.15 Cr - ₹ 6.5 Cr
Rent: 15,000 - ₹ 2 L
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About Sector 15, Chandigarh

sector 15 is a famous locality situated in Chandigarh. several blocks in this locality are block a, block b, block c, and block d. nearby areas to this locality are sector 16 (0.98 km), sector 24 (2.03 km), sector 11 (2.09 km), and Sector 10 (2.23 km). karan, mohali, and panchkula are the cities located close by. 

the prominent hub of employment, rajiv gandhi chandigarh it park, is located nearby, making this locality an ideal one. this opens the chances of the employment opportunities in the locality. also, the area is perfectly located for the employees working in it companies there.

the locality has primarily residential complexes. 69% of the real estate is owned by builder floors, 24% by residential houses, 3% by commercial shops, and 4% by villas. additionally, 3 bhk is the most common room configuration and occupies 71% of the apartments, followed by 5 bhk and 7 bhk, which occupy 11% and 7%, respectively. some of the top realtors in sector 15 who have multiple projects are omara ventures india pvt ltd, elegant constructions, singla constructions limited, hanumant builders and land developers, and bindra estates and builders.

key highlights

  • situated close to rajiv gandhi chandigarh it park.

  • several types of properties are available.

whats great?

  • this locality is rated best on environment, commute, and safety parameters.

  • many renowned educational institutions are located here.

whats not great?

  • water clogging during monsoon due to improper drainage system.

  • potholes on the roads are not taken care of.

Watch out for?

builder floor apartments in sector 15a and 15b primarily because there are many options available and at a reasonable rate. the properties in builder floors are spacious for a family and have a number of reputed educational institutions and emergency centers available.

property price rising factor

short term

  • a modernistic city with ample greenery.

  • commute to different parts of the city is trouble-free.

long term

  • planned metro facilities in the area will boost commuting.

  • many high-rise projects are coming up in the locality.

other highlights

social infrastructure

the locality is situated very close to markets where one can find traditional indian clothing, jutties, jewelry, and cosmetics. many famous malls which are home to well-known worldwide brands are located here. close connectivity to rajiv gandhi chandigarh it park and famous institutions like punjab university and dav college.

shopping complex & markets

  • piccadilly square mall

  • tdi mall

  • sector 17 market

  • the brand shop

  • roshan lal

health care centres

  • grecian super specialty hospital

  • dr. harbants surgical clinic

  • dharam hospital

  • charitable hospital

  • sachdeva clinic

connectivity & public transport

  • sector 15 has proximity to lakhnaur pind road, which connects the highway. 

  • the nearest railway station is chandigarh junction railway station, sahibzada ajit singh nagar, chandi mandir, kharar, and kalka.

  • chandigarh transport undertaking operates buses in this locality. the frequency of buses in the area is excellent.

schools in this area

  • dav model school

  • shri guru tegh bahadur ji school

  • government model senior secondary school

  • sarvhitkari model high school

  • paragon convent school

banks in the area:

  • punjab and sind bank

  • central bank of india

  • icici bank

  • axis bank

  • indusind bank

nearby atms for all prominent banks:

  • state bank of india atm

  • hdfc bank atm

  • punjab and sind bank atm

  • icici bank atm

  • canara bank atm

fitness centres:

  • body sculpt gym

  • cuts and curves gym

  • fitness max

popular landmarks near locality

  • chandigarh foundation stone

  • punjab university

  • tank monument

micro market analysis

capital and rental trends

  • the starting rate of properties in sector 15 is rs 1,133 and can go up to rs 1 lakh.

  • 21% of the properties listed for sale are in the price ranging from rs 2.2 crore to rs 2,4 crore, 18% in the range of rs 2.4 crores to rs 2.6 crores, and 14% in the range of rs 1.8 crores to rs 2 crores.

  • 28% of the properties listed for rent are in the range of rs 15k to rs 20k, 18% in the range of rs 10k to rs 15k, and 15% in the range of rs 30k to rs 35k.

scope of growth

since the past year, property rates in this locality have risen by 10.05% because of constant growth in the localitys social and civic infrastructure. the locality has improved to a large extent regarding its commute, surroundings, and safety.

investment opportunities

the average price per square foot is rs 23,930 in this locality. it is recommended to buy and sell properties in this locality as both are very beneficial.

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