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Chandigarh Sectors · 160036

Sector 40, Chandigarh

Sector 40 is a residential locality in Chandigarh, Punjab that offers a practical mix of housing, connectivity and daily amenities. Chandigarh and its satellite towns are known for planned infrastructure. This locality fits into that broader well-organised urban setup. It draws buyers who want to be in Chandigarh without stretching their budget to the more expensive addresses.

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Location Map of Sector 40, Chandigarh
Recent & Future Developments

What's New in Sector 40, Chandigarh

Live news feed — last updated 27 July 2026

27 Jul2026

Prime Minister Modi's Infrastructure Push: ₹6,600 Crore Projects for Chandigarh Region, Benefitting Mohali

PM Narendra Modi's visit on July 17, 2026, included the inauguration and foundation stone laying for projects worth over ₹6,600 crore in the Chandigarh region,Key road projects include the 6-lane IT City-Kurali Greenfield Highway, the 6-lane Zirakpur Greenfield Bypass, and the PR-7 Spur (NH-205A).

Source: The Economic Times
22 Jul2026

Prime Minister inaugurated Mohali IT City–Kurali Expressway on July 17

PM Narendra Modi inauguratde the Mohali IT City–Kurali Expressway, a 6-lane greenfield corridor, on July 17. This project is expected to significantly reduce travel time between Mohali, Kharar, and Kurali, and improve connectivity across Punjab, Haryana, Himachal Pradesh, and J & K,.

Source: Hindustan Times
13 Jul2026

Leisure Valley in Sector 10 Faces Neglect, Awaiting Comprehensive Revamp

Chandigarh's Leisure Valley in Sector 10, once envisioned as the 'Lungs of the City,' is suffering from neglect with broken tracks, waterlogging, and poor sanitation. A Rs 2.34-crore project has been approved for its comprehensive revamp, aiming to make it more disabled-friendly and visitor-friendly.

Source: The Tribune
13 Jul2026

Road Cave-In Between Sectors 33 and 45 Exposes Civic Infrastructure Weaknesses

A portion of the dividing road between Sectors 33 and 45 in Chandigarh has caved in due to heavy rains, highlighting weaknesses in the city's civic infrastructure. The municipal corporation has barricaded the area, and an investigation is underway to determine if the storm water pipeline contributed to the collapse.

Source: The Times of India
07 Jul2026

Over 250 Under-Construction Structures Deemed Illegal in Chandigarh

A city-wide survey by the Municipal Corporation has identified over 250 under-construction structures as illegal, with more still under scrutiny. Violations include construction without approved plans, commercial activities in residential areas, and significant deviations from sanctioned maps.

Source: The Tribune
16 Jun2026

GMADA Flags Over ₹1,014 Crore in Dues from Real Estate Developers

The Greater Mohali Area Development Authority (GMADA) has identified over ₹1,014 crore in outstanding dues from major real estate developers, including External Development Charges and license fees. This has led to a halt in fresh approvals for affected projects, raising concerns among homebuyers.

Source: The Indian Express
06 May2026

Chandigarh Housing Board to Auction Commercial and Residential Units

CHB plans to auction 79 commercial booths and 14 residential units on a freehold basis starting next week. This initiative aims to generate revenue and provide housing opportunities. The CHB is also preparing to launch a general housing scheme with stilt-plus-six storey flats in Sector 53, 250 residential units on 2 plots of 4.5 acres each.

Source: The Tribune
05 May2026

Major Infrastructure Boost for Zirakpur with NHAI Awarding Bypass and Spur Projects

NHAI has awarded the construction work for the Zirakpur-Panchkula bypass (19.2 km) and a spur connecting it to the Ambala-Chandigarh expressway (10.3 km). This Rs 1,983-crore project aims to dismantle the chronic traffic gridlock in Zirakpur and surrounding areas by creating a six-lane bypass.

Source: The Tribune
28 Apr2026

Chandigarh MC Approves Record Development Works and Water Management Initiatives

The Municipal Corporation , Chandigarh's Finance and Contract Committee (F&CC) has approved a record 67 development works totaling ₹14.71 crore. These projects encompass the renovation of community centers, upgradation of markets with LED lighting, and installation of modern street lighting. Significant focus is also placed on road and street infrastructure, public health, sanitation, and green initiatives .

Source: The Tribune
21 Apr2026

New Community Centres Planned Across Chandigarh Sectors

CMC has floated tenders for the construction of new community centres and the reconstruction of existing ones in various sectors, including Sector 24, Sector 29, Sector 51, Bapudham Colony (Sector 26), Manimajra, and Sector 63. These projects, with an estimated cost of over ₹10 crore for Sector 24 and ₹8 crore for Sector 29, aim to provide enhanced amenities and facilities to residents.

Source: The Tribune
Explore Key Amenities & Commute

What's Around Sector 40, Chandigarh

Schools, transit, healthcare and essentials within walking distance — plus quick travel-time estimates to Chandigarh's top business hubs.

map
Nearby Places
  • Delhi Public School
    School
    0.5 km
  • Aanchal International School
    School
    0.6 km
  • Sri Guru Harkrishan Model Senior Secondary School
    School
    0.7 km
  • Sector 39 Plaza Phase Ii
    Office Park
    0.9 km
  • Euro Kids School
    School
    1.1 km

Plan your Commute Travel time from Sector 40, Chandigarh

Data Intelligence

Price Insights for Sector 40, Chandigarh

Quarterly trends, asking-price distribution, transactions and rental supply — powered by Square Yards' transaction graph.

Property Price Insights in Chandigarh Sectors
Avg. Sale Price ₹ 26,300/sq.ft For Villa
-4.13%
Avg. Rental ₹ 23 /sq.ft
Rental Yield 1.05% p.a.
Property Demand vs Supply

Where the Market is Moving

Real-time signals from buyer searches and active inventory in Sector 40, Chandigarh.

  • Sale
  • Rent
By Property Type
Demand
Supply
Apartment
5%
22%
Independent House
84%
43%
Plot
1%
8%
Villa
7%
22%
By BHK
Demand
Supply
1 BHK
2%
8%
2 BHK
4%
24%
3 BHK
7%
8%
3.5 BHK
10%
16%
4 BHK
3%
8%
5 BHK
22%
8%
6 BHK
25%
16%
6+ BHK
21%
16%
By Budget
Demand
Supply
50 L - 2 Cr.
5%
29%
2 Cr. - 5 Cr.
51%
29%
Above 5 Cr.
42%
43%
By Property Type
Demand
Supply
Apartment
6%
2%
Builder Floor
40%
16%
Independent House
53%
83%
By BHK
Demand
Supply
1 RK
2%
2%
2 BHK
54%
6%
3 BHK
31%
91%
4 BHK
1%
2%
By Budget
Demand
Supply
Below 15000
16%
0%
15000 - 30000
71%
8%
30000 - 50000
3%
8%
Above 50000
8%
85%
Trusted Developers

Top Builders in Sector 40, Chandigarh

Browse Inventory

Properties Available in Sector 40, Chandigarh

  • Sale
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  • By Property Type
  • By BHK
Properties in Sector 40, Chandigarh
Flats in Sector 40 Chandigarh
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Properties in Sector 40, Chandigarh
Builder Floors in Sector 40 Chandigarh
for Sale
Properties in Sector 40, Chandigarh
Independent Houses in Sector 40 Chandigarh
for Sale
Properties in Sector 40, Chandigarh
Villas in Sector 40 Chandigarh
for Sale
Properties in Sector 40, Chandigarh
Residential Plots in Sector 40 Chandigarh
for Sale
Properties in Sector 40, Chandigarh
1 BHK Flats
in Sector 40 Chandigarh for Sale
Properties in Sector 40, Chandigarh
2 BHK Flats
in Sector 40 Chandigarh for Sale
Properties in Sector 40, Chandigarh
3 BHK Flats
in Sector 40 Chandigarh for Sale
Properties in Sector 40, Chandigarh
4 BHK Flats
in Sector 40 Chandigarh for Sale
  • By Property Type
  • By BHK
Properties in Sector 40, Chandigarh
Flats in Sector 40 Chandigarh
for Rent
Properties in Sector 40, Chandigarh
Builder Floors in Sector 40 Chandigarh
for Rent
Properties in Sector 40, Chandigarh
Independent Houses in Sector 40 Chandigarh
for Rent
Properties in Sector 40, Chandigarh
1 RK Flats in Sector 40 Chandigarh
for Rent
Properties in Sector 40, Chandigarh
2 BHK Flats
in Sector 40 Chandigarh for Rent
Properties in Sector 40, Chandigarh
3 BHK Flats
in Sector 40 Chandigarh for Rent
Properties in Sector 40, Chandigarh
4 BHK Flats
in Sector 40 Chandigarh for Rent
Neighborhood

Localities around Sector 40, Chandigarh

Compare top neighbouring localities and discover micro-markets nearby.

Average Sale Price
₹ 33,950/sq. ft
Avg Rental
₹ 23/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 36,900/sq. ft
Avg Rental
₹ 27/sq. ft
Rental Yield
3.9%
2
For Sale
29
For Rent
Average Sale Price
₹ 42,550/sq. ft
Avg Rental
₹ 39/sq. ft
Rental Yield
3.9%
1
For Sale
9
For Rent
Rental Yield
3.9%
8
For Sale
2
For Rent
Rental Yield
3.9%
4
For Sale
4
For Rent
Average Sale Price
₹ 8,950/sq. ft
Rental Yield
3.9%
6
New Projects
1
For Rent
Rental Yield
3.9%
1
For Sale
5
For Rent
Rental Yield
3.9%
2
New Projects
1
For Rent
Rental Yield
3.9%
1
For Sale
Rental Yield
3.9%
1
For Sale
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FAQ

Frequently Asked Questions

Find answers to common queries about Sector 40, Chandigarh.

Is Sector 40 a good place to live in Chandigarh?

Yes, Sector 40 is considered one of the preferred residential areas in Chandigarh.

What is the average property price in Sector 40, Chandigarh?

The average property price in Sector 40 is around ₹26,300 per sq ft. Prices typically range between ₹ 60 Lakhs to 19 Crore, depending on the project, property type, and exact location within the locality.

What is the average rent in Sector 40, Chandigarh?

The average rental price in Sector 40 is approximately ₹23 per sq ft. Rental rates generally range between ₹ 15 Thousand to 1.1 Lakhs, depending on the property size, furnishing, and configuration.

What is the PIN code of Sector 40?

The PIN code of Sector 40 is 160036. It is used for postal services, courier deliveries, and address verification.

What types of properties are available in Sector 40, Chandigarh?

Sector 40 offers a wide range of residential properties, including Independent House, Apartment, Builder Floor. Homebuyers and tenants can choose from configurations such as 2 BHK,3 BHK,4 BHK, depending on their budget and lifestyle requirements.

How many properties are available for sale and rent in Sector 40?

Currently, around 14 properties are available for sale, while nearly 54 properties are listed for rent in Sector 40.

Which localities are close to Sector 40 in Chandigarh?

Some of the nearby localities to Sector 40 include Sector 37, Sector 38, Sector 36, Sector 39, Sector 41. These areas are well connected and offer easy access to key residential and commercial destinations.

Are schools, hospitals, and malls available near Sector 40?

Yes, Sector 40 is well served by social infrastructure, including schools such as Delhi Public School, Aanchal International School, Sri Guru Harkrishan Model Senior Secondary School, Euro Kids School, Bal Niketan Model School, hospitals like Max Super Speciality Hospital, Abhilasha Hospital, Inscol Hospital, Urja Multispeciality Dental Clinic, Mukat Hospital and Heart Institute, and shopping malls including Treasure Island, Piccadilly Square Mall, Shastri Market, Sector 15 shopping market, The Other Square.

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