Sector 40 Chandigarh - Map, Projects, Photos & Reviews 2026

Locality Snapshot

About Sector 40, Chandigarh

Located within Chandigarh Sectors in Chandigarh, Sector 40 bears the pincode 160036 and stands as one of 201 localities in Chandigarh with an average sale price of ₹26,300 per sq ft. Real estate activity in the area features an inventory of 16 properties for sale and 64 properties for rent.

Property configurations currently available in the market comprise Independent House, Apartment, Builder Floor along with 1 BHK,2 BHK,3 BHK,4 BHK options.
The market asking price stands at ₹26,300 per sq ft, with overall sale prices ranging between ₹60.00 Lakh and ₹19.00 Cr.
Rental accommodation has an average rental price of ₹24 per sq ft and an average rental rate of ₹24 per sq ft, with a rental yield of 1.10%.
BHK-wise monthly rental rates are structured as 1 BHK: ₹12,650 per month, 2 BHK: ₹22,000 per month, and 3 BHK: ₹75,250 per month, within a total rental price range of ₹12,000 - ₹1.10 Lakh.
Educational and medical needs for residents are supported by nearby facilities including Delhi Public School, Aanchal International School, Sri Guru Harkrishan Model Senior Secondary School, Euro Kids School, Bal Niketan Model School and Max Super Speciality Hospital, Abhilasha Hospital, Inscol Hospital, Urja Multispeciality Dental Clinic, Mukat Hospital and Heart Institute.

Advantages & Considerations

Why choose Sector 40 for Living?

An honest look at what residents love — and what to watch out for.

What BHK configurations are available and who do they suit in Sector 40?

The residential landscape of Sector 40 features diverse housing options, prominently led by 1 BHK,2 BHK,3 BHK,4 BHK configurations that cater to varying family sizes and space requirements.

What social infrastructure and lifestyle quality does Sector 40 offer?

Residents of Sector 40 enjoy access to established educational institutions including Delhi Public School, Aanchal International School, Sri Guru Harkrishan Model Senior Secondary School, Euro Kids School, Bal Niketan Model School for families with children. Healthcare needs are well-supported by proximity to Max Super Speciality Hospital, Abhilasha Hospital, Inscol Hospital, Urja Multispeciality Dental Clinic, Mukat Hospital and Heart Institute, ensuring prompt medical attention. For retail and daily conveniences, residents utilize the nearby Treasure Island, Piccadilly Square Mall, Shastri Market, Sector 15 shopping market, The Other Square.

What is the average asking price, how has it changed quarterly, and how does it compare to the government registration rate?

The average asking price in Sector 40 stands at ₹26,300 per sq ft, matching the current market asking price of ₹26,300 per sq ft and the government registration rate recorded in March 2026 at ₹26,300 per sq ft. Property values span a broad sale price range of ₹60.00 Lakh to ₹19.00 Cr, reflecting varied asset configurations across the micro-market. When evaluating regional pricing, nearby location sale rates show Sector 38 priced at ₹35,500 per sq ft (-3.78%), Sector 37 at ₹35,150 per sq ft (+3.42%), Sector 36 at ₹43,200 per sq ft (+1.60%), Sector 35 at ₹32,700 per sq ft (-4.13%), and Sector 34 at ₹42,300 per sq ft (-5.41%).
Quarterly pricing trends illustrate valuation shifts across the micromarket and location rates leading up to late 2025 and 2026.

Quarter	Location Rate	Micromarket Rate
Sep 2026	-	-
Jun 2026	-	₹40,200 per sq ft
Mar 2026	₹26,300 per sq ft	₹39,050 per sq ft
Dec 2025	₹27,400 per sq ft	₹38,050 per sq ft

The recorded location rate adjusted from ₹27,400 per sq ft in December 2025 to ₹26,300 per sq ft by March 2026, while the broader micromarket rate moved from ₹38,050 per sq ft to reach ₹40,200 per sq ft by June 2026. This trajectory highlights steady pricing dynamics relative to surrounding sectors like Sector 36 and Sector 34.

What is the rental yield and which projects lead by rental or transaction rate?

The rental yield in Sector 40 is recorded at 1.10%, establishing a baseline return metric for real estate investors evaluating income generation relative to the average sale price of ₹26,300 per sq ft.

What's Great

Top Highlights

Sector 40 Park provides residents with expansive green spaces, dedicated walking tracks, and children play zones.
The Sector 40 local market offers daily grocery stores, pharmacies, and essential convenience retail shops.
Shri Guru Harkrishan Public School is situated right opposite the neighborhood Badheri market boundary.
Udyog Path and Dakshin Marg frame the neighborhood, ensuring swift connectivity across the entire tricity.
Sector 40 Public Park features structured layouts hosting regular community gatherings and morning walker groups.

Best For

Professionals from the service industry seeking peaceful neighborhoods near Vikas Marg find this sector ideal.
Families desiring close proximity to the Sector 40 Market road and local parks benefit greatly.
Residents preferring easy access to Vidya Path and Paschim Marg find commuting across Chandigarh convenient.
Households looking for local grocery and medical access near the Sector 40C Market thrive here.
Individuals wanting proximity to educational hubs near Sector 42 colleges choose this residential pocket.

What's Concerning

Watchouts / Gaps

The Sector 40-D market suffers from prolonged neglect, featuring damaged paver blocks and a severely deteriorating parking zone.
Traders at the Sector 40-D market have frequently highlighted the complete absence of any public restroom facility.
Residents of the Sector 40 MIG-I housing pockets have long complained about dangerous, open electricity junction boxes.
The green belts and parks in Sector 40 frequently battle heavy wild growth of parthenium weed and bushes.
Shoppers visiting the Sector 40-D commercial area face severe water-logging in the parking lot whenever heavy rains occur.

Not Ideal For

People sensitive to foul odors will struggle near the block C and D road serving as a makeshift garbage dump.
Two-wheeler commuters risk injuries navigating deep craters and damaged surfaces near the Sector 40 traffic lights.
Residents intolerant of mosquito-borne health risks will suffer due to choked drainage systems across Sector 40-D.
Homeowners disturbed by wild shrub growth and rodent infestations will struggle near the neglected Sector 40-D green belts.
Shoppers avoiding poorly maintained commercial infrastructure will find the Sector 40-D market area frustrating during festive preparations.

Recent & Future Developments

What's New in Sector 40, Chandigarh

Live news feed — last updated 11 September 2026

11 Sept2026

Chandigarh Notifies New Tenancy Rules for Transparency and Efficiency

The Union Territory of Chandigarh has notified the Tenancy Rules, 2026, which mandate online registration of tenancy agreements, issuance of Unique Identification Numbers (UINs), and a three-tier dispute resolution mechanism. These rules aim to bring transparency, accountability, and speed to the tenancy ecosystem, covering rent revision, recovery of possession, and dispute resolution.

Source: The Tribune

07 Sept2026

Chandigarh Power Distribution Network Modernized with Underground Cabling

Chandigarh Power Distribution Limited (CPDL) has successfully converted its overhead 11 kV electricity distribution network to an underground system across Sectors 1-8. This Rs 12 crore project, involving 18 kilometers of underground cabling, aims to enhance the reliability and safety of power supply.chandigarh

Source: HT, India News Calling

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.

What are the accessible transit options and surrounding areas near Sector 40, Chandigarh?

Sector 40, Chandigarh connects residents via Dhanas Busstop, Manimajra Bus Stand. Traveling to surrounding destinations is supported by proximity to Sector 38, Sector 36, Sector 37, Sector 41, Sector 39.

Which lifestyle and spiritual locations are situated near Sector 40, Chandigarh?

Residents can visit Hotel Cama, Aman Regency, Hotel Heritage, Maya Hotel, JW Marriott Hotel Chandigarh located around Sector 40, Chandigarh. For spiritual needs, Saketri temple are situated nearby.

What daily convenience options, retail stores, financial access, and food delivery services are available in Sector 40?

Residents of Sector 40 have access to a variety of local shopping and daily convenience establishments located directly within the sector and its immediate markets. Everyday household shopping, fresh groceries, and dairy needs are fulfilled by neighborhood outlets such as Easyday Club, Patanjali Mega Store, PTC Supermarket, Shri Ram Traders, Gujral Departmental Store, and New Annapurna Store. Essential healthcare items and prescribed medicines are readily procurable through local pharmacies and medical stores situated throughout the sector's markets. Financial and banking requirements are supported by multiple bank branches and automated teller machines (ATMs) placed conveniently across the commercial zones. Additionally, online food delivery platforms including Zomato and Swiggy are fully active in Sector 40, providing rapid doorstep delivery from a wide selection of nearby restaurants and eateries.

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

What is the average sale price and how do prices vary by property status?

In Sector 40, the average sale price stands at ₹26,300 per sq ft. Buyers can explore a sale price range spanning from ₹60.00 Lakh to ₹19.00 Cr. Property type rates for villa listings register at ₹26,300 per sq ft, reflecting a -4.13% change.

Property Type	Avg Rental Rate	Change
villa	₹50 per sq ft	-
apartment	₹50 per sq ft	+4.35%

The table outlines rental rates across property types in Sector 40, where both villas and apartments record an average rental rate of ₹50 per sq ft. Apartments show a positive adjustment of +4.35%, while villas hold steady with no percentage change recorded.

What is the average rental price, rental price range, and how do rental rates vary by property type?

Rental properties in Sector 40 command an average rental price of ₹24 per sq ft, matching the average rental rate of ₹24 per sq ft. The rental price range spans from ₹12,000 to ₹1.10 Lakh per month.

Which BHK types command what monthly rental rates?

Rental by BHK metrics in Sector 40 indicate that 1 BHK configurations list at ₹12,650 per month. The monthly rental rate for 2 BHK units is ₹22,000, while 3 BHK properties command ₹75,250 per month.

Which nearby localities have comparable rental rates?

Rental rates in nearby areas show that Sector 38 records ₹50 per sq ft with a -7.41% variance. Sector 37 stands at ₹50 per sq ft representing a +21.74% change, while Sector 36 maintains ₹50 per sq ft. Sector 35 registers ₹50 per sq ft at a +25.00% difference, and Sector 44 matches ₹50 per sq ft with an +8.33% change.

Avg. Sale Price ₹ 26,300/sq.ft For Villa

Avg. Rental ₹ 24 /sq.ft

4.35%

Rental Yield 1.10% p.a.

Property Rates in Sector 40

Property Demand vs Supply

Where the Market is Moving

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

What property type is most in demand for buying, and how does resale availability coordinates in Sector 40?

The buy-side market in Sector 40 records active demand centered around Independent House, Apartment, Villa property configurations, aligning with a total inventory of 16 resale properties currently available for prospective buyers.

Which BHK type is most demanded and most supplied for renting?

Rental market requirements in Sector 40 show a primary tenant preference for 3 BHK, 2 BHK, 1 RK layouts, which are actively met by a corresponding rental supply dominated by 3 BHK, 2 BHK, 1 BHK configurations.

Which property type dominates the buy-side supply?

The residential inventory available for purchase in Sector 40 is heavily anchored by Independent House, Apartment, Villa property types, shaping the primary supply structure on the buy side.

Sale
Rent

By Property Type

	Demand	Supply
Apartment	16%	19%
Builder Floor	1%	7%
Independent House	70%	44%
Plot	2%	13%
Villa	8%	19%

By BHK

	Demand	Supply
1 BHK	5%	8%
2 BHK	13%	22%
3 BHK	5%	8%
3.5 BHK	12%	15%
4 BHK	2%	8%

5 BHK	27%	8%
6 BHK	18%	15%
6+ BHK	11%	22%

By Budget

	Demand	Supply
50 L - 2 Cr.	20%	25%
2 Cr. - 5 Cr.	52%	25%
Above 5 Cr.	26%	50%

By Property Type

	Demand	Supply
Apartment	24%	2%
Builder Floor	58%	26%
Independent House	16%	74%

By BHK

	Demand	Supply
1 RK	12%	2%
2 BHK	37%	12%
3 BHK	44%	81%
4 BHK	5%	2%

By Budget

	Demand	Supply
Below 15000	29%	4%
15000 - 30000	27%	15%
30000 - 50000	23%	8%
Above 50000	19%	75%

Trusted Developers

Top Builders in Sector 40, Chandigarh

Godrej Chandigarh

1Total Projects
29Experience

Ready to Move (1)

Altus Space Builders Pvt Ltd Chandigarh

5Total Projects

Turnstone Realty LLP Chandigarh

3Total Projects

The Mentor Group Chandigarh

1Total Projects

Ready to Move (1)

ABS Group Chandigarh

2Total Projects

Virtue Land Developers Chandigarh

1Total Projects

Under Construction (1)

View all Builders

Browse Inventory

Properties Available in Sector 40, Chandigarh

Rent

By Property Type
By BHK

Builder Floors in Sector 40 Chandigarh

for Rent

Independent Houses in Sector 40 Chandigarh

for Rent

3 BHK Flats

in Sector 40 Chandigarh for Rent

Neighborhood

Localities around Sector 40, Chandigarh

Compare top neighbouring localities and discover micro-markets nearby.

Sector 38, Chandigarh

Average Sale Price

₹ 35,500/sq. ft

Avg Rental

₹ 25/sq. ft

Rental Yield

3.9%

2

For Sale

53

For Rent

Sector 36, Chandigarh

Average Sale Price

₹ 43,200/sq. ft

Avg Rental

₹ 39/sq. ft

Rental Yield

3.9%

52

For Rent

Sector 37, Chandigarh

Average Sale Price

₹ 35,150/sq. ft

Avg Rental

₹ 28/sq. ft

Rental Yield

3.9%

8

For Sale

39

For Rent

Sector 41, Chandigarh

4.0

(2 Reviews)

Rental Yield

3.9%

5

For Sale

7

For Rent

Sector 39, Chandigarh

Rental Yield

3.9%

8

For Sale

3

For Rent

Sector 42, Chandigarh

Rental Yield

3.9%

1

For Sale

7

For Rent

Mohali Sector 71, Chandigarh

Rental Yield

3.9%

2

New Projects

1

For Rent

Phase-II Sector 31-47, Chandigarh

Rental Yield

3.9%

1

For Sale

Sector 55, Chandigarh

Rental Yield

3.9%

1

For Rent

Dadu Majra Colony, Chandigarh

Rental Yield

3.9%

1

For Sale

View all Localities

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 ₹24 per sq ft. Rental rates generally range between ₹ 12 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 1 BHK,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 16 properties are available for sale, while nearly 64 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 38, Sector 36, Sector 37, Sector 41, Sector 39. 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.