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Sector 40, Chandigarh

Buy: ₹ 2.3 Cr - ₹ 35.2 Cr
Rent: 8,000 - 85,000
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About Sector 40, Chandigarh

sector 40 is a notable spot in Chandigarh. the site gives properties in a broad spending reach and plans in private and business zones. a few of the close-by territories to sector 40, sector 40a, sector 41, sector 38c, sector 39, sas nagar phase 1, sector 35d and sector 36. furthermore, it involves different parks surrounding the natures excellence of topiary park and the terrace garden around the area.

sector 40 chandigarh is connected with different places of chandigarh through bus transport and well-connected roadways. the site is also surrounded by shopping malls, international schools, and multi-specialty hospitals. it is an ideal spot for the devotees as the territory is near the iskcon temple.

the streets are uncommonly fabricated and have a region that has adequate green space. chandigarh railway station and chandigarh international airport are nearby. the site has various famous developers, like jv building construction, sss constructions, r. s builders, gee city builders private limited, etc.

key highlights

  • excellent transport facility which connects different parts of the city

  • properties are primarily available for lease purpose

whats great?

  • chandigarh railway station is 12 km away from the locality

  • well-known super specialty hospital and international schools surround the region

whats not great? 

  • traffic congestion frequently could be an issue

Watch out for?

  • there are few similar nearby localities in and around sector 40, such as sector 40a, sector 41, sector 38c, sector 39, sas nagar phase 1, sector 35d and sector 36.

property price rising factor

short term

  • extensive reach to other parts of chandigarh

  • nearness to the railway station and airport

long term

  • upcoming residential area

  • developing commercial space

other highlights

social infrastructure

even though sector 40 is an industrial and residential hub and known for its commercial space and residential houses. it offers facilities like nearby schools, hospitals, and shopping buildings. an excellent social establishment is making the region more developed and progressed.

shopping complex & markets

  • aaina fashion mall 

  • nehru departmental store 

  • sector 40 c market 

  • easyday club

health care centers 

  • santokh hospital, multi-speciality hospital 

  • indus super speciality hospital – sector 55

  • max super specialty hospital – sector 56

  • pandhi hospital - sector 36

connectivity & public transport

  • intercity bus station – 4.9 km

  • chandigarh railway station – 12 km

  • chandigarh international airport – 20 km

schools, bank & fitness centers

schools in this area :

  • delhi public school - sector 40b

  • govt model senior secondary school - sector 40 b

  • sharda sarvhitkari model senior secondary school - sector 40 b

  • stepping stones senior secondary school - Sector 37 d

banks in this area: 

  • union bank of india - sector 40 c

  • state bank of india –sector 40b

  • indian bank - sector 40c

  • indusind bank - sector 40 

atm facility:

  • hdfc bank 

  • indusind bank  

  • punjab national bank 

  • oriental bank of commerce

fitness centres in this area:

  • ozi gym & spa - sector 40 

  • fit life professional gym & spa - sector 40b

  • city fitness gym - sector 40 market road, 40d

  • flex gym –sector 40b

popular landmarks near locality

  • topiary park –sector 35a

  • landmark immigration – sector 41d

  • iskcon temple - sector 36 b

  • terrace garden – sector 40b

micro market analysis

capital and rental trends

  • there are eight properties in sector 40 is available for rent. the rent of 3 bhk ranges between rs.26k to 35k. the average rent of 2 bhk properties is in the range of rs.21k to 25k.

  • most of the property type available for lease includes commercial office space, residential houses, builder floor apartment and commercial showroom.

  • however, there is no property available for sale in sector 40 for the time being.

scope of growth

sector 40 is a developing industrial area with 17% of the commercial regions around the space. there are various schools, retail outlets, and emergency clinics inside the region.

it has marvellous permission to different streets interfacing various pieces of chandigarh. 

investment opportunities

the undertaking opportunity is bewildering as of now as the area is developing. price patterns support purchasing properties and also selling properties in sector 40. around 66% of the properties are residential house and builder floor apartment in sector 40. the standard room set up in this space is 3 bhk around there and records for generally half of the available number of properties open for lease.

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