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Sector 46, Chandigarh

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Rent: 11,000 - ₹ 1.25 L
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About Sector 46, Chandigarh

sector 46 is a locality on the southern side of Chandigarh that falls between shanti path and vikas marg. the locality is well-planned and well-maintained and is considered a busy and important location in chandigarh. the locality has plenty of popular schools, hospitals, markets, and parks, so residents do not face any problem in acquiring the basic amenities. the locality also has several places of worship for the residents and nearby localities to visit.

most of the houses in sector 46 have a 2 bhk or a 3 bhk configuration, and the prices of property as well the rent for the same are a bit higher than the reasonable side. some of the localities surrounding sector 46 are sector 45 on the north, sector 47 on the south, Sector 49 on the west, and sector 32 on the east. the locality is well connected to other parts of chandigarh, and transportation facilities are available throughout the day. sector 46 is close to several employment hubs.

key highlights:

  • sector 46 has several parks spread throughout the area and is considered one of chandigarhs most beautiful localities.
  • the locality also has a sports stadium with all facilities where people from all parts of chandigarh come.
  • the locality has a gurudwara church, and there are temples in close vicinity as well.

whats great?

  • the vikas marg that passes adjacent to the locality on the left side connects the northern part of chandigarh to the southern part, so the locality has good connectivity.
  • the local market of the sector and nearby markets have everything available for residents.
  • the locality has ample parking space.

whats not great?

  • the locality sees a lot of traffic congestion due to the popular local market and as it is quite close to the employment hub – industrial area phase-2.
  • the main road is wide, but other roads within the locality are narrow.


Watch out for?:

investors should Watch out for? high rent and property charges due to sector 46s proximity to industrial area phase 2, an employment hub.

property price rising factor:

  • short term

    - the short term factor could be the upcoming projects in the locality. sector 46 is well planned, and there is less scope for improvement as it already is close to perfect.
  • long term

    - the long term factor could be the high demand for a property in this locality and the growing inflation that could lead to an even further rise in property prices with time.

other highlights:

social infrastructure

sector 46 is a good locality with a solid social infrastructure as there are parks, schools, hospitals, market, etc., in close range of the locality along with ample parking space.

shopping complex and markets

the locality is well adept in markets as the local market in nearby localities is among the most famous in chandigarh. residents face no problem in acquiring commodities from the various small shops in the locality.

healthcare centres

there are several healthcare centres in and around the sector 46 locality, some of which are:

  • kapoors kidney and urostone centre
  • landmark hospital.

connectivity and public transport

the locality is well connected to chandigarh via roads like the vikas marg, shanti path, sukhna path, etc. there are several public transport options available in the locality throughout the day like bus services, taxis, cabs, autos, e-rickshaws for small distance travel, etc.


schools, banks and health centres-

schools

some of the schools providing education in the vicinity of this locality are:

  • kundan international school
  • ya sikhya public school

banks

some of the banks providing their services to the residents of this locality are:

  • icici bank
  • punjab and sind bank
  • hdfc bank

fitness centres

some of the fitness centres in and around this locality are:

  • ultimate fitness gym
  • recreation gym

popular landmarks

some of the major landmarks of this locality are sector 46-c park and gurudwara sahib.


micro market analysis

:

capital and rental trends

- a 3 bhk property in this locality would cost close to inr 1 crore while the rent for same would be somewhere in the range of inr 30,000 to 50,000.

scope of growth

- the locality is well-established. although a few new projects are under construction, any further growth is next to impossible as there is everything one can desire in proximity.

investment opportunities

- the investment opportunities are a bit rare in this locality, but once there is a slot open, the demand is so high that the rates jump up as well. if one can get a property here, it would surely prove to be a good investment for the future.

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