Commercial properties for Rent in Chandigarh

In its own special way, Chandigarh differs from other states and Union Territories. Chandigarh is the only Union Territory in India that is a shared capital city of two different states. This well-planned and maintained city combines the cultures of Punjab and Haryana. It is home to three government bases, making it a popular place for retired government workers and members of the armed forces. As the first planned city in India after independence, Chandigarh has consistently been at the forefront of urban and modern development. The city was created by the French architect Le Corbusier, who is also recognised for further developing the city.

The road network connecting Chandigarh to all northern Indian states and towns is excellent. As the metro line nears completion, travelling throughout the city will become significantly easier. As well as providing quick access to other parts of the country and even the world, Chandigarh has its own private airport. The expansion of a city's infrastructure is entirely the responsibility of a handful of well-known and renowned builders. Construction sites in this city are frequently adorned with signs saying ‘Property for Sale in Chandigarh.’ 

Whether you're looking for lovely villas or want a property as an investment, you can find every sort of home in a range of price ranges that are guaranteed to yield fantastic returns.

Undoubtedly, the people who live in this city appreciate living a luxurious lifestyle. There are various markets and commercial areas in the city, with Sector-17 acting as the hub of entertainment. In addition, attractions like the Rock Garden, Leisure Valley, and Sukhna Lake draw tourists from both inside and beyond the city. Other well-liked locations include malls like Elante and North County Mall.

Much like every city, Chadigarh contains a mix of developed and underdeveloped localities. Due to the exceptional society, great connectivity, and reasonable prices in several key areas, people are drawn to Chandigarh real estate. Sectors 5 to 11 are regarded as Chandigarh's most upscale neighbourhoods. These are only a few of the significant regions that make up the treasure trove of real estate in Chandigarh. Other significant localities are Panchkula, Zirakpur, VIP Road, Kharar, Dhakoli, Dera Bassi, Sector 17, Sector 26, Sector 33, Sector 48, and so on. 

Market Trend for Rent in Chandigarh

The market’s general direction in terms of rent in Chandigarh has seen constant upward growth. One can use this data given by Square Yards to calculate the time and place they should rent a property and for how long. However, it is fairly difficult to anticipate the exact time when a particular locality will hit the lowest price point. If you wish to make the most of the market considerations for renting a property in Chandigarh, then you must thoroughly study the market fluctuations and have enough knowledge about the latest pricing trends for properties available for rent in Chandigarh. 

As per the data available on Square Yards, there are over 300 properties available for rent in Chandigarh which fall in the price range of Rs 5,000 to 22 lakh per month. Some areas, like sector 5 - 11 of Chandigarh, have a comparatively very high price range for renting a property where the price starts at Rs. 12,000 and goes up to 4.5 lakhs. Whereas other locations like Khar, Dera Bassi, Zirakpur, and VIP Road have a lower price range for renting a property. The price of rent in Chandigarh in these localities starts at Rs 5,500 and goes up to Rs 50,000 per month.   

Top Localities to Rent in Chandigarh

Some of the best areas within Chandigarh to rent a home or a flat are: 

• Sector 17
• Sector 19
• Sector 22
• Sector 26
• Sector 33
• VIP Road
• Zirakpur
• Panchkula
• Derabassi 
• Patiala Road
• Kharar 

Chandigarh Property for Rent by Budget Type

There are over 394 properties for rent in Chandigarh. Within your desired budget, you will surely find a perfect place to call home for yourself and your loved ones within the available options on Square Yards.

There are about 31 1 BHKs available for rent in Chandigarh . The price for a ready-to-move 1 BHK starts from Rs. 10,000, covering a built-up area of 550 sq. ft. and goes up to Rs. 20,500 for a ready-to-move 1 BHK covering a built-up area of 765 sq. ft. 

There are more than 100 2 BHKs available for rent in Chandigarh. The price for a ready-to-move 2 BHK starts from Rs. 8,000 covering a carpet area of 700 sq. ft. and goes up to Rs. 42,000 crore for a ready-to-move 2 BHK covering a saleable area of 1,550 sq. ft. 

There are over 140 3 BHKs available for rent in Chandigarh. The price for a ready-to-move 3 BHK starts from Rs. 11,500, covering a built-up area of 1,200 sq. ft. and goes up to Rs. 1.6 lakhs for a ready-to-move 3 BHK covering a built-up area of 4,500 sq. ft. 

There are several 4 BHKs available for rent in Chandigarh. The price for a ready-to-move 4 BHK starts from Rs. 18,000, covering a built-up area of 1,950 sq. ft. and goes up to Rs. 2.5 lakhs for a ready-to-move 4 BHK covering a built-up area of 2,300 sq. ft.