All citiesChandigarh · Tier 2 · 8 micro-markets · reckoner: Chandigarh Administration — Collector Rates

Chandigarh Tricity rates, per sq ft carpet.

city avg 12-month change ▲ 5.8%· market runs +25.7% over reckoner
pop. 1.3 mn (2026e, 1 mn in 2011) · rented 40% / owned 60%
19k
16k
9.3k
8.2k
6.8k
5.6k
5.2k
4.2k

Pin = market rate, ₹/sq ft carpet. Click a pin to load it into the land-cost calculator.

Micro-marketMarket ₹/sq ftReckonerPremiumRent ₹/sq ft/moYield · typical
Sectors 8–11
Central business district
₹19,440₹13,730+41.6% (+1.6% vs city line)₹38.92.4%
2 BHK ₹37,000/mo
Sectors 35–46
Prime residential
₹15,640₹11,660+34.1% (-2.5% vs city line)₹35.22.7%
2 BHK ₹33,400/mo
Panchkula
Prime residential
₹9,310₹6,920+34.5% (+4.3% vs city line)₹20.92.69%
2 BHK ₹19,900/mo
Mohali – Sectors 70–80
Established mid-market
₹8,190₹6,560+24.8% (-2.3% vs city line)₹21.23.11%
2 BHK ₹20,100/mo
Aerocity – IT City Mohali
Growth suburb
₹6,750₹5,660+19.3% (-4% vs city line)₹19.13.4%
2 BHK ₹18,100/mo
Zirakpur
Growth suburb
₹5,560₹4,660+19.3% (+0.5% vs city line)₹15.83.41%
2 BHK ₹15,000/mo
New Chandigarh – Mullanpur
Peripheral / emerging
₹5,220₹4,490+16.3% (-1.1% vs city line)₹16.13.7%
2 BHK ₹15,300/mo
Kharar – Landran
Peripheral / emerging
₹4,200₹3,630+15.7% (+5.3% vs city line)₹133.71%
2 BHK ₹12,400/mo

Land cost calculator — acquisition, stamp duty & TDR

Type a plot size; we apply the micro-market land rate, the state's stamp-duty rule (charged on the higher of market and reckoner value) and the local TDR pricing convention.

Acquisition (market)

₹20.73 cr

₹4,760/sq ft × 43,560 sq ft

Stamp duty + registration

₹1.24 cr

5% + 1% on ₹20.73 cr

Total outlay

₹21.98 cr

₹2,523 per buildable sq ft @ FSI 2

Reckoner value of plot₹3,960/sq ft₹17.25 cr
Market premium over reckoner₹3.48 cr
Buildable area87,120 sq ft
TDRno formal TDR market

Chandigarh: 5% stamp + 1% registration (Chandigarh UT collector rates). Indicative — confirm with the sub-registrar's current schedule.

Vidura market brief

Chandigarh Tricity's residential market continues to trade well above Chandigarh Administration's Collector Rates across every micro-market, with premiums ranging from 15.7% to 41.6%, reflecting a mature, supply-constrained core alongside expanding peripheral corridors. Sectors 8–11 command the steepest premium at 41.6% (₹19,440 vs ₹13,730/sq ft), followed by Sectors 35–46 at 34.1% and Panchkula at 34.5%, underscoring the scarcity value of Chandigarh's original planned sectors and their limited land-acquisition headroom. This wide gap between market and reckoner rates in the core has direct implications for PPP land pooling and asset monetisation: acquisition costs benchmarked to circle rates will understate actual market value, complicating negotiations and compensation frameworks. Peripheral zones—Zirakpur, New Chandigarh, Kharar-Landran—show comparatively moderate premiums (15–19%), suggesting better alignment between government valuations and market pricing, making them more viable for greenfield infrastructure and affordable housing PPPs. With YoY appreciation trending near 5.5%, reckoner rate revisions across the Tricity appear overdue, and investors should factor potential upward recalibration into medium-term project feasibility models.

Generated 2026-09-06 from the engine's current numbers and recent headlines · refreshed weekly

5-year trend — city average, residential

Lime = engine's city average sale · sky = rent ₹/sq ft/month · dashed blue = YoY % · amber dots = credible prints (CRE Matrix / PropEquity / Knight Frank / IGR headlines, team deals) — 0 so far · 5Y sale +16.4% · rent +16%

  • print
  • rent
  • value
  • yoy
2021-102022-032022-072022-112023-032023-072023-112024-032024-072024-112025-042025-082025-122026-052026-098k8k9k9k9k-4%0%4%8%12%

Reckoner ↔ market correlation

market ≈ −₹1,457 + 1.5 × reckoner · R² 0.997 · n = 8 micro-markets

3k6k9k12k15k4k8k12k16k20k

Points above the line are micro-markets where the market has run further ahead of the government rate — expect higher land-acquisition cost and stamp-duty arbitrage; points below signal reckoner catch-up risk.

Indicative desk estimates calibrated to government reckoner/circle rates and public signals; not a valuation. Refined daily and by team corrections. Reckoner source: Chandigarh Administration — Collector Rates. Unit: ₹ per sq ft carpet (land: ₹ per sq ft of plot).

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