Property prices in Chandigarh have nearly doubled over the past five years, according to real estate experts. Houses on plots in northern sectors have seen a significant price increase, crossing the pre-Covid price levels.
This surge in prices has further strengthened City beautiful’s status as a prime destination for property investment in the northern region.
According to realty experts, prior to 2020, a one-kanal house in Sector 10 could fetch around Rs 8 crore — a figure that has since jumped to Rs 15-16 crore.
Although property values plummeted during the pandemic in 2020, the market saw a rebound by 2022, and soon enough prices were back to the pre-pandemic levels.
Since 2022-23, property prices have been on a steady upward trend in the city.
TNS
In 5 years property prices double in Chandigarh added by Muslim Kashmir on
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