The prices of rental properties in Chandigarh vary depending on the location and type of property. The most expensive areas are the posh sectors, including Sector 9, Sector 10, and Sector 11, where the average monthly rent for a 2 BHK flat is around INR 30,000 to INR 50,000. Sector 8, Sector 5, and Sector 33 are also among the high-end localities with average monthly rents ranging from INR 25,000 to INR 40,000 for a 2 BHK flat.

• https://www.flatandflatmates.com/
• https://www.flatandflatmates.com/home/rental
• https://www.flatandflatmates.com/home/pghostel
• https://www.flatandflatmates.com/home/flatmates

For those looking for more affordable options, the suburbs of Chandigarh offer relatively lower rental rates. Areas like Zirakpur, Mohali, and Panchkula offer 2 BHK flats for an average monthly rent of INR 12,000 to INR 20,000. However, these areas are a bit far from the main city, and residents may face some commuting challenges.

One of the reasons for the surge in demand for rental properties is the increasing number of students and working professionals who come to Chandigarh for education and work. With the emergence of new sectors and business centers, the city has become a hub for various industries, including IT, finance, and healthcare, attracting a large number of job seekers.

In addition, the city’s pleasant weather and high standard of living make it an attractive destination for retirees and ex-pats. This has led to a rise in demand for rental properties, especially in the posh sectors of Chandigarh.

The real estate industry in Chandigarh is responding to the rising demand for rental properties by developing new projects that cater specifically to the needs of renters. These include fully furnished apartments, serviced apartments, and co-living spaces that offer shared amenities like kitchen, living room, and gym facilities.