Chandigarh, March 27, 2025 – Buying property in Chandigarh is about to become significantly more expensive as the UT administration has approved a steep hike in collector rates, effective April 1. This marks the first revision in four years, with sharp increases across residential, commercial, and industrial properties.
Major Hikes Across Sectors
The collector rate—the minimum property value for registration—has seen a fourfold increase (316%) for residential areas in villages, a 128% hike in Sectors 1-12, a 98% rise in Sectors 14-37, and an 82% increase in Sector 38 and beyond.
For industrial areas, Phases 1 and 2 will see a 32% rise, while commercial properties such as SCOs, SCFs, and bay shops on Madhya Marg and key sectors will see hikes between 6% and 19%. The collector rate for agricultural land has been raised by 2.5 times.
Impact on Real Estate Market
Realtors and traders have strongly opposed the hike, warning of a slowdown in property transactions and a boost to the real estate market in Mohali and Panchkula instead.
Kamal Gupta, president of the Property Consultants’ Association, called the move detrimental to the already sluggish real estate market.
Kamaljit Singh Panchhi, president of the Chandigarh Traders’ Association, called the hike a dictatorial decision, questioning whether government officials themselves could afford homes at these rates.
Naveen Manglani, vice-president of the Chamber of Chandigarh Industries, warned that the industrial area’s 33% increase in rates is disconnected from real market values and could reduce revenue due to fewer transactions.
Comparison with Mohali
Neighbouring Mohali had already increased collector rates for residential, commercial, and industrial properties by 26% to 50% in 2024, following an earlier hike of 42% to 76% in 2022.
The full notification can be accessed at: Chandigarh Administration Website.
