Chandigarh achieved its highest-ever property registration in July with a 30.3-kanal industrial plot selling for ₹200.32 crore. According to The Tribune, this industrial property in Industrial Area, Phase I, established a new benchmark for property transactions in the city. The residential segment also witnessed a record transaction during the first half of FY 2026-27, with a four-kanal house in Sector 9-B being registered for ₹100 crore. These high-value transactions have boosted the UT Administration's revenue significantly, with the ₹100-crore Sector 9-B residential deal alone generating approximately ₹7 crore for the UT Administration in a single transaction.
The rise in residential property values is most apparent in Sector 9, one of Chandigarh's premium residential localities. As reported by The Tribune, a house spread across 5.27 kanals in Sector 9-C was registered for ₹65 crore in March 2024. The upward trend continued with a 7.02-kanal house in Sector 9-A fetching ₹126 crore in August 2025 and a 4.94-kanal property in the same sector registered for ₹108.5 crore in December 2025. The latest development shows House No. 132 in Sector 9-B (4.11 kanals) was registered at ₹100 crore in May 2026. The average value per kanal in Sector 9 climbed from about ₹12.3 crore in early 2024 to nearly ₹24.3 crore by mid-2026, representing an almost twofold increase in roughly 30 months.
The increase in property valuations has been particularly pronounced in the commercial category. According to The Tribune, Chandigarh's most expensive commercial registration in FY 2023-24 was a 1.26-kanal shop-cum-office (SCO) in Sector 7-C, valued at ₹28.80 crore. The commercial segment shows a steeper climb, with a showroom of similar size in the same sector sold for ₹30 crore in FY 2024-25. In FY 2025-26, a commercial unit in Industrial Area, Phase I, fetched ₹125.44 crore. This year, the same industrial area has produced Chandigarh's costliest-ever deal of any kind — Plot No. 3 covering 30.3 kanals registered for ₹200.32 crore. At the prevailing rate of 6 per cent stamp duty and 1 per cent registration fee, the ₹200.32-crore industrial property deal would have attracted duty and fees running into double-digit crores.
Agricultural properties in Chandigarh's revenue villages have also recorded an increase in transaction values. As reported by The Tribune, the highest-priced deal in FY 2025-26 involved 27.5 kanals of land in Behlana village, which was registered for ₹15.25 crore. In the first half of FY 2026-27, a 27-kanal parcel in Behlana fetched ₹16.75 crore, surpassing the previous financial year's highest-value agricultural registration. The upward trajectory in agricultural land values mirrors the trend seen across all property segments in the city.
Despite a substantial reduction in the number of registered property documents, the Administration has continued to record higher stamp duty revenue. According to The Tribune, the Estate Office registered 12,040 documents in FY 2023-24, whereas the corresponding figure for the first two quarters of FY 2026-27 was 4,878. Stamp duty collections have shown remarkable growth, rising from ₹247.02 crore in FY 2023-24 to ₹276.96 crore in FY 2024-25, and surging to a record ₹348.23 crore in FY 2025-26. In H1 FY 2026-27 alone, stamp duty has already touched ₹141.23 crore. Speaking to The Tribune, Punjab Governor-cum-UT Administrator Gulab Chand Kataria stated that investors across India choose Chandigarh because it offers planned infrastructure, transparent governance and unmatched quality of life, while Deputy Commissioner-cum-Estate Officer Nishant Kumar Yadav emphasized that every transaction is processed with full integrity, efficiency and accountability.
