The UT Estate Office in Chandigarh has launched a groundbreaking policy for monthly e-auctions of more than 700 freehold residential plots in prime sectors. This follows a record-breaking September auction yielding ₹168.85 crore, doubling reserve prices, to enhance market liquidity and set transparent benchmarks in India's priciest real estate hub.
Buyers increasingly choose direct-owner property transactions in Chandigarh's prime sectors 21, 33, and 38, bypassing brokers for transparent, freehold deals with immediate possession.
Sobha notes rising demand in prime sectors with infrastructure growth driving exceptional rental yields and investment returns in Gurgaon's evolving market.
Gurgaon’s luxury hubs see 15-18% price hikes, reaching ₹35k/sq.ft. in Golf Course Road. Sohna Road & Sector 82 lead budget growth. Dwarka Expressway and metro corridors prime for future gains as infrastructure fuels demand.
Noida's prime sectors, including 150 and 62, see 5-7% annual price growth driven by metro connectivity, expressways, and IT hubs. Prices hit ₹7,000-12,000/sq.ft., with Jewar Airport and Film City projects spurring further growth. Rental demand surges in key corridors.