Chandigarh: Property transactions in Chandigarh are set to become costlier from April 1 after the UT Administration proposed a steep increase of up to 33 per cent in collector rates, issuing a draft schedule that revises property values across residential, commercial and industrial categories in the city.
The Estate Office has released the draft collector rates and invited suggestions and objections from residents and stakeholders till March 20, after which the administration will finalise the revised schedule. Once notified, the new rates will come into effect from April 1, 2026. Collector rates represent the minimum government-notified value at which a property can be registered, and they form the basis for calculating stamp duty and other charges during property transactions. Any increase in these rates directly raises the cost of buying and selling property.
Under the draft proposal, the highest residential collector rate has been proposed for Sectors 1 to 12 at Rs 2,37,900 per square yard, up from Rs 1,78,600 per square yard in 2025, reflecting an increase of 33.19 per cent. For Sectors 14 to 37, the proposed rate has been pegged at Rs 1,81,300 per square yard, while Sectors 38 and beyond will have a collector rate of Rs 1,33,200 per square yard under the revised schedule.
The administration has also proposed a collector rate of Rs 1,53,900 per square yard for independent dwelling units (IDUs) across the city. For Chandigarh Housing Board flats, collector rates have been proposed based on floor levels, with Rs 11,000 per sq ft for the ground floor, Rs 9,000 per sq ft for the first floor, Rs 8,000 per sq ft for the second floor, and Rs 7,200 per sq ft for the third floor and above.
Industrial houses will also have floor-wise rates under the draft schedule. The ground floor has been proposed at Rs 9,300 per sq ft, the first floor at Rs 7,400 per sq ft, and the second floor at Rs 5,700 per sq ft.
In the industrial category, the collector rate for Industrial Area Phase I and II has been proposed at Rs 86,000 per square yard, marginally higher than the earlier Rs 83,100 per square yard, while Industrial Area Phase III will remain unchanged at Rs 62,600 per square yard.
The draft also proposes revised rates for several commercial areas and markets across the city. The collector rate for Coal Depot, Chakki Sites, Iron Market, Timber Market and the Transport Area has been proposed at Rs 97,300 per square yard.
Among sector markets, the collector rate for booths in Sectors 8, 15, 19, 22, 34, 35 and 17 (excluding 17-A and 17-B) has been proposed at Rs 5,92,200 per square yard, while booths in several other sectors will have a collector rate of Rs 4,47,100 per square yard. Booths in the remaining sectors have been proposed at Rs 3,27,400 per square yard.
For SCO and SCF sites, the collector rate in Sector 17, the city’s prime commercial hub, has been proposed at Rs 5,92,200 per square yard, while markets along Madhya Marg, Sub City Centre Sector 34 and Sectors 22 and 35 have been pegged at Rs 4,47,500 per square yard.
The draft schedule also specifies that corner residential plots will attract an additional charge of 5 per cent. In cases where residential properties are converted for institutional purposes such as nursing homes or hospitals, an additional 25 per cent charge will apply, which increases to 31.25 per cent for corner plots converted for such uses.
Once finalised after considering public feedback, the revised collector rates will determine the minimum property values for registration and stamp duty calculations across Chandigarh from April 1, likely pushing up the cost of property transactions across the city.
