Rental prices for 2 BHK flats in Zirakpur, a rapidly growing satellite town near Chandigarh, have increased to an average of ₹20,000 per month, marking an 8% year-on-year (YoY) rise, according to recent market data. This upward trend is driven by steady in-migration of working professionals, proximity to Chandigarh International Airport, and enhanced infrastructure developments in and around the city.

Zirakpur has become a preferred residential destination for tenants working in Chandigarh, Panchkula, and Mohali, due to its comparatively affordable housing options, expanding commercial landscape, and excellent road connectivity through NH-22 and the Delhi-Chandigarh highway.

Key Drivers Behind the Rental Surge:

• Increased demand from working professionals and small families

• Rising presence of IT companies and logistics firms in the area

• Improved civic infrastructure and road networks

• Growth of retail and entertainment zones in and around VIP Road, Patiala Road, and Dhakoli

Property consultants say the rental demand is particularly strong in well-maintained gated societies offering modern amenities like security, power backup, and parks.

Expert View:

“With ongoing development and proximity to Chandigarh, Zirakpur continues to attract renters seeking value for money and accessibility. The YoY rental growth is expected to hold steady or climb further in the short term,” noted a local real estate analyst.