Chandigarh, the only capital of 02 states- Haryana & Punjab stands high on property charts. City attracts folks from across the nation to invest in property here. It ranks 2nd in terms of per capita income.
The City has wide network of gardens increasing the beauty manifold. Rates of residential real estates are touching sky in Chandigarh city & so is growth of infrastructural properties. There is an enormous rise in residential plots in Chandigarh city & its nearby regions. Developing into main IT hub, it has opened the gates for many property dealers who want to deliver the latest style of homes & flats in Zirakpur, Mohali, & Panchkula & other nearby regions. All properties are furnished with modern amenities & recreational amenities.
A well-planned city, Chandigarh has become base for the major IT firms who are seen investing in the properties here. Present scene is such that all the firms want major locations for set up. Thus perfect mix of infrastructural facilities with calmness of city has made distinct properties in the Chandigarh highly demandable.
Properties in Chandigarh city have seen hike of about 40-50 & in last some years. Below are listed some properties in Mullanpur, nearby regions of Chandigarh that has received big appreciation from folks.
Mullanpur is riding high on the minds of both the buyers & dealers. In Mullanpur top construction, firms are building societies. These have been an enormous hit among people for Chandigarh city & all over.
DLF is making mega mixed industrial park in 1200 acres.
Greater Punjab Cooperative Society is building mega housing project on the 126 acres.
Omaxe is introducing luxury township project which extends across 170 acres.
Apart from these reputed names, there are some other developers who are planning to launch projects in short while. From them, major ones are PBR Infra & Altus.
Greater Mohali Area Development Authorityis constructing urban estate covering approx 400 acres.
All projects discussed are eco-friendly in nature, keeping in mind the concept of Green rating. Plus, state government is putting efforts to bring up infrastructure of region as a whole.
Along with distinct township projects, there are several luxurious five & seven star hotels, theme parks, malls, golf courses, malls being built throughout city & in the neighbouring regions.
This upward shift & huge investments in city show that purchasers and developers are showing interest in properties of the city. Improved domestic connectivity bring real estate of Chandigarh as forerunner in domestic property sector of Chandigarh city.
People look for the good place, in fact the finest place in the city.
Chandigarh is organized city with several posh localities. City is well-organized that visitor gets astonished with design & structure, itself. There is no city as Chandigarh.
Buyers look for desired house in the posh areas of Chandigarh. City is full with the bureaucrats & politicians. It is main business-center too. Therefore, folks have money-power to purchase the finest available home for them.
The IT sector is too booming & new firms are coming to make their regional & head-office in Chandigarh city. All such factors have led to an increase in demand of the posh properties in Chandigarh city. Property is available at the exorbitant price since availability is low & demand is high. Interested folks search for the desired place in various areas to make them.
Properties in Chandigarh city are coming in a big way & new posh areas are forming to establish immigrants from other places. Posh localities are equipped with the latest amenities within reach of people residing in the place. Some are big buildings, & others are bungalows. Apartments are furnished & as per peoples' choice. That is why they are taken over by people instantly.
There are several builders who are taking care of the needs of customers & coming out with the high-rise buildings & creating posh environment with the fully developed region. People in Chandigarh city & coming from other regions get attracted to such properties immediately. Such properties in Chandigarh city are highly advertised via classified ads & local media networking. These ads are the main means of communication.
Posh localities are usually high-priced since they have all infrastructure back-up too. People like to live their life luxuriously - to maintain status & have easy life for themselves. Residential properties in Chandigarh city have schools, hospitals, local market , clubs & malls to take care of needs & all the situations.
People like to stay in these places as these places are well guarded & well protected via security personnel. Posh property in Chandigarh city are well maintained with basic amenities & good quality infrastructure.
'India's very first planned city' - Chandigarh - is witnessing a surge in demand of new property segments such as studio apartments , luxury homes & flats. Traditional residential places or sectors such as 21, 22, 24 are seeing remodeling of traditional 'kothis' into flats. People like small, cozy homes to huge bungalows & kothis.
Single professionals & new couples prefer cozy and small homes which are easy on the budget & have low maintenance price. Elaborate housing spells big infrastructure & high maintenance amount for them. New constructions are witnessing boom in demand for housing as compared to the 2-BHK/3-BHK apartment.
The demand has been fuelled by migratory population. City is no longer home of retired army people. In fact, young professionals & students from nearby regions of Haryana, Punjab, Himachal Pradesh & Delhi flock to the Chandigarh city in search of a better lifestyle & good infrastructure at low amount.
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