Real Estate in Chandigarh

Real estate in Chandigarh is famous for its urban design and splendor. Now, Chandigarh is ranked as the hottest emerging city and has become a hub for developers and builders in Chandigarh and across the country. Investment in Chandigarh properties will definitely turn out to be an excellent prospect for all investors. Hot and preferred locations in the Chandigarh real estate are Mohali, Panchkula’Mullanpur’Dera Bassi and Zirkapur.these cities have attracted entrepreneurs, resulting in an ever-deepening ring of industries all around the city. Chandigarh shares the platform with Mysore and Kolkata for a large share of commercial property development in the country in the next couple of years. Chandigarh has all the ingredients for a perfect investment. A supportive government, an affluent and upwardly-mobile populace, abundant land, excellent infrastructure, a clean, non-polluting environment. Leading real estate developer Parsvnath has been awarded the Chandigarh film city project at a cost of Rs. 191 crore.

After Chandigarh, it is becoming exceedingly difficult to find freehold land in Mohali and Panchkula. Near by areas like Zirakpur, Baltana, Dhakoli, Dera Bassi and Mani Majra are much in demand now. The prices of land here are almost half of that in Delhi and thus people are flocking to these new and upcoming areas, despite poor infrastructure and lack of maintenance. Investors are laying huge bets on these areas. They are putting their money in upcoming projects and constructions and foresee good returns in the coming times.

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