Explore For The Best And Perplexing Properties In Flourishing City Of Chandigarh

The city Chandigarh is ushering a new way to develop new segments for the luxurious homes

, individual flats and studio apartments. Certain residential sectors in Chandigarh like 21, 22, 24 are found to get remodeled from kothis to individual flats. newly constructions are happening in certain neighbouring areas of Zirakpur, Panchkula and Mohali.

The residential property in Chandigarh is seen to reach the skyline horizon. As the property market in India has become one of the fruitful business, hence due to the fast growth of residential and economic sector, the real estate Chandigarh has gained tremendous importance. The property in Chandigarh has been illustrated to become the correct marketplace in terms of investment.

Zirakpur has become a hot destination in terms of investing in the properties. In the past one year this area has seen to be an unprecedented growth in the realty sector and is still seen to be appreciating. The Gurpinder Chadha from Guru Properties stated that the real estate Chandigarh has resulted a new face by launching residential, commercial and retail sectors. These areas are maintained an average rise of 10-12 per cent in every six months from past two years.

Some of the upcoming residential properties in Chandigarh who are offering apartments from 1 BHK to 5 BHK are from Surya Towers, Aero Homes, Ansal Housing,, Savitry greens, Trishla City, Nirmal Chhaya Tower, Sushma Grande, etc. According to Vinod Kumar, a property dealer from VK Estates who says that most of these apartments have already sold out and are available with premium of over 15%.The current capital values of apartment ranging from Rs 2,500-4,000 per sq ft is very much affordable as compared to other upscale localities of Chandigarh.

Certain collected data suggests that the upcoming residential projects in Chandigarh are seen to be concentrated in the affordable segment than the premium ones. Saini stated that new projects has been launched with the price range of Rs 20-40 lakh and hence are witnessing good number of transactions. number of developers who have launched properties in Chandigarh are DLF Ltd, Ansal API, Omaxe Ltd, Pearls Infrastructure Projects Ltd Ind-Swift Land Ltd especially in the areas of Zirakhpur, Kasauli Road, Dera Bassi, Shimla Highway, Panchkula and Kharar-Landran Road.

Uppal Housing, Parsvnath Developers Ltd and Ansal API, is seen to offer property in Chandigarh within a higher price range of Rs 50-200 lakh with 3 and 4 BHK apartments having all the luxurious features located in Manimajra, Kharar-Landran Road, Panchkula, Silicon Hub and Zirakpur.

Mullanpur which is located between Chandigarh and Mohali has been seen to flourish in the realty segment. According to Balwinder Singh, Chief property consultant at Mullanpur Properties, Mullanpur is expected to emerge as a top realty destination. Hence the realty segment has been seen to take place in the full swing. The masterplan in the region of the Mullanpur is basically focussed on the state-of-the-art health and knowledge village and eco-tourism related activities. Apart from the township projects, there are also luxurious five and seven star hotels, spa, golf course ground, sport complexes, open air theatre, and theme park being planned in the vicinity.

by: Jitendra Kumar

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