subject: Property in chandigarh, mohali , panchkula [print this page] Property in chandigarh, mohali , panchkula
A home of your own these days is about right decision at the right time. We often come across a classic situation when we are unable to appreciate the readily available against that which we cannot access easily. Same happens when it comes property. Those who grew up on the aspirations of owning bungalows have to settle for moderate plotted houses. Those who dreamt to own up the latter had to go for even smaller houses.
The small houses are often replaced by apartments and flat by the destiny of those who could never imagine living in those slotted floors with swarms of neighbours, who are always peering into each others' homes. Few are blessed with a fate which gets them into the kind of houses they want.
This friend of mine is a classic example of losing even the moderate in the failed hope of going for a fairly decent accommodation.
It happened in Chandigarh, the new destination of the well-heeled and upwardly mobile. And it happened just less than three years back. I took her around showing all the property options her salary could pay as she was eligible for a long-term loan. Most unwillingly and after a great pressure from my end she settled for a 60 square yard plot in one of the upcoming housing complex on the periphery of the main city centre.
She took her property as an investment whereas I insisted that she should raise little more as loan and build a moderate dwelling for herself and her ageing parents. The parents would be secure once she was married off and the house would remain hers as she was only daughter of her parents. She literally abhorred the idea of building a house on such a small plot "in the no-promising real estate hinterland of Chandigarh", was her argument. A couple of years passed by and she sold the plot as money was needed for the opulent marriage she had planned for herself.
She now tried buying a low-income flat with the remainder of money. But everything by now was out of reach. She regretted her decision. If only she had built up the so-called small plot by now it would have been a premium property. She could have raised some personal loan to have a moderate marriage and given her parents a house for their life time.
A home of your own these days is about right decision at the right time. Late comers would be left out in the cold. The real estate in Chandigarh has been following acute rush of the buyers.Properties in Chandigarh, hence are for the high-end buyer now. Leaving my friend in the cold.
