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What Is The Best Real Estate Investment Option In Chandigarh?

BC Team by BC Team
January 31, 2023
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real estate investment in chandigarh
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The city of Chandigarh is really beautiful. It is well-known for being the first planned city in India and for having typical planned architecture. Due to the sizable IT industry that has been built in the city, Chandigarh has become known as a land of opportunity. Chandigarh is one of the top places to go if you’re seeking an investment opportunity.

For many years, Chandigarh has been the top choice for investors wishing to make significant financial commitments to residential and commercial projects. However, investors are seeking opportunities in places like Chandigarh due to a number of obvious considerations, like a lack of available land and population growth, among others.

Buy a House or Apartment in Chandigarh

One of the most crucial choices in life is whether to buy a new house or apartment. Here are some advantages to consider before buying a Chandigarh apartment if you are looking for property to invest in Chandigarh for a new home.

Simple Access

Having a second home in Chandigarh gives you easy access to renowned medical facilities, educational facilities, tourist sites, as well as convenient transit. One of the main factors influencing people’s decisions to buy apartments in Chandigarh is its accessibility. 

Outstanding Educational Institution

Chandigarh’s renowned schools and universities also provide top-notch education. Chandigarh offers a wide range of higher education alternatives for those interested in engineering, medical science, business, the arts, and management. Due to this, property investors now have the chance to purchase residential homes and earn a sizable rental income.

Aid financially

There are many unforeseen events in life, and you might use your secondary home as financial support when one occurs. You can sell your house and get out of debt if you find yourself in a tight spot financially. Chandigarh is well-developed and everyone considers it to be the ideal place to live; therefore, you can get a lot of money for a piece of real estate there.

Buy a Flat in Chandigarh

Chandigarh is renowned for purchasing lucrative properties due to different factors, including the airport, the aerocity, malls, cinemas, and other things. The best property to invest in Chandigarh you can make is to purchase a home or business in Chandigarh.

Top 5 Best Place to Buy Property in Chandigarh:

  • Mohali

 Mohali’s Chandigarh real estate market also boasts the ideal greenery to relax your soul. Mohali was formerly a part of the Ropar district, but the government of Captain Amrinder Singh decided to create Mohali as a separate district. The real estate market in Mohali began to expand after 2006. It is now one of Punjab’s most expensive cities. It is a paradise with the best features and amenities located in the most cherished area.

  • Zirakpur

This little satellite city, which connects Chandigarh, Mohali, and Panchkula, is located along the Chandigarh-Ambala route. It also provides easy access to the Chandigarh train station, the international airport, and the Delhi-Shimla highway. One excellent option for purchasing a home in Zirakpur is Maple Apartments.

  • Panchkula

Another Chandigarh satellite city, Panchkula, is exceptionally well-planned and will be the site of many new housing projects. Numerous tourist destinations are present here, such as the National Cactus and Succulent Botanical Garden, Gurudwara Nada Sahib, and the Pinjore Gardens. This is an excellent area to reside in because there are many restaurants, theaters, and shopping complexes there.

  • Chandigarh Aerocity

This neighborhood, which is close to the Chandigarh Airport, is filled with tall buildings, tidy marketplaces, and a future national highway. Due to its location between Mohali and Zirakpur, it provides excellent access to two other upscale neighborhoods.

  • Mullanpur

Mullanpur, often known as New Chandigarh, has carefully designed residential communities.  It was named after Garibdass, the town’s founder. It is a developing area with numerous forward-thinking initiatives planned, including non-polluting enterprises and top-tier hospitals. It is connected to Punjab University, Madhya Marg, and PGI, as well as other communities, including Zirakpur, Mohali, and Panchkula. Here, numerous sizable townships are currently sprouting up, making it a good location to purchase a home right now.

Top 5 Best Chandigarh Properties:

real estate investment in chandigarh

  • THE LAKE, Chandigarh

The Lake, a 25-acre development of extremely opulent and magnificent high-end residential flats, has gained speed. The project consists of 16 towers with a total of 1300+ units.

  • ATS Casa Espana

Sector 121 in Mohali, Chandigarh, is home to the elegantly built residential building known as ATS Casa Espana. It is a paradise with the best features and amenities located in the most cherished area.

It is a high-class development that offers spacious 3- and 4-BHK residential apartments, opulent villas, and penthouses. Being in the center of Mohali, it is convenient to many of the city’s top attractions.

  • BEACON STREET

World-class amenities are available to inhabitants of New Chandigarh’s Beacon Street under one roof. This one-of-a-kind development is situated in the heart of New Chandigarh and spans a massive 1,000-acre site. You can find whatever appeals to you, from lodging to healthcare, from instruction to amusement.

You can choose from a variety of commercial real estate alternatives at Beacon Street, including restaurants, studio apartments, shops, showrooms, SCOs, and more.

  • Motiaz Royal Citi

Nearly all other significant locations in and around Chandigarh are directly accessible from Motiaz Royal Citi thanks to its excellent location. It is one of the most prestigious addresses in the city and is close to several renowned hospitals, shopping malls, recreational places, public gardens, and other amenities for the general public.

  • Celestia Royal Premier

The most reputable name in real estate, has a residential property called Celestia Royal Premier in New Chandigarh. The project offers Chandigarh residents affordable 3 BHK apartments. Flats in the project start at 1580 square feet in size. With more than 20 amenities, the Celestia Royal Premier, its modern clubhouse, provides a tranquil setting and a restorative experience.

Read More: Lexicon MILE in collaboration with Pune Times Mirror hosted an “Entrepreneurs & Young Leaders Summit”

Conclusion

With the rise of Mohali to the west, Panchkula to the south-west, Zirakpur to the south, and New Chandigarh to the north, Chandigarh has experienced significant growth along its borders. The entire area is collectively referred to as Chandigarh Tricity. The change has made Chandigarh Tricity a popular location for real estate investment.

Tags: Real Estate Investment Option In Chandigarh
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