Property Investment in Chandigarh
Chandigarh, one of the biggest union territories of India, is one of the major upcoming industrial and commercial cities. Chandigarh is regarded as India’s first planned city, designed by French architect Le Corbusier. Chandigarh is no longer a uniformly developed city with its high number of industrial and commercial units. The city is now paving way for residential properties like luxury homes, studio apartments and individual bungalows. Some of the major construction and dealing in lands and plots is happening in the areas of Mohali, Zirakpur and Panchkula. As most of the interiors of Chandigarh are highly developed, intensive real estate development is taking place on the outskirts as well. As the main Chandigarh city is highly developed already, the real estate development is now moving away to the surrounding regions like Zirakpur, Panchkula, Mohali and Kharar.
As Chandigarh has an international airport, there is a good chance of foreign investors investing in properties here. As more and more foreign investments will flow in the country, there will be a chance of greater development in these areas. More development will automatically mean increased demand of properties. Also, these cities are well-connected by road linking up with major parts of the country.
Also, supporting the development of these areas is the well-organized infrastructure and the up - to - date basic amenities like continuous water & electricity supply, sanitary conditions, educational set up etc. All these help in making these areas an ideal place to live as well as work.
Due to the rise in demand of industrial, commercial and residential properties, the rates of the properties are also increasing. A large number of industrial units have come up thereby increasing the demand for residential properties due to which their rates will also increase. As it is difficult to invest in properties at such a crucial time, we are bent on assisting our clients in the buying and selling of industrial and commercial property in Chandigarh.