Advantages Of Chandigarh Property Market And How You Can Make Full Use Of ItAadil Saif 12 November 2020
Chandigarh Property Market is at an all-time high owing to the City Beautiful’s meticulously planned design and thwarting opportunities that the city holds for the youth. Be it fashion, education, business or service, the city offers myriad opportunities to the people living in Punjab, Haryana and Himachal Pradesh. The cosmopolitan culture of the city has lead to the development of the famous Elante Mall in Industrial Area on one hand and IT Park Manimajra on the other. If you visit the old sectors like Sector 7, 8, 20, 21 etc. you will find posh villas which are an eye to behold and on the other the newly developed sectors like Sector 46, Sector 47, Sector 48 etc have well-designed apartments. Owing to the changing preferences of the people and investment by big real estate brands in the city, investing in property in Chandigarh is a fair deal.
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What makes Chandigarh Property Market distinct?
The transition from independent villas to spacious apartments is clearly visible in the property in Chandigarh. You can see the skyline right from Zirakpur and this extends to Kharar. Panchkula and Mohali which are the neighbouring cities have also seen this sudden drift and thus Chandigarh Property Details is not just limited to the city itself but it extends a little beyond its boundaries. You can gauge the distinctiveness of Best Place to Buy Property in Chandigarh from the following points:
Price: While investing in a property, the first consideration is the price and a 2BHK in Chandigarh is available at Rs 45 lakhs, 3 BHK at Rs 1.04 crores and if you wish to buy a 4BHK or 5BHK apartment which is grandeur you will have to shell out something between Rs 2.36 crores to Rs 3.55 crores. Whatever is your budget you have a property for sale in Chandigarh!
Rental value: If you do not want to invest in the property and are looking for an accommodation on rent then you can find one in the price bracket of Rs 4000 to Rs 3 lakhs per month. While houses in Dhakoli Zirakpur, Sectors 42 and 47-D Chandigarh, Nayagaon etc will not dig a hole in your pocket, accommodation in sectors 5, 8, 9, 10, 15, 18 of Chandigarh, Sector 69 Mohali, Sector 7 and 18 Panchkula will call for some serious financial planning.
Strategic location: One of the uniqueness of Chandigarh property market is that you will find strategically located properties here. The development of a city is determined on the basis of the infrastructure offered and Chandigarh is one city where you will find the best of the roads in the best of the conditions and as far as other amenities are concerned, you just cannot find any flaw and this is one of the major reasons behind the growth of Chandigarh property market.
An upper limit on the cars: To ensure that the city has a few cars on the roads, the authorities have devised a plan which limits the number of vehicles sold per quarter, strict rules for those who own plush cars or have more than one car and 50%payment of road tax for cars which are more than Rs 10 lakhs. This will lead to a better quality of life for the people of the city and thus adds to one more feature of Chandigarh property market because if the pollution and traffic on the roads will be less, people will be interested in investing in property in Chandigarh.
Different Categories: Whether you want 1BHK flat in Rs 10 lakks or you want a palatial house worth crores, Best Residential Area in Chandigarh has different categories to cater to the needs of different customers. While areas like Dera Bassi have houses which are under Rs 10 lakhs, localities like Bhago Majra, Zirakpur-Ghazipur Road, Sector 20 Panchkula, Sector 125 Mohali have houses in the price range of Rs 25 lakhs –Rs 75 lakhs.
As a potential investor, making the right kind of investment will fetch you the maximum returns and investing in Chandigarh Property Market is like investing in the golden goose. Be smart, conduct the research and invest in the right place and at the right time!