In my point of view, owing to limited option of construction and land in Chandigarh, Property developers are mainly coming up in Panchukala, Mohali adjoining to Chandigarh, and Faridabad. Areas witnessing maximum property development are Zirakpur, Mohali and Kharar and Panchukala location.
How many kinds of real estate development are happening in the City of Chandigarh?
There is a lot of city witnessing mixed construction – residential as well as commercial. If we go past few years previous time, than we get that buying independent houses is not an easy task. Although, the growing trend of nuclear families and the families’ person offered in well group housing societies, particularly power back-up and other luxurious facilities such as swimming pool, 24 hours securities and many more with this.
Close to 75% supply is for 2BHK Flats in Mohali in sizes ranging from 1500 Sq. Ft. to 1600 Sq. Ft. but some builder also offering 4, 3, 2 and 1BHK flats in Mohali, which comprises of the remaining 25% supply. Right now, flats are selling at Rs. 4000 – 4200 per Sq. Ft. In certain projects buyers have to pay an extra Rs. 60 lakhs including all luxurious facilities charges.
Developer is also providing you Resale Property in Mohali city where you can take them for personal use and as an investment point of view. Apart from that builders and developer also provide you plotted units in sizes ranging from 160 Sq. yd. to 600 Sq. Yd. and commercial property development is primarily coming up along the VIP Road, Ambala Road and High Ground road, where you can start your carrier with great business opportunities.
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