“Dila de ghar Chandigarh main!” ‘Chandigarh’, a rare epitome of modernization combined with the preservation of nature, whose charm will surely surprise you with a lot of investment opportunities. This article is here to guide you about all the magic this city holds and why you should invest in a property in Chandigarh! Hence, we have mentioned certain considerable factors that could help you plan your property in Chandigarh.
Some of my personal favorite elements about Chandigarh are as follows:
Good Governance
Being a Union territory, the city enjoys an efficient administration system, a quick decision-making system and a safe place for the citizens to settle in.
Efficient Sewerage and Drainage System
The city was designed from the beginning to drain & treat waste and wastewater effectively without any blockages and problems.
Robust Public Transport
The city enjoys the comfort of an efficient public transport system with a fleet of many CTU buses, and this year have added up to a lot of electric buses. The construction of the Metro rail will further boost the economy of the city & comfort of the residents.
Green City
Chandigarh has maintained its status as a green-eco-friendly city for decades and is very particular about sustaining the same. Lesser pollution, lesser illness and healthy residents make a positive environment.
Health and Education
The city has achieved a lot in terms of successful research centres & internationally accredited public institutes like the Postgraduate Institute of Medical Education and Research & the Panjab University, which makes up for an improved standard of living for its residents.
Some General Facts About “The City Beautiful”!
- Chandigarh stands out as a unique city since it serves as the capital for two state governments, Punjab and Haryana. Moreover, it is meticulously planned and boasts excellent civic amenities and infrastructure. Moreover, Chandigarh offers a desirable living environment.
- Le Corbusier was a French Architect, he envisioned Chandigarh’s master plan as an analogy to the human body. It consists of distinct elements such as the Capitol Complex (Sector 1) representing the head, the City Centre (Sector 17) symbolizing the heart, the leisure valley and open spaces representing the lungs, cultural and educational institutions representing the intellect, and a network of roads known as the circulatory system.
- According to Corbusier, the city’s design revolves around four major functions: living, working, care of the body and spirit, and circulation. Residential sectors provide housing, while the Capitol Complex, City Centre, educational zone, and industrial area cater to work-related activities. The leisure valley, gardens, and open courtyards offer spaces for relaxation and rejuvenation. The circulation system comprises seven types of roads, known as the 7Vs, with the addition of a cyclist pathway, called V8.
- Chandigarh’s road layout is another distinctive feature, with roads classified based on their functions. The integrated system of seven roads ensures efficient traffic circulation while creating a hierarchy of movement that separates residential areas from traffic noise and pollution.
- The industrial area was included in the Master Plan for non-polluting light industries. It is located in the south-eastern part of the city, far away from educational sectors and the Capitol Complex, near the railway line.
These aspects highlight the meticulous planning and functional design that makes Chandigarh an exceptional city.
Why Buy a Property in Chandigarh?
- Chandigarh’s real estate market presents a wide range of property choices, catering to various budgets and preferences. Hence, with options ranging from luxurious to affordable, it has become an attractive investment hub for both investors and end users alike.
- Apart from being a well-planned city, Chandigarh boasts good infrastructure through the upcoming projects like the metro & advanced automated administration. Hence, this rapid growth of infrastructure has boosted the realty sector of the city.
- The rising popularity of Chandigarh is due to the rapid growth of the IT /ITEs sector and the presence of world-class educational and medical facilities. Hence, these factors have fuelled the real estate growth in the city.
- It is said that there might be a Metro station established so as to facilitate easy commuting for residents. Furthermore, New Chandigarh already boasts wider and congestion-free roads. Moreover, there are plans to further develop a comprehensive network of roads to enhance mobility and accessibility in the future.
- Whether it’s a residential property in Chandigarh or commercial property in Chandigarh, investing here is going to guarantee you handsome returns, having said, it ensures easy access to airports, malls, hospitals, schools, etc.
Investor’s Point of View
Planned City
Buying a property in Chandigarh, a well-planned city that offers a systematic layout with well-maintained infrastructure, and wide roads can be a promising deal. The city’s design and urban planning make it an attractive place to live.
Growing Economy
Chandigarh has a strong and growing economy. It serves as the capital of two states, Punjab and Haryana, and is a hub for various industries such as IT, manufacturing, pharmaceuticals, and tourism. Moreover, the city’s economic stability and growth potential make it an appealing location for property investment.
Education and Healthcare facilities
Excellent educational and healthcare facilities are available here. As, it houses prestigious educational institutions, including Panjab University and several renowned schools. Furthermore, the city also has top-notch healthcare facilities and is a regional hub for medical services. Hence, this makes Chandigarh an attractive place for families and students, leading to strong demand for properties.
Quality of Life
Chandigarh is among the top cities in India in terms of quality of life. As it offers a clean and green environment with well-maintained parks, gardens, and recreational spaces. Moreover, the city’s low crime rates, good public transportation, and access to amenities contribute to a high standard of living
Proximity to the Himalayas and other Attractions
Chandigarh’s location at the foothills of the Himalayas offers proximity to scenic landscapes and popular tourist destinations. Hence, residents can easily access hill stations like Shimla or Manali. Moreover, this proximity to the natural beauties adds to the appeal of living in Chandigarh and a promising property value.
Chandigarh and its surrounding areas attract many people due to the abundant opportunities for employment and business.
Here are some of the top places to invest in property in or around Chandigarh:
Mohali
Situated just across the border of Chandigarh, Mohali is a well-developed town with modern amenities. It offers the tranquility of a small town along with the advantages of a big city. With rapid growth and the presence of multinational corporations, Mohali holds great potential for future investment.
Sectors 2-11, Chandigarh
These sectors are located in the northeast region of the city, They are known for their older yet upscale ambience. They have a low population density, spacious bungalows, and proximity to prominent Chandigarh landmarks such as the High Court, Rock Garden, Sukhna Lake, Rose Garden, and Sector 17’s commercial area.
Aero City & IT City
Situated near Chandigarh Airport, these areas boast high-rise buildings, clean marketplaces, and easy access to a nearby National Highway. Positioned between Mohali and Zirakpur, they offer convenience to residents and attract multinational companies due to the upcoming industrial corridor.
Panchkula
Panchkula is located near Chandigarh and is a large city surrounded by other rapidly growing areas. With the potential for industrial growth, it presents promising investment opportunities for property buyers in Chandigarh.
Zirakpur
About 15 minutes away from Chandigarh, Zirakpur is a thriving town attracting a growing number of residents. It offers a small-town atmosphere with the conveniences of a city. Zirakpur offers ample job opportunities and is considered one of the best places to invest in real estate in Chandigarh.
New Chandigarh
Situated approximately 20 minutes from Chandigarh, New Chandigarh provides excellent accessibility to the city. It is an ideal residential area for those seeking easy commuting options. With good infrastructure, modern amenities, and proximity to Punjab University, Madhya Marg, and PGI. New Chandigarh is witnessing rapid growth and is a favorable location for property investment near the old city.
ALSO READ: http://www.thebestinvest.in/why-should-you-invest-in-real-estate-in-chandigarh/
Summing up, Chandigarh is a great city for all the various reasons mentioned above. Moreover, many house buyers & property enthusiasts are wanting to acquire properties in Chandigarh, making it a growing hotspot in the real estate market. Whether you’re looking to buy a piece of land or a home, there’s something for everyone. We hope you find the best property in Chandigarh!
Written by: Pal Kaur Kharal
(Disclaimer: All the statements are opinions and perspectives. Hence, the accuracy of the facts is not guaranteed)
