The area is going to be developed by Punjab Urban Development Authority (PUDA) who have already delivered a world class planning and infrastructural development in Mohali and Greater Mohali.
Mullanpur also features prominently in the Proposed Chandigarh Metro Rail project connecting Panchkula to the Chandigarh railway station via Mullanpur apart from various other routes. DLF, Omaxe, Manohar Singh and company are some of the well known builders’ active in the area.
Proposed to be built as a periphery of Chandigarh with equally good planning and management, New Chandigarh can be one of the real estate success stories of Chandigarh in the next decade. The downside is that the project may be delayed due to political ramifications.
Most investors are eager to invest in Mullanpur but are adopting a wait and watch approach. Some of the well known projects in Mullanpur include DLF Hyde Park, Palm Springs and Curro North Square.
Mullanpur is one of the best investment destinations in Chandigarh in my opinion. The equation is similar to investing in Mohali a decade back or even further.
Mullanpur is indeed one of the emerging investment destinations in Chandigarh. Touted as the new Chandigarh backed by the government of Punjab, the area offers tremendous growth potential.