Once the civic infrastructural development work is finished, the area is going to witness a massive upside in real estate prices and hence it is more lucrative as an investment destination today. Greater Mohali is another are worth considering which has a tremendous potential.
Yes it is indeed quite heartening to know that NRI’s are now looking to seriously invest in their home country rather than look for lucrative options overseas.
The above member has almost nailed it with a perfect answer but I may add that even though Zirakpur has low grade civic infrastructure it is bound to improve with time as more and more people migrate to the city.
Good to know that you are interested in investing back in your home country. There are a lot of real estate options in and around Chandigarh. The tricity of Chandigarh comprising of Zirakpur, Panchkula and Mohali all offer good residential and commercial real estate choices depending on your investment module.
Some of the well known builders active in Chandigarh area include Unitech, Emaar MGF, IREO, Ansals , DLF, Pearl Infrastructure and Development and Manohar Singh and company. Zirakpur and Dera Bassi are slightly unorganized as compared to Mohali and Panchkula which offer good civic infrastructure and very good connectivity across north India.
Hi Balwinder,
You can invest in tier-2 cities for good return like Jaipur, Agra, Gaziabad and many more but in recent Jaipur is on top from last 2 year as per return in several surveys and in reality also.