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Chandigarh real estate

Q: What is the condition of Chandigarh real estate market? Which is a better option commercial property or residential property? "

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real estate in chandigarh
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Replies (5)
1
Residential property is the best option for considering their demand and new projects were launched in Chandigarh.
shailesh


2
Growing number of MNC”s and commercial offices have increased the influx of working professionals adding rental value to various residential apartments. The city is also witnessing a cultural move from independent plots to high rise apartments. Both residential and commercial space offer good upside in the short to medium term and well in the long term.
Vivek Kulkarni


3
What about investment ? Is it worth for investing here..
Gurmeet


The growth corridors or Chandigarh from Mohali to greater Mohali, Panchkula, Mullanpur or New Chandigarh spreading into Dera Bassi offer value added deals for both segments. While some clusters like Zirakpur are lagging in terms of civic infrastructure, the majority of areas around Chandigarh are very well connected to all parts of the tricity.
Supratim,  
20th August 2013


4
There are very few residential projects closer to Chandigarh city center and more real estate activity is spread around the city of Chandigarh. Panchkula bordering Haryana is considered to be a niche micro market with residential plots and high rises while regions of Mohali and greater Mohali have a perfect blend of residential and commercial space.
Supratim


The new Chandigarh international airport in Mohali along with various IT parks and commercial offices have made Mohali one of the better balanced regions in terms of division of residential and commercial development.
Jackie,  
20th August 2013


Both residential and commercial real estate have micro niche markets in and around Chandigarh.
Himani,  
20th August 2013


5
Chandigarh real estate is divided into sub micro markets spread across Chandigarh and its adjoining peripheral cities of Panchkula and Mohali. Each cluster has its own set of advantages and challenges reflecting in the growing real estate development across the region.
Vivek Kulkarni


6

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