Which area would be best for commercial investment in around Chandigarh, what rates feasible, expected returns

jatinder dhillon, Apartment Resident

10th June 2015

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Hi, Greater Mohali Area Development Authority Eco City Phase 1 is a planned township project spread over 412 acres in Mullanpur.The project has attracted many investors as it provides good amenities and is not far from Central Chandigarh. It is good for long term investment. Price for a 300 sq yard commercial plot here would be approximately INR 2.40crores and for a residential plot approximately INR 56 lakhs to 1 crore.

Ravi S, Chandigarh

11th June 2015

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Hi, Chandigarh witness as an industrial area that was developed in two phases: Phase I and Phase II. There are about 2950 Small Scale and 15 Large and Medium Scale Units in Chandigarh, with the majority being ancillary units, producing components for the tractor industry around Chandigarh.

Ravi S, Chandigarh

11th June 2015

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Very interesting insights. Thanks for your valuable inputs.Chandigarh has become an attractive IT/ ITeS destination in north India. To tap the city's potential the government initiated steps like the establishment of the Rajiv Gandhi Chandigarh Technology Park and an IT Park near Mohali.Metro rail connectivity is being planned in the city and its suburbs, While line 1 will connect Panchkula to Mullanpur, line 2 will connect Secretariat to Aerocity (Mohali). These routes will cross various other locations of the city and its suburbs.

Harleen K, Chandigarh

11th June 2015

Hi all, Mohali along with Chandigarh and Panchkula forms the Chandigarh Tricity and this location is good for investment in commercial as well as residential space.

Baljeet Singh, Chandigarh

11th June 2015

Hi Jatinder, Chandigarh has emerged as the cleanest city in India, based on a national government study ratings.Commercial spaces in the city follow a common format of Shop-cum-Office complexes. While
all sectors are self-sufficient, sector 17 (city centre) and sector 34 emerging as a sub-city centre are
key commercial/ retail destinations. Sector 22 is an important wholesalers market. However, sectors
8, 9, 26 and 35 also serve as important retail locations. Sector 9 is considered the main banking and
financial services hub.

Kunal,

11th June 2015

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