24 Jun 2013

Property in Chandigarh - Sees a Lucrative Scenario in Chandigarh Real Estate

Before Buying a Home in Chandigarh


Property in Chandigarh
The first thing you should ask straight and direct is how much the house is worth. Ask the agent to give you enough comparable by including properties of similar or lower prices that may have been sold recently. Just knowing the price range of the unsold properties is not enough. Do not keep yourself in dark about the various options other than a property under consideration.


After Chandigarh, it is becoming exceedingly difficult to find freehold land in Mohali and Panchkula. Near by areas like Zirakpur, Baltana, Dhakoli, Dera Bassi and Mani Majra are much in demand now. The prices of land here are almost half of that in Delhi and thus people are flocking to these new and upcoming areas, despite poor infrastructure and lack of maintenance. Investors are laying huge bets on these areas. They are putting their money in upcoming projects and constructions and foresee good returns in the coming times. 

Chandigarh, the city that serves the capital of two states, Punjab and Haryana is known for its beauty, tranquility and organized inhabitants. Realty sector in Chandigarh is highly demanded in both commercial as well as in residential properties.

Also, the lucrative set-up of Chandigarh Properties has attracted reputable real estate developers from all over India. The accomplished investment atmosphere of Chandigarh has promoted large-scale investments in the city-especially from the Information Technology (IT) sector. Big IT names like Dell, IBM and Satyam has made considerable funds in the city and made Property in Chandigarh a highly enviable commodity.

Seeing this continuous advancement in the commercial properties in Chandigarh, it's the suitable time for investors to empower over a commercial property in the city. Constant growth of commercial sector in the city will automatically influence large number of migrants from different cities. This will increase the demand of residential property in Chandigarh as accommodation is the primary need of the person after shifting to the new place or city.

As per the real estate market situation in Chandigarh, in the last six months there has been a fall in the residential properties. Around 15%-20% rates for small properties have gone down whereas for the larger properties like 1 kanal it has been static in Chandigarh residential properties in last one year. Both the investors and the sellers are waiting for the slouch to settle down before going into any transaction.

Seeing the money-spinning growth in the realty sector, no wonder people will end up going to several property agents for buying and renting the property in Chandigarh. Thus for those who are blindly trusting the property agents, it is advised not to do so. Instead you can perhaps register on any of the online classified site and pick the best land in terms of price, locality and amenities etc straight from the reliable dealers. Buying property online will for sure lower the scope of buying a forged property and you will to get the wide variety of options to choose from as compared to property dealers. Plus, you can also refine your search on the basis of price and the sq ft area of the land.

24 comments:

  1. very helpful information. I really like the post. At property potal you can find more Information about property in navi mumbai. Thanks

    ReplyDelete
  2. very nice information.I like the post..
    The Imperia Group presenting a fresh residential project,developed in Noida.
    Imperia Mirage

    ReplyDelete
  3. Thanks for sharing this useful information. Kindly, keep on updating us with more of such information. www.manjugroups.com

    ReplyDelete
  4. Thanks for sharing this useful information. Kindly, keep on updating us with more of such information. www.manjugroups.com

    ReplyDelete
  5. Thanks for sharing this good post. It is very informative blog.

    Gaursons Group launched a new residential project with the name of
    Gaur Yamuna City Yamuna Expressway. It is offering residential flats in the green and natural environment.

    ReplyDelete
  6. I've been watching too long time, this blog provides very interesting things of real estate. Exact information or property. I really appreciate this blog. Now, i would also like to share a new launch of Prestige Group - Prestige IVY Terraces Bangalore

    ReplyDelete
  7. My personal view is that about this city, is the best-planned city in India, with architecture which is world-renowned, and a quality of life, which is unparalleled. As the capital of the states of Punjab and Haryana, and the Union Territory of Chandigarh it is a prestigious city.DLF Hyde Park Mohali

    ReplyDelete
  8. Very good blog. Very nice. Thank you for making a wonderful blog. It’s truly the most exquisitely beautiful blog ever, ever ever...
    A residential project at Yamuna Expressway Supertech Fable Castle Greater Noida.

    ReplyDelete
  9. Hi,
    It's really nice blog.
    Victory Ace is a latest residential project at Noida Extensions.

    ReplyDelete
  10. My personal view about Chandigarh properties have been witnessing tremendous growth and this happened in spite of restrictions on the construction here.
    Alpha International City Karnal

    ReplyDelete
  11. This blog is great i love reading your posts. Keep up the great work! You know, a lot of people are hunting around for this info, you could help them greatly.
    Vanalika Noida.

    ReplyDelete
  12. Chandigarh always remain the center of attraction for the property buyers. On the other hand new builders are offering luxury and affordable real estate apartments in Chandigarh and other attached areas like Zirakpur and Panchkula. Which really affected the real estate market status of Chandigarh.

    ReplyDelete
  13. Hi,
    I am daily visit in your blog its very helpful for us.
    Victory Habitat Centre Indirapuram

    ReplyDelete
  14. I think it's cute! It looks like a perfect little and good information. Thanks.
    Gaur Studio Apartments is a new residential studio apartments available at affordable range.

    ReplyDelete
  15. Hello,
    I like your blog because your blog is very fine. Jaypee Greens Naturvue Apartments Noida is the latest residential apartment in Noida, launched by Jaypee Groups. It present 2 BHK apartment.

    ReplyDelete
  16. Exclusive offers buy/sell/rent at Dlf park place ready to move premium flats available in resale .for more info visit at - http://surajrealtorsblog.blogspot.in/2013/09/gurgaon-dlf-park-place-91-9810100059.html

    ReplyDelete
  17. You have done a great job, Very informative post for everyone.Keep sharing this type wonderful information.I really appreciate it.I have also avail information about real estate residential project.ATS Allure is the name of an upcoming housing project in Noida.

    ReplyDelete
  18. very nice and good information for Property in Chandigarh and real estate of chandigarh
    thanks for sharing. i want to share some thing for chandigarh real estate 3 bhk flats in zirakpur,2 bhk flats in zirakpur and flats in zirakpur

    ReplyDelete
  19. thanks for writing such helpful and eye opening information. it would be helpful to deal in residential apartment portal in mumbai. this article is going to help me a lot. thanks a ton for sharing. this is a great piece of knowledge.

    ReplyDelete
  20. If you want to buy a residential space at Supertech Oxford Square then please give Helios Developers a chance.

    ReplyDelete
  21. Chandigarh Citi Center Zirakpur located at VIP road, Zirakpur, Punjab is a commercial real estate project comprising of Retail Shops and Commercial Showrooms

    For more info Call us @ 9023490234 or SMS CCC to 53030

    ReplyDelete
  22. Your blog is very nice and informative. I like your idea of sharing this post with us. Thanks for sharing such an informative post with us.
    ambience creacions price list

    ReplyDelete

Please Read carefully before commenting ...

1 - Please use unique contain because all comment automatically post our Facebook Page as Real Estate Updates in India and Twitter Page: PropAhmedabad,your duplicate contain is harmful for your link Popularity.

2 - Do not use multiple LINK or URL in One Comment.

3 - Use standard writing style and punctuation.

4 - Regular sentences and basic grammar will help others understand you.

5 - Comments should not harass, abuse, or threaten anther's personal safety or property, make false statements, defame or impersonate someone else.Remember this is a public forum. Do not post personal information including phone numbers, email or mailing addresses, or credit card information belonging to you or others

Thanks For Your Commenting..