Prosperous, Comfortable & Cosmopolitan “Chandigarh” Best for Property

Chandigarh, India’s most flourishing and greenest city, was born of dreams at the time of one of the country’s worst fantasy. Chandigarh is a city and the union territory of India that serves as a capital of two states Punjab and Haryana. Chandigarh is a place that would like – prosperous, comfortable and cosmopolitan. As a union territory, it is controlled by the central government of India. The first planned city of post-Independent India is Chandigarh and is known for its architecture and urban design. The master planned of this region was proposed by the Swiss architect Le Corbusier, transformed from earlier projects created by the Polish architect Maciej Nowicki and the American planner Albert Mayer. Chandigarh as one of the entire cities of the world regarding architecture, cultural growth, and modernization.

From the past few years, Chandigarh Real Estate market has shown signs of growth in the sales of Residential and Commercial properties. The Real Estate market of the Chandigarh is rising at a time when the economy is overcast, and value of rupee has fallen significantly. So, with the realty market showing a rising trend, Real Estate in Chandigarh has become investment place for investors and realty players highly. Properties in the city are a highly preferred investment in the NCR portfolio and with the construction of luxury residential units, the prices of properties have surged. Moreover, with the addition of newer destinations in the NCR the appreciation of Chandigarh has increased. Among the various new destinations Neemrana, an exquisite tourist spot, attracts investors as a promising investment destination.

Likewise, being a highly favored tourist destination, Chandigarh is also known for its strong industrial base. Principal industries are established in this city that is creating employment opportunities. The excellent connectivity with Jaipur and Delhi is a major factor that makes it an auspicious investment destination. Highways and flyovers are being developed to cut short the travel time from Delhi and make traveling to the city easier. Moreover, reports say that Delhi Metro Rail Corporation (DMRC) has already submitted its detailed project report of the Chandigarh Metro Project and UT administrator which will add more value appreciation to the city and as a result, the prices of properties in Chandigarh will rise. All these factors have driven the demand for Chandigarh property. Chandigarh is indeed known to provide an excellent quality of life. Chandigarh has various visitor attractions including gardens within the city Sukhna Lake, Rock Garden, Rose Garden, Parrot Bird Sanctuary Chandigarh, and Leisure Valley makes the city pleasant. The state government is also taking significant steps to increase the development of realty market in Chandigarh. Because of such reasons properties of Chandigarh is in the spotlight.

The Government has proposed many projects. Some of them are:

• Metro Project: The work is likely to start by the year 2019. It was initiated by the Member of Parliament from Chandigarh, Kirron Kher with an estimated cost of around 10,900 crores.
• Film City: Having the connection with the film industry, Kirron Kher promised a movie city for Chandigarh.

Moreover, to meet the growth housing demand developers are coming up with residential units furnished with world-class conveniences for a luxury lifestyle. With the commercialization, the city has witnessed a sustainable rise in housing. Some of the major realty players such as Anantraj Group, Anapoorna, APTP Group and more have already made their presence and are offering competitive prices for the new-age home buyers. The developers to understand the new-age home buyers are organizing Chandigarh property expos. The objectives of the exhibition are to truncate property buyers and developers, and what home buyers can expect from today's developers. There is luxury plots, flats, villas and duplex available as Chandigarh property. Home buyers or sellers are now taking help of realty websites to find property related information.

Rahul Kumar is Content Writer and Editor at buyproperty.com. Writing on various real estate topics like Properties in Chandigarh, World Looking towards India, Enjoy the Easy and Standard Lifestyle of Bangalore. Check out my latest Articles on on https://www.buyproperty.com/articles.

Rahul Kumar has an excellent Knowledge about investment in Indian Real Estate industry. He passionate about writing about Real Estate market and investment for more details you can check out his latest articles on http://www.buyproperty.com/articles.