Rising Demand For Properties In Chandigarh

Being one of the first planned cities in India, Chandigarh also has the honour of being the only union territory to serve as a capital of two indian states i.e. Punjab and Haryana. In 2010, it was also awarded the title of "the cleanest city in India", as per a study conducted by national government.

Chandigarh Real Esatate: Growth Stimulators

• Developed Road Network – The union territory of Chandigarh boasts of a well planned and developed road network. The roadways are classified into horizontal and vertical networks. Owing to this, the movement of traffic is organized and remains smooth to quite an extent. This segregation also ensures that the residential areas are well protected from pollution associated with traffic.
• Industrial Hub – The city of Chandigarh also has an industrial hub which boasts of 2950 small scale and 15 large/ medium scale units. Many of these units are related to the automotive manufacturing sector.
• IT/ITES Hub – In the past decade, the city has also become a favored destination of major IT/ITES players. The government further initiated steps like setting up of Rajiv Gandhi Chandigarh Technology Park & IT Park in order to encourage further investment.
• Proximity To Important Locations – Chandigarh is well connected to important locations like Delhi, Haryana, Himachal Pradesh and Punjab. This along with the well developed infrastructural facilities has given a boost to the demand for properties in Chandigarh.
• Proposed Metro & Airport Connectivity - The local government has announced its plans for establishing a metro line which will connect the city and its suburbs in an efficient manner. An international airport is also being planned close to Chandigarh which has further acted as a catalyst in driving up the demand for Chandigarh Real Estate.
• Abundant Educational & Medical Institutions – Some of the major educational are clustered around Sectors 10, 11, 12, 14 and 26. Sector 9 can be termed as the financial hub of the city. Some prominent hospitals include Government Medical College Hospital Sector-32, PGI hospital Sector-12 and General Hospital Sector-16.

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