Estate Growth In Dera Bassi For Saturation In Nearby Metro

Dera bassi is a municipal council in the Mohali district of Punjab. The town is on the Chandigarh-Delhi National highway. The town is strategically located on the outskirts of Punjab, Haryana, and Himachal Pradesh. This town had a big fort of the Mughal emperors used as a guesthouse. Although that fort is in ruins now, the town is fast emerging to be base for IT tycoons to invest on the real estate. To reduce the infrastructural load from Chandigarh and Delhi, the town has been chosen to develop into a smart city.

Connectivity to Dera Bass

Proximity to Chandigarh and Panchkula with good connectivity is giving boost to the demand for residential property in Dera Bassi. Located nearly 20kms from Chandigarh, this small town has attracted several enterprising developers and colonizers to offer affordable residential units. The city is also adjacent to three large states of investors as mentioned earlier. This reason being the town is attracting real estate development to occupy the space to emerge as a smart city-town in north India. This town has projected to be the next bustling township on the Chandigarh-Delhi highway. A well-known district of Haryana state; the district comprises a region that holds a cradle of great civilization and culture.

Flat ranges at Dera Bassi

To buy a 2bhk residential flat in Dera Bassi, a reasonable cost would be in the range of Rs.22 lakh to Rs.27 lakh at the maximum. The town opening up many new educational institutes is attracting students from all around north India. This is attracting real estate projects. The roads and connectivity in the town are first class, as it is built on a highway. Possessing a suitable advantage of being adjacent to the trinity, investors are quickly capitalizing on the city for its uniqueness. Industrial purposes could also be solved leading to development of this land. Prices are always negotiable considering the budget of the customer here. The aim is being to progress.

Works in progres

Dera Bassi for the past few years has been seeing massive construction works. The local realtors are of the view that major real estate transactions are mainly taking place in the suburban areas of Chandigarh rather than the CBD areas. Prices too have seen appreciation of around 20-25% in the past few years. Ongoing many projects will have multiple advantageous factors in boosting the real estate investment in the sector. This area is located at a drive of 10minutes from both the airport and the railway station. A good connectivity is necessary as for construction works; raw materials need to be taken to the requisite spot.

Civics sense to note

There are some minor issues to note for dealing with real estates in Dera Bassi. For creating malls and other real estate classified works, the place’s cleanliness needs to be maintained. All work should be carried out with a view to safeguard the environment. There is no point in developing a town to a smart city-town, by polluting the environment. As Chand?garh and Himachal Pradesh, the town’s neighbors are very much environment-friendly and thus attracting investments; same should be maintained here as well. People to settle in the town would prefer greenery state as nature attracts all and brings peace and tranquility.

Gsv Naresh is a real estate blogger who blogs about India's realty market and also gives advice on buying residential projects and flats in India.For More Information about Real estate Visit CommonFloor.