Chandigarh is considered as one of the youngest cities in India. It is filled with lush greenery, modern architecture, and favourable climatic conditions. Geographically, the city lies near the foothills of the Shivalik range of the Himalayas in Northwest India and borders the states of Punjab and Haryana. The low crime rate of Chandigarh is a significant factor in praising its safety metre. “The City Beautiful” boasts of its amazing architecture, the landscape, and high urban planning that is undoubtedly a treat to the eyes.
The charm of Chandigarh
As the first planned city in India, Chandigarh has an abundance of delightful attractions for tourists and locals. Open Hand Monument, Sukhna Lake, Rock Garden, Rose Garden, Japanese Garden, Parrot Bird Sanctuary, Government Museum and Art Gallery, Garden of Fragrance, and Morni Hills are some of the highly regarded spots of the city. The gardens and picnic spots along with the clean surroundings make Chandigarh a must visit place. Mohali Cricket Stadium is another popular destination for sports enthusiasts. Regarded as a favourite venue of the cricket fans as well as a home to the IPL team Kings XI Punjab, the stadium continues to witness significant national and international cricket matches.
Property rates in the city of Chandigarh
If planning to buy a property in Chandigarh, the time is right. In terms of residential real estate, large independent houses and villas have made a popular choice among the residents of the city. On the other hand, the developers are providing equal opportunity to buy spacious apartments and plots.
As per the latest trends, buying a 2 BHK apartment in Chandigarh would cost an average price of ₹ 45* lacs. A 3 BHK apartment is seen going above ₹ 1 crore. The price range varies for different properties as per the size of the rooms and other facilities given such as balconies, home appliances, location, quality of construction, etc.
The top localities in Chandigarh in terms of infrastructure development and demand for properties include Mullanpur, Chandi Mandir, Dera Bassi, Madhya Marg, Sector 2, Sector 15, Sector 35, Sector 65, Panchkula, and Zirakpur. Sector 21, Sector 33, Sector 44, Phase 1, Phase 2, and Industrial Area are some of the ideal locations offering plots for residential purpose.
If you are secured with your budget, Chandigarh is an excellent choice to invest in your new property at the moment. The manifesto released by the government in 2019 also promises the next level of development in Chandigarh. The manifesto proposes to make the city a hub of tourism, education and IT. The plan also extends to providing free wi-fi in all markets, removing dumping grounds from certain areas and getting electricity wires underground. The governing bodies in Chandigarh work thoroughly with an aim to provide all required amenities to the residents and make sure that every individual is benefitted from the government schemes.