Residential and Commercial Property Market in Punjab

India has many investing sectors but nowadays real estate sector become more famous. Everyone make a choice to invest in property at an affordable cost. There are lots of well-developed cities in India, but these days many big and popular projects are moving towards Punjab. There is rapid growth in property in Punjab and real estate sector includes cities like Ludhiana, Amritsar, Jalandhar, etc.

Residential Property in Chandigarh

As we all know, Chandigarh is the capital of two States Punjab & Haryana. And Chandigarh is the modern face of India in Real Estate sector. The demand for both residential and commercial increased in the city and other nearby areas. Those who invested in property in Chandigarh few years ago are reaping riches today. The property prices in posh areas are very expensive and it is offering big profit to owners. In outer areas of Chandigarh, the property is selling rapidly and is almost sold now. The property rates in these areas instead of Chandigarh are still affordable and thus, developers are making the main target invest there.

Commercial and Residential Property in Mohali

Having property in Mohali is fabulous. Mohali is part of tri cities- Chandigarh, Panchkula and Mohali. It is the 2^nd best option for buying a property after Chandigarh. Nowadays Mohali airport raises the property values in Mohali. It is one of the best places today regarding real estate which fulfills all the needs. An educational hub and commercial offices are mainly growing the demand for property in Mohali.

Residential & Commercial Property in Ludhiana

Ludhiana is an industrial city. There are lots of cycle components industries, textile industries, automobile industries and sewing tools industries. This is no hustle bustle in this city and greenery is in its surroundings. Many companies are planning to establish their offices here. Many shopping malls and complexes are constructed in different areas. Ludhiana is also known as an educational hub. Many students come from different states for their studies and live in P.G’s, take rooms on rent. And this increases the rapid growth in residential property. From both commercial and residential point of view, Ludhiana is developing the city in real estate market.

Residential Property in Amritsar

Amritsar property strikes the real estate market. Many big and famous builders are rapidly investing in Amritsar. Amritsar is famous for tourism because of Golden temple, Wagah border, Jallianwala Bagh and many more. The real estate market in Amritsar is developing rapidly both in commercial and residential. From the last few years, the rates of properties are almost doubled there.

Tips When Yous Are Buying a New-Build Residential Porperty

Many people love to be the first to live in the new property and buying a new constructed home is easier than buying an old re-sale residential property in India. If you are looking for a new build property in India and want information before buying then remember the following process:-

1.       Find out the difference between new-build property and re-sale property.

2.       Check the cost difference of a new build property and re-sale property and then find out the reason of difference.

3.       Check out the neighbors and other facilities including safety.

4.       Avoid disputed property and get approved for your home loan.

5.       Beware of Indian real estate market schemes and policies.

6.       Make sure about buyers choice over material from builder.

7.       Be sure about no hidden cost of a builder or a builder when purchasing new home

8.       Compare the room size, kitchen size and garden size with re-sale property

9.       Grab home insurance policies before buying.

10.   Also ask builder for home warranty like about construction work, material used warranty, etc. Read and understand properly.

Buyers need to find the answers of question set before buying new build property for their family.

Reasons of Rapid Growth in Sale of Residential Property in India

Finding best property in India is not an easy task. Chandigarh is the best property option in India. The main reason behind buying property in Chandigarh is that it’s a smart city having all the facilities like hospitality services, transportation, job career, door to door services. Another reason is Chandigarh is pollution free and safe city for everyone. 

 Indian real estate market is growing rapidly mainly in Chandigarh, Haryana and other metropolitan cities in India. People who dreams to have their own dream house, you will love to buy property in India because investing in property in India is worthy.

There are lots of real estate agents in India who prove their presence and contribution in real estate India. Not only agents but online property portal websites also plays an important role in real estate sector. There are many reasons like population growth, growing income, finance availability, fats infrastructure development, employment opportunity which increase the growth of buying property in India and in other metropolitan cities.

Now days, real estate India became well-organized. They started thinking about foreign investors, modern technologies, new styles, good market value, reasonable prices and so many other things. After buying a property, one can easily use it for rental services.

Property in India - Growth in Buying Residential Property in India - Real Estate India

Finding best property in India is not an easy task. Chandigarh is the best property option in India. The main reason behind buying property in Chandigarh is that it’s a smart city having all the facilities like hospitality services, transportation, job career, door to door services. Another reason is Chandigarh is pollution free and safe city for everyone. 

 Indian real estate market is growing rapidly mainly in Chandigarh, Haryana and other metropolitan cities in India. People who dreams to have their own dream house, they are requested to buy property in India because investing in property in India is safer than other countries.

There are lots of real estate agents in India who prove their presence and contribution in real estate India. Not only agents but online property portal websites also plays an important role in real estate sector. There are many reasons like population growth, growing income, finance availability, fats infrastructure development, employment opportunity which increase the growth of buying property in India and in other metropolitan cities.

Now day, real estate India became well-organized. They started thinking about foreign investors, modern technologies, new styles, good market value, reasonable prices and so many other things. After buying a property, one can easily use it for rental services.

Commercial and Residential Property in Chandigarh

Chandigarh is smart city and well organized. Everyone wants to buy property in Chandigarh, but it’s not possible for every one having a property within the city Chandigarh, especially for plebeians (ordinary man) due to high rates. So their interest changed to outside of city like Chandigarh Industrial Area, panchkula, mullanpur, kharar, derabassi, zirakpur; where builders and contractors provide them affordable property, flats, apartments within their budget. As we all know that due to multi infrastructural development these areas become well organized and well planned specially designed for residential point of view.

IT Park in Mohali

Mohali IT Park construction adds fast growth in Real Estate sector. When there was an announcement from Punjab Govt. about land allotment in IT Park, it implants a new activity and growth in Indian real estate market. Lots of investors invested their money. Big companies arrived here to establish their head offices and new one setup their business. All these factors led to increase people demand in Property in Chandigarh. Within few years these sectors become developed and well organized.

Panchkula

Panchkula is a part of tricity. It’s a better decision to buy a property, flat, apartment in Panchkula. Many of builders and contractors start their new projects in Panchkula and nearby areas. Now a day there is huge demand in Panchkula real estate. There are large numbers of newly built residential societies and commercial buildings.

Derabassi

Derabassi is a growing urban area in Chandigarh, it is very near to tricity Chandigarh and situated on the borders of Haryana and Himachal Pradesh. Derabassi become a focus for real estate developers and investors. Affordable price and large space availability not only attracts home buyers but also investors and developers to invest here.