New Chandigarh is a great initiative of the Greater Mohali Area Development Authority in Mullanpur located in SAS Nagar, Mohali. The smart city is being developed under the extension project of Chandigarh City to accommodate more people near the City Beautiful. The site is prominent and advantageous for every investor.
You can get in touch with a trusted real estate consultant to know more about the smart city – New Chandigarh. It has become one of the major investment hubs in the real estate market. Renowned people from North India are investing in this productive land that has the potential to incur higher returns on investment in less time.
Let’s discuss some amazing facts that are responsible for making this site a hotspot for all smart investors. Your investment will be fruitful and you can expect supernatural profits from such investments. The city is developed only 14km away from the well-planned city – Chandigarh.
Factors That Make New Chandigarh A Hot Spot For Real Estate Investors
If you are searching for a real estate market that is highly productive and up in demand these days, no other site can match the investment benefits better than New Chandigarh. It took a couple of years to develop the city from its commencement. You can invest in 2bhk flats in Mohali for a competitive price. These are the major factors that make this site a hotspot real estate site for smart investors.
- Connectivity
New Chandigarh allows you to connect easily to Chandigarh, Mohali, and other cities in Punjab. It offers you wide-planned roads with all the indication markings and street lights to support night travelers. Over-bridge roads are developed to divert the traffic.
- Demand
New Chandigarh is on the rise for land and property pricing. It is in high demand due to its geographical atmosphere, connectivity, and mobility features. It is a great real estate project that can offer you better land prices, rental income, and higher returns.
- Development
The smart city is being developed, offering business centers, commercial buildings, land properties, and high-end residential properties. It also offers flats, and small plots to the economic class investors.
- Expansion Plan
New Chandigarh is an expansion plan of Chandigarh. It includes various types of properties, renowned hospitals, convent schools, private colleges, international universities, smart market zones, etc. The City offers versatile Real estate products to investors with higher returns and easy investment schemes.
- Infrastructure
New Chandigarh is projected to get its own metro rail, 6-lane wide and spacious roads that will connect you to the Shahid Bhagat Singh International Airport, Mohali, international universities, and well-known private hospitals. The city will also be developed with high-quality infrastructure, multiple supermarkets, green zones, and space for social events.
- Role Of Government
The state government is also taking the initiative to accommodate the maximum number of people around by offering various financial schemes and loan facilities through government banks to help lower-income groups have their own homes within the smart city. The government is also running awareness campaigns to encourage investors.
- Sustainability
New Chandigarh is promised to have better eco-friendly system. It will also encourage low pollution levels around the city to promote the natural environment. The city is projected to have considerable green zones around the developments. It will offer better electricity and water supply systems.
- Versatile Real Estate Investment Projects
Investors have great opportunities to invest in various real estate investment projects like; 2BHK flats, 3BHK flats, commercial land, business towers, residential homes, duplexes, and villas. With the help of the best real estate consultant, You can invest in different commercial and residential properties to get higher monthly rental income.
Conclusion
New Chandigarh is a futuristic project that will have unmatched quality amenities and features to accommodate thousands of people within the city. It will offer social security, medical arrangements, educational provisions, and basic amenities.
You can hire a professional realtor like; “Cascade BuildTech” to assist you in buying a better property by considering all the factors and requirements. You need to set a viable budget to work out a profitable deal. New Chandigarh will have more to offer to its investors with time. You can visit the site personally to have a comprehensive idea.
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F&Q
What are signs it’s time to sell a property?
Rising market prices, buyer interest, professional advice, or new developments nearby.
Should I sell before occupancy?
Yes, if prices in your area are growing rapidly, it can maximize ROI.
How do new developments affect property value?
Improved infrastructure or big projects can increase demand and property prices.
What’s a common mistake in property selling?
Selling during a market downturn or without knowing the property’s true value.
Is holding property long-term always profitable?
Not always. Selling at market peaks often provides better returns.