Chandigarh Tricity, comprising Chandigarh, Mohali, and Panchkula, is a planned city with green parks, good infrastructure, and a separation of residential and commercial areas. It has become an attractive place for both residential and commercial property investment due to its modern amenities and proximity between regions, with Panchkula in particular seeing a boom in residential property sales. Reasons it is a good investment option include that it is a planned city with good connectivity, offers a lifestyle with parks and safety, is seeing new development near the airport road and in New Chandigarh, and developers are building new townships that will fuel growth.
1. 6 Reasons To Own Property In Chandigarh Tricity
From recreational walks in lush green parks to shopping in the best malls of North India,
Chandigarh Tricity has all the perks of a planned city, including a distinction between
the market and residential areas. Tricity comprises Chandigarh, Mohali, and Panchkula.
With the proximity and seamless connectivity, different regions have to offer modern
amenities, making Tricity a lucrative place to set up a property for commercial and
residential purposes. If you are planning to invest in residential or commercial property,
Panchukula serves all the purposes.
In the past few years, Panchkula has become a hotspot of investment by business
houses and IT firms. There is a recent boom in sales of residential properties mainly
bought by incoming IT professionals.
Here are 6 reasons that make Chandigarh Tricity a good investment option:
1. Planned City:
Chandigarh is a planned development with good roads, and seamless connectivity to
state capitals. Despite being the hub of employment for various professionals, it also
has options for opulence. Well-known plush sectors include Sectors 5, 8, 9, 10, 18, 36,
and 69 are here to offer you an effortless living.
2. Community Lifestyle:
The Tricity with its landscaped public parks and gardens, excellent connectivity, well-
maintained roads, and vigilant police force, makes it an ideal place to retire and enjoy a
therapeutic life.
3. New Age development
New technology will be used to develop nearby developments, such as roads and other
social infrastructure. The New Chandigarh region is poised to become Punjab's most
desirable location. Its proximity to the central city and the multitude of opportunities
offers immense job opportunities, which will in turn drive home demand.
4. Profitable Properties:
Investments near the airport road have a high monetary value, which attracts investors
from all neighboring states.
2. 5. Self-sustainable city
Residents in this area are benefitting from a full-fledged growth plan devised by
the authorities and industry players. A sphere of robust development is about to
be created to fuel the growth of the inhabitants here. Townships by several
builders including Trident Realty promises residents a new-age lifestyle.
6. Trident Hills initiative
Trident Realty has done a tremendous job springing up the Trident Hills projects
in Mohali spread over 200 acres. There is a high demand for these projects from
both homebuyers and investors.