Prominent Neighborhoods in Tricity for Investment

When we talk about Punjab, Chandigarh Tricity is the first place that comes in our mind. The real estate sector of Chandigarh Tricity has witnessed unprecedented growth over the past few years. Mohali, Chandigarh, and Panchkula makes Tricity and are the fastest growing cities of northern India.

With a stable climate, social and core infrastructure availability, and flourishing commercial interests, neighborhoods in Tricity have all the components required to give the growth of real estate projects a significant boost. Due to factors such as urbanization and government initiatives such as Smart Cities Mission and Housing for All By 2022, the real estate sector is booming in this area.

These cities and their neighborhood are what makes it everyone’s dream location whether it’s a real estate developer or a layman wishing to buy a property here.

MOHALI:

Mohali is one of the emerging cities in the country due to its high living standard ratio, superior connectivity, an influx of IT companies, and adequate opportunities for commercial investment. Today, Mohali is a busy commercial destination and plans are underway to further develop it through the efforts of the Greater Mohali Area Development Authority (GMADA) and the state government.

The location of Mohali has attracted many developers and investors to bring their money into this market. The big highlights are adequate land parcels and improved infrastructure. It is in an advantageous role in terms of ease and proximity to key locations.

Accessibility is simple via a 200-ft ring road and rail link to Chandigarh and the nearby cities of Ambala and Delhi. In addition, the presence of a new international airport makes Mohali a viable investment choice. In addition, it also provides other essential social facilities such as the best-in-class hospitals (Fortis, Max, etc), best educational institutions, and a number of shopping malls, convenience stores, and retail shops.

Some of the best residential projects of Punjab are also in Mohali namely SBP City of Dreams, SBP Gardenia, Elite Homes, Nature City, etc. These are the premium housing project in the whole of neighborhoods in Tricity offering top-notch amenities with a safe neighborhood which is very important considering the outbreak of coronavirus in the whole world.

ZIRAKPUR:

We know that a good neighborhood is the one that provides good connectivity, is safe, and can be easily accessible to our daily needs. The attractiveness factor can also be attributed to Zirakpur, which now has excellent linkages with the new International Airport and Airport Route. Subsidies under Pradhan Mantri Awas Yojna (PMAY) and restored confidence because of RERA also played a major role in boosting the development of this area.

The location is also very environment friendly, away from city pollution and surrounded by greenery. You can find residential projects which provide wide areas, parks, and walking tracks to help you with a healthy lifestyle.

The region is also witnessing the expansion of internal roads that will connect new developments with the main city and Chandigarh International Airport. The speed of growth in this new area adds value to this area, making it more lucrative for buyers and investors. Tricity and Zirakpur are on a-path of planned development being in close proximity to the international airport which will fuel growth in and around the neighborhoods in Tricity.

Having a property at such a dynamic location will enhance your property value in the future. You can invest with SBP Gateway of Dreams and SBP Housing Park to get value for money property at pocket friendly prices.

DERABASSI:

Many citizens, looking to buy property to settle down, consider Derabassi a worthwhile option. Genuinely priced homes and a wide range of projects make it an even more promising venue. Derabassi is located just 19 kilometers away from Chandigarh and offers advantageous location amenities that let people have a comfortable lifestyle as well as a lifestyle.

The strategic position, close to Chandigarh and Panchkula, is one of the key reasons behind Derabassi being a promising residential and commercial hub. North India is experiencing a big turmoil in the inflow of homebuyers and investment, due to the increased proportion of the population employed professionally searching for affordable housing options to settle.

Tilted towards a modern lifestyle. This is a big trend that affects the life of the city. The luxurious residence has become a desire for everyone. The real estate sector is expected to build townships fitted with state-of-the-art amenities to improve the comfort of residents. At the same time, many of the policy reforms implemented by the government have provided the sector with much-needed impetus, enabling developers to come up with world-class projects.

All these neighborhoods in Tricity are very safe and provide an enjoyable living experience. With the covid-19 situation and government efforts to boost the economy, you can easily get premium apartments in these locations at very affordable prices.

The rate of interest is at an all-time low (below 7% as per the latest information) you can easily pay back home loans. Even though the demand for ready to move property is on the rise, it will not be difficult for potentials customers to get a good deal. The market right now is in favor of buyers and you should not miss this chance of owning a property.

A serenely beautiful place away from the bedlam of everyday life is what people want to have in their homes. As pollution rises daily in metros, places untouched by such factors have become the most sought-after destinations for living. As the country is unlocking you should grab this chance and should invest in a spacious property with a good neighborhood.

For any more information regarding our projects or real estate, you can connect with us at any time or visit our website.