Stroked by the scale of development and growing scope, smaller cities are now considered developing properties in strong real estate base. Chandigarh is among such cities of tomorrow that are soon to be embraced by the property boom. Contrary to this, metros are believed to be getting saturated and clasping under creaky infrastructure.

Ongoing real estate trends in Chandigarh are spurred by unprecedented demand in residential, retail, and commercial property. Dozens of property deals are clinched everyday in the city. The demand for Chandigarh properties is primarily investment driven. Amidst this heady scenario, the city is poised to blossom as the most lucrative investment destination.

On assessing Chandigarh on the basis of property market, workforce, infrastructure facilities, and business environment, the city certainly leads and sets example for its sister cities. The major real estate investments are taking place on Chandigarh’s outskirts, in areas like Panchkula, Mohali, Zirakpur, and Dera Bassi. Good connectivity, low operational costs, and large availability of land are some of the factors fuelling Chandigarh’s growth.

In addition to residential and commercial property market, retail sector in Chandigarh is also making rapid strides. Whether it is about residential complex, institutional areas, shopping malls, multiplexes or townships, the city has everything to offer the investors in terms of productive real estate.

Close by heels of Chandigarh is Nagpur, another upcoming boomtown. The ‘Orange City’ has been witnessing the growth in both commercial as well as residential construction. Another factor attracting property investments in Nagpur is large manpower gradually shifting base here following the plethora of job prospects.