Chandigarh, ‘The Silicon Valley of North India’
has all the trappings of being a technology city Good living
standards, cosmopolitan outlook, skilled manpower and excellent
infrastructure. Industry sources predict that Chandigarh is
a potential magnet for the IT industry and the future of the
city has no limitations to progress.
||An international standard Golf Course with the state-of-the-art
facilities at SAS Nagar (Mohali), a suburb of Chandigarh
is under way to upgrade the city’s leisure, entertainment
and sports infrastructure.
||The city will have a large number of multiplexes, which
combines cinema with retail shopping, entertainment and
commercial services. Multiplex development would further
synergize real estate development in the State.
||Mohali, a part of Chandigarh is going to have super-specialty
hospitals in various disciplines by well known medical
outfits. This step has been taken with a view to facilitate
the setting up of world class healthcare facilities to
cater to health care needs of everyone.
||It is going to be one of the prominent IT, ITES and
corporate destination with the arrival of innovative IT
parks and SEZs. The Rajiv Gandhi Chandigarh Technology
Park Phase I (RGCTP-I) which houses Infosys, DLF Info,
IBM Daksh, etc. have become operational with 1000 employed
professionals in 2005 and the annual Software Export of
about Rs.1000 crores are likely to take place from CTP
in the next 3 years.
||30-acres of land have been allotted to Wipro Technologies
Ltd as the main anchor of Rajiv Gandhi Technology Park
Phase II. Wipro is expected to set up a state-of-the-art
campus at RGCTP-phase II; which would provide high-level
employment to an expected 25,000 engineers and professional
along with generating investments in the next few years.
||250-acres of land have also been sanctioned for the
RGCTP-Phase III, as a lot of Indian and international
companies have shown their interest for investing in Chandigarh,
to tap the potentially educated and skilled market of
||To meet the demand for business tourist, as a result
of the CTP, a hotel site for a Business Hotel (150 rooms)
-cum- Convention Centre (for 1200 persons) has been given
||The government of India has proposed on setting up a
biotechnology corridor in the Chandigarh which would help
in making Chandigarh and Punjab a biotechnology hub.
The ongoing development in the IT sector has brought about
an escalation in the real estate scenario of Chandigarh. Top
realtors are making a beeline to Chandigarh and the adjoining
areas and as Chandigarh boasts of affluent population, premium
apartments are also making an appearance and are steadily
gaining ground. The city is expected to have a large number
of residential complexes such as apartments, condominiums,
penthouses and villas which will make it the most sought after
destination for homebuyers.
DLF Valley Panchkula