Veerji Estates

CALL US: +91-9888987898

Real Estate Scenario in Chandigarh


Welcome to Chandigarh, joyfully referred as ‘The City Beautiful’. Chandigarh, the union territory of India, serves as the capital of two states i.e. the Punjab and the Haryana. The city is today known across the globe for its Architecture and Urban Planning. Recently, the city has also emerged as a prime property market for Industrial, Commercial, Residential and Agricultural property. With rapidly rising property rates, Chandigarh has emerged as the most lucrative investment destination in entire Northern India. The rapidly real estate development undertaken by government as well as the private agencies, also has given enough impetus to the promote Property Market in Chandigarh. Some of the common features that make Chandigarh most favorable Property Market are listed below.

 


Background

Post-independence, Chandigarh has emerged as the ideal candidate to be the capital of Indian State of Punjab. Chandigarh town, with its all the new town planning schemes quickly assumed prime significance, because of the city's strategic location and other facilities offered by it. In 1966, when the state of Haryana was carved out of Punjab province, Chandigarh became the bone of contention between them. As it was located on border of both the states, in order to settle the dispute of claims, it was declared as a union territory.


Climate and Topography

Located on the foothills of the 'Shivalik' range of the Himalayas in Northwest India, Chandigarh has a humid subtropical climate characterized by a seasonal rhythm i.e. unreliable rainfall, very hot summers, & mild winters.


Architecture and Urban Planning

Chandigarh is termed as the first planned city of India. The entire urban planning and architecture was designed by 'Le Corbusier' in accordance with the modern principles of urban planning. Chandigarh today boasts of efficient division of urban functions, an anthropomorphic plan form, and a hierarchy of road and pedestrian networks because of the planned form in which it has been constructed.


Education

Today, Chandigarh has emerged as the education hub for students seeking quality high education. Apart from high education, it is also known for quality school education that it offers. Every year, one can notice sizeable amount of students coming in from states like Haryana, Himachal Pradesh, J&K, Punjab, Uttaranchal, and from South-East Asia to avail the world class education that it has to offer.


Transport

The planned nature of the city makes it one of the most comfortable 'to travel in' cities of India. With wide & well-maintained roads and ample parking space, the transport in the city is well managed by concerned public and private sector authorities. Apart from private vehicles, the city also has sizable and public transportation facilities in the form of Buses, which are run by Chandigarh Transport Undertaking (CTU), an undertaking of the Chandigarh Administration and Auto Rickshaws.