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Real Estate in Chandigarh

 

Chandigarh is a Union Territory of India and capital city of Punjab and Haryana. Chandigarh is one of the first planned cities of India which is internationally renowned for its architectural magnificence and urban planning. Chandigarh has been the base of various architectural projects of Le Corbusier, Pierre Jeanneret, Matthew Nowicki, and Albert Mayer. The city has the distinction of being the place with the highest per capita income among the Indian States and Union Territories.

Urban Planning
A well planned urban center of the region, Chandigarh has emerged as the major hub of commercial activities. The urban planning of the city is designed by Le Corbusier. The city is divided into units called sectors each representing a self-sufficient locality with space for living, working and leisure. The sectors are connected with one another by a road and path network developed along the line of the 7 Vs. The whole city has been divided into rectangular patterns, forming identical looking sectors. Such a designing of the city is supported by highly improved basic amenities. The city has facility of 24 hour water and electricity supply. The whole city is connected with local transportation system making every place of the city easily accessible.

Property Market in Chandigarh
The Property Market in Chandigarh is on the boom. There are several reputed educational institutes along with advanced healthcare centers in Chandigarh that have assisted in the industrial and commercial property in Chandigarh. The city is abundant with all kinds of properties. The investors from all over the world especially NRIs are investing in the residential and commercial property of Chandigarh. Both private and public players have worked for the development of real estate market in the city. Many residential and commercial complexes have come up in the regions of Chandigarh.