New Projects In Chandigarh

The surge in end-users, including first-time home buyers, NRIs, and HNIs, records a sharp rise in demand for immovable assets. What is the reason for the growth in Chandigarh real estate? Being an epicenter of commercial activities, the city’s real estate expands to neighbouring localities.

Including Zirakpur and Mohali, there are several places to realize a fairly-priced property deal.

Why now is the best time to invest in Chandigarh Real Estate?

Inventory Vitality

Continuing the legacy of a well-planned city, architecture landscape is changing enormously. Now, vertical residences complement the city’s robust infrastructure. With increasing footfall of professionals and growing income, raise demand for quality residences. Thus, top developers of North India conceptualize urban properties here. Explore the best new projects in Chandigarh for sale to unlock your dream home.

Affordability

A tier –II city, Chandigarh, has strong economic fundamentals. Its’ positioning as a landmark in business coming in from the top Northern cities, including Shimla, Jammu, and more, propels incomes massively. Despite it, real estate values are steady here and offers big ticket sizes at cheaper rates than metro cities. Thus, now is a good time to buy property in Chandigarh. Explore the best RERA-approved new projects for sale in Chandigarh.

Disciplined Business Method

What drives growth in Chandigarh real estate? Many factors are beneath the growth momentum, like infrastructure development. The Government-initiatives and the inception of the RERA forum welcome global investors. Therefore, massive employment generation leads to demand for commercial and residential properties.

Top Reasons to buy Property in Chandigarh

Well-Structured Portfolio

The increase in IT Parks and other workplaces amplifies the demand for standard living addresses. Thus, there are abundant possibilities to find budget-friendly apartments. Explore the best ready-to-move-in projects for sale in Chandigarh to unlock the best-fit option. With the increase in buying potential, the top realtors in North India offer varied opportunities from apartments to independent homes.

Connectivity

Located at the foothills of the Aravalli, the capital city of Punjab and Haryana eliminate travel time to Delhi. The wide roads and a network of expressways eliminate vehicular mayhem to reach places like Manali and Shimla. The quick accessibility to different cities via Chandigarh International Airport, NH 5, and NH 7 is an important feature of Chandigarh.

Sustainable Lifestyle

Accessing end-users' requirements, top developers in Chandigarh offers best luxury projects for sale in Chandigarh. From state-of-the-art amenities to advanced security measures, a lot depends on the property location and budget. However, the majority of features like rainwater harvesting and solar power are part of residential properties.

Sturdy Infrastructure

Going past the thought of space and style, end users prefer residential properties in proximity to important places. Thus, several reputed developers in Chandigarh introduce residential projects with easy connectivity to schools, hospitals, and banks, to name a few.

How to Calculate Stamp Duty on Property in Chandigarh

Simply multiple property value or the locality circle rate by the present stamp duty fee to find the payable stamp duty charge.

• Stamp Duty – 6 percent of the Sale Value
• Registration Fee – 1 percent of the Sale Value

Let us understand the same with an example. Assume you purchase an apartment valuing Rs. 1 Crore. Then, you are eligible to pay Rs. 6 lakh stamp duty and Rs. 1 lakh registration fee for fulfilling the property value transaction.