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Blog Details
New Chandigarh’s Real Estate Revolution: Meet the Developers Making It Happen.
Raj Sharma
November 20, 2024
249 Views
A paradigm change is occurring in Tricity, which consists of Chandigarh, Mohali, and Panchkula. Traditionally linked to grandeur and richness, the desire for luxury residences is gradually changing to include sustainability. The best RERA developers in Punjab are adopting green construction techniques as purchasers’ have a growing desire for homes that balance luxury and environmental conscience.
High-end residential developments have long been a mainstay of the New Chandigarh real estate market. Tricity has been a popular place to buy luxury properties because of its closeness to the nation’s capital. An increasing number of high-net-worth people live there. However, there has been a noticeable change in housing construction toward sustainability in recent years. To satisfy the growing demand for sustainable development, developers now include green areas, energy-efficient technology, and eco-friendly materials in their designs.
Let’s look at the real estate developers in Chandigarh who are turning this vision into reality.
Key Developers Driving New Chandigarh’s Real Estate Growth
KS Group is a prominent Indian commercial company with a long legacy. Established in the 1980s, we have expanded our activities to many industries. These industries include:
- Real estate
- Infrastructure
- Agriculture
- Renewable energy
Using our knowledge and experience, we want to make a positive difference in people’s lives throughout India.
At KS Group, we always aim to use cutting-edge technology while upholding environmentally friendly procedures. Every one of our projects offers the best possible eco-friendly design and unmatched service.
We are dedicated to our goal of continuously surpassing expectations. We are respected as the best RERA developer in Punjab because of the unshakable faith of our customers. We value their ongoing support going forward.
Innovative Projects and Developments
Some of our projects include:
- Fio Homes: These big and airy 3 BHK residential flats provide inhabitants with the most luxury experience.
- Fio Homes II : FIO Homes II is a residential project that provides each homeowner with an unsurpassed living experience.
- Ashirwad Towers: Ashirwad Towers benefits from the city’s optimal location. It provides trouble-free accessibility to significant destinations.
- LA-MER : LA-MER offers a cohesive retail, culinary, cultural, and entertainment experience. We have created limitless prospects in the retail, banking, restaurant, gymnasium, and entertainment industries in this commercial project.
Factors Contributing to New Chandigarh’s Real Estate Success
Before entering the New Chandigarh real estate market, it is critical to understand the important aspects that make this revolution possible.
Planned City
New Chandigarh’s advantageous location is one of the main reasons why people invest in real estate there. Major cities like Delhi, Punjab, and Haryana are all close to Chandigarh. It is located on the foothills of the Shivalik range. Real estate developers in Chandigarh choose it because of its interconnectedness. This raises demand for both residential and commercial real estate.
In order to ensure self-sustainability and a variety of employment prospects, Punjab’s authorities have developed a comprehensive expansion plan that includes IT parks, healthcare facilities, and townships. Both residents and investors benefit from this robust development trajectory.
Educational Hub
Chandigarh is a center for higher education and competitive test coaching. It is also home to well-known educational establishments including PGIMER, Punjab University, and PEC. A land purchase procedure is now in progress for the projected Education City. It would occupy an area of around 1700 acres. It seeks to create New Chandigarh as the learning hub for the Greater Mohali region.
Reputable foreign colleges have expressed interest in establishing campuses in the planned Education City in the fields of:
- Computer Science and Engineering
- Tourism and Hospitality
- Hospital Management
- Multimedia
- Pharmaceuticals
- Media
- Mass Communication
Employment Opportunities
The thriving IT industry generates numerous work possibilities. Integrated townships are becoming increasingly popular. They provide a comprehensive living experience while remaining close to critical services, recreational amenities, and business spaces. Independent floors provide freedom, low-density living, and a better return on investment. New Chandigarh’s infrastructure initiatives use contemporary technology to ensure lifespan and efficiency. Mohali, Chandigarh provides several career possibilities. Hence, there is increasing demand for residential and commercial buildings.
Lifestyle and Amenities
New Chandigarh’s planning favor non-polluting businesses like IT and healthcare. The famous healthcare institutions such as Tata Memorial Centre’s cancer hospital, position the city as a focal point for regional growth and development. Chandigarh’s nickname “City Beautiful” is fitting because it has an abundance of vegetation, gorgeous fountains, and open spaces.
The city encourages a healthy lifestyle by providing delimited jogging tracks, open gyms, and gardens. They develop a connection with nature and improve citizens’ well-being. Chandigarh’s clean and educated atmosphere and world-class healthcare facilities make it an excellent retirement option. Manicured public parks and well-kept roads improve seniors’ and locals’ quality of life.
New Chandigarh’s real estate market is transforming. A growing demand for sustainable and luxurious living spaces drives it. Real estate developers in Chandigarh, like KS Group, are at the forefront of this revolution. They offer innovative projects that blend modern design with environmental consciousness. New Chandigarh’s lifestyle amenities contribute to its ongoing success as a desirable real estate destination. As the city continues to evolve, it remains a promising investment option for those seeking a high quality of life and financial returns.