How about living in a city that blends all modern amenities with a touch of history? A place that presents a good quality of life and an excellent infrastructure along with a thriving economy? Look at Chandigarh, a carefully planned city, that has been ranked on a higher scale for livability and infrastructure as well, making it a strong city for anyone thinking about buying a property in Chandigarh, India.
According to a survey done by Mercer, Chandigarh was ranked 146th city on the quality of living ranking from the whole world in 2023, thus making Chandigarh rank in a good number compared to thousands and thousands of cities in the world.
If you are a family that’s seeking a good environment for living, a young professional seeking a brilliant lifestyle, or an investor seeking promising returns, Chandigarh provides something for everyone. Let’s look into these top reasons to buy property in Chandigarh and why it will be the best decision you will make when buying real estate.
Table of Contents:
- Strategic Location
- Planned Urban Development
- Quality of Life
- High ROI
- Safety and Security
- Modern Infrastructure
- Thriving Economy
- Cultural and Recreational Amenities
- Educational Institutions
- Sustainable Living
Why Chandigarh is a Real Estate Hotspot in India
The appeal of Chandigarh is diverse. Think of a city that was designed by legendary architect Le Corbusier, and has wider streets and lush green parks as well as enclosing over the area of 40% together with a well-defined layout.
This is Chandigarh, a perfect city that blends nature with modern planning in residential sectors filled with convenience, and comfort along with a high quality of life.
Top 10 Reasons to Buy Property in Chandigarh
These are the top 10 reasons to buy a property in Chandigarh:
1. Strategic Location
Chandigarh has a prime location in North India, well connected with all major cities like Amritsar(211 Km) and Delhi ( 268 Km) through excellent highways that are like NH 44 plus a growing network of trains. The up-and-coming Chandigarh International Airport will further enhance the connectivity.
2. Planned Urban Development
Unlike different cities, Chandigarh possesses a planned layout into defined sectors. This translates into wider roads and generous green spaces through over 1,000 parks plus a focus on pedestrian walkways – a refreshing change that congested urban environments. This thoughtful planning directly ensures better air quality for quality.
3. Quality of Life
As mentioned earlier, Chandigarh directly ranks in better livability services. Clean air and well-maintained parks focus on pedestrian walkways and a deeper emphasis on security that directly contributes towards a peaceful and healthy environment for all the residents.
The city has a very low pollution rate, with a PM 2.5 reading of around 63 in 2023 ( according to data from IQAir), which is lower than the average in India.
Do you know that investing in real estate in Chandigarh is a profitable deal? Read to learn more.
4. High ROI ( Return on Investment)
The real estate property in Chandigarh has observed a rising growth in some years. With the thriving economy and influx of professionals, the demand for properties keeps going high, making it a great option for investment.
A report published by PropTiger shows that prices of different properties in Chandigarh will rise by 8 to 10% in 2024, providing a great ROI for investors.
5. Safety and Security
Chandigarh is known for its lower rates of crime and a deeper sense of community. The city has a highly established police force and a continuously operated CCTV network, making this city a safe place to live.
In the year 2023, Chandigarh reported a crime rate of 24.2 % out of every 100,000 people, significantly lower than the national average crime rate.
Also Read: Smaller Cities Smarter Choice
6. Modern Infrastructure
From different well-maintained roads and a deeply integrated public transport system, that includes a metro rail network that’s under construction phase, to a strong power grid as well as high-speed internet connectivity, Chandigarh possesses a top-notch infrastructure that makes daily life smooth and much more efficient.
7. Thriving Economy
Chandigarh has developed into a healthcare, and education and transforming into an IT hub and a hub for other industries as well. This city has the major headquarters of the most prominent companies like Jubilant Bhartia Group, Godrej Consumer Products, and others.
Economic prosperity directly translates to an abundance of job opportunities and a thriving business environment, attracting job seekers and professionals across India.
8. Cultural and Recreational Amenities
Chandigarh has a very rich cultural scene with different places of cultural significance like museums such as the Government Museum and Art Gallery, Art galleries, and theatres. For those people seeking leisure, there are multiple parks and gardens, these include the famous Rock Garden of Chandigarh and a lake, called Suhana Lake, a perfect place for total unwinding along with enjoyment in nature.
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9. Educational Institutions
Chandigarh is also home to prestigious and well-regarded educational institutions like Panjab University, one of the leading universities in India, along with PGIMER Post Graduate Institute of Medical Education and Research ), a well-renowned medical institute.
Chandigarh is also a very lucrative location for families that have children and want a great start towards education. The city also has a higher literacy rate of around 97.7%, higher than the national average.
10. Sustainable Living
Chandigarh is a leader in promoting many sustainable practices. The city actively implements initiatives like waste management with a capacity of around 500 tons per day, rainwater harvesting, and green building projects as well as ensuring a healthy environment for different future generations.
The city also has water recycling facilities and uses recycled water for irrigation of gardens and parks, further reducing the environmental footprint.
These are just some reasons why buying property in Chandigarh sounds like a good decision. With a well-strategic location, well-planned infrastructure, and a genuine focus on the quality of life, Chandigarh is like a city that is truly poised for continual and gradual growth and better prosperity levels.
The population of this city will reach around 2 Million by the year 2030 ( estimated by Chandigarh UT administration), thus indicating a rising demand for housing together with steadily rising levels in property values.
Conclusion
If you’re thinking about Property in Chandigarh and searching for the best apartments in Chandigarh and want to have a higher quality of living or you want to buy property in Chandigarh for investment purposes, this is a lucrative option as the property rates are gradually increasing and help investors provide a better return on investment in future. Chandigarh has something to offer to everyone.
Ready to explore the property landscape of Chandigarh?
Omaxe Ltd. as a leading real estate company in India with more than three decades of experience has been creating dream homes and properties for families and individuals. We have a wide portfolio of both residential and commercial properties all across India. We have different properties to suit people’s needs and lifestyles. Our projects are adored for high-quality construction and on-time delivery with the focus of providing all the modern amenities and doing sustainable practices. We have diverse properties spread across prime locations in Chandigarh.
If you want to Buy Property in Chandigarh, Contact Omaxe Today and let our dedicated team of experts guide and help you in the process of buying the right property in Chandigarh that suits your needs and requirements. Together we can turn your vision into reality.
