New Chandigarh is becoming Tricity’s most talked-about real-estate corridor. Also known as Mullanpur, this modern township is planned to be a future-ready city, which offers an alternative to Chandigarh and Mohali. The high standard of living and quality of life are attracting homebuyers and investors from all across the nation.
So, if you are also planning to invest in properties in New Chandigarh, then you should go through this guide. Let’s find out the best properties in the city, get the best deals, and understand what to expect from your future investments.
Why People are Investing in New Chandigarh Real Estate
New Chandigarh falls under the planning of Greater Mohali. It was designed as an ‘Eco-City’ having education, medical, and residential townships. The city’s master plan, infrastructure developments, and proximity to Chandigarh city and the airport have drawn families and working professionals looking for a modern lifestyle without the chaos of city life. Prominent builders like Omaxe have come up with projects ensuring that homebuyers can choose from plots, apartments, villas, and independent floors.
Top Property Types Available in New Chandigarh
New Chandigarh is a planned city with multiple types of properties to invest in. Some of the top property types are as follows:
Types of properties on sale
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Residential Plots/Villa Plots
Many buyers buy plots in gated layouts to build customised homes. It can be customised into plot sizes that commonly range from 1,000 sq ft to 4,500 sq ft in major layouts.
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Apartments & Flats
From budget 1 & 2 BHKs to premium 3 & 4 BHKs, several ready and under-construction apartment complexes exist.
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Independent Houses/Villas
Pre-owned and new villas are available for possession. The area also offers gated communities and other individual homes.
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Commercial/Retail
With business hubs planned, there are commercial plots and retail units for small investors or entrepreneurs.
Advantages of Investing in Real Estate in New Chandigarh
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Strategic Location Next to Chandigarh
New Chandigarh offers the privilege of being close to Chandigarh. This proximity to the city increases rental demand and provides good connectivity, making it an ideal option for buyers who want to live near the main city.
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Master-Planned Modern City
In contrast to naturally evolved cities, New Chandigarh is a planned development. It has designated zones for residential, commercial, healthcare, education and recreational activities. Broad roads, eco-city concepts and grid patterns create a future-ready city, attracting long-term marketers.
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Rapid Appreciation & Strong ROI Potential
With steady progress and rising demand from buyers and investors, the real estate prices in New Chandigarh are appreciating gradually. With the increasing number of infrastructure and commerce hubs operating around the city, this region is said to provide the best capital appreciation and rental yields.
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Major Infrastructure Projects in Progress
The region is witnessing large-scale developments such as:
- Medi City & Education City
- Commercial zones and shopping hubs
- Improved roads connecting to the airport and Tricity
These upcoming projects significantly enhance livability and investment attractiveness.
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Participation of Reputed Developers
The projects are being developed by leading developers like Omaxe and other reliable builders. And with them comes credibility, contemporary facilities, planned neighbourhoods and long-term lifestyle value – which makes investment safer and higher returns
Top Properties for Sale in New Chandigarh
These are the current top listings going on for New Chandigarh.
| Seller | Property Type | Per Sqft Price | Area | Features |
|---|---|---|---|---|
| Omaxe Gardenia Floors RESALE | 3 BHK Flat in New Chandigarh | ₹7,310 /sqft | 2,257 sqft (210 sqm) Super Built-up Area | 3 BHK (3 Baths) Ready To Move |
| Eco City 1, Chandigarh RESALE | Residential land Plot in Eco City 1, Chandigarh | ₹15,185 /sqft | 2,700 sqft (251 sqm) Plot/Land | Ready To Move |
| GMADA and RERA Approved RESALE | 1 Bedroom Farmhouse in New Chandigarh | ₹3,880 /sqft | 43,560 sqft (4,047 sqm) Plot Area | 1 BHK (1 Bath) Ready To Move |
Practical Tips to check before buying a property
Here are SmartKey Realty’s Top Property verification tips.
- Ensure the property has a clean title and is legally owned by the seller.
- Confirm the property falls under an approved GMADA master-plan area.
- Make sure the construction has sanctioned plans and an occupancy certificate (if applicable).
- Verify RERA status, previous delivery records, and buyer reviews.
- Make sure that there are no loans, disputes, or pending legal liabilities on the property.
- Know the construction schedule, the compensation clauses, and the payment schedule.
- Ensure access to roads, water, power, septic/draindown, and basic services.
Also Read: Affordable Property in Chandigarh
Conclusion
The New Chandigarh is an appealing combination of well-managed township planning and future-focused living. If you are in search of such venues, it is a market where you can find your property. With SmartKey Realty, make smart investment choices with expert guidance. Let expert realtors take care of your real estate investments.
