How to buy a flat in Chandigarh, If you are here it means you are planning to buy a property in Chandigarh. Chandigarh is a union territory and capital of two states Haryana and Punjab. The city’s beautiful Chandigarh has been a hotspot for many years to invest in major commercial and residential properties in India. This city of India is designed by Swiss-French architect Le Corbusier in 1950.
Yes, is the right place and time to invest in a property in Chandigarh as some major leading developers are making an into this emerging real estate market. Large independent villas, duplex villas, and flats are the most preferred types of properties to buy in Chandigarh.
How to (Buy A flat in Chandigarh)
Some reputed real estate developers are going to make their way into the city with spacious apartments or flats that must grab the attention of the homebuyers.
Top localities To Buy flat in Tri-City Chandigarh
There are some top residential localities of Chandigarh are Zirakpur, Panchkula, Dera Bassi, Mullanpur, Madhya Marg, Sector 2, Sector 5 and Sector 35.
Here are the details of the localities;
Aerocity: Area near the Chandigarh airport is known as Aerocity. This place is on the national highway with high-rise buildings, neat and clean markets.
Zirakpur: Zirakpur is a city in Chandigarh, located at Chandigarh-Ambala Highway. It is a small hub that connects Chandigarh- Mohali-Panchkula. It is the growing small city in Chandigarh that offers you several properties including commercial space, flats, villas and plots.
Call Us at +91-9780664653, For A Free Site Visit To Your Dream Home
Kharar: Kharar maybe not the best place to invest in properties but it has some major projects such as Sunny Enclave and Gulmohar City, etc.
Mohali: Mohali is just located next to Chandigarh with good connectivity to the city. Mohali is capable to offers you ample types of properties including villas, plots, apartments, or flats.
New Chandigarh: New Chandigarh is located just ahead of the Chandigarh main city near Mullanpur. New Chandigarh is the place that attracts all homebuyers from all over the country.
You must check these places out before buying a flat in Chandigarh.
Call Us at +91-9877777660, For A Free Site Visit To Your Dream Home Near Chandigarh
Types of Properties Available in Chandigarh
If you are planning to buy a 1 BHK flat, that starts at Rs 10 lakh in areas like Dera Bassi, and if you planning to buy a property ranging in between Rs 27 lakh to Rs 75 lakh then you can look at properties in the localities such as Zirakpur, Dera Bassi, Zirakpur-Ghaziabad Road, Panchkula Sector 20, Mohali Sector 125, Sector 23, Sector 61, Bhago Majra Road Kharar and Dhakoli Zirakpur. There are also plots and commercial space available at the major locations in the city of Chandigarh.
Online Registration to Property In Chandigarh
NGDRS (National Generic Document Registration System) a cloud-based registration system has been launched in places like Adampur and Moga. This online portal allows the citizens to enter data related to the registration and to upload their documents. Amritsar, Ludhiana, Jalandhar, Patiala, and SAS Nagar, and other areas can also be eased by this process of land demarcation.
Have a look at Best, Luxury Flats In Mohali
Financial Planning before buying a flat in Chandigarh.
Financial planning is the first step to make a dream home a reality. It is the major thing to review your current financial situation like other loans and insurance amount, etc. This review will help to provide a true picture of your income. Your monthly or annual budget will be a vital factor of the EMI that you can pay off and what your expenses are. Hidden charges like registration, maintenance and stamp duty, etc are also some major points to review when finalizing your loan amount and budget.
After deciding the loan amount, then you have to how much you would be able to put as a down payment. Generally, the down payment to buy a property is ranging between 15% to 20% of the property value. You can also choose to take the loan with zero down payment, but this may increase your monthly amount of EMIs.
How easy to buy flats in Chandigarh?
It is absolutely easy to buy a flat or any property in Chandigarh. As Chandigarh is a famous and big city in India so the flats and other properties like plots, commercial space, etc. are easily available in the city because it is a developing city. There are many online websites available on google, from where you can search the flats that fit your demand, and there are many agents and brokers who are also there to help you in the hunt for your flat and other property.
But you can only buy a flat in Chandigarh if you have an ample budget.
Why should buy a house or apartment in Chandigarh?
Chandigarh is one of the best cities to live in in India, this place is beautiful and calm. Chandigarh is a well-planned city with planned sectors, parks, etc. It is not like other major cities of the countries which have lots of noise and air pollution, Chandigarh is a city with greenery and trees. Opportunities related to real estate are also very high in the city of Chandigarh but finding a good property in Chandigarh can be quite tricky. The chances to discover a good and affordable property usually lie in the outskirts of the city. You would be able to find the best properties on the outskirts of the city rather than inside the city. Overall Chandigarh is the place worth invest in the property and living a luxurious life.
Do, Checkout 9 THINGS YOU MUST KNOW (BEFORE BUYING A FLAT IN CHANDIGARH)
How to find a good property in Chandigarh?
Chandigarh is one of the cities of India which is growing faster day by day. But it is quite difficult to find flats in Chandigarh on a low budget. There is a number of options to buy a flat in the places that are nearby the city of Chandigarh at low and affordable prices.
Zirakpur, Mohali, and Panchkula are some of the places that are near Chandigarh and offer you a number of options for the properties to invest in. These places are also having good residential localities with schools, colleges, and hospitals, etc.
Here is a list of some famous real estate projects in Chandigarh;
GBP Tech Town; GBP Tech Town is one of the most famous real estate projects in Mohali, Chandigarh. It offers you plots and flats in International Airport Road Mohali. It is at a distance from the airport that can be covered in 5 minutes.
Metrotown; Metrotown Peer Muchalla is the real state project surrounded by acres of greenery. It is just a 10 minutes drive from the International Airport Mohali. This location is best in the Tricity because it is just a few minutes away from Chandigarh city and Panchkula. Metrotown is located with easy access to sector 21 and sector 21. This area has health care centers, banks, school markets and much more. In this project 2 BHK and 3 BHK flats are available, with the surroundings of the green gardens. It also has a complex called Verdant Complex that is dedicated to Relaxation and Recreations which can help you to revive in your busy life.
DLF The Valley Panchkula
DLF The Valley Panchkula, have a beautifully designed society that has designs that are inspired by Spanish architecture and have a friendly environment and sustainable planning. All the apartments and floors are designed with maximum space utility in minimum common areas. DLF Valley Panchkula is a society that provides you many services like swimming pools, children’s playing gardens, gym, 24 hours power backup, parking area, squash court, tennis court, clubhouse, and restaurant.
Call Us at +91-9877777660, For A Free Site Visit To Your Dream Home Near Chandigarh
Is it worth buying a flat in New Chandigarh?
Yes, it is worth buying a flat in New Chandigarh. New Chandigarh is the best place to invest and live today. There is no dearth of having a flat or apartment in New Chandigarh and there is also huge demand among home buyers. The demand is continually increasing day by day due to the nearby places like Zirakpur, Mohali, and Panchkula.
New Chandigarh is attracting a flock of aspiring individuals to chase their dreams because of IT Parks, and many big companies like TCS, Mahendra, Infosys. Chandigarh is one of the best cities to live in in India, as it is the greenest and second cleanest city of India after Mysore and also the first smoke-free city of India. Locals here have very good civic sense and education level. Roads of the city are wide and trees are lined in a way that gives you the shade in the scorching heat. The growth of the city enhances the folks to buy and invest in the properties.
Also buying flats and any property in Chandigarh gives you high resale prices if you change your mind and want to resale your property.
Points to check before buying a flat in Chandigarh
Yes, do not forget to check these points when buying a flat in Chandigarh
- Size of the flat: The flats come in various choices that as 1 BHK, 2BHK, 3 BHK, etc. You must visit and check the size of the flat.
- Ventilation of the flat: Every house should have a proper arrangement of ventilation like windows, a balcony, etc. You must check this point before buying a flat.
- Documentation: The land of the flat on which that flat s build must be free from any kind of illegal access. It is compulsory to check the legal documents before buying a flat.
- Furnishing of the flat: Fully furnished, semi–furnished, and unfurnished are the types of flats available in Chandigarh. It totally depends on your choice that what type of flat you want, so you must check out the furnishing of the flat before buying. Fully furnished flats have all the furniture and facilities and semi–furnished flats have some basic furniture but not all.
- Possession of the flat: If you are going to take a loan to buy a flat then there are some criteria on which the bank decides to provide you a home loan. Not all banks provide home loans to every location. So, make sure that you search flat at that location where your bank is comfortable to provide you a home loan.