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Do Not Make These Mistakes While Planning to buy Your New Home
Buying a house in Chandigarh is a dream that everyone wishes to fulfill for themselves and their future generation. It is a dream that usually requires the biggest investment in one’s life. It is a one-time decision and it is only advisable that you take all the factors into consideration to avoid making any mistake that you may end up regretting for a whole life. Here are some of the dont’s that you should avoid while you scout for your new home.
No Research of market and non – budgeting:
A market is a volatile place. The rates in Chandigarh real estate are never the same. Not researching the market for the best pricing and property listings is a big mistake. Not taking the consideration of expenses like registration taxes, consultation charges, in case of unfurnished accommodation one also must include furnishing expenses. When you make a budget for your home, usually the big expenses are accounted for and small expenses are ignored. This is a huge mistake.
These small expenses are many and they add up to a big amount and that can lead to a severe toppling of budget. Maintenance charges, stamp duty expenses, the fees for legal processing and document-making charges are some that may seem small but ignoring them right out of the face can prove to be a blunder mistake for your budgeting process especially when you are planning to take a home loan.
Builder reputation & purchase agreement :
People do not take into consideration the repute of the builder who is supposed to handle the project. This is a big no-no. Especially if you considering to invest in an under-construction project as it is economic for many, it becomes important that the builder’s reputation is taken into account. This includes the builder’s previous projects and it’s timely delivery. It’s reliability to provide the promised facilities and it’s levying of additional charges.
Also, it is not at all advisable to ignore the purchase agreement. You must read it very carefully or hand it over to your lawyer or consultant to go through once and give you a summarised version. This can save you from any potential frauds or false promises. It also may give you a review of all the fixed and variable costs and expenses involved.
Not taking into account the locality:
You cannot live without the people around you. Man is a social animal and needs people around. This meaning the locality you choose must have the basic necessities like markets, schools, hospitals and your work place well within comfortable reach. This, if ignored may leave you frustrated for a very very long time.
There are many online platforms that offer complete price listings for a house for sale in Chandigarh. The buyer can well within his means, research and list down the properties that come close to his budget.
- Published in chandigarh properties, Real Estate
Tips To Make Your Home Eco-Friendly
Saving the planet begins at home. Many of us wish to imply more sustainable methods to help the planet and contribute to eco-friendly living. And it may seem a tough thing to do, but it actually is almost as easy as it sounds. Some simple steps can help you tun your home into an eco-friendly sustainable household and you can be proud of doing your bit to help the planet.
Energy-efficient appliances:
Our modern living is dependent on a lot of appliances and gadgets and it is not a seemingly easy task to get rid of them all. But we can always use more energy-efficient appliances at home that save on a lot of precious energy. Also, make use of LED lights and swap all the other lights at your home with these. They are much more energy-efficient and are more sustainable.
Solar Panels:
Most of the new age apartments and housing structures have solar panels to meet their energy requirements and it may become necessary to use them in the coming future. Solar panels are an efficient way to reduce your electricity bills and are easy on the environment. So go solar.
Use line dry/ air dry:
Let your clothes dry out in the air on drying lines in the balcony of your apartment. Not only it saves precious energy but is also a way that your clothes will last longer than they usually do.
Plug out:
Plug out all the appliances when you are not using them. The devices plugged in can still use energy. Plug out your TV, cell phone and all the gadgets that you are not using them or charging them. This is a small but good start.
Stair it up & down:
Make it a habit to often bypass the lift and take the stairs. This not only helps to keep you healthy but also keeps the planet healthy if more and more people use this way. Lifts use quite a lot of energy coming up and down.
Reduce shower time:
This may seem difficult for the people who enjoy the luxury of a long hot bath. But reducing your shower time can seriously help you reduce water wastage by a drastic measure. Also, fix any leaky faucet or tap immediately so that less of the precious water is wasted.
Luxury homes are the newest trends among buyers. First time home buyers are investing in 3 bhk flats in Mohali with the vision to have long term returns from the ever-growing real estate market of Chandigarh and its surrounding areas. Invest in luxury flats in the area for optimal returns.
- Published in Real Estate
The Luxury of Life in Modern Apartments
In the coming of age where everything is fast-paced and changing, living space is no exception either. The modern housing structure is no more limited to Kothis and Bungalows which were once the connotation of luxury and lifestyle. That trend is still there but now luxury and utility have somewhat merged together and given rise to what is easily know in big cities as the High Rise Life.
Once thought to be the considerate way to accommodate more in less, the high rise buildings have now transformed into another spectrum all together becoming the epitome of life in the urban cities. What is it that draws people to live in luxury apartments? Is it all worth the buck?
Convenience makes the world go:
The first benefit of living in a mid-luxury or luxury apartment is the convenience of it all. You do not have to worry about the hefty construction works. Neither do you have to oversee anything? You get on and buy a ready to move in flat and life is sorted (well most of it).
Facilities don’t hurt either :
Living in apartments comes with its own dozen of benefits. You get premier facilities like Clubhouse, Swimming Pool, Gymnasium, Spas, etc. A dot is honest, they do make living a better experience. After all wouldn’t you wish that sometimes when you reach back home, you could go to the Spa and relax or just take advice in the pool to feel rejuvenated? And all of this at the luxury of being at home.
Living in nature :
The sprawling lush green gardens in the premises of your apartment is a luxury that will always make you happy that you took the decision of moving into an apartment. The perfect place for those healthy morning walks and yoga sessions.
Next time whenever you think of buying a house for sale in Chandigarh for your family, think of life in an apartment and join a community where you live and thrive in a life of luxury, peace of mind and cost-efficient.
- Published in chandigarh properties, Real Estate
Why is Chandigarh/Mohali the Best Place to Live in Right Now
Being dubbed as the most perfect city by BBC is just one more feather in Chandigarh’s hat. The whole tricity area, in fact, employs a sense of being in a space that is much more calm, tranquil and inhabitable. Me it the lush green trees making these cities a perfect scenic route to drive around, the well-managed traffic or the multitude of cultures from three states surrounding it making it an interesting hub of amalgamated cultures.
1. Heritage of Chandigarh
Built as the first planned township the tri-city is built developed around Chandigarh just in the way Chandigarh is. The roads and housing structures are all finely planned. All the three cities in tri-city have their own heritage and people are bonded by the thread of this unique bond of the city’s culture.
2. Amenities for housing
As we know the housing development in the whole try-city area is done under strict and stringent laws, it makes sure that the amenities provided in these housing societies are top notch and as per the guidelines of the respective state.
3. Low Pollution
The tri-city is blooming metro city but as far as pollution and traffic is concerned it boasts of a much cleaner environment. The reason is the green patch that is built around and taken well care of by the authorities.
4. Less inland travel time
Travelling within the perimeters of the tri-city is a delight on most occasions. Unlike big metros, the time taken to travel within all three cities of Chandigarh, Mohali and Panchkula is just 15-20 minutes. This when compared to travel time in cities like Delhi or Mumbai seems impossible.
5. Clean Well maintained roads
The roads are regularly maintained and are patched up soon after the monsoon rains. The city roads are an absolute delight for drivers and increase the efficiency and life for your cars.
6. Closeness to Himachal
That is one of the biggest advantages of living here. You are always very near to the mountains and it takes just an hour’s drive to visit the hills in Solan and Kasauli. A weekend trip to the hills is the favorite getaway for people of the tricity.
7. Nightlife
Chandigarh and Mohali have a buzzing nightlife with a multitude of discotheques and club lounges open in the city. The lounges and breweries see people from all age groups enjoying a good time out especially on the weekends.
Meet Ambika Realcon If you are thinking to Buy the most premium 4 bhk flats in Chandigarh or Mohali at the best location that the city has to offer. An offer to give you best return on your investment and value for money.
- Published in chandigarh properties, Mohali Appartements, Real Estate
Tips To Create your Happy Home
Home is always pictured in our minds as a place where we feel safe and happy. It triggers being your own self away from all the work and stress. For some, it’s the feeling of being together with the family whereas some indulge themselves in the freedom of their single lives watching their favourite series and doing there home chores. But one thing remains a constant. The good vibe of home makes it a happy place for everyone.
We have assorted some tips for you to create that happy space within your new home. Whether you live in an apartment or a bungalow, you can always make these changes to allow yourself the wonder of being awe-inspired by your cozy space.
Brighten Up:
Yes. Colors are a definite way to uplift your mood instantly (like coffee). Give your home a new paint therapy and if it’s not possible to repaint the whole house then just go for one room that could use a spirit up with your favourite bright colour. Even if it is just one wall, go for it.
En-lighten yourself:
Well, not you exactly but you can choose to add some new lights, try out some creative lamp shades or even make yourself one using those DIY videos on Youtube. It will add a charm to your place.
Plant up:
Bring some green in the house. You may have heard it a gazillion times but having plants indoor uplifts your space. Have some indoor plants and flowers in your living space and share the good mood together.
Your calm place:
It doesn’t have to be a lavish retreat in your home. A small corner would also do. But having a calm place where you can switch off all the gadgets and just sit and relax and maybe have some wine or two with your spouse. Or you can make it a meditation or yoga place to sooth your senses.
Sacred bathroom:
The bathroom is one place which gets you started for the day. Sadly, it is often most neglected. Add some incense to your bathroom or add an interesting piece of art but make it a place that refreshes not just the body but minds too.
The best location and deals that will save you all the unnecessary hidden costs. Now, find your own 3 bhk flats in Chandigarh for your family with top chart amenities and at unbeaten prices.
- Published in Real Estate
Rise of Mohali as a Commercial and Residential Development Hub
Mohali city has witnessed an unprecedented rise as the next big IT destination in India. Other than IT, industrial sectors like manufacturing, Pharmacy, advertising & media, etc. have produced numerous work opportunities in the region. And as the commercial market grows, the residential real estate graph will follow the trend.
Key reasons behind the rise of Mohali:
Commercial Progress
The efforts of the Punjab and Chandigarh government have finally paid off. The dream to make Mohali as an IT center is finally taking the shape. A number of international BPO’s and IT firms have established their presence in Mohali. As a result, a number of ancillary industries have also emerged amidst this boom. Today, a large number of migrants are flocking to Mohali because of the wide availability of jobs.
Educational Stronghold
Mohali is a well known educational hub of north India. Institutes of international repute exist in Mohali, making it an attractive place for young students. The Indian School of Business (ISB), Army Law Institute (ALI), Indian Institute of Scientific Education & Research (IISER) and National Institute of Pharmaceutical Research (NIPER) are well-known educational institutes of northern India.
Serene Lifestyle
Mohali offers a placid lifestyle compared to the hustle-bustle of other large cities. Except during the rush hours of morning and evening, it is hard to find traffic congestions in the city. People of Mohali like to pursue a healthy lifestyle and you can witness people cycling, jogging and walking every morning & evening.
Public Infrastructure
The city is meticulously planned. Therefore, it has wide roads, with numerous service lanes and bicycle tracks. There are countless parks in the city thronging with fitness enthusiasts. The public transport is fluent, with buses, autos, and cabs easily available. Most importantly, the city is home to the new Chandigarh/Mohali International Airport.
Affordable Living
Mohali is comparatively inexpensive to live in. The cost of housing, transport, and everyday necessities is much less here than in the metro and megacities of India. The overall cost of living in Mohali is one of the prime reasons for the rise in its popularity.
All the factors listed above have complimented the growth of residential real estate in a big way. Builders are offering residential flats for sale in Mohali, available in all size and prices. We can say that a buyer is pampered with choices.
Ambika Realcon developers are the pioneers of luxury residential project in Mohali. La Parisian, the gothic-styled residential project in Aerocity, is one of the premier properties available in Tricity. Their elegant 3 BHK flats in Mohali are highly sought by the investors and first-hand buyers.
- Published in Real Estate
Why should you buy a property in Chandigarh?
People who do not live in Tricity may feel apprehensive about investing in real estate in the Tricity. Why should they buy a property in Chandigarh? Is it safe to invest in a property for sale in Chandigarh? Mired by such questions, people may hesitate to route their money in property.
This blog throws light on some of the prime reasons to invest in Chandigarh property:
Good ROI:
A minor slack during the demonetization 2016 was the only blip in the real estate value in the Tricity. Since then the real estate continues to rise in sync with the demand. Investors can expect a rise in the value of property to the tune of 7-15% annually. There is also a big rise in the number of flats for sale in Chandigarh in the last 2-3 years.
Lifestyle:
Tricity offers a vibrant lifestyle to its citizens. It denotes a modernistic outlook, at par with the best cities of India. Public services like transport, health, water & electricity are in plenty. For recreation and enjoyment, the Tricity is dotted with malls, gardens and nature hotspots. In 2015, BBC announced Chandigarh to be one of the perfect cities of the world in terms of architecture, cultural growth, and modernity.
Infrastructure:
Wide spacious road network is the hallmark of the Tricity. There is little congestion of traffic, except maybe in morning and evening (office duty hours). In fact, Chandigarh and Tricity region is likely going to become a metropolitan anytime soon. The international airport receives flights from several cities from around the world. Railway connectivity within India is excellent.
Citizens who are interested to invest in residential real estate in Tricity can feel confident. The city has numerous options, including moderate 3 BHK in Chandigarh to large independent villas and mansions. It all depends on the choice. From an investment perspective, buyers should scout for properties that are likely to yield high returns in the near future. One must discuss these possibilities with a knowledgeable real estate expert who can offer valuable advice about the scope of investment.
Ambika Realcon is an eminent real estate developer of Chandigarh. Future investors can direct their queries to the counselors of Ambika and discuss the pros and cons of buying property in Chandigarh.
- Published in Real Estate
Ideas to Design a Pet-Friendly Home
Do you love pets? Everyone loves animals. If you own a pet or pets then offering them their comfort zone is important. They need equal care and comfort as we all do.
When these lovely beings enter your life, they become our companion for many long years. Their presence at home and love for the master makes them adorable. It is also observed that the presence of pets at home can be therapeutic for individuals and families. And though animals can cause damage to household items, a family learns to adjust according to their behavior and by implementing pet behavior training.
Here some useful ideas to design a pet-friendly home:
Using quickly removable upholstery
Cats and dogs love snoozing on the sofa and beds. They leave a lot of their fur behind making it unhygienic. For the sofa and chairs, use covers that can easily be removed and washed.
Avoid low hanging curtains
Pets, especially Cats, love to play with curtains. Even dogs would occasionally play games and in the process make significant damages. Use curtains that are hanging high so your pets leave them alone.
Vacuum cleaning
Make vacuuming a regular affair of household cleaning. Your pets will shed hairs all the time and there is nothing to stop this process. Make a habit of vacuuming your home on a regular basis.
Potty training
When pets are still young make sure to give the potty training. Ensure this and you will stay happy for the rest of the duration.
Anti-skid Tiles
Hard floors and tiles with anti-skid features are ideal for pets.
Secure fragile items
Keep all the glassware and other fragile items secured in a locked cabinet. It is your duty to keep such items away from their reach to avoid causing damage.
Chemical and inflammable safety
Chemicals and harmful solutions should be kept away from children as well as pets. Failing to do so can cause big damage.
When searching property for sale in Chandigarh you must also analyze the property from a pet’s perspective. Pets need their indoor & outdoor space and the owners must ensure that these things are taken care of.
Some other useful tips
- Dustbins and toilet lids at home should be tightly closed so the pets cannot invade them.
- Cover all the sharp edges at home (furniture, electronics) so the pets won’t hurt themselves.
- Use only those plants at home that are not poisonous to pets, especially for the dogs.
- Bird cages and aquarium must be kept away from windows to avoid exposure to sun and rain.
- Keep those things secured that your pets can swallow while playing.
La Parisian, Ambika Group’s prime residential project is designed as a pet-friendly housing society. It is one of the most elegant projects to purchase 3 BHK in Chandigarh and Tricity region where personal and pet needs are valued.
- Published in Real Estate
Conveniences of Living in an Apartment in Tricity
The landscape of Tricity has transformed in recent years. The skyline of Mohali and Panchkula is dotted with high-rise apartments and commercial centers, edging ahead of the traditional independent home lifestyle. The freedom and appeal of living in your own independent home are tempting. However, more and more families are inclined to live in an apartment because there are many advantages to doing the same.
Key Advantages of Living in an Apartment in Tricity:
Residential Facilities
Life in an apartment home comes with many facilities that are difficult to accommodate in an independent house. A good residential apartment offers amenities like swimming pool, clubhouse, community center, and well-maintained parks & gardens. It is nigh impossible to incorporate all these facilities in an independent home.
Low or No Maintenance
An independent home demands house maintenance jobs on a regular basis. On the other hand, the maintenance responsibility of a building apartment lies mostly with the builder. This saves the home owner the burden of time and energy required for maintenance jobs.
Secured Environment
A residential township offers a secure environment necessary for kids and family. The apartment building will have a gated community with vigilant security guards on duty 24×07. Most apartments these days are equipped with CCTV surveillance to boost their security measures.
Reasonably Priced House
An apartment home is likely to cost much lower than an independent home of the same size and in the same location. That’s because the development cost of an apartment is far less compared to the development cost of an independent home from scratch.
Trouble-free Maintenance
Daily or periodic maintenance of the apartment building is taken care of by society. Upkeep of the parks & garden, cleaning of the premises and availability of maintenance staff is taken care of by the centralized residents association.
Quality Construction
Buying an apartment from a reliable builder ensures good quality construction of the building. A trusted developer will use superior building material to ensure hassle-free, low maintenance homes to its buyers.
Good RoI
An apartment in a residential building is likely to witness an increase in its monetary value in the long run. From an investment perspective, a residential apartment will offer good returns on your investment.
All these lucrative benefits and lifestyle convenience gives apartment home an edge over the traditional independent homes. In Aerocity Mohali, Ambika Group’s La Parisian offers all the above-mentioned benefits. We recommend you to speak to our customer support executive to know about the classy benefits offered at La Parisian.
- Published in Real Estate
Tips to find good residential flats in Chandigarh – Real Estate Agents in Chandigarh
Buying property in Chandigarh and Tricity region can be quite complicated. The residential real estate around Chandigarh has spread to far-flung regions. From Mullanpur in the north to Mohali in the south, the options for buying a home are many. Buyers have wide options of flats in Tricity – from small budgeted ones to mega-luxury homes. But to finalize a single one is never easy so you need to find the best property consultant in Chandigarh or real estate agents in Chandigarh.
Let’s offer some useful tips to make your home search easy.
Discussion with a property consultant in Chandigarh
Talking about your requirement with a property consultant in Chandigarh can make things very convenient. An agent will be able to offer crucial advice about investment opportunities in the real estate sector. You get to know about the best available properties, the location advantage and the possible return on the investment after speaking to a property consultant in Chandigarh.
You can ask your friends and family for a reliable property consultant in Chandigarh who will offer transparent advice.
Real estate agents in Chandigarh
Tricity offers excellent prospects for property purchasing. There is an impressive league of real estate agents in Chandigarh that are known for their transparent and fair approach for property dealing. When looking for a property, it is advisable to discuss the same with real estate agents in Chandigarh who is known to you personally. Or, he/she could be an agent who is recommended by your family or friends.
As you look to finalize your home investment, real estate agents in Chandigarh can be of great assistance in making your search easier.
Flats for sale in Mohali Chandigarh
A number of residential projects in the Tricity indicate a robust growth of residential real estate. For a buyer, there are exclusive options to consider flats for sale in Mohali Chandigarh based on their budget and preference. People who are unable to find enough time to search and investigate properties have the option to discuss their requirement with builders and realty agents.
Residential projects near Mohali
Numerous residential properties in Mohali are available for purchasing, either ready for possession or with a waiting timeline. This provides buyers with a vast opportunity to compare apartments on various grounds. An impressive number of residential projects near Mohali are blessing in disguise as buyers are overloaded with options.
Residential flats in Mohali
Home buyers in Tricity have excellent options to select a beautiful home for themselves. The construction of quality residential projects has allowed new buyers to contemplate between various options. Classy residential flats in Mohali in areas like Kharar, Aerocity, and Landran have transformed the style of living of the people in Mohali.
Residential flats in Chandigarh
To find a good residential property in Chandigarh and the nearby area seems simple. But that is not the case. The whole affair can be quite tricky. Although, there is no dearth of residential flats in Chandigarh, to find one that meets the facility requirement and budget is the issue. Projects that are close to downtown Chandigarh are exceptionally expensive. This makes it difficult for mid-class families who seek a home within their assigned budget.
Remember, buying property n Tricity is not easy. With the current boost in the real estate segment, the prices of properties are going upward on a weekly and monthly basis. Buyers should be aware of the same. There are countless properties in Tricity because the demand is unstoppable. And as the demand rises the prices of property follows the trend. Home buyers can strategize their purchase to make sure that they get the best value for their money spent.
- Published in chandigarh properties, Mohali Appartements, Real Estate
How To Pep Up Your Life While Living in Mohali
The city of Mohali is dotted with wide spacious roads, green covering of trees & agricultural farms and offers a host of lifestyle activities or its residents. There are swanky malls, stadiums of international repute along with its lively citizens that rank Mohali in a league of modernized cities of India.
In This Article We Will Discover What Keeps the Citizen of Mohali energized.
The Mall Life
VR Punjab and Bestech Square malls give the citizen of Tricity a perfect hub to explore shopping and entertainment like never before. In fact, VR Punjab is one of the largest malls in Tricity and also one of the most visited ones. There is entertainment in galore with cinema, shopping, dining, and gaming in these malls for the people of Mohali.
The Cricket Fever
Mohali gets turned on by Cricket in a big way. That’s also because Mohali boasts one of the best cricket stadiums in the world. The PCA stadium in Sector-63 is the pride of the locals. The stadium is also the home ground of Punjab state cricket team and Kings XI Punjab – one of the leading Premier League teams of the country.
Chhatbir Zoo
On every weekend the families in Chandigarh queue up the gates of this zoo. The zoo is home to some exotic wildlife species like Bengal Tiger, Stripped Hyena, Leopards, Jungle Cat, Sloth Bear, and Asian Elephants. There are other animals from the family of birds, cervidae, feline and canines that amuse every visitor at the zoo.
Fateh Burj War Memorial
Inaugurated in 2011, Baba Banda Singh Warm Memorial is an iconic landmark on the map of Mohali. It is built in the village of Chappar Chiri – the historical battleground for the war between the Khalsas and Mughals. It is the tallest minaret in India with a height of 328 feet or 100 meters.
Parks in Mohali
The entire Tricity is known for its parks. And Mohali is no exception to it. There are beautiful and sprawling parks in Mohali where people love to spend their leisure time. The Silvi Park, the gardens of Fateh Burj war memorial and Leisure Valley Park are frequented by Mohali denizens.
We can safely maintain that Mohali is no more a sidekick to Chandigarh. It has carved its own identity and developed at a rapid pace to emerge as a corporate hub. The exclusive commercial and the residential boom have given the city dwellers unique options to work & live.
The residential progress is simply amazing. Residents have a plethora of options to own flats in Mohali at an affordable price. Readers have a great option to speak to the property experts at Ambika Realcon, where they get shrewd advisory regarding property buying and investment opportunities.
- Published in Real Estate
Tips To Find a Dream House in Chandigarh
The dream of owning a home is one of the most innate desires for any human being. What makes up for your dream home varies from person to person & family to family. Some people may prefer grand architecture while another look for a location with a VIP address.
Through this blog, we scrutinize key factors about buying a home for oneself. Here are the tips to find a dream house for sale in Chandigarh.
Budget allocation
To evaluate the right budget allocation for your dream property is very essential. Uncertainty of the budget for your home may lead to two things. One, you may purchase a sub-standard house though you could have afforded better. Or, you may end up purchasing a home that is costlier than you could originally afford. Therefore, set the budget for your home with a lot of thinking.
Research the options
Buying a home is likely to be your biggest investment in life. Spend maximum time & energy as possible in researching the best options for a home. Do your research and scan local classified, newspapers and do thorough research on the internet. In-Depth research will give you the best idea about what is available, where and at what price.
Discuss with a realty expert
The opinion and inputs of a real estate expert are invaluable. It is advisable to meet an expert who has been recommended by friends or family. A real estate expert can offer a candid opinion about certain properties that you may be interested in buying. This is going to help immensely in making a final decision about the property you wish to purchase.
Location matter
Refine your search for particular locations in Chandigarh and Tricity that are convenient for the whole family. Accessibility of your office or business from home, children’s school, market, and doctors & hospitals must be in a convenient distance. Once you decide to buy house in Chandigarh make sure to take care of the accessibility factor.
House Configuration
Be very clear about what you want in your dream home. Also, what you don’t want. Contemplate about the number of bedrooms that you and your family require. Far too many rooms mean extra time & energy for housekeeping. Also, keep in mind the features like safety & security. Your new society should be gated and secured. It should have ample space for parks and recreation, probably with a central clubhouse. Make sure that there is allocated parking space for your vehicle in your new home.
- Published in Real Estate
The Rise of The Chandigarh Suburbs
The population and infrastructure of Chandigarh city have witnessed unprecedented growth over the last decade. Once a retiree’s town, Chandigarh is now enlisted as one of the mega-cities emerging in north India. This is largely due to the combined effort of Punjab, Haryana, and Chandigarh government. The permanency of IT and Call Center companies has attracted masses from across the country. This has led to the simultaneous growth of residential real estate for urban housing.
Suburban Chandigarh is growing at a rapid pace. Construction of residential apartment in Mohali, Panchkula, and Mullanpur are the telltale signs of the growth all around. Buyers, who are scouting for a house in Chandigarh, have many options to consider.
The Mullanpur Suburbs
The new address of urbanized Chandigarh is Mullanpur. Stone’s throw distance from Sec-17, Mullanpur is fondly called the New Chandigarh. Very attractive housing projects have been constructed or undergoing construction. As of now, it is highly affordable to invest in this area. As a result, many new buyers are investing their money in New Chandigarh flats.
The area is also growing economically. Shopping complex, multiples, amusement park and the beautiful backdrop of Shivalik Mountains make this area a perfect place for residence.
The Mohali Suburbs
Nestled in the green farmland of Mohali are some of the highest rated residential properties of Tricity. The emergence of Gillco Valley and Kharar suburbs defines a new concept of life in Chandigarh suburbs. The Aerocity is a being developed in a grand style. Malls and multiplexes are heading to Mohali because the population demands.
There is equilibrium right now between the demand and supply of urban homes in Mohali. New areas are continuously recognized and developed to keep with the demand of new buyers.
The Panchkula Suburbs
The state of Haryana has actively collaborated with Chandigarh authorities to ensure a developed lifestyle akin to Chandigarh. The development of Sector 01-20 in Panchkula for the residential and commercial purpose have transformed the state of this once a sleepy town.
Panchkula has also made immense progress in its industrial development, which has resulted in a healthy employment graph. This has been the key reason behind the inclusion of Panchkula into Chandigarh suburbs.
These adjoining areas of Chandigarh are combined together in a geographic location called Tricity. The concept of Tricity is primarily to develop a commercial infrastructure with the simultaneous development of residential homes. Eventually, the concept has become the basis of suburbanization of Chandigarh city.
Ambika Realcon has several projects in these suburbs to offer a superior lifestyle to the new age people. It is a great idea to speak to the advisors of Ambika and discuss the residential projects in Chandigarh suburbs.
- Published in chandigarh properties, Real Estate
What to consider when searching apartments in Chandigarh
The search for a good residential apartment in Chandigarh is never easy. With numerous personal & familial requirements and a wish to get the maximum out of your investment is always desirable. Therefore, when you search for residential apartments in Tricity region – make a list of things that you would desire in your new home.
Here are some expert recommendations when you purchase a property in Chandigarh:
The reputation of project developer
One of the important steps is to know about the reputation of the developer from whom you intend to purchase your new property. Do not buy flats in Mohali or in Tricity if the developer has been known to commit faults in the past. Delays in property possession and the inability to provide the promised facilities have been reported in many cases. Do your research to make sure about the reputation of the developer.
Inspection of the claimed facilities
Never blindly trust the advertisements. The glittery words of the builders can be misleading and things are not always as they were advertised. Go for a personal inspection to verify if the facilities are the same as claimed by the developer. Ensure that the size of the home is exactly as advertised. Also, verify the quality of the construction material that is used by the developer. Match the proposed layout map with the actual construction.
Overhead costs
When you speculate the budget for buying an apartment in Chandigarh, make sure to consider the unseen cost that is to be incurred. Besides the cost of the apartment, the buyer will incur huge expenses for property registration, stamp duty, the annual society maintenance and even the parking space for your vehicle. The final cost of your home goes much higher than it was publicized in their advertisement.
Home finance facility
It is likely that you will require a home loan to purchase your 3 bhk flats in Chandigarh. Most banks offer home loan facility with slight variations in their Terms & Conditions and their interest rates. As a borrower, you must go through the details of different home loan offers to ascertain which one works best for you. The decision to agree on the ‘fixed-rate loan’ versus a ‘floating loan’ scheme is important. Always seek the advice of a real estate attorney in this case.
Location of the apartment
The location of your flat is very important from the traveling perspective. Whether in New Chandigarh or other Tricity areas, always consider the travel time that will be required to commute before purchasing your new apartment. The distance of the apartment from your workplace, the distance from children’s school and accessibility from hospitals & shopping area must be evaluated to achieve maximum satisfaction from the purchase of the property.
Buyer Agreement Details
The matter in the buyer-seller agreement is of utmost importance. After paying the booking amount a buyer receives the Allotment letter from the builder. The remaining payment criterion is entered in a Tripartite agreement that also involves the loaning banking agency. The tenure of the payment, the payment guidelines, and all other necessary details are included in this agreement. A buyer should read and understand the guiding terms & conditions of these agreements.
Possession Timeline
Get a precise estimate of the possession timeline from the builder if the chosen property is still under construction. In a vast number of cases, the builders have delayed the possession by a long margin. In your case, make sure that you have clear estimates of the possession time period without any provision of the grace period.
Buyers should keep all the above factors in mind and conduct their apartment search keeping these factors in mind. By doing this a buyer can likely be saved from many unwanted surprises that may arise in the future. Always find knowledge & information regarding the residential trends in Chandigarh and Tricity, and especially about the properties that you have selected for consideration.
- Published in Real Estate
The Emergence of Chandigarh real estate projects
The industrial growth in Chandigarh and its adjoining towns like Mohali and Panchkula is skyrocketing in 2019. Tricity has not witnessed the boom of this kind ever before. More and more immigrants from other states like J&K, Himachal, Haryana, and Uttarakhand have moved to Chandigarh for better opportunities. All this gives a fillip to the real estate projects in Chandigarh in a big way.
The Best Location For Real Estate Projects in Chandigarh
Several existing locations are witnessing major real estate construction. At the same time, new locations are been identified to meet the demand for housing and commercial real estate. Here are some of the best locations in and around Tricity that are worth mentioning.
Kharar, Mohali:
Once a sleepy village, Kharar is now a bustling residential and commercial center. Real estate developer has taken a particular liking for this area because the land prices are still affordable and the landscape is clean and green.
Are you planning to settle down in Mohali? Once you relocate the first requirement is for a 3bhk flats in Mohali that is not just comfortable but also offers facilities to make life easy. Public transport, accessibility to the market, schools & hospitals nearby are important.
Real Estate Zirakpur:
It is the epicenter of growth right now. There is more real estate growth in Zirakpur right now than anywhere else in the Chandigarh region. It is tipped as the best location for real estate projects in Chandigarh.
Landran:
Close to Kharar in Mohali is Landran – the new address for luxury residential projects. Known for its wide open space and agriculture landscape, Landran is one of the most preferred areas for real estate projects near Chandigarh.
Aerocity:
The area owes its name because of the proximity to International Airport. Aerocity is a fast developing real estate project in Chandigarh. It is also in close proximity of national repute institutes like Indian School of Business (ISB), Army Law Institute (ALI) and IISER. Mohali IT City is next door.
Mullanpur:
Fondly called new Chandigarh, Mullanpur appears out of the city limits, but its close proximity to the city center makes it an ideal location for residential purposes. Not surprisingly, many developers have taken up real estate project in new Chandigarh, with many more in the pipeline.
Upcoming Real Estate Projects in Chandigarh – Chandigarh Property details
Amongst other projects, the following two projects have got the attention of new home buyers.
Florence Park in Mullanpur, New Chandigarh
Based on the theme of Italian city Florence, Florence Park is green & pollution-free real estate project near Chandigarh. It promises affordable housing with no compromise on the modern amenities that a home dweller expects. The project is easily accessible from Chandigarh center and offers vintage European architecture.
La Parisian in Sec 66B, Aerocity, Mohali
Based on the theme of Paris city, La Parisian is a luxury residential project with ongoing construction, The project offers gothic European style architecture with an ambiance of Paris city. Amenities and facilities are at par with the best ones in the region.
La Parisian residential project, located in Mohali in Sector 66b is one of the classiest luxury flats in Mohali. Rated as one of the most happening projects in Mohali, Ambika promises to deliver luxury lifestyle within their reach and budget.
- Published in Real Estate