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The Chandigarh real estate market in 2025 is witnessing an unprecedented boom. Ultra-luxury properties in premium sectors are being sold at jaw-dropping rates: 2-kanal houses in prime sectors have crossed ₹30 crore. Large plots in Sector 9 & 18 are fetching up to ₹60–70 crore. In just 5 years, the price of a 1-kanal home in Sector 10 doubled from ₹8 crore to over ₹15 crore. Meanwhile, satellite towns like New Chandigarh, Zirakpur, and Mullanpur are also gaining traction, with property values rising between 60% and 90% in the past five years. What’s Driving Chandigarh’s Real Estate Growth? 1. Limited Land Supply – With no new residential sectors being added, scarcity is pushing prices higher. 2. Luxury Demand – NRIs and HNIs view Chandigarh as a safe, prestigious long-term investment. 3. Tricity Advantage – Chandigarh–Mohali–Panchkula connectivity and infrastructure upgrades fuel investor confidence. 4. Policy Shifts – The sharp hike in collector rates and property taxes has made Chandigarh properties more expensive on paper, raising valuations further. New Hotspots Around Chandigarh New Chandigarh (Mullanpur) – Planned eco-friendly sectors, upcoming infrastructure, and nearly 94% price growth make it a rising star. Mohali – Residential property values doubled since 2020, supported by IT parks, business hubs, and lifestyle amenities. Zirakpur & Peripheries – Popular among budget-conscious buyers seeking affordability compared to Chandigarh core sectors. Policy Impact: Higher Taxes, Higher Costs The Chandigarh administration’s decision to raise collector rates and property tax has sparked mixed reactions: Government Revenue: Stamp duty collections have shot up, boosting annual revenues. Buyer Burden: Middle-class families are finding Chandigarh unaffordable, forcing them to look at nearby suburbs. chandigarh Real Estate Outlook 2025 Luxury Boom Continues – Premium plots and large houses in central sectors will keep breaking price records. Shift to Suburbs – Affordable housing demand will grow in Mohali, New Chandigarh, and Zirakpur. Policy Sensitivity – Any relaxation in taxes could revive middle-class demand, while more hikes may widen the affordability gap. Conclusion The Chandigarh property market in 2025 is a story of booming luxury deals, policy-driven price hikes, and rapid suburban growth. While investors are bullish on high-value sectors, average buyers are shifting focus to more affordable but fast-growing locations like New Chandigarh and Mohali. For anyone planning to invest, Chandigarh remains one of India’s most attractive but competitive real estate markets.
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