There are a number of things that you need to know about the city of Chandigarh. The city is known to be one of the most beautiful cities in the country. There has emerged a prominent new demand for houses and room for rent in Chandigarh. The city is the capital of the state of Punjab as well as Haryana and not only comprises of the government offices of these states but also happens to be one of the most important hubs of trading in the country. The per capita income of the residents of Chandigarh is said to be amongst the highest in all territories across India.
The planned development has enhanced the values of houses here like never before. Estimates suggest that the bank account deposits in the city have an average value that is the highest in the country. Therefore it does not come as a surprise that the city has emerged as one of the most prominent new centres for housing demand in the year 2015. All those seeking houses and rooms in the city ought to know the following 5 things.
The “City Beautiful”:
As one enters the city of Chandigarh, one is greeted by the sign that welcomes one to the “City Beautiful”. The city was planned and developed in a gridiron pattern. It is one of the cleanest and the greenest cities in the country. The residents of Chandigarh are used to open spaces. It has been divided into sectors that have been further segregated into commercial and residential zones. Every residential sector comes with a park and this is what makes the city one of the most beautiful cities for living.
Part of the Tricity:
Just like the Delhi region now comprises of five cities, the city of Chandigarh comprises of three cities- Mohali in Punjab and Panchkula in Haryana. As the space in the union territory started becoming unavailable, both these other cities witnessed a growth in demand for housing like never before. The overall growth in the property segment has been considered to be positive in Chandigarh. The whole Chandigarh region therefore has become a large area comprising of these three cities. The economic growth has also compounded as a result.
Major hub of New property development:
Now that the nation has witnessed an economic revival, the city of Chandigarh also has evolved and grown into one of the most prominent new hubs of property. This is also the reason why there is a high demand for house for rent in Chandigarh. The overall growth has been considered to be positive and the city is now known to have become a major centre of trade and commerce as well.
Major hub of housing:
Anyone who would have been to Chandigarh would have fallen in love with the city. The overall growth in demand for housing here has increased over the years and the property development that has taken place here accordingly. It is a major centre of housing development and the prices of houses here are amongst the highest in the country. Interestingly, the costs related to house on rent in Chandigarh are not as high.
Major centre for trade and commerce:
Being a part of a region that comprises of 3 cities. Chandigarh is famous to be a major centre for trade and commerce as well.