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Old 17-03-2008, 07:08 AM
nancyarora2020 nancyarora2020 is offline
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Chandigarh, one of the well-planned cities of India, is undoubtedly one of the "most preferred" destinations for foreign direct investment (FDI) such as joint ventures and Real Estate investments in India. As India promises high returns on investments so the realty sector of India is on an upsurge. So, this is the best time to materialize a property deal in one of the most beautiful and organized cities of India.The Chandigarh real estate market has witnessed unprecedented growth over the last few quarters.The residential real estate market in Chandigarh does not have much to offer, due to the lack of space for further development. Most of the new residential developments are coming up in Panchkula, Mohali and Zirakpur and Dera Bassi on Chandigarh-Ambala highway. Panchkula real estate market mostly consists of residential developments in the form of bungalows, independent houses and flats. With rising demand and proximity to Chandigarh, there are ready takers for the available land parcels.New residential developments by local builders, mostly in the form of townships, are coming up towards Kharar Road, few of the more important ones being Gillco Valley, Sunny Enclave and Shivalik City.Prominent retail locations in Chandigarh comprise the sector markets. While Sector-17 forms the city centre with the presence of major brands, Sector-22 is an important market with wholesalers dominating the retail set-up. Besides, the Sectors-8, 9, 35 and 26 also serve as important retail locations. Sector-9 is considered to be the main financial and banking services hub of Chandigarh. In Mohali and Panchkula, the Local Shopping Complexes (LSC) of every sector form the retail zone, catering to the basic needs of the residents.For more view-realtydigest dot blogspot dot com
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