TOP 10 REASONS WHY TO INVEST IN REAL ESTATE IN ZIRAKPUR
In the last few years, the amount that has been invested in the real estate sector is witnessing an upward trend. There could be many reasons behind this such as stable economy, improved growth rate, excellent returns on the investment, stronger risk appetite and increased demand for luxurious as well as affordable housing sector. If you are also planning to join the bandwagon and want to mint in some great money then consider investing into the Northern part of India, especially Zirakpur near Chandigarh. The best thing about Zirakpur is that prices are not that high as compared to Mumbai or any other metropolitan city of India. This is also one of the main reasons real estate companies such as Maya Garden Avenue are able to reap in incredible benefits by investing in this area by providing 2 bhk and 3 bhk residential apartments in Zirakpur. Let us try to find about the top reasons why should invest in real estate in Zirakpur. Knowledge of these important points can help you make a wise and sincere decision before investing into Zirakpur.
Superior Road Connectivity Unlike other cities in India where road connectivity is a major concern area, Zirakpur is an exception because here the road connectivity is very superior.
The major road from Chandigarh to Delhi is one of the finest road networks in India. Moreover, Chandigarh is being proposed as the 1st smart city which clearly means that world class road network can be expected.
International airport in the offering Recently, the domestic airport near to the Zirakpur has been upgraded for International flights and all roads leading to the airport have been spruced up. The international terminals may be launched in the coming months and direct flights to international destinations will start in the coming days.
Excellent road planning in the area The centre and the state government are planning excellent road network in this area. The Zirakpur-Bathinda six lane project has already been started with full swing and it will give a major boost to the real estate investment in this area. Not only the external roads but the internal roads are also made with quality material. Zirakpur is pretty well connected with Flyovers and ring roads and more such flyovers and roads are planned so that the people won’t fact any traffic congestion issues.
Educational hub The entire area near Zirakpur is fast becoming a major education hub. There are about 5 to 6 engineering colleges near this area such as Chitkara University, SVIET, SUS Tangori and a lot more. Increased flow of students will increase the demand for PGs and hence excellent rental income can be earned by renting out the flats.
Proposed Metro Connectivity The Chandigarh administration and Punjab government are regularly holding talks for approving metro connectivity in this area.
Major feasibility studies are being done so that the project can be started at the earliest. If this happens, then Zirakpur will see an exceptional rise in the prices of real estate. The proposed Metro rail connectivity would connect Zirakpur with Chandigarh and Panchkula which is considered as one of the major investment boosts to this area.
Presence of major retail outlets and shopping hubs There are many leading retail companies which have opened up their outlets in this area such as Walmart and Metro retail. Not only retail giants, but food and shopping centers have been opened such as McDonalds, KFC and a lot more. You can spend quality time and entertain yourself and family members at multiplexes. One of the best things to do is to buy commercial establishments such as shops and retail outlets. The demand for commercial space is on the rise and with more and more families re-locating to Zirakpur, it will become one of the biggest shopping hubs in this area.
Healthy environment If you are planning to buy a home in Zirakpur, then you will be amazed to know that there are several green pockets in this area. There are several open spaces and parks for children in Zirakpur and work on many new parks is going on. You can easily spend some great time in the company of children and family members. Moreover, the Punjab government is also planning to open more and more parks in Zirakpur and surrounding areas for the benefit of the people.
Close proximity to Chandigarh IT Park Zirakpur is quite near to the famous Chandigarh IT Park. Major IT companies such as Infosys, Wipro and IBM have opened up their offices in this IT Park. There are several IT managers and employees who always look for a housing option in and around Zirakpur. The Chandigarh IT Park is expanding fast and the demand for flats such as affordable 2 room or 3 room flats is also on the rise.
Excellent return on the investment Buy commercial property in Zirakpuras the rates are rising and you can expect an excellent return on your investment. As the property rates in Chandigarh have reached a new high, the property rates in Zirakpur are still in the reach of a common man and it is estimated that the prices here will increase by at least 30 to 40 percent in next 2 years.
Residential and commercial properties are available Another positive point about Zirakpur is that residential as well as commercial properties are available. If you are searching for office spaces or planning to create commercial hub, then also this is an ideal destination. The Zirakpur-Delhi road has got incredible commercial space options and you can easily strike an excellent deal here.
Apart from the above mentioned points, there are many more positive points that can be considered such as easy availability of loan, affordable property options, ideal for all age groups, positive sentiment and a lot more. If you are planning to invest into the real estate sector or want to buy flat in Zirakpur then act immediately because prices are rising. Happy investing!