Find your dream property and become aware of various rules and regulations around properties in and around City Beautiful Chandigarh.
You must have also thought of buying property in Chandigarh at some point in your life. Why wouldn’t you! Chandigarh is such a captivating place to be. This well-planned city has everything you need for a good life. This city does not expect you to be highly rich, even if you are a middle-class, you can still live a luxurious life here. If you are interested in buying or selling property in Chandigarh then you should be aware of the property market here. In this article we are going to talk about how and why you should know your property in Chandigarh in case you decide to look into the real estate market here.
Types of Property in Chandigarh
Chandigarh is a great city to live in. It has such lucrative attractions. The well-developed roads, attractive restaurants and cafes to visit, and a well-established market area. Furthermore, it offers such easy transportation for an easy commute.
Because of these amenities, it attracts various property buyers.You can buy any sort of property in Chandigarh. The types of properties you can buy in Chandigarh are:
Residential Properties
This smart city offers buyers extraordinary residential properties. As compared to some of the major metropolitan cities in India, buying residential property in Chandigarh is much more affordable. If you are planning to buy residential property then these are the best areas for you:
- Sectors 8-11
Known as ‘’Mini Las Vegas’’ for the style and layout of houses. These sectors are some of the posh areas of Chandigarh. - Sector 33
A hub of attraction for business class. Its nearby location to other localities like 44, 32, and 20 makes it an ideal place as a residential area.
Buy residential property in Chandigarh but always check about the location first. Your home should be in a safe locality and all the necessary facilities should be available nearby.
Commercial Property
A good commercial property will benefit you in the long run. There are basically three types of Commercial properties, industrial, retail, and office space. If you want your business to thrive you should look for commercial property in areas that will offer you a good return value of your investment. Here are some well-known commercial property centers in Chandigarh:
Elante Mall
It is one of the most famous commercial properties in Chandigarh. It attracts various buyers for owning a commercial space like offices in its vicinity. Also it is surrounded by various other brands that makes it an ideal commercial space. The offices are spacious ranging from 3-4 thousand square feet and more.
Showrooms / Booths
There are various showrooms and booths available throughout the city that you can buy or rent to set up your business. You can start any type of business in these areas like medical, mobile, clothes and much more. No business start-up will disappoint you.
You can check for the availability of commercial properties at popular and trusted property rental sites and gain information regarding the locality and amenities that property offers. This will ensure that your business is safe and profitable
If you are looking for good commercial properties in Chandigarh, you should always look for locations that will benefit you in the future and be worth your investment.
Things to Remember Before Buying Property
Different types of property require different approaches. Here are the things to keep in mind before buying residential property in Chandigarh:
- Buy the property from a trusted and legal developer. Ask for their past projects and get to know about their background and reliability.
- If you want your home to be comfortable, check for the amenities provided. Always invest in properties that offer you top-notch amenities without you pointing out the faults.
- It is very important to know the locality. You will spend your time in the place so you should always look for an area that has a friendly neighbourhood and a peaceful environment.
- The property should have easy access to hospitals, markets, and other necessities so that you don’t have to go anywhere else.
- Before paying for the property, you should always visit it first and then finalise your decision. Never trust anything unless you don’t see it for yourself.
Before buying a Commercial property keep these things in mind:
- Always research the location of the property. It should be related to your business and have easy access to transport like autos and buses.
- Ensure whether the broker or builder is authentic or not. The Real Estate Regularity Authority (RERA) Act monitors the real estate business. Make sure the builder has registered their property under RERA.
- If you want to invest in a property, you should have a detailed idea about your lease structure. This helps you prepare for any issues that might arise in the future. Furthermore, it safeguards you from exploitation by the other party.
Estate Office in Chandigarh
It is a public department under the Chandigarh Administration. The department deals with any sort of property dispute or matter. It has jurisdiction over various properties in Chandigarh. All the properties are registered under the department and maintained by different branches of the Estate Office.
Any sort of property violation or misuse including illegal construction of buildings or unplanned structures is punishable. If you are dealing with any troubles related to your property, you can reach out to the department through the official website or by visiting the department in Town Hall, Sector 17C.
Furthermore, if you want to know your property in Chandigarh and get details about it, you can get the details by visiting the official website of the Chandigarh Administration. Here you will get any sort of information related to your property so that you don’t have to visit the office for it.
Chandigarh Housing Board
It is a Chandigarh administration undertaking that aims at providing reasonable pricing and good-quality housing for people. It is an initiative to provide housing for less affluent sections of the society.
The Chandigarh Housing Board has built more than 67000 good quality and well-designed houses for people. Furthermore, the Board has also constructed various commercial buildings for those who want to venture into the business world.
Final Note
Buying property in Chandigarh is a dream of many. Fulfil that dream with proper consultation from trusted estate agents. Always be vigilant and aware of the changing trends in real estate before buying any type of property.
I hope this guide helped you become aware as a prospective property owner in Chandigarh. Even if you are currently a property owner in Chandigarh, you ought to be aware and know your property in order to safeguard it against any mishappenings.
