Are you looking for 3 BHK flats in sector 127 Chandigarh?
Surely, purchasing a property in Chandigarh won’t disappoint you. After all, the city has everything you can imagine – busy lifestyle, clean environment, planned housing system, high-grade healthcare and education facility, numerous hangout spots, large shopping complexes, and much more. The best part is that the cost of living is also not on the higher side. In this article, we will share different reasons why you should invest in Chandigarh and how you can find luxurious 3 BHK flats in sector 127 Chandigarh.
Let’s take a look at Chandigarh’s residential real estate market –
The Price Factor – Is It Too Expensive?
Not really. As per the current market trend, the average price for a 3BHK flat in Chandigarh ranges between Rs 70-90 lakh, while a 2 BHK apartment may cost you anything between 40-60 lacs. In case you want to know about higher configurations like 4 BHK or 5 BHK accommodation, the average price for such large apartments ranges between Rs 2.36-3.55 crore or more depending upon the size of bedrooms, built area, location, and other amenities.
Best Localities – Where Living Means Joy!
You might only be thinking about 3 bhk Apartments in sector 127 Chandigarh. However, there are other posh localities as well that you may want to consider. Places such as Chandi Mandeer, Dera Bassi, Madhya Marg, Mullanpur, Sector 2, Sector 15, Sector 35, Panchkula, and Zirakpur also offer a healthy living environment and smooth connectivity to other parts of the city.
Price Wise Selection – Which Location Suits Your Pocket?
Chandigarh always had high prospects for investors of all stature. You don’t need to have a mammoth figure in your account to get hold of a resident in the city. If you are eyeing inexpensive flats in the range of 10-20 lacs, locations such as Dera Bassi and Kharar Mohali are the best options. For 25-75 lacs price band, localities such as Zirakpur, Panchkula Sector 20, Sector 127, Bhago Majra Road Kharar, Mohali Sector 125, Sector23, Sector 62, and Dhakoli Zirakpu should satisfy your needs.
Rental Values – As Affordable As Buying
Not only homebuyers, but tenants also find Chandigarh an affordable place. The median rent for renting an apartment in Chandigarh ranges between Rs 4,000 -Rs 3 lakh per month. Some of the popular localities that are crowded with tenants include Sector 5, 8, 9, 10, 15, 18, 19, 33, 34, 36, Sector 115, Sector 127, Mohali Kharar, Mohali Sector 69, Panchkula Sectors 7, and Sector 18. Whereas, the most affordable ones are Dhakoli Zirakpur, Nayagaon, Sectors 42, 47-D of Chandigarh, and Sectors 2, 11, 17 of Panchkula.
Time Factor – When Should You Invest?
There is no so-called ‘right time’ for buying a house. Some real estate experts suggest once you are ready with your finances and have come across the right home for yourself, you must close the deal. However, if you like data more than suggestions, you can still be happy. The real estate market in Chandigarh is at its rational best when compared to yesteryears. For example, in April 2013, the average price of residential properties was Rs 6,700 per sqft, which dipped further in August 2017, and at present stands at Rs 5,200 per sqft. This price may vary depending upon the property size, location, brand, and amenities within a unit. However, the benefits of investing in Chandigarh real estate are enormous. The authority is also making strenuous efforts in maintaining high standards of living in the city. Plus, some policies have also been introduced in recent times to make services easier for homebuyers in the city.
Real Estate Daily 