Investment in Panchkula - Indian Real Estate Forum

Ace Ventures · 25-10-07

Panchkula is a satallite town of Chandigarh and is experiencing a tremendous beem in reality.

Current options to invest in Panchkula are the newly carved sectors where the property prices are less than half of what prevail in old sectors. The prices are increasing sharply due to development in new sectors. The expected return on property in these sectors is more than 35%.

vikas · 25-10-07

Really...Panchkula is a satellite town of Chandigarh and is experiencing a tremendous boom in realty. I also want to invest there . Is there any body who can tell me latest scenario of real estate in Panchkula which make my investment a fruitful one for me ?

26-10-07

Chandigarh has already been overrated and the rates are already hit the high long time back...Actually the prices recently have been falling.
Please look at the big picture before you invest any money anywhere. It makes sense to buy now at htese high rates only if you plan to live there, not for investment.

26-10-07

This is nonsense
there is no boom
I have been lookig at buying plot in panchkul and if anything prices are sliding down not up

Ace Ventures · 29-10-07

Why not invest in new sectors like sector 27 & 28? The prices are low and sectors are developing fast. The expected appreciation in prices is nearly 35%.

Other option is sector 6 at Mansa Devi Complex. This sector is next to IT park, Chandigarh. The prices are comparable to other sectors in Panchkula. But this sector would share all the amenities being developed at IT park. The prices are going to rise in future and would be comparable to prices in Chandigarh.

Moreover, Parsavnath is developing huge property half a kilometer away where the prices are much higher.

25-10-07	#1
Ace Ventures New Member Join Date: Oct 2007 Posts: 16 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	Investment in Panchkula Panchkula is a satallite town of Chandigarh and is experiencing a tremendous beem in reality. Current options to invest in Panchkula are the newly carved sectors where the property prices are less than half of what prevail in old sectors. The prices are increasing sharply due to development in new sectors. The expected return on property in these sectors is more than 35%. Last edited by Saumya; 25-10-07 at 03:26 PM.

25-10-07	#2
vikas New Member Join Date: Feb 2007 Posts: 10 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	Investment in Panchkula Really...Panchkula is a satellite town of Chandigarh and is experiencing a tremendous boom in realty. I also want to invest there . Is there any body who can tell me latest scenario of real estate in Panchkula which make my investment a fruitful one for me ?

26-10-07	#3
suhan Unregistered User Posts: n/a	No use at these high rates Chandigarh has already been overrated and the rates are already hit the high long time back...Actually the prices recently have been falling. Please look at the big picture before you invest any money anywhere. It makes sense to buy now at htese high rates only if you plan to live there, not for investment.

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26-10-07	#4
doit Unregistered User Posts: n/a	This is nonsense there is no boom I have been lookig at buying plot in panchkul and if anything prices are sliding down not up

29-10-07	#5
Ace Ventures New Member Join Date: Oct 2007 Posts: 16 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	Why not invest in new sectors like sector 27 & 28? The prices are low and sectors are developing fast. The expected appreciation in prices is nearly 35%. Other option is sector 6 at Mansa Devi Complex. This sector is next to IT park, Chandigarh. The prices are comparable to other sectors in Panchkula. But this sector would share all the amenities being developed at IT park. The prices are going to rise in future and would be comparable to prices in Chandigarh. Moreover, Parsavnath is developing huge property half a kilometer away where the prices are much higher.