I have been reading the forum for a long time and after much thought, I decided to purchase a Penthouse in Zirakpur. Enlisting some of my findings over the past 6 months of survey:

Maya Gardens: An obvious choice upfront owing to so many advertisements on FM and newspapers. Their sample flat was fine. However, when I personally visited the site after construction, I was disappointed with the construction quality, finishing and the layout. People staying there are unhappy lot. Their basement parking is bad and penthouses were poorly shaped. Now they have come up with Maya City (next to McDonalds) but I hear that their phase II and III of Maya Garden was not well received and many people have withdrawn from the initial offers.

SBP Southcity/Jaipuria - Approach road to these are still being constructed and are blocked on the patiala highway. Some forest clearance issues are there. Though the builders promised all issues to be resolved in 2 months, we all know how good they are in selling and

Nirmal Chhaya: A lot is being said about it. Yes, it has multiple entries; is close to a shopping mall and is a big township. Their construction quality is ok, facilities are good but a 3 BR costs close to 52 lacs. Still, it seemed promising and I shortlisted the same.

Sushma Elite Cross: The company claims that it has sold out all the 254 flats. But has anyone visited their duplex houses on the Zirakpur Patiala highway? They are pathetic in terms of quality of construction and layout plan. This was no better. Though each flat is corner one with only 2 flats on each floor, the layout plan of the flat is bad. See the sample flat, it resembles as if you are in a walled partition, an extended lobby that has 4 doors lined side by side. The kitchen and dining/drawing area were good though.

Spangle Condos - As someone mentioned, they are providing too many amenities. Their club is operational with gym, snooker, TT, coffee shop, theater etc. Providing 3 KVA backup, piped gas, gyzers etc. I saw their Penthouse and was struck with the changes that they are offerring for the new ones. A splash pool of 232 sqft volume, extended balconies, bath tub, barbeque, gazibo, terrace garden etc. Common amenities are bounty - transportation facility, creche/playway, basketball court, lawn tennis court, swimming pool, piped gas supply all are value additions. Only problem is the open space - Just one park in this complex which is yet to be constructed. Defense personal and people from Infosys are the major buyers. I hear that they have sold out all the flats and only resale is available. Further only 4 penthouses are available now.

With that, I think Spangle is a good option. The golf course and lake are in near proximity while approach to Ambala highway can be via the dhakoli village or via the villages next to proposed golf course. Sector 20 panchkula is 3 kms and for the time being it serves as the only option for people in peer muchalla and gazipur. The ring road is 1 km further from spangle that shall connect international Airport via chaat village. New generation, maple apartments are being constructed just next to it. Its on 100 ft road which is proposed to connect the sector 21/20 dividing road of panchkula (behind army flats, AWHO). Its connected to 150 ft wide road too.

The penthouse is offered at 68 lacs or so. Planning to go for it. Any advices would be really helpful!
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  • I have a unit in penta homes zirakhpur vip road..can chandigarh guy and other members guide me whether to sell it or hold it...is it goin to appreciate in near future...
  • Zirakpur loses poor cousin tag

    For years Zirakpur has been seen as an affordable option for those wanting to live in the vicinity of Chandigarh — be it for rental purposes or for purchasing a house. Rentals as well as the prices of flats and even plots here have been much less than those in the satellite towns of Panchkula as well as Mohali. Actually, it was this affordability tag that had been the biggest market driver in this town, which has been time and again decried for lack of proper civic amenities and urban planning.

    But the demographics of real estate growth here are changing fast now and the demand, too, is seeing a complete turnaround. From small group housing societies built on small plots with little thought given to the approach roads and parking space, there are now well planned high-rises with ample parking space, larger units and group housing communities with their own clubs and commercial spaces offering a whole lifestyle rather than just a place to live in.

    The growth of the city from the Zirakpur village in 2000, to the ‘Modern Zirakpur’ of 2015, has been phenomenal. Located at the intersection of three National Highways i.e. Chandigarh-Ambala (NH 21), Kalka-Ambala (NH 22) and Zirakpur-Patiala Highway (NH 64), Zirakpur has emerged as one of the most soughtafter residential and commercial destinations by those looking for high-end properties. Seamless connectivity to Chandigarh Central Business District and other neighbourhood cities such as Ambala, Shimla, Panchkula, Mohali, Patiala and Delhi, along with well-maintained social infrastructure and affordable property values, have fuelled the residential demand in this area. As a result there have been steady number of sales in the region and the area has been able to maintain an average annual rise of 10-12 per cent.

    While the buyer profile here has changed over the past few years with more IT professionals and CEOs of companies, businessmen, landowners from Punjab and Haryana looking for a house near Chandigarh and NRIs has fuelled the demand for premium products, which can be attributed to 15-20 per cent of the overall demand. This is being reflected in the availability of four to six BHK apartments, penthouses, villas, plots etc in a number of new projects here. The ticket size has also touched over Rs1crore to Rs1.5 crore mark in some of the new projects.

    The area has made room for skyscrapers along with the low-rise buildings and has emerged as a realty hub. Going by the trends, and given the current 1.5 lakh population, a long term average of about 100 families shift to Zirakpur from neighbouring cities every month. The region now experiences a substantial demand in high-rise apartments, and well-planned low-rise independent floors. The market has matured here and the consumers have shifted focus to premium products offering better quality. It may seem that the supply has overshot, but the demand is continuously supporting products that offer efficiency in space utilisation and longevity. The market understands the value of a quality product and is more than willing to pay a premium for the same. About 50 per cent of the demand (by value) in housing is for the homes within a budget of over Rs50 lakh.

    Zirakpur is also seeing a huge shift in the commercial sector. Top international brands have jumped on to the opportunity that this region is providing. Retail chains Walmart and Metro cash-and-carry, several top-end hotels are fully functional here, with many more waiting to enter this enticing market soon. A lot of MNCs have also planned to open large regional headquarters in this area. Zirakpur has seen a 100 per cent growth in commercial sector as compared to that in Chandigarh and Panchkula.

    The commercial segment has seen much innovation in the past few years. Increasing demand has led the developers to push their boundaries. Along with the traditional offices, large mixed-use developments now offer great products like deck offices, convertible office studios and much more. The PR-7 and International Airport will be the game changers for this area soon.

    Zirakpur loses poor cousin tag