Should I invest in property in Zirakpur?
In this article , we have discussed the different ways in which Zirakpur is an exciting place for residential and commercial property investment.
This article also contains some basic knowledge about what it is to live in Zirakpur.
Table Of Contents
Is Zirakpur a city or town? How many sectors are there in Zirakpur?
Zirakpur is a residential suburban town in the Mohali district, Punjab, having Mohali and Chandigarh as neighbouring cities. It is divided into 16 sectors based on the Chandigarh model.
It was a town earlier but gradually is becoming a satellite city.
Does Zirakpur fall in Chandigarh? | Zirakpur distance from Chandigarh
Zirakpur doesn’t fall in Chandigarh. This town’s location is very near Chandigarh and Chandigarh International Airport.
It is also very near to the IT Park in Mohali.
Zirakpur doesn’t fall in Chandigarh, but it is considered a part of the Chandigarh Tricity.
As mentioned above, it is close to the major highways, including Chandigarh-Shimla Highway.
Zirakpur is located at the common point of Mohali, Patiala, Panchkula, and Chandigarh.
The distance between Chandigarh and Zirakpur is 12.5 km.
It takes almost 44 mins to reach if you’re travelling through the Chandigarh road.
The Chandigarh road is well-built, and it is convenient to travel. Your car’s suspension will thank you as you zoom through.
There are also some AC buses from Zirakpur to Chandigarh throughout the day.
How is Zirakpur for living? Is Zirakpur a safe place to live?
Zirakpur is a nice place for residential purposes.
It is excellent in all aspects, including safety, connectivity, cleanliness, and other significant factors.
It is a great place to live for all kinds of people, including those who are working.
As far as safety is concerned, Zirakpur is very safe for women.
The security here is excellent, and almost all buildings, houses, and outlets are under CCTV surveillance.
Should I invest in Zirakpur Commercial Real Estate?
The investment potential in Zirakpur is very high, which is the primary reason people from nearby areas are investing in properties here.
There are several big commercial projects with assured returns.
This includes spaces in malls, hypermarkets, shops, food courts, and showrooms on offer.
Moreover, the transportation and road connectivity of Zirakpur with other surrounding areas is superb.
Zirakpur is rapidly emerging as a commercial locality of the Chandigarh Tricity.
Zirakpur is an excellent locality, directly connected to 3 important highways: Chandigarh-Patiala Highway, Chandigarh-Ambala Highway, and Chandigarh-Shimla Highway.
It is already overloaded with popular hotel & restaurant chains like Park Plaza, Aloft Hotel, Best Western Maryland, and the upcoming luxury hotel J.W.Marriott.
In addition, there are many other restaurants like Sagar Ratna, Gopal’s, Sindi Sweets, KFC, Mcdonald’s, etc.
Reasons to invest in a flat in Zirakpur
It has several luxury residential complexes where you can buy a flat.
So even if you’re not going to stay full-time or want to invest, you can rent out your flat and earn a good amount every month.
It also offers all basic facilities like hospitals, schools, banks, etc., nearby.
Moreover, it has numerous outlets where you can eat and shop.
There are several engineering colleges in Zirakpur.
This city has become a central educational hub in recent years.
With the growing demand for PGs and rental units growing in this area, people can earn a handsome amount of money by renting out flats in Zirakpur.
Diverse living options
With the increased demand for luxury and upscale living compared to Chandigarh, several residential projects have come up to fulfill the needs of the urban population.
So, these projects have many options, from 1 BHK to 5 BHK flats.
These properties are generally constructed in safe and enclosed communities.
These flats offer reasonably priced superior amenities that are hard to find in neighbouring areas like Chandigarh or Panchkula.
Huge investment returns
From the investment perspective, investing in a flat in Zirakpur can give you huge returns.
This is because this satellite town of Mohali is already overgrowing, with several infrastructural developments in the city.
The sector-wise layout plan based on the Chandigarh pattern also makes it easy to locate any house in the area with Google Maps.
This will make it easy for people to use GPS and reach their destination.
Suitable for all kinds of people
Zirakpur is a unique place suitable for people of all age groups.
Be it senior citizens, youth, or kids; this place has everything to offer.
For children, it has several skills development and educational institutions. Senior citizens can move here for a peaceful and secure life. It is an excellent place for working professionals too.
Proximity to IT Hubs
It is near Quark City Mohali and Chandigarh IT Park, where several IT companies have offices.
This means there are thousands of salaried folks looking for an affordable housing option.
Big IT giants like IBM, Infosys, Wipro, and many major automobile companies also have offices in Mohali’s IT Park.
With the growth and expansion of such companies in and around Chandigarh, housing property requirements are also growing.
The housing options and amenities also vary as it encompasses all income levels.
Nearby major transport links
Zirakpur has the double advantage of being at a very close distance from Chandigarh International Airport and Chandigarh.
It is a very convenient destination for those who travel to and fro for work.
- Excellent connectivity
- Easy and fast connectivity plays a significant role in the growth of an area.
- It is located on the Ambala-Chandigarh expressway.
- Zirakpur has excellent connectivity to nearby places like Manali, Shimla, and other places in Himachal Pradesh.
- Also, unlike others, this city has easy accessibility to the Delhi-Shimla highway.
- The road network from Chandigarh to Delhi can be considered one of the best in the country.
Its excellent connectivity and easy accessibility suit all aspects like commuting, convenience, and livability.
Home to big retail outlets
Zirakpur is a place that is located at a very close distance from Chandigarh.
So in terms of some amenities, it even outweighs Chandigarh.
Metro Cash, Best Price, Big Bazaar, and Walmart are on the highway to help you fulfill your daily requirements.
These are the primary reasons you can consider buying a flat in Zirakpur.
Is Zirakpur a posh area?
If you’re wondering whether buying an apartment in Zirakpur will be worth it or not, you don’t need to give it a second thought.
In the past, it had a bad reputation for not being as well planned as Mohali, Panchkula, and Chandigarh.
A few years ago, there was also concern about illegal colonies.
Without supporting documents, many unknowingly invested their money in flats built upon acquired land.
Having said that, Zirakpur is definitely a posh city.
So if you’re buying a flat in Zirakpur, check all the necessary documents.
Also, ensure you only buy from RERA accredited builders with good reputations to make your investment safe.
At Big Blocks, we only deal with RERA-approved projects and properties.
So we have you covered whether you want to buy a flat or commercial space.
Contact our team today to start smart investing today!