The Rise in Demand for High-End Housing
Zirakpur has become a top spot for luxury residential properties, with 4 and 5-BHK homes seeing significant market interest. Buyers are moving towards bigger homes, showing changes in family sizes and more money to spend.
Current Pricing Trends
4 BHK Homes sell for ₹98.6 lakhs to ₹1.38 crores, with average prices around ₹5.82k to ₹6.8k per square foot. These homes usually range from 2,244 to 3,550 square feet, giving plenty of space for growing families.
5 BHK Properties show even higher prices, from ₹1.2 crores to ₹3.10 crores. Homes on main roads like Ambala Highway and Airport Road have higher prices because of their great locations.
Developer Tactics
Real estate developers have placed their projects in important areas. Hermitage Centralis and Highland Park Luxuria offer homes ready to move into, with completion dates going through 2025. Developers offer multiple payment option plans for first-time buyers with modern features like gyms, parking, power backup, and top-notch security.
Market Movement
The trend shows strong belief in Zirakpur's future growth. Properties come in different styles, from semi-furnished to fully-equipped, meeting different buyer needs. Standalone villas add to the apartment options, with 3 BHK villas starting at ₹1.5 crores.
Investment View
Market signs point to ongoing demand for upscale homes. When looking at 4 and 5 BHK properties, buyers focus on good location, lots of amenities, and long-term value growth in this growing real estate area.