Gazipur, Zirakpur Overview

Popularity and Location

Gazipur, positioned in Zirakpur, has gained popularity in recent years. Being close to Chandigarh, it attracts many buyers and renters due to its strategic location.

Property Prices and Trends

Price Range

• For properties in Gazipur, the starting price is Rs. 2,695 per square foot, while the average price is Rs. 5,265 per square foot. The maximum price can climb to Rs. 18,148 per square foot.
• As for Zirakpur as a whole, the price range from Rs. 1,913 to Rs. 5,500 per square foot has an average of Rs. 5,442.85.

Year-over-Year (YoY) Growth

• In the last year, property rates in Gazipur have gone up by 10.94%.
• Zirakpur has experienced an upward trend in property rates, up by 14.7% for flats and 41.4% for builder floors.

Properties on Offer

Residential Properties

• Apartments: Offer a variety of choices including 1 BHK, 2 BHK, 3 BHK, and 4 BHK. Prices span from Rs. 11.80 lakhs to Rs. 1.98 crores.
• Independent Houses: Available in both semi-furnished and fully furnished options, usually in secure and well-maintained neighborhoods.
• Builder Floors: Prices range from Rs. 3,412 to Rs. 6,741 per square foot, depending on the project and amenities.

Rental Properties

• Apartments: Monthly rent is from ₹12,000 to ₹60,000, featuring 1 BHK, 2 BHK, 3 BHK, and 4 BHK units.
• Independent Houses: Rent starts from Rs. 8,000 to ₹14,000 per month for 1 BHK and 2 BHK units.
• PG Accommodations: Available at a rate from Rs. 6,000 to Rs. 7,000 per month.

Amenities and Lifestyle

Infrastructure and Amenities

• Gazipur boasts well-developed infrastructure with broad roads, parks, and numerous public amenities.
• Projects such as Sushma Chandigarh Grande, NK Sharma Savitry Greens 2, and Roseate Homes provide modern luxury living with amenities like security, clubhouses, and recreational facilities.

Accessibility

• Easily reachable from major cities like Chandigarh and Mohali, Gazipur is convenient for people who work or study in these regions.

Investment Potential

Market Trends

• The real estate market in Gazipur and Zirakpur is trending upward, offering good investment opportunities. Prices have appreciated significantly in the last few years.

Long-term Growth

• Due to continued development and increasing demand, properties in Gazipur are likely to appreciate in value over the long term.

PropertyWala's Conclusion

Buyers and renters find Gazipur, Zirakpur, a good choice. It's a strategic location with growing infrastructure. The market's upward trend suggests it’s a profitable investment choice. To make a smart decision, keep track of market trends and prices.