Overview of Industrial Area Phase 2, Chandigarh City

Industrial Area Phase 2 in Chandigarh merges industrial and residential zones, making it a compelling locale for investors and homebuyers alike.

Location and Connectivity

You'll find Industrial Area Phase 2 on the south-eastern outskirts of Chandigarh, set up to cut down on air pollution within the city. It's quite linked to key landmarks, like the railway station, Elante Mall, and many public and private schools and hospitals nearby[2|. The area sits conveniently near important transit routes, such as the railway station road and the Ambala-Chandigarh railway line.

Infrastructure and Amenities

Primarily an industrial zone, Industrial Area Phase 2 still provides numerous residential plots and properties. However, it struggles with problems like insufficient water supply, sewerage, and power supply. But efforts are underway to tackle these issues through extensive urban renewal plans. Notwithstanding, the area has features like main road access, parks/gardens, and community services. Plans include building underground parking lots, bike lanes, and pedestrian paths to improve infrastructure.

Real Estate Options

The area features a range of plot sizes from 5 marlas up to 1 kanal, with a lot of smaller plots available. For residential plots, construction up to 2-3 floors is allowed based on specific plot regulations.

Buyers and renters will find properties like standalone houses, flats, and upscale apartments in the surrounding areas. These come with modern amenities and are built in safe and secure neighborhoods.

Investment Potential

Industrial Area Phase 2 offers a mix of investment opportunities, both for residential and commercial ventures. Nearness to key industrial and IT clusters, like the IT Park, makes the area attractive for investors eyeing long-term growth.

PropertyWala's Verdict

The real estate scene in Industrial Area Phase 2 is unique with its blend of industrial and residential prospects. Although it grapples with some infrastructure hurdles, the ongoing projects and urban development plans aim to enhance living and working conditions in the area. When deciding to invest or live here, it's vital to compare the current infrastructure against the future development plans. With due care, Industrial Area Phase 2 can turn out to be a smart and profitable pick for those looking at buying or renting in Chandigarh.