IT Park, Panchkula

About

Real Estate Exploration in IT Park, Panchkula

The IT Park area in Panchkula has carved out a reputation, offering allure for buyers and renters alike due to certain key reasons:

Location and Connectivity: IT Park is remarkably placed, providing straight access to major highways like NH-7. You’ll also find it near several commercial centers. This gives it ease of access, making it perfect for those looking for a residential spot. Plus, future plans for metro connections promise to boost its appeal even more.

Infrastructure and Amenities: IT Park is part of Panchkula's thoughtfully designed infrastructure. You'll find hospitals, schools, and other basics right here. Plus, it's located in the foothills of the Shivalik range, adding to its natural charm and offering a peaceful life.

Property Pricing: Neighboring zones like Sectors 20 and 21 have substantial property rates that match the high-rate nature of the area. For example, a 1800 square feet apartment in group housing here ranges between ₹2 to ₹2.15 crore. Typically, Panchkula real estate per square foot prices fall between ₹3,333 and ₹12,549, with certain spots around IT Park fetching even more thanks to their top spots.

Rental Market: Renters have plenty of choices in the IT Park area, from various apartments to independent houses. Costs range from about ₹3,000 for small units to ₹50,000 or more for larger, fully furnished places. Such competitive rentals particularly near IT parks and industrial zones suggest great investment value.

Investment Prospects: The surrounding regions of IT Park in Panchkula are highly regarded for real estate investment. Sectors 20 and 21 have displayed notable increases in property values, and upcoming infrastructure projects hint at long-term growth. This makes it a smart pick for anyone seeking rental income alongside capital gains.

PropertyWala's Review

Overall, IT Park in Panchkula emerges as a high-demand area due to connectivity, infrastructure, property costs, and solid rental markets. It blends natural beauty, well-thought-out development, and solid investment outlook, making it a prime spot for people aiming for balanced real estate ventures. Whether you’re looking to make a long-term investment or just desire a convenient place to call home, IT Park in Panchkula is well worth your attention.

Nearby

  • Transport

    • Indian Oil (~3 km)
    • Panchkula Interstate Bus Stand (~4 km)
    • Chandi Mandir (~5 km)
    • Chandigarh Railway Station (~8 km)
    • Chandigarh International Airport (~13 km)
    • Shimla Airport (~66 km)
  • Shopping & Dining

    • Market sector 2 (~2 km)
    • Bella Vista Restaurant (~3 km)
    • Chugli (~4 km)
    • Needs Supermarket (~4 km)
    • Shalimaar Mall (~4 km)
    • Nexus Elante Mall (~11 km)
  • Healthcare

    • Paras Hospital (<1 km)
    • Apollo Pharmacy Panchkula Sector 21 (~3 km)
    • Balaji Medicenter (~4 km)
    • Apollo Pharmacy (~4 km)
    • Civil Hospital Panchkula (~4 km)
    • Government Dispensary Sector 11 (~4 km)
  • Education

    • National Institite of Fashion Technology Panchkula (~1 km)
    • Jainendra Public School (~2 km)
    • Satluj Public School (~3 km)
    • Government P.G. College For Women (~5 km)
    • Govt Polytechnic Panchkula (~5 km)
    • Panjab University (~19 km)
  • Leisure & Entertainment

    • Roller Skating ring (<1 km)
    • Tau Devi Lal Sports Complex (~2 km)
    • Suraj (~3 km)
    • Hansraj Public School (~3 km)
    • The Chandigarh Golf Club (~11 km)
    • Bird Park (~13 km)
  • Services

    • HDFC Bank ATM (<1 km)
    • State Vigilance Bureau (<1 km)
    • Police Station Chandimandir (<1 km)
    • Punjab National Bank (~3 km)
    • India Post (~5 km)
    • Judicial Court Complex Sector 43 (~19 km)
  • Religious Places

    • Nada Sahib (<1 km)
    • Sultan Mohammed Khan Ji (~1 km)
    • Jama Masjid Panchkula (~2 km)
    • Hanuman Temple (~3 km)
    • Radha Soami Satsang Ghar (~3 km)
    • Shiv Temple (~3 km)
  • Business & Hospitality

    • Holiday Inn Chandigarh Panchkula (~1 km)
    • Welcomhotel by ITC Hotels, Bella Vista (~3 km)
    • Golden Tulip Chandigarh Panchkula (~4 km)
    • Industrial Area Phase 1 (~6 km)
    • Industrial Area Phase 2 (~7 km)
    • Wyndham Chandigarh Mohali (~17 km)
Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of IT Park

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News

Panchkula Extension emerges as commercial hotspot with 200 plots

Indiatimes · · Commercial

HSIIDC to auction 200 commercial plots in Panchkula Extension phase 2 for IT, pharma and showroom uses as investors shift from IT Park.

Key facts

With limited commercial options at IT Park in Panchkula, investors are moving to Panchkula Extension. Following positive response for industrial and commercial plots in Barwala Industrial Estate phase 1, HSIIDC (Haryana State Industrial and Infrastructure Development Corporation) is set to auction around 200 commercial plots in phase 2. These plots will be available for IT, pharma, and general showroom purposes.

Bitumen shortage halts Panchkula-Chandigarh connecting road construction

Indiatimes · · Infrastructure

West Asia conflict-triggered global bitumen shortages have stalled construction of a new 1.59km road connecting Chandigarh and Panchkula, with less than 1km remaining.

Key facts

Global bitumen shortages from West Asia conflict have halted construction of a road providing new connectivity between Chandigarh and Panchkula. Haryana Shehri Vikas Pradhikaran (HSVP) executive engineer NK Payal stated work is stalled due to unavailable bitumen; even when available, supply is severely constrained at high cost—of five trucks ordered, only one is received. The 1.59km road runs from near Sukhna Lake's regulatory end to IT park-Dolphin Chowk; less than 1km remains to complete. The road from Dolphin Chowk side is built but ends abruptly, causing confusion among commuters who find no information board warning of the dead end. Work was originally due for completion in late previous year but was discontinued during winter and now faces bitumen unavailability. Bitumen—a dark viscous binding agent for asphalt roads—is a byproduct of crude oils heavily produced in Gulf and Iran regions. Upon completion, the road will improve connectivity between the towns. Sectors 2, 3, and 4 along the stretch are planned for significant development including independent houses, group housing societies, shopping complexes, and parks, with the property market expected to gain impetus.

News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.

Sale Properties

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₹ 2.5 Cr

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: Trident Hills is located in Panchkula, Haryana offers residential plots, commercial space, and Low rise apartments with lots of amenities.
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4BHK Flat for sale in Majri

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: The township will have low rise apartments with independent floors designed to maximize your personal space. It provides the best of design , aesthetics, technology and urban planning.
3 Bedroom Apartment for sale in DLF Valley, Majri, Panchkula
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3BHK Flat for sale in Majri

₹ 58 L

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Apartment / Flat

: The township will have low rise apartments with independent floors designed to maximize your personal space. It provides the best of design , aesthetics, technology and urban planning.
2 Bedroom Apartment for sale in DLF Valley, Majri, Panchkula
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2BHK Flat for sale in Majri

₹ 50 L

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  • 1,600 SqFeet
  • ₹3,125/SqFeet

Apartment / Flat

: The township will have low rise apartments with independent floors designed to maximize your personal space. It provides the best of design , aesthetics, technology and urban planning.
3 Bedroom Apartment for sale in DLF Valley, Majri, Panchkula
₹ 65 L

3BHK Flat for sale in Majri

₹ 65 L

  • DLF Valley
  • 1,550 SqMeters
  • ₹4,194/SqMeter

Apartment / Flat

: The township will have low rise apartments with independent floors designed to maximize your personal space. It provides the best of design , aesthetics, technology and urban planning.
3 Bedroom Apartment for sale in DLF Valley, Majri, Panchkula
₹ 65 L

3BHK Flat for sale in Majri

₹ 65 L

  • DLF Valley
  • 1,550 SqFeet
  • ₹4,194/SqFeet

Apartment / Flat

: The township will have low rise apartments with independent floors designed to maximize your personal space. It provides the best of design , aesthetics, technology and urban planning.
4 Bedroom Apartment for sale in DLF Valley, Majri, Panchkula
₹ 73 L

4BHK Flat for sale in Majri

₹ 73 L

  • DLF Valley
  • 2,250 SqFeet
  • ₹3,244/SqFeet

Apartment / Flat

: The township will have low rise apartments with independent floors designed to maximize your personal space. It provides the best of design , aesthetics, technology and urban planning.
3 Bedroom Apartment for sale in DLF Valley, Majri, Panchkula
₹ 51.1 L

3BHK Flat for sale in Majri

₹ 51.1 L

  • DLF Valley
  • 1,550 SqFeet
  • ₹3,297/SqFeet

Apartment / Flat

: The township will have low rise apartments with independent floors designed to maximize your personal space. It provides the best of design , aesthetics, technology and urban planning.
3 Bedroom Apartment for sale in DLF Valley, Majri, Panchkula
₹ 55 L

3BHK Flat for sale in Majri

₹ 55 L

  • DLF Valley
  • 1,575 SqFeet
  • ₹3,492/SqFeet

Apartment / Flat

: The township will have low rise apartments with independent floors designed to maximize your personal space. It provides the best of design , aesthetics, technology and urban planning.
3 Bedroom Apartment for sale in DLF Valley, Majri, Panchkula
₹ 50 L

3BHK Flat for sale in Majri

₹ 50 L

  • DLF Valley
  • 1,750 SqFeet
  • ₹2,857/SqFeet

Apartment / Flat

: The township will have low rise apartments with independent floors designed to maximize your personal space. It provides the best of design , aesthetics, technology and urban planning.

Price Trends

Locality ID
A112608751
PinCode
134109