New Chandigarh is quickly becoming the Tricity's top spot for real estate investment, drawing NRIs and luxury buyers. Expert Jatinder Bajwa highlights its role in driving economic growth through planned infrastructure, green spaces, and zones like Medicity and Eco City. Low density, clean air, and a smart urban grid promise 18-20% returns, setting it apart in premium markets.
GMADA's bold move raises property base rates by ₹5,000 to ₹15,000 per square yard for 2025-26, boosting valuations and registration fees in Mohali. Critics slam it as revenue grab over welfare, hitting buyer affordability amid signals of robust market growth and higher costs for plots in key sectors.