The ₹1,878 crore Zirakpur-Panchkula Bypass project is expected to drive 15-20% property appreciation in New Chandigarh within 18 months, prompting developers to accelerate affordable housing launches.
MoEFCC grants environmental approval for Zirakpur's ₹1,900 crore ring road. The 19.2-km bypass will ease NH-5/NH-7 congestion, offering alternate routes to Shimla, Delhi, and the airport. Construction begins by December 2025.