Chandigarh's housing market stalls amid high costs and delays in Sector-53 scheme and IT Park project, while Mohali and Panchkula surge with rapid group housing, strong ROI up to 12%, and infrastructure boosts drawing investors to affordable luxury options.
Chandigarh Housing Board revives Rajiv Gandhi Technology Park housing project with three-floor limit after environmental clearance rejection in 2022.
Proposed 728-flat development near Sukhna Wildlife Sanctuary rejected due to environmental rules, exacerbating housing shortages in already constrained market.