Nexus Select Trust boosts its Chandigarh footprint by acquiring 60,000 sq ft of prime retail space at Nexus Elante Complex for Rs 253.7 crore. This strategic move, spanning ground and first floors, targets luxury fashion, premium F&B, and high-end electronics, solidifying Elante's dominance in the Tricity's premium retail market amid strong rental growth.
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.