Overview of NH-22, Zirakpur

Location and Connectivity

NH-22, Zirakpur is in a prime spot on the Chandigarh-Ambala Highway. This means easy access to big cities like Chandigarh, Mohali, and Ambala. Public transport links mean daily commutes are hassle-free.

Property Types and Availability

NH-22, Zirakpur features a variety of real estate:

• Apartments (2 BHK, 3 BHK, 4 BHK)
• Builder Floors
• Bungalows
• Commercial spaces such as showrooms, office spaces, and shops
• Land and plots.

Property Rates

Apartments:

• Prices go from Rs 4350 to Rs 7000 per square foot, with an average of Rs 5450 per square foot. Builder Floors:
• Rates range from Rs 3850 to Rs 6250 per square foot. Land:
• Prices hover around Rs 4100 to Rs 6600 per square foot.

Price Appreciation

Flat rates have grown steadily:

• 14.7% in the past year
• 49.3% in the last three years
• 55.7% in the last five years
• A whopping 91.2% in the last ten years. Builder floor prices have seen good increases as well:
• 41.4% in the last year
• 35.6% in three years
• 67.8% in five years.

Rental Market

2 BHK Flats:

• Rent varies from Rs 11,500 to ₹25,000 per month.
• Many brokerage-free options available. Many are semi-furnished or fully furnished. Availability:
• More than 20 2 BHK flats available to rent. Around 10 of them cost under ₹15,000 per month.

Amenities and Infrastructure

The area is well-developed with access to:

• Shopping malls
• Educational institutions like Gurukul School
• Dining and entertainment such as Domino's, McDonald's, Decathlon
• Reliable public transport.

PropertyWala's Conclusion

NH-22, Zirakpur is a great choice for buyers and renters. Its excellent connectivity, varied property options, and growing property values make it stand out. The well-developed infrastructure, nearby amenities, and good public transport access are prime benefits. Whether buying for long-term investment or renting for immediate needs, NH-22, Zirakpur offers plenty of choices across different budgets and preferences.