Real estate in the region is expanding beyond city cores, transforming once overlooked areas of Chandigarh, Panchkula and Mohali into high demand zones. Infrastructure upgrades – like new expressways, international airport connectivity, metro proposals and premium township developments are making Tricity’s surburban pockets increasingly attractive.
Rising Returns in the Tricity Region
Like Banglaore or Pune, Mohali and New Chandigarh are now yielding 2x returns for early investors, especially in gated townships and integrated developments. Rental demand is also on the rise, with migrating professionals, startups and NRI investors pushing demand for 2 – 3 BHK flats in gated societies.
Is This the Right Time to Invest or Sell ?
If you own an older property in Tricity, 2025 might be a make or break year. With newer better planned projects entering the market – especially in Aerocity, IT City, PR-7 Airport Road and Zirakpur. Owners must evaluate their property’s worth and potential.
Key Metrics to Evaluate Your Property in Tricity
Property Type
- In Demand Properties – Gated projects with high security, clubhouses, elevators and landscaping – think Falcon View, Marbella Grand, Homeland Regalia and Medallion. Mansions in northern sectors of Chandigarh. In August 2024, Chandigarh’s luxury real estate market made headlines when a prominent businessman purchased a 6-kanal house in the upscale Sector 9 for a staggering ₹98 crore. With limited availability of property in the city’s posh northern sectors, prices have soared to unprecedented levels. This high-profile transaction underscored the growing demand for premium residences in Chandigarh and highlighted the city’s status as a prime destination for high-net-worth individuals. In a significant real estate transaction reported in March 2024, a 2-kanal house in Chandigarh was sold for ₹32 crore. This sale underscores the escalating property prices in the city’s prime sectors, driven by limited availability and high demand.
- Properties Losing Traction – Standalone houses or old, non renovated builder floors in sectors without modern amenities.
Maximum Potential
- Some sectors in Mohali like phase 7, 9, & 10 may have reached their price cap due to age and saturation. However, newer sectors like 66 are still growing with potential upside in resale and rental returns.
- Projects near malls, hospitals, education hubs and highways will give higher ROI over time, especially if possession is 1-2 years away.
Age of the Property
- If your property is over 10-15 years old and located in a sector where modern projects are pulling buyers away, it is time to sell and reinvest in something with better amenities and layout. Newer developments not only appreciate faster but also fetch higher rentals from working professionals and NRIs.
Conclusion
Tricity real estate is undergoing a value evolution. Buyers and tenants alike are choosing lifestyle convenience and gated safety over just location. If your current property does not align with those demands or is nearing market saturation. It may be time to sell and reinvest in a more promising development. If you own a property in Tricity and are looking forward to selling, hold on tight as the second half of 2025 is gonna be the year of maximum potential.
Understanding the property score and accurately determining its market value are crucial for achieving the highest possible returns at the best time.