New Chandigarh is a locality close to north-east of Greater Mohali Area Development Authority (GMADA) region. This new township is surrounded by areas such as Sec-35A, Mullanpur, Sec-23 and Sec- 22. The township is close to the industrial city of Himachal Pradesh, Baddi. In the long run, it is expected that the locality would attract population from Chandigarh, Mohali and Himachal Pradesh. Rivers such as Patiala Ki Rao, Siswan and The Jayanti Devi Ki Rao pass through the locality.
Economy, Industry & Employment
The city will have industries related to Information Technology. Some of the companies have already invested in the land. In the future, the city will have many IT related institutions and is already housing various IT/Engineering/Management Colleges. This will definitely give a boost to the economy of the city which will lead to a positive change in the real estate in New Chandigarh.
Infrastructure of New Chandigarh
The locality has a sound infrastructure supporting the robust economy of New Chandigarh. The locality is connected through National Highway 95, National Highway 21, Ambala-Shimla-Kaurik-Road and Grand Trunk Road. There are also various schools and hospitals in the locality providing a comfortable life to the residents of the city.
Real Estate in New Chandigarh
The proposed metro project and overall sound infrastructure gives boost to the real estate in New Chandigarh. The locality is well-developed and thus attracts the attention of investors. Some of the developers who have launched projects in the vicinity are Pearls, Trishla, Ansal, Motia Group and many more.
