Airport Boost to Chandigarh Properties
Property values in Chandigarh and Mohali are expected to rise with internationalization of its airport. According to property brokers, there is a noticeable surge in inquiries for properties around airport in the past three months. Residential areas like Ram Darbar Colony, Sector 31 and Sector 47 are among the most benefited, Amit Chugh, a property broker informed. He said that an international airport will enable Non-Resident Indians (NRIs) to land on Chandigarh smoothly and therefore we can expect rise in NRI investment. At present, monthly rentals for apartments in Sector 31 and Sector 47 are from Rs 5, 000 to Rs 8, 000 and the capital values for residential plots Rs 1, 800-Rs 2, 500 per sq. ...
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