VIP ROAD ZIRAKPUR
ZIRAKPUR 

Real Estate Market in Zirakpur: A Growing Hub for Property Seekers

Zirakpur is a town located in the Mohali district of Punjab, near the border of Chandigarh and Haryana. It is part of the Tricity region, which comprises Chandigarh, Mohali and Panchkula. Zirakpur has emerged as a growing hub for real estate development and investment in the recent years, owing to its strategic location, connectivity, affordability and infrastructure.


## Location and Connectivity


Zirakpur is situated at the junction of four national highways: NH-7 (Delhi-Ambala-Chandigarh), NH-152 (Ambala-Patiala-Sangrur-Bathinda), NH-5 (Chandigarh-Shimla) and NH-205 (Chandigarh-Ludhiana). It is also connected to the Chandigarh International Airport, which is about 8 km away. Zirakpur has a railway station of its own, and is also close to the Chandigarh Railway Station, which is about 12 km away. Zirakpur is well-connected to the rest of the Tricity by road and public transport, such as buses and cabs.


## Affordability and Infrastructure


Zirakpur offers a range of residential and commercial properties at affordable prices, compared to Chandigarh and other nearby cities. According to 99acres.com, the average price of properties in Zirakpur is Rs. 3,620 per sq.ft., while the average price of properties in Chandigarh is Rs. 6,060 per sq.ft. Zirakpur also offers various amenities and facilities, such as schools, colleges, hospitals, malls, markets, parks, hotels, restaurants and entertainment zones. Zirakpur has witnessed a rapid development of infrastructure in the past few years, such as flyovers, underpasses, ring roads, water supply and sewerage systems.


## Real Estate Trends and Opportunities


Zirakpur has seen a surge in the demand and supply of real estate properties in the recent years, especially after the Covid-19 pandemic. According to Commonfloor.com, there are 35 properties for sale in Zirakpur as of December 2021, ranging from plots to apartments to villas. The most popular areas for buying properties in Zirakpur are Zirakpur Patiala Highway, Zirakpur Ambala Highway and Dhakoli. The most preferred property types are 2 BHK and 3 BHK apartments, followed by plots and villas. The average price range of properties for sale in Zirakpur is Rs. 24.99 lakh to Rs. 1.89 crore.


Zirakpur also offers various opportunities for real estate investors and developers, as it is expected to witness a further growth in the coming years. According to Financial Express, Zirakpur is one of the promising regions in Punjab that is experiencing a high as is evident from the numerous upcoming mega and small projects that are being developed in and around the city. Some of the notable projects that are under construction or planned in Zirakpur are:


- The Ananta Aspire: A luxury residential project that offers 5 BHK flats with carpet area of 2554.75 sq.ft., starting from Rs. 1.89 crore.

- Green Lotus Utsav: A semi-furnished residential project that offers 2 BHK to 4 BHK flats with carpet area ranging from 870 sq.ft. to 2120 sq.ft., starting from Rs. 75.4 lakh to Rs. 1.85 crore.

- HLP Palmillas: A residential project that offers plots with size ranging from 100 sq.yd. to 200 sq.yd., starting from Rs. 26 lakh to Rs. 52 lakh.

- The Zirk: A commercial project that offers office spaces with size ranging from 300 sq.ft. to 1500 sq.ft., starting from Rs. 18 lakh to Rs. 90 lakh.


## Conclusion


Zirakpur is a town that has a lot to offer for property seekers, investors and developers alike. It has a strategic location, connectivity, affordability and infrastructure that make it an attractive destination for real estate development and investment. Zirakpur is also witnessing a rise in the demand and supply of real estate properties, as well as a growth in the infrastructure and amenities. Zirakpur is a town that is poised to become one of the leading real estate markets in Punjab and the Tricity region.