Panchkula, a planned Satellite city of Haryana has now become a most beneficial and favorable real estate whereabouts in Chandigarh. Affordable property prices and availability of land has boosted the real estate development in this location. Therefore it comes as no surprise that so many international brand outlets, residential projects and commercial complexes are coming up in Panchkula. As land in this location is available in colossal chunks, residential demand is witnessing a steep rise. The city which was once packed with small houses and villages is now blooming with deluxe apartments and townships. The huge land parcels is also attracting many developers to launch commercial projects. IT companies, BPOs, industries and other high-rise corporate offices with top-notch amenities and well- equipped infrastructure have already marked their presence in Panchkula. Pinjore, Surjapur, HMT, Panchkula Urban Estate are the prime industrial centers of this satellite city.Factors influencing the real estate growth in Panchkula:Affordable property prices: Though as compared to last year, the property prices in the second quarter of 2013 has gradually increased but still it is seen as one of the affordable location in Haryana. According to a survey, the location has observed around 18% rise in sales price of multi-storey apartments.Educational facilities: This location is a house to many reputed schools, colleges and training centers which has escalated the demand for residential projects in Panchkula. Kendriya Vidyalaya, DAV English Medium Model Senior Secondary School, St. Xavier’s High School, Government College, Panchkula Engineering College, Industrial Automation Training Centre, CMC Academy are some of the renowned learning centers in Panchkula.Hospitality and recreation facilities: The location also boasts some well-known restaurants like Bella Vista Hotel, Red Bishops, Pallavi, Peninsula etc. The location offers many entertainment and recreation options like Fame Cinemas, Fun Cinemas, Shalimar Mall and Fun Republic Mall.Medical services: Command Hospital, Phoenix Hospital & Diagnostic Centre, Panckhula Welfare Trust Charitable Diagnostic Centre, Saket Hospital and Alchemist Hospital are nearby to the residences in case of medical emergencies.Location: The location shares its border with Mohali district which is located in Punjab. The esteemed Chandimandir Cantonment Headquarters of the Indian Army Western Command is also present in this planned city. As Panchkula is surrounded with panoramic view and verdant greenery, most of the people find it advantageous to fetch a home here. Morni is a nearby hill station. The location boasts number of tourist spots. Sector 5, a commercial hub and an area which has number of parks and theaters is also in vicinity .It is also close to the prime industrial centers; hence working professionals find it easy to commute to their work place.Transit services: The city is easily connected to other prime locations. Roadways are the major mode of transport in Panchkula. Chandigarh metro has also helped in improving the connectivity.Residential real estate:Group housing realty option and integrated townships are the current housing trends in Panchkula apart from this 2, 3 and BHK high-rise apartments are also on soaring demand. Many renowned real estate companies are coming up with posh and luxury real estate projects in Panchkula. DLF Group is all set to launch its new project named DLF Valley. The project offers 2 and 3 BHK apartments with finest amenities.Panchkula has a major prospective from property investment point of view and has the potential to grow more in future.займ на карту без отказов круглосуточновзять кредит онлайн