Before investing in real estate, an individual always considers the infrastructure growth of that region. And right now, the Tricity around Shaheed Bhagat Singh International Airport is one of the fastest-growing areas in North India. It was built with an investment of around ₹939 crore. The development of this airport transformed the surrounding vicinity into premium residential and commercial attractions. Homebuyers, property buyers/developers, and investors are actively seeking deals before prices climb further. In this blog, we will share the best Real Estate Investment opportunities near Chandigarh Airport.
1. Zirakpur
Zirakpur is a town in Mohali District, Punjab, set on the foothills of the Shivalik Hills and is part of the tehsil Dera Bassi. It is the entry point to Chandigarh from Delhi. It is situated at the junction of major highways, including the Himalayan Expressway, NH-5 towards Shimla, the Ambala-Chandigarh Expressway, and NH-7 towards Patiala. It was once a cluster of small villages and is now one of the most popular real estate investment destinations.
Zirakpur offers investors the experience of Chandigarh at lower prices than in Chandigarh. You can find 3 BHK and 4 BHK flats, gated societies, villas, and commercial properties. Also, the PR-7 Airport Road Corridor is becoming an investment belt with more upcoming developments. Property prices here generally range between ₹6,500 and ₹8,500 per sq ft. On average, the spacious apartments are available between ₹40 lakh and ₹80 lakh.
Last but not least, the 5500-acre GMADA Aerotropolis project near Dayalpura is also playing a key role in the real estate demand of Zirakpur. With this project, you will witness the latest in modern infrastructure, business centres, and airport connectivity. It will create new opportunities for both rental income and long-term ROI.
2. Aerocity Mohali
Aerocity Mohali is a 1,000-acre master-planned township officially launched around 2010 by the Greater Mohali Area Development Authority (GMADA). At first, it was an ambitious mixed-use project but later took the shape of a premium real estate hub due to its strategic location next to Chandigarh International Airport. The turning point was when Larsen & Toubro (L&T) was brought in to build the township’s infrastructure, which included the 200-foot-wide road that directly connected the Aerocity to the airport. This completely changed the scenario. Investors knew that it was the next big urban growth zone near Chandigarh but didn’t know that it would happen this early.
Today, Aerocity is a strong attraction for everyone from NRIs and business owners to working professionals and long-term investors. The reason is simple. It offers literally the kind of setup modern buyers are interested in. Wide roads, organised planning, commercial hubs, premium apartments, residential plots, office spaces, IT parks, educational institutes, and airport connectivity are amenities of this area.
From the investment perspective, Aerocity Mohali stands out. Unlike many areas that rise on hype and decline over time, Aerocity is continuously in demand in terms of infrastructure. You can earn long-term value and rental income in a property. Aerocity is also a top contender for real estate potential near Chandigarh Airport.
3. PR-7 Airport Road
The PR-7 Airport Road is a 200- to 310-foot-wide arterial 6-lane highway running through the Chandigarh Tricity region. It connects Chandigarh International Airport, Zirakpur, Mohali, and Panchkula. Originally conceptualised to reduce traffic congestion and bypass city centres. However, it turned into a major commercial and residential corridor. The value of PR-7 is in how it changed the direction of investment near Chandigarh Airport. It was planned under the Greater Mohali Master Plan as a high-speed orbital corridor.
It has been noticed that there is an annual capital growth of 15–35% across many projects in this belt. The next-generation infrastructure, such as wide service lanes, green zones, LED streetlights, and urban planning, is an asset in this route. The development of commercial spaces and mixed-use developments has also increased the demand for leases, which attracts both types of buyers of rental income and long-term value.
Projects like Sushma Downtown near Decathlon and Aerovista in Zirakpur Extension are already drawing interest for their location and growing value. If you’re an investor and want to invest near Chandigarh Airport, you should definitely look at PR-7 Airport Road. You will not regret it.
4. New Chandigarh
New Chandigarh is a central business district and planned smart city near Mullanpur in the Mohali district of Punjab. It is being developed as a modern extension of Chandigarh. Under GMADA’s master plan, the city is divided into sectors and has an arrow-like focus on growth, green development, and infrastructure. It is located near the foothills of the Shivalik range. The area has fresh air, is surrounded by nature, and offers wide open spaces that you rarely find in Chandigarh and Mohali. Eco City I and Eco City II, spread across hundreds of acres, have already changed the image of this region into a premium residential zone.
New Chandigarh still offers a price advantage compared to developed sectors of Chandigarh, but infrastructure growth is burgeoning. Education City covers 1700 acres, and Medi City hosts healthcare projects. This increase in commercial activity is responsible for the high demand for residential and commercial properties. In addition, luxury townships built by developers are also appealing to NRIs, professionals, and buyers who are interested in eco-friendly living with modern amenities.
Key Takeaways
The area around Chandigarh Airport is developing at full pace. What once looked like open land and scattered development is now an investment zone. Factors like connectivity, upcoming infrastructure, and rising demand are visible on the ground. If you are planning to invest in Zirakpur, then become a member of Genesis Heights.
We are a premium luxury residential project on the Ambala–Chandigarh Highway in Zirakpur by STJ Group. We have high-rise buildings which include 3BHK, 3+1BHK, 4+1BHK apartments and penthouses. The project includes a grand 30,000 sq. ft clubhouse, swimming pool, gym, indoor games, landscaped gardens, and open event spaces. Invest today in Genesis Heights to get benefits tomorrow.
FAQs:
- Why are young buyers choosing properties near Chandigarh Airport?
Many young buyers now prefer properties near Chandigarh Airport because they offer better space, modern projects, and excellent connectivity. It is a promising combination of a balanced lifestyle and future growth potential.
- How does airport connectivity affect real estate growth?
Good airport connectivity increases demand for both residential and commercial properties. People prefer locations that reduce travel time and improve access to major cities and business zones. This demand increases the property values.
- Can property prices near Chandigarh Airport increase in the future?
Yes, property prices near Chandigarh airport can increase if the infrastructure improves. New roads, commercial hubs, and premium housing projects are already increasing demand in nearby areas.
- What makes Zirakpur a preferred investment location today?
Zirakpur offers excellent highway connectivity, modern residential projects, and growing commercial activity. Plus, it is close to Chandigarh, Mohali, and the airport. The area also provides options for both budget and luxury buyers.
