Panchkula, Chandigarh

The Punjab Cabinet has approved a new urban development reform allowing the construction of stilt-plus-four-floor buildings in urban areas under the New Building Rules 2025. This policy aims to boost urban housing, optimize land use, and encourage vertical development. The impact will be an increase in housing stock and potentially more affordable housing options in urban centers like Zirakpur, contributing to planned urban growth.

The Punjab government has announced the elevation of the Zirakpur municipal council to municipal corporation status. This upgrade is intended to provide a more empowered civic body to manage Zirakpur's rapid urban expansion, ensuring improved governance, sanitation, water supply, and urban planning.

Haryana is developing a new policy to incentivize industrial growth in Tier-2 and Tier-3 towns, aiming for decentralized development supported by schemes like 'Cluster Plug and Play'. This initiative seeks to broaden economic development and job creation across smaller towns.

Haryana is expanding its network of common effluent treatment plants (CETPs) to manage industrial wastewater and curb pollution. Eight new CETPs with a total capacity of 146 MLD are proposed, with completion targeted by December 31, 2027. This expansion is crucial given the rapid industrial growth in areas like Gurgaon, which has often outpaced existing treatment infrastructure.

The Ministry of Housing and Urban Affairs (MoHUA) has approved a metro project for Chandigarh, Mohali, and Panchkula, with an estimated cost of INR 10,570 Crore. The 39-km metro network, excluding heritage sectors, will include bus terminals and depots and is part of a Comprehensive Mobility Plan approved in April 2023. Phase one is slated for completion between 2027 and 2037.

A proposal for an additional elevated road to decongest the stretch from Industrial Area junction to Zirakpur border is back on the table, with the Ministry of Road Transport and Highways directing a DPR preparation.

The Haryana government launched the Deen Dayal Lado Lakshmi Yojana on September 25, 2025, offering Rs 2,100 per month to women aged 23-60 with an annual income up to Rs 1 lakh. A mobile application has been launched for easy registration, and nearly 50,000 women have downloaded it with around 8,000 applications already submitted. Approximately 20 lakh women in Haryana are expected to benefit in the first phase.

The Tricity region (Chandigarh, Mohali, Panchkula) is experiencing a property market boom driven by improved infrastructure, connectivity, and a focus on quality of life, making it a preferred choice for homebuyers and investors. The post-pandemic shift in homebuyer preferences, combined with better air quality and lower population density in Tier-II cities, has positioned Panchkula and Mohali as promising real estate growth corridors.