Panchkula Sector 24, Chandigarh

The controversial stilt-plus-four (S+4) housing policy in Panchkula is a major point of contention, with residents and welfare associations raising concerns about the strain on the city's infrastructure. The policy, which allows for increased vertical expansion, is being challenged in court, with a critical hearing scheduled.

The Haryana government has proposed amendments to the Haryana Building Code, 2017, making EV charging infrastructure mandatory in new residential and non-residential projects. TThe exemption of EV charging infrastructure from Floor Area Ratio (FAR) calculations is expected to encourage developers to incorporate these facilities.

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.