Sector 3, Chandigarh

sector 3 in Chandigarh is well-known among investors. this place is famous for its parks. it is a posh locality in chandigarh with many independent houses. there is a renowned park in this area is bougainvillea park. this park is filled with bougainvillea and is made in the memory of indian soldiers. it is considered a great place with a peaceful atmosphere.

sector 3 is close to nayagaon, panchkula, landran, manali, new chandigarh, etc. it is surrounded on the four sides by places such as sector 11, Sector 17, sector 26, and kaimbwala. there are many markets, malls, parks, restaurants, government offices, etc., in this location. one of the renowned parks in this area apart from bougainville park is lovers point which is reviewed as a beautiful place.

apart from recreational areas, there are also health care centers.  santokh clinic is famous in this location for providing excellent treatment to its residents. along with this, both national and international airports are not far from this area. it has many several choices in independent houses for property buyers. there are very few flats for sale in this location. the price of independent houses is in crores. independent houses are also available for rent in this place.

key highlight

• national and international airports are in and around this area.

• various modes of transport such as bus, rail, etc., are available for residents.

• this place has good connectivity to other parts of chandigarh

• good colleges in proximity to this place, such as postgraduate government college.

• property buyers can choose from 2bhk and 3bhk independent houses.

whats great?

• this place is centrally located and surrounded by essential locations.

• many markets and shops are surrounding this place for all the basic requirements of residents.

• the national and international airports are at a distance of 23.7kms from this area which means 45mins from here.

whats not great?

• there was no supply of water for two days recently in this location.

• the air quality is poor due to the burning of garbage, and authorities are trying to resolve this issue.

• it is turning into a densely populated place day by day.

Watch out for?

• authorities have decided to cut down the tariff rate from water bills in this location.

• the development authorities are planning to invest some amount for the infrastructural development of about 13 villages in chandigarh. 

• soon there will be a 24/7 water supply as a plan has been devised by authorities, which will solve the water issue. additionally, it will also reduce air pollution and prevent wastage of water.

• sensory parks, which authorities will design, are being developed keeping in mind disabled children.

property price rising factor

short term

•  excellent connectivity to other parts of chandigarh, which is a plus point.

• there are many good schools and colleges nearby.

• residents have many modes of transport in this location.

• many bus stations surround this place, and the airport can be reached within 36mins approximately from here.

• constant efforts to enhance the infrastructure by authorities will also give rise to the prices.

long term

• many infrastructural developments are taking place in chandigarh, and one of them is the development of 13 villages which will also impact the property rates.

• the 24/7 water supply project will solve water issues and also prevent wastage of water.

• authorities also have plans which will control air pollution.

other highlights

social infrastructure

there are many shopping malls, markets, restaurants, parks, etc., for the residents entertainment. this place also has good colleges such as dav college. there are temples and mosques in and around it. in addition to all this, there are also ample hospitals providing excellent treatment to the residents.

shopping complex & markets

• elante malls

• dlf city center mall

• shivalik complex

• tdi mall

• shopping center 17

• verka booth

• export hut

• city mall

• budhiraja store

• thatwardrobe

• piccadily square mall

• shopping center

• batra building

• palika bazar shopping 

• chandigarh fashion hub

health care centers

• mediclinic

• apollo clinic

• ocf estate health care center

• pristyn care

• paras bliss hospital

• lifecare masonic charitable hospital

• eden critical care hospital

• dr. batras clinic

• fortis hospital

• sanjivni health center

• dr. gupta clinic and ent care center

• chd city hospital 

connectivity & public transport

bus: there are many buses to this location. there are also several bus stands surrounding this place. the nearest bus stations are mla flats bus station, 3/4th bus station, sectt bus station.

rail: there are two railway stations near this location. they are chandigarh junction railway station and chandi mandir rail way station.

schools, banks & fitness centers 

schools in this area.

• airforce school

• carmel convent school

• government model high school

• government model senior secondary school

• tranz linguistics school of transportation

• dams chandigarh

• national institute of open schooling

• d.a.v senior secondary school

• saint soldier international school

• the new public school

banks in this area

• federal bank

• au small finance bank

• state bank of india

• yes bank

• hdfc bank

• punjab national bank

• icici atm

• punjab & sind bank

• bank of india

• canara bank

fitness centers in this area

• valentine fitness

• sigma gym

• burn gym,

• body zone fitness & spa pvt. ltd.

• fitness freak gym

• spartan gym

• boost fitness gym

• hox fitness

• anytime fitness

• sub zero fitness

popular landmarks near locality

• bougainvillea park

• park-sector11

• lovers point

• rock garden

• park 3

• leisure valley

• public park-sector10d

• pointsettia and ixora garden

micro market analysis

capital and rental trends

• the prices of properties in this area are constantly increasing. the price rise is due to the excellent connectivity and availability of all essential facilities in this area.

• the price of independent houses is in crores.  there are very few 2bhk independent houses while the price of 3bhk independent houses starts from rs1.5 crores.

• at present, there are no houses for rent in sector 3.

scope of growth

this place is growing because of continuous development in this area.

investment opportunities 

the property rates had slashed down a bit last year due to pandemics, but now it is back on track. so, it is advised to invest now.