Sector 35, Chandigarh

sector 35 is one of the most prominent localities in the centre of Chandigarh. chandigarh is already reputed to be one of the most expensive cities to live in india. sector 35 is among the most expensive in chandigarh itself, so one can take a guess of the property pricing. the locality is well-planned, well-established, and well-maintained and is a posh locality with parks, hospitals, famous schools, and several offices around it. sector 35 market road splits the locality into two parts while the market is in the central area, thus, accessible for all.

sector 35 is also one of the most popular markets in chandigarh. the locality comprises mainly of residential houses and independent houses. at the same time, 3 bhk and 4 bhk are the most common housing configuration in this locality, and the prices for any such housing generally starts from inr 1 crore. the surrounding localities of sector 35 are sector 36 in the north, sector 43 in the west, sector 34 in the south, and sector 22 in the east. the dakshin marg that is adjacent to the locality connects it to the north most and south most parts of the city.

key highlights

• the locality is situated in the central parts of the city.

• the locality is well-known for its market, clothing stores, hotels, and restaurants.

• industrial area phase 1 is connected to the locality via the dakshin marg.

• jw marriott, a 5-star hotel, is present in the locality, thus, enhancing the prominence of the locality.

whats great?

• there are several parks in the locality, and the locality has lavish housing options.

• sector 35 is well connected to other parts of chandigarh, and the transportation facilities are excellent as well.

• sector 35 is known as the electronic and food hub of chandigarh due to the various outlets.

whats not great?

• the locality is not rated high in terms of parking facilities. as it is known as the food hub of chandigarh, it sees several visitors on a daily basis, and there is no ample parking space.

• the locality also, therefore, faces a lot of traffic congestion, especially in the evening. 

Watch out for?:

high rent, property price, and improper garbage dumping facilities are some issues that an investor should consider before making a decision. 

sector 35 is close to mohali, an employment hub, and upcoming apartment projects in the locality could be cheaper than expensive individual housing.

property price rising factor:

• short term- the price of houses in this locality are already quite close to its peak, and the short term factor could be the development of apartment buildings that could increase the demand for a house in this area.

• long term- property prices are likely to go up in the long term with the expansion of the city and increase in demand for real estate.

other highlights: 

social infrastructure

the locality has a good social infrastructure and is considered one of the best in chandigarh. there are well-maintained parks, schools, and hospitals all in close range for the residents.

shopping complex and markets

sector 35 is famous because of its markets that consists of several electronic shops and food outlets. the nearby markets like Sector 17 market are also among the most famous ones in chandigarh. hence, residents do not face a problem as such in the fulfilment of their shopping needs.

healthcare centres

availability of healthcare centres or hospitals in proximity to the locality is a factor that cannot be underestimated as residents take it seriously. hence, it is an important factor affecting the real estate price of an area. some of the hospitals in and around this locality are:

• gurunanak multispeciality hospital

• mukat hospital and heart institute

• landmark hospital

connectivity and public transport

the dakshin marg connects the locality to a lot of areas in the northern and southern parts of chandigarh, and sector 35, being situated in the centre, has easy accessibility to areas in all directions. public transport services like buses, cabs, autos, etc., are also good.

schools, banks and fitness centres

schools

some of the famous schools in close vicinity of the locality are:

• ryan international school

• st. soldier international school

banks

some of the banks providing banking services to the residents of this locality are:

• hdfc bank

• icici bank

fitness centres

some of the fitness centres in and around this locality are:

• suprama fitness

• ozi gym and spa

popular landmarks

landmarks help residents and visitors to pinpoint their location in the locality. the sector 35 market, the jw marriott and topiary park are some of the landmarks in this locality.

micro market analysis:

capital and rental trends: a 3bhk property in this locality would cost the investor in the range of inr 1 crore to 10 crores, while the rent for the same would cost between inr 20,000 to 1 lakh.

scope of growth- the locality is well-planned and mostly consists of individual housing. there are upcoming apartment projects in the locality that can trigger growth and demand in the area and thus the price of properties.

investment opportunities- there are several properties available for investment in this locality, and new projects are coming along as well, so opportunities are there, but it is not affordable for everyone due to the prominence of the locality.