Sector 5, Chandigarh

sector 5 in Chandigarh is popular among investors. this place is famous because it is the place of residence for many vips. it is a posh locality in chandigarh. there are several parks to visit in this area. this place is famous for sukhna lake park, which is reviewed as a calm and peaceful location.

sector 5 is close to places such as nayagaon, panchkula, landran, manali, etc. it is surrounded on the four sides by places such as sector 8a, sector 6, sector 4, and kaimbwala. there are many markets, malls, parks, restaurants, etc., in this location. one of the renowned parks in this area is green belts children park which is reviewed as the best park for children.

apart from recreational areas, there are also health care centers. apollo clinic is well known in this location for providing quality treatment to its residents. along with this, both national and international airports are close to this area. it has many options in independent houses for property buyers. there are very few options in apartments. the price of independent houses is in crores. however, you will see apartments for rent in this location.

key highlight

• both national and international airports are in proximity  to this area,

• there are several modes of transport such as bus, rail, etc.

• this place has good connectivity to other parts of chandigarh

• many well-known colleges are surrounding this place, such as dav college.

• property buyers have several options to choose from independent houses as there 2bhk and 3bhk independent houses.

whats great?

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

• there are many markets and shops around this place to suffice the basic needs of residents.

• the national and international airports are not that far. they are at a distance of 22.2kms from this location which means 36mins from here.

whats not great?

• no supply of water in the afternoon was reported recently from 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 thickly populated place day by day.

Watch out for?

• authorities are planning to cut down the water price in this location.

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

• a 24/7 water supply project will solve the water issue. it also has plans to reduce air pollution and wastage of water.

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

property price rising factor

short term

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

• there are many good schools and colleges nearby.

• several modes of transport are present in this location.

• many bus stations are surrounding this place, and the airport can be reached within 36mins.

• continuous developments 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.

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

• authorities also have plans to contain air pollution.

• property buyers and investors have several options to choose from.

other highlights

social infrastructure

there are various shopping malls, markets, restaurants, parks, etc., for the residents entertainment in this area. 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 quality treatment to the residents.

shopping complex & markets

• elante malls

• dlf city center mall

• hi5 mall

• tdi mall

• shopping center 17

• verka booth

• city emporium mall

• city mall

• satguru car deals

• thatwardrobe

• piccadily square mall

• shopping center

• batra building

• palika bazar shopping 

health care centers

• mediclinic

• apollo clinic

• ocf estate health care center

• pristyn care

• ircc hospital

• lifecare masonic charitable hospital

• eden critical care hospital

• dr. batras clinic

• fortis hospital

• sanjivani 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 are22mmkt, 22/21, 21/22, aroma bus station.

rail: there are two railway stations near this location. they are chandigarh junction railway station, sas nagar mohali railway station.

schools, banks & fitness centers 

schools in this area.

• gur sagar international public school

• carmel convent school

• sacred heart senior secondary school

• st. johns high school

• saint kabir public school

• bhavan vidyalaya

• strawberry fields high school

• saint soldier international school

• chitkara international school

• st. annes convent school

• st. soldiers school

• delhi public school

• gursagar cricket academy 

banks in this area

• citibank

• idbi bank swastik vihar

• state bank of india

• indian bank

• hdfc bank

• oriental bank of commerce

• icici atm

• punjab & sind bank

• state bank of india

• yes bank

fitness centers in this area

• lake club gym

• shrug life crossfit

• burn gym,

• body zone fitness & spa pvt. ltd.

• city athletic center

• spartan gym

• boost fitness gym

• octane gym

• anytime fitness

• sub zero fitness

popular landmarks near locality

• park-sector6

• park-sector1

• sukhna lake 

• public park

• park 5

• sector 26 park

• public park-Sector 10d

• sector 19a park

micro market analysis

capital and rental trends

• the prices of properties in this area are constantly increasing. the price rise is due to the infrastructural development and excellent connectivity this place offers.

• the price of independent houses is in crores.  2bhk independent house starts rs1crore.

• the rent of 2bhk houses starts from rs20,000.

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.