Chandigarh attracts big players in commercial realty
When Godrej Properties announced its plans for Chandigarh last year, it went on to prove how Chandigarh and its periphery were gaining attention from national players for commercial space as well.
Chandigarh has dearth of space as far as commercial realty is concerned and this provided an incentive for Godrej to come up with the project which is expected to be completed in two years.
Features like international airport coming and city dotting on the IT map, these are some of the features, brokers believe would call for more transnational corporations in the city , pent up the demand for commercial spaces.
With IT sector coming to the city and Chandigarh being capital of two states, most people be it from Punjab, Haryana or Himachal prefer making Chandigarh their second home destination and this is what is driving the big players to the city.
Sanjeev Sharma, broker officer of RE/MAX, a real estate franchising network maintained with good infrastructure, IT Park and premier educational institutions like ISB and IIT knocking at the doors, the signal were definitely encouraging.
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