WTC Chandigarh-Aerocity Sector 66 A Mohali
Coming up Soon-Aerocity mohali
World TRADE Center (WTC) Chandigarh to be set up at Mohali
Aerocity Sector 66 A Mohali Near International Airport, Mohali, Chandigarh
Gmada aero city mohali first urban residential estate is coming up with 1000 acres of mix land use development abutting 200 wide road connecting chandigarh international airport.Gmada has named its first residential urban estate in the vicinity of the upcoming international airport as aero city mohali. The new international airport will come up on an area measuring 300 acres, And will be equipped with all the world class facilities. This project will be developed in the form of an independent integrated township. Aerocity will come up on both sides of the 200 ft. Wide link road connecting international airport from sector 66-66(A) junction to chandigarh-Patiala national highway-64 near village chhat.
- Near to delhi and patiala highway
4-Km from mohali cricket stadium
5-Km from fortis hospital
Near mohali railway station
Near upcoming gmada it-City (1900 acres)
Near mohali bus terminal, Sector 66-A (Proposed)
Nabi (National agri-Food biotechnology institute) in 35 acres
With the international airport project getting a leg up, areas in its vicinity, are getting into a revival mode
· Right entry point
· Over 75 p c projects non-starters
· Perfect answer for land crunch
· Green buildings to get extra FAR in UP
Work in progrees at the international airport
After lying low for several years against the backdrop of a slowdown in property prices, the real estate market around the upcoming Chandigarh Airport — a dream project of Punjab Government in collaboration with the Haryana Government and Chandigarh Administration — is on the threshold of a revival. The expected start of international flights from the airport by mid 2015 is the main catalyst for the renewed interest in real estate projects in this area.
Major builders in the vicinity of the airport in Mohali are all charged up to meet the expected demand for residential and commercial property, which they argue would arise when the international flights will start bringing in passengers, especially a large number of NRIs from the region, to the area. In fact, what has given the builders a reason to cheer is the fact that the alternate route from the airport to Panchkula is on a fast track and construction work has been completed till Mc’Donalds in Zirakpur. Connectivity to the major parts of the tricity through this alternate route is going to be an added advantage for all the major projects along this particular stretch of road.The state government is also in an overdrive to speed up the infrastructutre and other related development in the catchment area of the international airport. Giving information about the progress of work on the International Airport project Punjab Deputy Chief Minister Sukhbir Singh Badal had said recently, “The first phase of the airport will be completed by March 2015. For the initial three months there will be trial runs and the first International flight should take off from this airport by the end of June 2015. The completion work at the airport is in its final stage and the government is committed to facilitating all supporting infrastructure like commercial and residential projects to coincide with the opening of the airport. All pending clearances for existing projects have been put on the fast track”.
“The starting of international flights from Chandigarh will give a boost to business, specially the real estate business in Mohali and Zirakpur. The Punjab Government should remove the infrastructural bottlenecks in the area as major residential and commercial projects are coming up near the airport,” says Baldev Goel, president, Chandigarh Business Council.
Anticipating demand for residential and commercial spaces in this belt the Greater Mohali Area Development Authority (GMADA) had launched its ambitious Aerocity project in 2010. The project having around 4,000 residential plots on offer (626 of 500 sq yd size, 43 of 400 sq yd, 610 of 300 sq yd, 438 of 250 sq yd, 720 of 200 sq yd, 402 of 150 sq yd and 777 plots of 125 sq yd size ) had caught the fancy of end users, NRIs as well as investors at that time. However, GMADA missed the 2013 deadline for handing over possession to the allottees due to slow pace of development work at the site. Slowdown in the realty sector and slow pace of development work at the Chandigarh Airport also took a toll on the real estate prices in the area, especially in Aerocity project. However, over the past couple of months work seems to have picked up pace here as well . A state government officials says, “Development of this area will complement development in other areas under GMADA like Mullanpur. To ensure uniform development of all areas adjoining Chandigarh, Punjab Urban Development Authority (PUDA) recently launched ‘Gateway City’ residential scheme in Mohali. On offer are over 400 residential plots in Sector 118, 119 on Chandigarh- Kharar NH 21 at a reserve price of Rs21,000 per square yard. The two sectors are linked by 200-ft wide airport road with air conditioned bus terminal, super specialty and multi-specialty hospitals, industrial area, etc in the vicinity”.
With the work on the international airport in the final phase, the realtors whose projects are coming up in the vicinity seem to have increased the pace of development. Bestech, Janata Land Promoters Limted (JLPL), IREO, Waves group, Pearl Group and Acme group have major stakes in the area in the vicinity of the international airport.
While JLPL is an old name in the area, the Gurgaon-based Bestech group is coming up with Bestech Square, an integrated real estate development on 13 acres in Mohali. The project comprises residential condominiums, commercial/IT spaces, 4-star hotel by Radisson and a retail shopping mall.
According to Kamaljit Singh, Senior VP Sales Bestech, “The state government is going all out to facilitate development in the areas close to the upcoming international airport so that these are established as tourism and business hubs. The clearances are being provided without any untoward delay”. Bestech has developed 3.5 lakh sq ft premium residential apartments known as ‘Park View Apartment’, an equal footage in terms of a Mall that aims at middle and upper middle brands and a 6.5 lakh sq ft in Business Towers that has already tied up with multinational corporate and many airlines and travel agencies are in talks for taking up office space in the group’s business square. “Our group came to this area as it is conveniently approachable, is close to the railway station, airport, Mohali Cricket Stadium, Indian School of Business, etc. The group plans to hand over possession to customers soon. “We have already applied for the completion certificate which could be received anytime now”, informed Kamaljit.
“This area is fast developing as a great residential destination owing to its seamless connectivity to tricity, quality infrastructure developments and very affordable and realistic prices. Though development has been slow over the past couple of years but five years down the line this area will be the most soughtafter real estate location like Gurgaon is to Delhi today”, says Neeraj Saxena, Partner, Urban Umbrella DMC. The company along with M/s UK Infrastructure is coming up with a 25-acre Capital Greens residential project on Main Chandigarh-Zirakpur-Patiala Highway (NH 64), which will soon become 4-lane as the work is in progress to facilitate the traffic flow towards Aero City and upcoming Mohali-Chandigarh International Airport.
“With the new international airport becoming operational soon, Mohali will be seen as prospective international property investment destination, just like Chandigarh. NRIs have always had an interest in Mohali’s realty sector and with this new development the city is bound to see give a boost to the realty sector here. As it is an Intl. Airport it is expected to see good number of NRIs flying to the city with an aim to invest in a property, ” said Y.S. Bains, President at Wave Estate. The group is coming up with a 300-acre integrated township in proximity to the having a combination of plotted development, luxury villas, premium group housings, floors and commercial areas,
Market observers said that with the prices of residential and commercial properties in Chandigarh rising way beyond the affordable limits, property in areas around the new airport can fit into the budgets of the middle class buyers. “Affordable prices of property in the large integrated projects could be a perfect investment for the end users and investors,” said A.K Sharma, a local real estate consultant.
While JLPL is targeting the middle and lower middle classes, Bestech and Waves group are targeting NRIs and upper middle class customers for their apartments that are currently priced over Rs 1 crore a piece for a three-bedroom apartment.
Proximity to airport and alternate road are not the only USPs of the area. In fact, it has virtually been turned into an educational hub with top institutions such as ISB and NIPER in close vicinity bringing in elite clientele for the residential and commercial properties.
In fact, the large concentration of educated middle class population due to the presence of several educational institutions in the area will make the area still more attractive for investors. Since connectivity and infrastructural issues are being taken care of by the authorities concerned, the area may well experience the boom which it had missed in the past several years as properties around major airports have always been in demand.
WTC Chandigarh Aerocity – Highlight World Class Office Spaces
Chandigarh is viewed as one of the wealthiest towns of India. It’s famous base has tricked land financial specialists throughout the years. Its principle favorable position throughout the years for the home purchasers is its foundation, IT segment and close vicinity to Delhi, Haryana and Punjab.
In any case now the status of realty Chandigarh has further scored up. After its beginning, the time has now come to, where the city has sparkled the brightest of all times in the realty stadium. Some extreme advancement exercises are being seen by this Union Territory that will soon empower its intense face lift.
As of late, Chandigarh has picked up a huge consideration across the country. It has seen the greatest single resource property arrangement of the entire nation, Elante shopping center arrangement. Specialists have conclusions that the astounding Rs 1785 crore arrangement has lighted the highly required considerations for mechanical improvement of Chandigarh. Mammoth business exchanges like these can’t be just skipped through. Hailing on the wings lay by these distinct advantage bargains, more up to date improvements will grasp Chandigarh and it’s a ripe condition winning, where the purchasers and financial specialists can show their fantasy speculations.
It appears like the announcement made by the specialists were spot on the cards. In an extremely valuable move which will essentially help the development of Chandigarh, the all around eminent business system World Trade Center Association (WTCA) has propelled their yet another business wonder WTC Chandigarh Aerocity or World Trade Center Chandigarh in Mohali. WTCA is the worldwide land association headquartered in New York. It has a preeminent system in around 330 urban communities all around the world and the presentation that Mohali, Chandigarh gets with WTC will be a zenith one!
WTC Chandigarh Aerocity
It will highlight world class office spaces, retail zone, assembly halls and gathering offices in its immense one million developed zone. The tenants of this business attempt will be the piece of the worldwide system of WTCA. At WTC Chandigarh, your exchange will fly past limits. Chandigarh WTC will be the best business wager for you as it forms the most ultra cutting edge offices.
World TRADE Center (WTC) Chandigarh to be set up at Mohali in 2015 require phenomenal foundation and huge workplaces to build connection and cooperation with overall relationship to prosper and create in a colossally workable business sector. To meet the problematic requests of Indian TRADE , the WTC Chandigarh by World TRADE Center Partners was created in the Mohali of Chandigarh in Punjab. Presenting a WTC Chandigarh in North India means serving a large number of affiliations take delight in offices and business administrations as getting joy from by some other business having its office in WTC. To update, after the first World TRADE Center was set up in the New York City, in 1970 the WTCA (World TRADE Center’s Affiliation) was established to advance business improvement completed the world. In the sequential years, World TRADE Focuses were built in above 330 nations. Consent to, distinctive premise, more noteworthy than 750,000 associations are joined with the World TRADE Center Affiliation individuals Global.
WTC Chandigarh in a country is one of the longest developing cities. Chandigarh has shown signs of quick development. It was added to the status of the place. Chandigarh is well intended city, & has been carefully divided into 46 sectors. The infrastructure & amenities are very good, although the development of the population has put a strain on these positions. All the sectors of the realty industry are excellently developed, with housing, business and industrial properties getting the vastness of the concentration. A number of development organizations and developers are investing here as investment in housing & commercial developments are really feasible. Moreover, being well linked with Delhi & NCR by the greatest means accessible, has led to the furious rush for investing in the real estate Chandigarh market.WTC Chandigarh Mohali,World Trade Center Chandigarh,World Trade Center Mohali,World Trade Center Punjab,World Trade Center Chandigarh,WTC Chandigarh,WTC Mohali,WTC Punjab
As the world looks to do business with India, here is an opportunity for you to join a global brand.
- 330 cities, 100 countries, one Branded Complex
- An address that is shared by the Fortune 500®
- The most powerful business enabler in the world
Presenting WTC Chandigarh at Aerocity:
World Trade Center – Chandigarh is the first institution in the Tri-city that brings with it the legacy of World Tarde Center Association-
A WTC® building represents a global network of landmark buildings in active and planned locations across the world that work to create competitive advantage for businesses conducting international trade.
- As real estate projects, WTCs are highly desirable locations for business tenants to occupy, thus giving owners a good return on investment.
- As economic development platforms, WTCs raise the international profile of a city or region.
- As branded complexes, WTCs are landmarks in the regions that they serve.
Continuing the celebration, we bring you the gift of Best in Business and Best in Luxury:
The best location in Punjab or Haryana:
Right opposite the Chandigarh International airport, on the main crossing of Airport road & Aerocity, will stand World Trade Center, Chandigarh.
Merely 3 Km from the airport it is set to be the dynamic center of business activity.
Connected to the world:
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A lucrative investment in Three side open plot, with 8 Acres of World Class Development.
Investment starting from Rs 32.35 Lakhs only (Rates revising soon).
Payment Plans:
- C.APP Secure– 10% Return on 70% of BSP & Rest 30% as per CLP.
- C.APP Plus Plan– upgrade to 11% return with pre-payment of 70% within 90 days.
- WTC Membership Plan- 50% to be paid now & rest 50% in equal installments within 3 years after possession (valid only for WTC Signature tower)
Prices:
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Rates revising on December 5th.
About the developer:
Viridian RED
Viridian Real Estate Development was established as a vital part of Viridian’s integrated development platform, comprising of investments, development and asset management functions.
Viridian RED is highly awarded and recognized for its development of mainstream global landmarks.
Following are the two projects launched by us in the recent past:
We are proud to announce that both these World Trade Centre’s (WTC Noida & WTC GIFT) have outperformed all other commercial ventures in their geographies’ by unprecedented margins keeping with its legacy all over the world.