New Chandigarh Emerges as a Major Investment & Residential Hub

Chandigarh, November 26, 2025: New Chandigarh is rapidly establishing itself as the tricity’s most dynamic and promising urban growth centre, attracting the attention of homebuyers, institutional investors and premium developers from across North India.

Jatinder Bajwa, who is a real estate expert and aware about the economic potential of New Chandigarh, while interacting with a select group of media, on the rise of New Chandigarh as the latest & most lucrative investment destination said, “I am upbeat about New Chandigarh, the township will spearhead the next phase of economic growth in the region.”

Bajwa who is also the Vice President of GB Realty – a fast growing real estate company, added: "Boosted by a sanguine outlook for New Chandigarh we are bringing the city’s first iconic certified high-rise ultra-luxury residential towers under ‘Opus One’, these will be the tallest residential towers in the township. We have received record-speed RERA approvals and are establishing contemporary design benchmarks in 'Opus One'.”

Bajwa said, “New Chandigarh offers a compelling blend of modern city conveniences and natural surroundings. Its low population density, cleaner air, carefully preserved green belts and planned urban grid are drawing families and investors seeking a healthier, future-ready living environment."

He said that people are getting fed up with high pollution levels, deteriorating AQI’s and grid locks in metro cities, and upcoming planned areas like New Chandigarh are becoming the automatic choice for them.

Bajwa added,"Connectivity remains one of New Chandigarh’s strongest drivers of growth. The under-construction six-lane expressway directly linking the township to Chandigarh International Airport is expected to significantly enhance residential attractiveness and investment demand.”

Notably, a key catalyst behind the investment momentum in New Chandigarh is the fact that Greater Mohali Area Development Authority (GMADA), is developing the township as a modern, medium-density area integrating residential neighbourhoods with education, healthcare, recreation and commercial facilities. Under GMADA’s vision, large-scale zones such as Eco City Phases I and II, Education City and Medi City are taking shape as the structural backbone of New Chandigarh.

Bajwa said, “Education City has been planned to host leading schools, universities and global institutions, while Medi City is emerging as a specialized healthcare cluster housing multi-specialty hospitals, wellness centres and research facilities.”

It is noteworthy that the presence of high-impact institutions has further strengthened New Chandigarh’s profile. In education, reputed names such as Strawberry Fields High School, Doon International School and the Narsee Monjee Institute of Management Studies (NMIMS) have already established a footprint, with multiple CBSE and ICSE schools planned within the Education City grid.

In healthcare, the Homi Bhabha Cancer Hospital and Research Centre, operated under the Tata Memorial Centre, along with PGI’s extension facilities, has made the region a vital medical hub for Punjab, Haryana, Himachal Pradesh and adjoining areas.

Complementing this is a major push in sports and recreation, marked most notably by the Maharaja Yadavindra Singh International Cricket Stadium with a capacity of nearly 38,000 seats. The hospitality sector is contributing to this upward trajectory as well. The Oberoi Sukhvilas Spa Resort, one of India’s most celebrated luxury wellness destinations, has already put New Chandigarh on the national tourism map.

Most importantly, the township's proximity to Chandigarh has emerged as one of its biggest strengths. Residents benefit from quick access to Chandigarh’s business districts, retail hubs and cultural centres, even as they enjoy a more spacious and less congested lifestyle shaped by new-age infrastructure and contemporary design.

With diverse real estate options, ranging from plotted townships and premium apartments to integrated developments and high-rise landmarks—New Chandigarh’s appeal across investor categories is wide. "New Chandigarh is giving long-term investors, first-time homebuyers, NRIs, luxury seekers and commercial buyers opportunities aligned with their objectives, supported by improved civic amenities and a fast-growing institutional ecosystem," concluded Bajwa.