Real Estate Chandigarh

Residential and Commercial properties in Chandigarh..

29 April 2007

Two and three bedrooms in city and suburbs

A rental of Rs 20,000 is big enough to get you a two to three-bedroom apartment in up market localities. South Delhi has limited options of two-bedroom apartments. Areas like Kalkaji and Malviya Nagar promise an area of 1,500-1,600 sq ft. North Delhi localities have plenty to offer. Areas like Gujerawal have three-bedroom floors built on an area of 250 sq yd. Suresh Sharma of Banwari Lal Properties says: “Model Town offers three plus one bedroom builder floor, but the cost is slightly higher. The area is about 2,248 sq ft.” But you will have to shell out some more money on the rent per month. At a lesser price, new builder floors are available in Gujerawal. The area ranges from 1,440-1,800 sq ft.

If you wish to live at a place, which has better connectivity, then Rohini is a good option. Also, rentals are low in the area. A fully furnished super HIG flat of 1,350 sq ft comes for Rs 16,000 per month. Even Pitampura is a good option. New builder floors of 1,800 sq ft are available here. The rental ranges from Rs 18,000-20,000 per month.

East Delhi has also got some options. Mayur Vihar Pahse I offers three-bedroom apartments of 1,650 sq ft. Moving towards the suburbs, Gurgaon has options of three-bedroom flats of 1,300 sq ft in Sushant Lok. In Mapple Height you can get three-bedroom flats of 1,250 sq ft. In this amount DLF City offers bigger space of 1,700-2,00 sq ft.

Noida’s sector 50 has three-bedroom flats of 1,800 sq ft. The sector is well connected. Sectors 39 and 28 also offer two-bedroom flats of 900 sq ft and three-bedroom apartments of 1,700 sq ft.

Chandigarh Properties
In this amount one gets several choices to pick from in Chandigarh and neighbouring Panchkula.
In Chandigarh Rs 20,000 provides for a good spacious accommodation in several sectors. First floor of 14-marla house is available in sectors 15,16, 18, 34, 35 and 36. In this amount one can also have an independent 10-marla house. The rent also depends upon the location of a house, and other facilities provided.

In most of the sectors in Panchkula, you can get first floor of a kanal house (500 sq yd) or ground floor of a 14-marla house. Another option in Rs 20,000 is an independent 10-marla house available in most of the sectors of Panchkula. Most of the flats of around 1,700 sq ft can be rented at far low rent of Rs 10,000 to Rs 11,000 in Panchkula.

In Panchkula, the culture of providing a furnished house is yet to take off, so it is advisable to look for a better location of the house, rather than keep searching for a furnished house. Nowadays, people opt for a rent agreement which is for 11 months. This lease deed includes the payment of 1.5 per cent stamp duty on the average rent of a year, registration fees, and other taxes.

The rent agreement and the lease deed include the time period for which the accommodation is rent out for, and also the rate of increase in rent over a period of time.


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