Buyer landscape in Tricity & Panchkula has significantly transformed in recent years: Aakash Ohri
The Tricity area, encompassing Chandigarh, Mohali, and Panchkula, has now evolved into a promising residential market, capturing the interest of both prospective homeowners and investors. The Tricity’s journey of economic diversification, coupled with supportive government policies, has further accelerated its growth trajectory, says Aakash Ohri, Joint Managing Director & Chief Business Officer – DLF Home Developers Ltd.
In an exclusive interview with Sanjeev Sinha, Mr Ohri talks about the current status and the future growth prospects of the Tricity region in general and the Panchkula market in particular. Excerpts:
How has the Tricity region (Chandigarh, Mohali, Panchkula) positioned itself as a prominent destination for residential real estate, and what unique factors have contributed to its emergence as a hotspot in this sector?
The Tricity area, encompassing Chandigarh, Mohali, and Panchkula, has now evolved into a promising residential market, capturing the interest of both prospective homeowners and investors. The urban infrastructure of Tricity is meticulously planned, setting a benchmark for well-designed cities, with Chandigarh being a prime example. The region’s strategic geographic location also plays a pivotal role in its prominence. Nestled in the heart of North India, the Tricity benefits from its proximity to major educational and industrial hubs. This not only enhances convenience but also cultivates an environment of opportunity and growth, drawing in professionals and families seeking a balanced lifestyle. Moreover, Mohali’s transformation into a technology and educational hub with esteemed institutions and IT parks has significantly contributed to Tricity’s ascent. The influx of a skilled workforce
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