Project Of The Week : DLF Valley, Panchkula
Panchkula is a city renowned for its aesthetic beauty, the clean environment, coupled with strong law and order. As the city lies close to India's first planned city of India, Chandigarh, Panchkula has imbibed all of its advantages to grow better. Panchkula, similar to Chandigarh, is witnessing a skewed demand for residential properties, especially by retired people. Panchkula, which is just four kilometres away from Chandigarh, is equally decent a destination to own a residential property.
So for those looking for a property in Panchkula, the renowned developer, DLF Ltd, has come up with a project 'Valley' in the Sector 3 of the city. The project, which is under-construction, will be up for possession by September 2016.
The project
DLF Valley is a township comprising 1,200 deluxe homes available in four different configurations of 2BHK, 3BHK, 4BHK, and 5BHK apartments. All of the residential units are available in different sizes, which fall between 1,475 sq ft and 3,600 sq ft. The residential community is featured with a lot of specifications that will help residents to have a comfortable and relaxed lifestyle. Some of the amenities available at DLF Valley are:
The locality
Panchkula is a beautiful place, which mesmerises the residents with its peaceful yet lively ambiance. Having a home in Panchkula is certainly a dream come true for many people. DLF Valley is located in Sector 3, which is one of the hottest residential colonies of the city. It enjoys good connectivity with the other areas and has a well-established infrastructure. Some of the advantages of the project location are:
Infrastructure & future prospects
Panchkula is a part of the Tri-City metropolitan region (Chandigarh-Mohali-Panchkula metropolitan region) takes a lead on being one of the most planned developed cities of the country. The city also attracts tourists and promotes the concept of holiday homes.
The city has been well-developed with strong civic and social infrastructure. It has properties, which are equally good as Chandigarh and Mohali, but affordable.
The price
The developer is offering the apartments at DLF Valley for a price of Rs 4,000 per sq ft, which is on par with the average price of the locality. The apartments here cost between Rs 59 lakh-Rs 1.44 crore. Some of the similar properties that are located nearby and in Chandigarh include Suncity Parikrama, Ireo Fiveriver and Parsvanath Royale, and are priced at Rs 6,500 per sq ft, Rs 5,805 per sq ft, and Rs 4,250 per sq ft, respectively.
The developer
DLF Ltd is one of the prominent real estate developer of our country, known for the development of luxurious residential properties other than commercial establishments including corporate buildings and malls. Incepted in 1946, DLF has been successful in acquiring a distinct brand image.
PropGuide's remarks
Parameter | Rating |
Project | Very Good |
Price | Very Good ( Affordable) |
Locality | Very Good |
Builder | Very Good |
Overall Recommendations
DLF Valley is for those who want to lead a peaceful life in a city, which has everything to support in terms of the facilities along with a serene environment. The locality has great prospects that makes it a good option for investors, too.