Chandigarh's real value is in secondary market
Okay I'll be honest — I'm completely fed up of renting in Chandigarh. My landlord just hiked the rent again, so I'm finally taking the plunge and looking to buy. I'm mainly eyeing Sector 49 or maybe some areas in New Chandigarh for a 2BHK, but prices are insane. My budget is around ₹80L-₹1Cr, trying to make the EMI vs rent math work. I'm wondering if anyone has actually found genuine 'price correction zones' where you can still get decent value? Or is everything just overvalued? Also, should I focus on secondary market deals? I heard you can negotiate a lot more on resale properties compared to new builder projects. What's the real total cost of acquisition like, including stamp duty and registration for a property in that range? Any advice on finding underpriced assets would be great.
Comments
Totally relate to this post! Landlords everywhere are just increasing rent blindly. I'm also looking in New Chandigarh, especially Mullanpur Garibdass, and the prices for a good 2BHK are touching ₹70-80L even for resale. It feels like we're always running behind the market. Is there any hope for us middle-class buyers?
Hope toh hai, but you need to be patient and keep looking. Don't rush into anything, that's when you make