
Panchkula Real Estate Boom: Tricity Luxury Homes Rival NCR Prices Amid Rising Demand
5/4/2025 12:10:00 PM
Panchkula, a rising star in India’s real estate market, is now setting benchmarks in luxury housing. With its strategic location near Chandigarh, Shimla, and major industrial hubs, Panchkula has become a magnet for high-value investments and premium housing. Recent reports highlight a significant price appreciation in DLF’s The Valley Gardens, where rates jumped from ₹8,329 to ₹10,556 per sqft—marking a 26.7% increase. DLF’s project, spread over 34 acres with luxury independent floors on 500 sq. yard plots, has generated over ₹1,150 crore in revenue. A ₹4 crore transaction for a single unit has further strengthened the perception of Panchkula as a serious contender in India's luxury housing market. Notably, Trident Realty is also shaping Panchkula's skyline with landmark developments like Trident Hills Township and Windsong Residences. Spread over 200 acres at the foothills of the Shivaliks, these projects combine serene landscapes with world-class amenities, attracting aspirational buyers from NCR and beyond. According to Trident Realty CEO Parvinder Singh, Panchkula is "not just growing—it’s redefining luxury." With modern architecture, scenic views, and excellent connectivity, the region is emerging as a lifestyle destination, not just a real estate market. The recent launch of The Valley Orchard in December 2023 added over 500 units to the housing stock, already witnessing a 5.5% price hike in just a few months. This reflects a nationwide trend of homebuyers shifting towards Tier-II cities for better infrastructure, cleaner air, and a premium lifestyle. As India’s real estate market moves from contributing 7% to an estimated 13% of the GDP by 2025—and a projected $4.8 trillion valuation by 2047—Panchkula’s role in this transformation is undeniable. The challenge now lies in balancing luxury demand with affordability and infrastructure readiness. Source News 18

INDIA