Tri City’s Real Estate Sector attracts investments from Patiala
SUSHMA Group, one of the largest real estate developers from Punjab organized a press conference in Patiala to showcase their residential projects to the dwellers of the royal city and to invite their interest towards investing in Tri City. The group presented their projects and elaborated the residents about the current status of the real estate sector and also came forth with the benefits of investing with SUSHMA Group. Along with covering Patiala, the group talked about this time being the best for investment.
In the recent past, the real estate sector has been witnessing revival and Punjab including Tri City being a productive land has shown various positive signs. With the International Airport allowing wide-bodied aircraft to operate 24 hours and connect Chandigarh to destinations in Europe, US and Australia, aspires to bring in more investors. Also, with increasing sales trend in Tri City, the residential segment ensures to become a favorable investment as it has been yielding good returns. As per the records of the company in Q1 CY 2019, Patiala and its surrounding areas have constituted to around 12 % of sales of Sushma Group. Also on the basis of a research report, Tri City has only 24 months of unsold inventory thus showing a substantial growth in the real estate sector of the region.
Owing to the humongous sales from Patiala and keeping the tradition of building projects with the highest rentals and resale values alive, SUSHMA Group is offering 12 % guaranteed returns on commercial projects. Through the journey of a decade, SUSHMA has already delivered 10 residential and commercial projects in Tricity, naming few – SUSHMA Grande, SUSHMA Infinium, SUSHMA Homework, SUSHMA Villas, SUSHMA Elite Cross, SUSHMA Green Vista, SUSHMA Urban Views, SUSHMA Atrium, SUSHMA Crescent and SUSHMA Urban Plaza . Each of its projects defines quality living with remarkable Post Management and professional Support team for maintaining the delivered projects.
Prateek Mittal, Executive Director, SUSHMA Group said, “Over the past few years there has been rapid infrastructural development in Tricity, specifically in Zirakpur and its periphery. The 24/7 functionality of Chandigarh International airport with added international destinations has given a further boost to Tricity’s real estate and its direct connectivity with Zirakpur has made it the hottest spot for investment.”
“Talking about Patiala, the region has always been a major contributor with a maximum demand of people. With major developments happening in Tri City and with our projects in the vicinity, the group aspires to attract a large number of buyers and investors from Patiala.”