REAL TALK: PR11 to boost property value in Dera Bassi

Q. What are the factors making Dera Bassi an emerging real estate location in the vicinity of Zirakpur?

Dera Bassi is a highly promising location with improving connectivity. With the development of PR11, it will soon have a direct connection to Mohali, eliminating the need to pass through Zirakpur, which is often congested with heavy traffic. Dera Bassi offers more affordable options compared to Zirakpur and Mohali, with plot prices starting at Rs 20 lakh for 100 sq. yards and ranging up to Rs 33,000-35,000 per sq. yard.

Q. Which are the other locations in the vicinity of Zirakpur that homeseekers can explore?

Areas like Dhakoli and Peer Muchhalla are well-connected to Haryana and Panchkula, making them great options for buyers and end users looking for value and convenience.

Patiala Road, too, enjoys excellent connectivity. It’s close to key areas like Aerocity and IT City, making it a prime location for homebuyers who value proximity to commercial hubs and Chandigarh. The area is witnessing rapid development with various residential complexes, retail spaces, and essential amenities like schools and hospitals, ensuring a convenient lifestyle for residents.

Additionally, the upcoming corridor and the Smart City project in Rajpura, announced by the government, will further enhance the development potential of the area. These infrastructure improvements are expected to boost economic activity and improve connectivity, making Patiala Road a hotspot for both residential and commercial investments.

Q.What type of inventory can one find here?

The Patiala Road area offers a variety of inventory catering to different segments. You can find mid-segment housing, independent SCO sites, low-rise developments, industrial plots, and some high-rise projects. It’s an attractive destination for both investors and end-users, with the potential for significant growth due to its excellent connectivity with Mohali.

Q.Is there ready-to-move in inventory here?

Ready-to-move-in inventory will be available in the next six months as new projects that started last year are now taking shape. In the coming months, you can expect independent residential plots and SCO sites facing the highway to be ready. These properties will be available when you cross the Zirakpur-Patiala toll, making it a convenient and promising area for both homebuyers and investors.

Q.What are the new projects of your group being planned in this area?

Some of our exciting upcoming projects include MCC Residency, which is coming up with independent showrooms and booth sites on the main highway, as well as residential plots measuring 100, 125, and 150 sq. yds., and 3 BHK high-rise apartments. We also have Aura Valley project with residential plots and Loghut Model Town, which offers built-up showroom floors and residential plots.

All these projects are strategically located near Aerocity, Aerotropolis, IT City, Plaksha University, Infosys, and Amity University, making them ideal for both investors and end-users. The USP of these developments include their prime location, affordable pricing, and high growth potential due to excellent connectivity and proximity to major educational and IT hubs.

Q.Builders now are more aware about environment friendly construction practices as well as building plans, how much of this do you follow in your projects?

We are committed to providing eco-friendly construction by using sustainable materials, incorporating energy-efficient designs, and ensuring proper green spaces. Additionally, we take care to minimise any inconvenience to the surrounding community during construction, ensuring a smooth process for everyone nearby. Our focus is on creating environmentally responsible and community-friendly developments.