Townships Trend-II Realty stronghold

Website Link-  http://www.tribuneindia.com/2010/20100403/real.htm#1

When acquiring property in any city becomes difficult the potential of smaller townships around is put to test. The same appears to be the case with Kharar. After Panchkula and Mohali, Kharar seems to be on its way to becoming a major residential option. Grilling evidence of this is the fact that several major land promoters have come up with a number of projects at the same time for residential and commercial colonies.
Kharar is the centerpiece of Mohali district. Mohali is touted to become the next IT hub of North India. So Kharar, being placed virtually in the backyard of Mohali, will serve as a perfect habitat to the denizens of the IT hub, firstly because of its location, and secondly, because of the affordable housing it provides. Its proximity to Chandigarh has an added advantage. It is because of this influx and easier approachability to the tricity that Kharar has become a hotspot with real estate developers and buyers.


Main players
With decks being cleared for the international airport its vicinity, Kharar has become the fulcrum of transit route for entire Doaba and Majha regions, as the highway connecting the international airport with Punjab criss crosses through its heart.

This has given a boost to the development of residential settlements in the town. Name any leading real estate player and you sure to find it in Kharar. Amongst the earliest one to start the development of a township in Kharar was J.S. Bajwa, of Bajwa Developers, who developed Sunny Enclave,
“Highway connectivity with Punjab was one of the main reasons because of which we chose Kharar as a destination to develop our township here,” says Bajwa. The development of Sunny Enclave started in October, 2002. The township is spread across 600 acres. It is a complete township with housing for everyone. One can get a flat with a price tag of Rs 15 lakh and a swanky villa, which comes at a price of Rs 1 crore. Being an integrated township the promoters have constructed a gymnasium and a sports complex also. Buoyed by the positive response, Bajwa claims,”Almost 90 per cent of our villas and flats have already been sold, and construction work has been undertaken on about 50 per cent of plots.” There are about 800 families living in the township, which is a fairly decent number, given the fact that the township is on the outskirts of Mohali. Sunny Enclave at Kharar is the most developed PUDA-approved colony, and perhaps the most preferred address in Kharar. As property prices in Mohali now are way beyond the reach of common man, this colony is becoming the destination of choice for middle and upper middle class families aspiring to buy houses, shops or showrooms in and around Mohali or Kharar.
Some people have parked their funds in the townships of Kharar just for the sake of investment. Says Bajwa, ”when we started the Sunny Enclave project in 2002 we sold the plots at the rate of around Rs 1,800 per sq. yard. But now the rates have spiraled up to Rs 15,000 per sq. yard. So investment in our projects is quite a lucrative source increasing the yield of your investment.

Sunny Enclave Flats And Land In Mohali- A Fine Realty Catch

One BHK, a concept at nascent stage

Sunny Enclave is a 400 acre construction venture located near Kharar, in Greater Mohali, out of which approximately 250 acres has been developed by now and the remaining is under edifice. This development site is situated in a decisive location and is much adored not only by residents of Punjab, but by populace who have drifted from other places in India.
Bajwa Developers are amongst the foremost builders in the State and their most well-liked project, Sunny Enclave is an authorized building project by PUDA. The sanction by the Government not only improves their integrity but also intensifies the importance of the project. This housing project abides by the standard requisites by the State management. Over 60 percent of land expanse has been booked for profit-making complexes, educational institutes, parks, sanatoriums and other key amenities. This has eventually resulted in rise in cost of Sunny Enclave plots. Combined projects often coming up in the area are
definitely going to be a great advantage for local investors. It would not only add to their status but also assist to make a brand icon. The MD of Bajwa Developers and Builders is Mr. J.S Bajwa, who is celebrated property builder in this area.

Website Link- http://www.articlesnatch.com/Article/Sunny-Enclave-Flats-And-Land-In-Mohali--A-Fine-Realty-Catch/3755505

By Daily Post

Echoing the identical views that there is a great demand for one-BHK across the tricity, leading developer JS Bajwa of Sunny Enclave, said that they were also coming up with one-BHK accommodation in Sector 74-A of Mohali. “The Imperial Apartments is one of the first in Mohali to offer one BHK accommodation,” said Bajwa. Sharing further details, he said that the tentative cost of the apartment spread over an area of 640 square feet is Rs 13.5 lakh. He further said that the relatively low degree of volatility involved in one BHK apartments adds attractiveness to the product.

HIT or MISS?
Integrated townships in suburban areas offer a solution to the unavoidable urban chaos. Charandeep Singh on how successful or otherwise these township projects have been in Patiala

Patiala is a city with historical significance having a twin character. One, is the old city, around the Qila Mubarak, and the other is where city has expanded residential colonies. With the boom in real estate sector another dimension has also been added to the city. It is — Townships. Two major townships have been launched in Patiala over the past few months. Real estate group Omaxe is building the one on the Sirhind Road,, and the second is Sunny Enclave, being built on the Patiala-Pehowa road by Bajwa Builders. But will the residential flavour of Patiala absorb all these settlements? Would townships become favourite dwelling units of Patialvis?

Website Link- http://www.tribuneindia.com/2010/20100320/real.htm