Chandigarh Tricity Tourism
Chandigarh 'Tri city' Micro Market Overview
Chandigarh Tri-City real estate market has witnessed unprecedented growth over the last few years. Within the last two years it has witnessed enormous development in relation to real estate in both commercial and residential segments. Chandigarh and the surrounding areas are becoming most important destination for thedevelopers, investors and end users looking to invest in Tier II cities. Developers have launched their projects around the city in areas like Kharar, Zirakpur, Baddi, Dera Bassi, Panchkula and Mohali.
The residential sector is showing a great amount of activity around the city. Demand for residential colonies is both investment and residential driven. Several residential blocks are coming up in the outskirts of the city. Major among these are sector grids of Mohali, Kharar Road and Zirakpur. Projects like Parsvnath Greens in Dera Bassi, Parsvnath Royale in Panchkula, Uppal's Marble Arch in Mani Majra, Ansals Golf Links in Mohali, Omaxe Greens in Dera Bassi, Emaar MGF in Mohali are in various stages of development. These projects are coming in the suburban areas of Chandigarh due to land exhaustion in the city and very limited options with exorbitant prices.
Strategic Advantage of Tri City
- Mohali and Panchkula, along with Chandigarh the capital of Punjab and Haryana have a growing commercial market.
- The Tri city has wide public parks, vibrant markets and lakes, which contribute to the high standard of living in the region
- The tri city also enjoys the geographical advantage of being close to the National Capital Region (NCR)
- Tri- City is in close proximity with some of the beautiful hills like Kalka,Pinjore, Kasauli, Shimla, Chail, Morni, Nahan
Chandigarh Tri City Potential Business Market
- Highest per capita income – Thrice the national average
- Rank 1st In the Human Development Index of the country
- Ranked 7th in the list of top 50 centers for outsourcing in the world
- Ranked 7th in terms of FDI inflow into India’s cities.
Chandigarh Tri city – Demographic Profile
Chandigarh Tri City – Economic Profile
A. Business Support | B. Infrastructure | C. Entrepreneurial Activity |
The Confederation of Indian Industry (CII-Chandigarh) and The Federation of Indian Chambers of Commerce and Industry (FICCI Chandigarh) are the key business support organisations in Chandigarh. CII-Chandigarh also has an active IT committee which meets regularly. This group shares best practices and facilitates discussion between the knowledge industry and the government. |
Chandigarh is a union territory directly administered by central government. The compact, efficient and responsive administration provides good infrastructure for business. An International Airport connects the city with national and international destinations. The city is well connected with Amritsar, Delhi, Mumbai, Chennai, Kerala and other cities by Rail network. Industrial parks in chandigarh, mohali and panchkula have been developed in recent years |
Chandigarh Administration sponsored Entrepreneurs Development Centre at the Rajiv Gandhi Chandigarh Technology Park (RGCTP), which provides office space for
small IT companies with facilities that offer ’plug and play’ facilities. "The environment in the city is favourable for innovation and enterprise" - Directorial team of Cueblocks, an IT company started by a group of entrepreneurs |
Chandigarh Tri-city – Buzzing Business Activity
1. RAJIV GANDHI CHANDIGARH TECHNOLOGY PARK (RGCTP) | RGCTP has been allotted an area of ~440 acres in three different phases It has been declared an SEZ and offers taxation benefits to companies
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2. PANCHKULA – EMERGING IT DESTINATION | Haryana Govt. has earmarked Panchkula as the next IT hub of Haryana (after Gurgaon)
Many IT majors are in process of getting land allotment in these sectors |
3. MOHALI INDUSTRIAL AREA |
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4. BADDI INDUSTRIAL AREA |
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5. ZIRAKPURAMBALA INDUSTRIAL BELT |
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Chandigarh Tri city- Tourist Destination
Chandigarh at a Glance
Location | North India |
Linking Roads | National Highway 21 and 22 |
Significance | Capital of Two States |
Postal Code | 160 017 GPO |
ISD Code | 91 |
STD Code | 0172 |
Web Site | http://chandigarh.gov.in/ |
Longitude | 760 47' 14 E |
Latitude | 300 44' 14 N |
Area | 114 square kms |
Altitude | 304 - 365 meters above MSL |
Annual Rainfall | 104.8 cm/yearly average (April 2004 to March 2005) |
Monsoon | July - September |
Climate | Winter (Nov-Jan) Min 4°C-14°C Summer (April-July) Max.37°C - 44°C |
Villages | 24 (As per 2001 census) |
Population | 35 Lacs (As per 2011 estimates) |
Urban Population | 60% (As per 2011 estimates) |
Literacy Rate | 81.9% (As per 2001 census) |
Languages | Punjabi, Hindi, English |
Best Season to visit | The best season to visit Chandigarh is autumn, i.e., from mid- August to November, when the weather is pleasant, neither too hot, nor too cold, prevalent Winds from the South East in Summer and from the Northwest in Winter. |
Air Quality | Chandigarh's ambient air quality is better than that of most other cities in the world. In Chandigarh only non polluting and power driven industries are permitted. |
About Panchkula
Panchkula, alongwith Mohali, are the two satellite cities of Chandigarh and these three cities are collectively known as Chandigarh Tri-city. Today, Panchkula, Mohali and Chandigarh are contiguous areas with only the boundary of Punjab and Union Territory of Chandigarh dividing this area. The new urban estate of Panchkula is west of Chandigarh. Panchkula is surrounded by Himachal Pradesh in the north and east, Punjab and Union Territory of Chandigarh in the west and by Ambala district in the south as well as east. The Panchkula town of the district had made rapid progress in the field of industrial development since it came into existence on 3rd July 1989. The district now has a prominent place in the industrial map of Haryana. Panchkula urban estate, H.M.T., Pinjore and Surajpur are important industrial centers.
Chandigarh Tri-city - Trading Center of North
- Chandigarh, along with Panchkula has emerged as leading trading center north of Delhi
- Majority of companies have set up at least their marketing and distribution offices in the region
- It serves as a central location to oversee operations in the states of Haryana, Punjab, Himachal and Jammu & Kashmir
Bird eye view of Panchkula & its Adjoining Areas.
Land Use Classification – Panchkula Extension Development Plan
Structure of District Panchkula
District | Sub Division | Tehsils | Sub Tehsils | Blocks | Towns |
Panchkula | 1. Panchkula 2. Kalka |
1. Panchkula 2. Kalka |
1. Barwala 2. Morni Hills 3. Raipur Rani |
1. Barwala 2. Pinjore 3. Morni 4. Raipur Rani |
1. Panchkula 2. Barwala 3. Pinjore 4. Kalka 5. Raipur Rani |
Basic Statistics
Area | 898 Sq. Km | Total No. of Villages | 236 |
Inhabited Villages | 224 | Un-inhabited Villages | 12 |
Distance from state capital | 12 | Airport nearest to District | Chandigarh Airport |
Railway Station K.M. | 4 |
Population Statistics
Population | Male | Female | Total |
Population Percentage |
257380 54.85 % |
211830 45.15 % |
469210 100 % |
Rural Population Percentage |
144971 55.64 % |
115567 44.36 % |
260538 55.53 % |
Urban Population Percentage |
112409 53.87 % |
96263 46.13% |
208672 44.47% |
Literacy Percentage |
183859 59.37 % |
125804 40.63 % |
309663 66.00 % |
Hospitality Trends in Chandigarh Tri-city
Chandigarh has four 5-star hotels- the Taj Chandigarh, Parkview, Mountview and JW Marriott has also recently opened. Apart from these, there are a number of smaller hotels of fair quality including Shivalikview, Hotel Piccadily, Sunbeam and Maya Palace.
The hotels primarily cater to corporate clientele visiting Chandigarh and the neighboring Baddi Industrial Area. The primary sectors that make up the corporate clientele include Pharma, IT, Legal, Real Estate and Telecommunications. There has been a significant increase in the number of business travelers from the IT and Pharma sector over the last few years with Chandigarh being positioned as the next big IT city with a number of medical developments.
With an international airport coming up at Mohali and major sports events such as those of Indian Premier League (IPL) taking place in the vicinity, the hospitality industry is euphoric and it is felt that the need for both budget and premium hotels is immense.Major hotel chains are moving in to tap the hospitality boom in Chandigarh. Carlson Hotels Worldwide Asia Pacific is setting up a hotel at Zirakpur, Sarovar Hotels, in synergy with James Plaza, is coming with James Park Plaza (five-star) which will come up adjacent to the existing Taj Chandigarh. Other big players from the hospitality sector, such as the Oberois and ITC have also shown interest in setting up hotels in Chandigarh.
Though there are a number of planned hospitality developments in the vicinity of Panchkula. However, he hospitality industry in Panchkula is still in its nascent stage, with an absence of branded and quality hotels in the area.
Hotel Industry-Analysis in Chandigarh
Need for Hotel Project
- Increasing commercial activity has attracted a large number of working professional to the tri city
- Tri city has emerged as leading trading centre north of Delhi
- Majority of companies have set up at least their marketing and distribution offices in the region
Demand Catalysts
IT Hub
- Rajiv Gandhi Chandigarh Technology Park
- Panchula Technology Park Phase 1
- Panchula Technology Park Phase 2
- Mohali IT Majors
Industrial Areas
- Industrial Area, Panchula
- Baddi Industrial Area
- Chandigarh Industrial Area
- Mohali Industrial Area
- Zirakhpur- Ambala Belt
- Barwala Industrial Area
Developing Regions
- Panchkula Extension 2, Sec 20-30
- Proposed Panchkula Extension 3 - Newly declared 30 sectors around Kalka-Pinjore
Proposed Hotel developments in and around Chandigarh Tricity Area:
Project Name | Location | No. of Rooms | Status |
K C | Panchkula | 130 | Opening shortly |
James Park Plaza | Chandigarh | 125 | Opening shortly |
The Lalit | Chandigarh | 187 | Under construction |
Sheraton | Chandigarh | 180 | Under conceptualization |
Ramada | Patiala Road | 150 | Under conceptualization |
In addition to above, there may be other projects which are either under development in Panchkula, Chandigarh or Mohali where the brands have not been finalized as yet.
Health care in Chandigarh Tri city
Healthcare Trends in Tri City
- Currently, Chandigarh Tri city has four multi specialty hospitals Fortis, Ivy Hospital in Mohali, Alchemist in Panchkula and General Government Hospital in Chandigarh.
- 55-60% of the private healthcare seekers in the tri city are from peripheral areas
- The best hospital is PGI, where there is an overload of cases
- Fortis provides all facilities, however, it is expensive.
Need of Hospital in the Region
- Opening of technology parks has brought working population to the city which will need better healthcare facilities
- Industrial areas like Baddi, Pinjaur, Kharar and Zikarhpur do not have good health care Infrastructure.
- Panchula has only one healthcare provider, The Alchemist.
Demand Scenario
2011 Population (In Lacs) | |||||
States | Rural/Urban | Total | Percentage of (Rural/Urban) | Male | Female |
Punjab | Total | 290.89 | 155.25 | 135.64 | |
Rural | 192.14 | 66% | 101.8 | 90.34 | |
Urban | 98.75 | 34% | 53.45 | 45.30 | |
Haryana | Total | 269.99 | 145.06 | 124.93 | |
Rural | 191.69 | 71% | 102.67 | 89.02 | |
Urban | 78.3 | 29% | 42.39 | 35.91 | |
Himachal Pradesh | Total | 71.43 | 36.26 | 35.16 | |
Rural | 64.43 | 90% | 32.37 | 32.06 | |
Urban | 6.99 | 10% | 3.89 | 3.1 |
The proposed facility in Panchkula will receive patients from all three states, but there will be more migrating health seekers from certain areas which are within the range of 20 Kms.
Punjab | Population 2011(Lac) | Haryana | Population 2011(Lac) | Himachal Pradesh | Population 2011(Lac) |
Rupnagar | 13.69 | Panchkula | 7.09 | Solan | 6.52 |
Fategarh | 6.40 | Yamunanagar | 11.96 | Bilaspur | 3.93 |
Patiala | 22.12 | Kurukshetra | 10.24 | Srimaur | 5.53 |
Nawanshahr | 6.47 | Ambala | 12.74 | Shimla | 8.43 |
Ludhiana | 37.81 | Karnal | 15.69 | Una | 5.30 |
Sangrur | 23.69 | Panipat | 13.40 | Mandi | 10.45 |
These districts are in within a range of 20 kms.
Inference
The need for a top quality, branded hotel development in Panchkula is prominent, since the demand will arise, due to the increase in demand of room nights from various companies establishing commercial developments, particularly in the IT and Pharma Sector.
The proposed development of Mohali International airport will facilitate the travel of international travelers for the purposes of business as well as medical / wellness tourism and education.The growth of the healthcare industry in the area will also contribute to growth in the hospitality sector, by creating a scope of promotion of medical tourism and development of the city as a destination for wellness. Sports tourism is also actively being promoted with the development of golf packages and additional sports facilities in the Tricity.
IT facilities in Chandigarh Tricity
Proactive IT & ITES Policies have made the tri city a hub for IT & ITES Industry
Chandigarh:
- With the establishment of Rajiv Gandhi Chandigarh Technology Park (RGCTP), Chandigarh has come up on the international map.
- According to NASSCOM, Chandigarh figures in the top 8 cities in india for prospective IT/ITes outsourcing hub.
- IT/ITeS sector in Chandigarh is expected to employ close to 85,000 – 87,000 people in the next 3 to 5 years. This has fuelled the rise in property values in panchkula and Mohali region.
- IT companies like Infosys, Virsa, Net-Solutions, Taurusagile, and IBM have established their units here.
- The Phase I of RGCTP has been accorded SEZ status
- Also, Rs120 mn Entrepreneur Development Centre (EDC) has been approved to be constructed over 1.5 acres at RGCTP.
Panchkula:
- Sec 32 has been declared as the Panchula Technology Park Phase-II.
- Sec 22 has been declared as Panchula Technology Park Phase-I.
Mohali:
- Global tech giants like Dell, Quark, Philips, Sebiz Infotech, SCL (Semiconductor Complex Limited), and PUNCOM have operations in the Mohali.