By Dr Suvrokamal Dutta
The city of Karnal, located midway between Chandigarh and Delhi, is witnessing a boom in property prices, which by the way is far stronger than that seen in other towns of North India.
No doubt, Karnal’s strategic location is one of the reasons for its attraction to investors but you can’t overlook the abundance of good water and clean environs as well. Karnal is located on the bank of the river Yamuna. It has come into the notice of The India Street that the state government has big investment plans lined up for Karnal. The best part about Karnal is that despite being a historic city, Karnal is not over crowded.
The world-class broad highway connecting Delhi, with Karnal means that the national capital is very close to Karnal, which is another plus point for Karnal. If experts are to be believed, the Karnal bypass on the Delhi Chandigarh highway has further fuelled the property boom in the city. Big areas have been aesthetically developed by the state government in the territory opened up by this new road.
As a matter of fact, it is this supply of good property that is keeping the property boom from getting out of hand, making the present time a good point of entry for investors. Karnal city itself is quite attractive, being extremely well planned. The roads are broad and even the slip roads in the planned sectors are broader than many main roads in a city like Delhi.
In addition, there is plenty of greenery in Karnal with extensive parks having been created for the residents. Despite these inherent benefits, property in Karnal still remains affordable and even government officials and executives are buying property there for settling down after retirement.
It is the extension in the northern direction of Karnal, west of the highway going to Ambala that is emerging as the focus of attention for investors. This area is preferred because it is right opposite the well-known Oasis landmark on the National Highway and is a stone’s throw from the historic Karna lake and the golf course.
The pollution free environment has meant that many who would like a residence away from the hustle and bustle of Chandigarh or Delhi are making a beeline for the far less expensive Karnal, where facilities are available which ensure a lifestyle which would come only at astronomical prices in both Delhi or Chandigarh.
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