Mohali vs Mullanpur? - Investment.

Mullanpur also known as New Chandigarh, is conceived by Jurong International of Singapore under the aegis of GMADA. New Chandigarh will have a unique land use mix with 386 acres being earmarked for Edu City, 413 acres for Medi-city, 75 acres for City Centre and 79 acres for Commercial Centre.

Forthcoming attractions include a state-of-the-art Cricket stadium and Academy. With ample open spaces and a salubrious environment, this area maintains a close relationship with life, here you will be nestled amidst a positive and green environment.

The Area’s strategic location ensures you stay connected, networked and in the midst of urban amenities.
Mullanpur is well connected to the Punjab University, Madhya Marg, and PGI.

Key Highlights:

  • Mullanpur, also referred to as 'New Chandigarh' is expected to be another satellite town in the northwest of Chandigarh. The open land in Chandigarh's periphery is set to shrink further with the upcoming Mullanpur township that has been planned on approximately 6,123 hectares of land within approximately 2 km drive from the PGI hospital.
  • Mullanpur micro-market is planned to be an eco-friendly and low density urbanised area, due to the eco-fragile nature of the Shivalik Hills located nearby.
  • An international standard cricket stadium of 41.95 acres has been planned by the Punjab Cricket Association (PCA) in this region.
  • A proposed Anandpur Sahib Mohali 4-lane expressway, which is going to be another route facilitating easy access from Mullanpur to Chandigarh city, Mohali and Greater Mohali.
  • Major developers present in Mullanpur include DLF, Omaxe, Manohar Singh & Co. Besides these, GMADA is offering plots in its Urban Estate project. A couple of co-operative housing societies like IAS and PCS Cooperative House Building Society, Greater Punjab Officer's Co-operative House- Building can also be seen here.
  • Kansal region is located very close to prime sectors of Chandigarh and shows promising real estate potential. Major developers present here are Tata Housing, besides which this region also witnesses some local developers' presence.
  • Metro rail is planned to improve connectivity. The tentative route is from Sector 15, Panchkula to Mullanpur, via sector 5 of Panchkula, Dhillon Complex, Chandigarh railway station, Transport Nagar, Sector 19, PGI and Punjab University.

Growth Stimulators:

  • Mullanpur: Well connected and in close proximity to prime locations of Chandigarh. Apart from this, the region is also well connected with the other satellite towns of Chandigarh.
  • Close proximity to the PGI Hospital, Punjab University and the proposed medicity, that has been planned along the Chandigarh-Siswan-Baddi road. Medicity would be a self-contained campus, with the best of housing facilities for the doctors and the paramedical staff.
  • Proposed Anandpur Sahib Mohali 4-lane Expressway.
  • Proposed metro rail connectivity.
  • Kansal is located in close proximity to prime locations of Chandigarh, Rock Garden and the Sukhna Lake.
  • The proposed metro project envisages to connect up to New Chandigarh. This will help build connectivity to planned projects in the area.
  • A new cricket stadium over an area of 40 acres to replace the PCA Stadium Mohali as a venue for international cricket matches is also to come up in the next two-three years. This will bring the area on the global map.
  • Broad road connecting Chandigarh-Mullanpur-Siswan shall give definite boost to the Master Plan Area (MPA).

Which is better ?

I don't know, but One thing is for sure that realty market in Mullanpur/New Chandigarh is Hotter than Mohali today may be because of investor or daily statements by The Dy. C.M on making New Chandigarh as a World Class city.

Today a Live example of politics affecting the development of a region could be seen in effect here where one can gauge the development of Aero city against Eco City

If you want to invest for short term, I wouldn't suggest Mullanpur based upon the recent growth patterns but if you would want to invest for atleast 4 years then I think Mullanpur is good as there is going to be much development like Medicity, Educity and a Stadium.

Moreover as per current speculation two metro station and one metro junction is coming at Mullanpur. which is adjacent to Ecocity while the speculated metro station in Mohali will not go to Aerocity.

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