Zirakpur Bypass: Transforming Punjab's Commercial Landscape

The Centre has approved a Rs1,878.31-crore, six-lane Zirakpur bypass to enhance connectivity in the region. The project is expected to boost real estate and commercial activities, with Motia Guildford Square leveraging this development. Enhanced infrastructure aims to position Zirakpur as a vibrant business hub in Punjab.

In a significant infrastructural advancement, the central government has sanctioned Rs1,878.31 crore for the construction of a six-lane Zirakpur bypass. This flagship project is part of the PM Gati Shakti National Master Plan, designed to alleviate congestion in the busy Zirakpur-Chandigarh corridor. Extending 19.2 km, the bypass will provide seamless connectivity linking Mohali, Panchkula, and the forthcoming international airport, significantly reducing traffic bottlenecks.

Expected to fuel a marked increase in real estate investment, analysts foresee a 25-30% surge in commercial property demand along this newly established route. This infrastructure initiative is coherent with Punjab's vision to establish Zirakpur as a satellite business hub, drawing investors seeking high-return corridors fortified by government-backed infrastructure projects.

Strategically positioned on PR7 Airport Road, Motia Guildford Square is set to capitalize on the bypass's transformative potential. This mixed-use development, featuring high-end retail spaces, fine dining options, and entertainment zones, is strategically placed to benefit from increased traffic and rising disposable incomes. With an 85% pre-leasing occupancy and proximity to IT hubs, it promises significant footfall and rental yields, appealing to both entrepreneurs and institutional investors keen on Zirakpur's burgeoning commercial environment.

(With inputs from agencies.)