Commercial Land 2145 Sq. Yards for Sale in Sector 17 Chandigarh

Listing ID #1227859

The property, currently non-operational, serves as a relic of the past, having previously functioned as an aging mall or theater within the bustling locale of Sector 17A in Chandigarh.

- Situated on a generous expanse of 2145.13 square yards, this property offers ample space for redevelopment and repurposing, with a considerable four-story structure, excluding the basement, presenting intriguing potential.

- The Floor Area Ratio (FAR) for this property stands at approximately 3, allowing for versatile construction possibilities and expansion.

- Remarkably, the property enjoys open access on three sides, contributing to its accessibility and potential for various uses.

- On the front side, there is a convenient parking area facing the prestigious Hotel TAJ, enhancing its practicality for customers and visitors.

- The presence of a backside parking area further adds to the property's functionality and accessibility.

- This property is under the ownership of a company, offering opportunities for corporate ventures or commercial development.

- Notably, there are no existing loans associated with this property, reducing financial encumbrances for prospective buyers or investors.

- Its strategic location within walking distance of Sector 17's shopping centre makes it an attractive prospect for retail and business ventures.

- Moreover, the property is conveniently located within walking distance of the city's largest Bank square, including the Reserve Bank of India, creating an ideal environment for financial and banking-related activities.

- Furthermore, it is within a short walking distance from various government offices, such as the Estate Office and Municipal Corporation, making it an appealing option for government-related projects or services