Paras Panorama
Contemporary Living on the Chandigarh Corridor
Paras Panorama by Paras Buildtech offers a gated community of 260 thoughtfully designed 2 & 3 BHK residences on NH-21, Mohali-Kharar, blending seamless connectivity with modern amenities.
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Paras Panorama
At a Glance
A structured summary of key specifications, verified against official HRERA filings and developer disclosures.
Paras Buildtech
Kharar, Mohali (SAS Nagar District), Punjab
NH-21 (Chandigarh-Kharar Highway)
Available on Request
5 Towers
260 Units
Available on Request
Available on Request
RCC Frame Structure
Available on Request
Available on Request
Available on Request
Design Philosophy & Builder Pedigree
Explore the architectural vision, developer execution credentials, and handcrafted interior specifications across three comprehensive pillars.
Project Concept & Master Plan
Biophilic Architecture
Engineered for maximum daylight penetration, dual-aspect ventilation, and panoramic green sightlines.Developer Pedigree & Legacy
Paras Buildtech
Publicly traded institutional trust, flawless regulatory adherence, and benchmark delivery milestones.Interior & Finishes Specifications
Turnkey Luxury Execution
Imported Italian marble, multi-split VRV/VRF climate orchestration, and smart home automation.Curated Configurations & Starting Prices
Choose from finely detailed floor plate dimensions engineered for natural ventilation and panoramic horizons.
Efficient 2-bedroom layout with master bedroom, attached balconies, provision for modular kitchen
Spacious 3-bedroom configuration with master suite, servant quarter provision (verify), multiple balconies
Strategic Placement & Commute Benchmarks
The NH-21 (Chandigarh-Kharar Highway) stretch between Mohali and Kharar has emerged as a high-growth residential corridor driven by spillover demand from Chandigarh and IT/ITES hubs in Mohali (Phase 8/9, IT City). The micro-market offers significantly lower per-sq-ft entry points compared to Mohali sectors, while providing direct highway access to Chandigarh (approx. 15-20 mins), Mohali IISER/IT City (10 mins), and the upcoming Chandigarh Metro corridor. Institutional presence (IISER, NIPER, Army Western Command) and industrial clusters (Derabassi, Lalru) sustain rental demand.
Key Commute Times to Prime Business Hubs
Arterial Expressways & Road Links
- NH-21 (Chandigarh-Kharar Highway) - Direct Frontage
- PR-7 Ring Road (Proposed) - ~3 km
- Airport Road (Chandigarh International Airport) - ~12 km
Metro Stations & Rapid Transit
- Chandigarh Metro Phase 1 (Proposed) - Nearest planned station ~4 km
- CTU/ Punjab Roadways Bus Stops - On NH-21 frontage
- Mohali Railway Station - ~8 km
Social Infrastructure & Catchment
- St. Xavier's Senior Secondary School, Sector 44, Chandigarh (~10 km)
- Gurukul Global School, Mani Majra (~8 km)
- Doon International School, Sector 69, Mohali (~7 km)
- Fortis Hospital, Mohali (~9 km)
- Max Super Speciality Hospital, Mohali (~10 km)
- IVY Hospital, Kharar (~4 km)
- VR Punjab Mall, Kharar (~5 km)
- North Country Mall, Mohali (~8 km)
- Elante Mall, Chandigarh (~14 km)
Lifestyle Sanctuaries & Exclusive Club
Curated across wellness hydrotherapy, social entertaining lounges, and smart eco-sustainability.
Wellness & Athletics
- Swimming Pool
- Fully Equipped Gymnasium
- Jogging / Walking Track
- Badminton Court (verify)
- Kids Play Area with Soft Flooring
Leisure & Social Club
- Clubhouse with Community Hall
- Indoor Games Room (Table Tennis, Carrom, Chess)
- Senior Citizens Sit-out Zone
- Multi-purpose Lawn / Party Lawn
Safety & Sustainability
- Gated Entry with Boom Barriers & CCTV Surveillance
- Intercom Facility to Each Unit
- Rainwater Harvesting System
- Solar Lighting in Common Areas
- Fire Fighting System as per NBC Norms
- EV Charging Provision (verify availability)
Capital Growth Drivers & Rental Potential
High-net-worth ownership dynamics, corporate leaseback demand, and comparative market valuation.
Primary Growth Catalysts
- NH-21 widening and PR-7 Ring Road completion will reduce commute to Chandigarh/Mohali IT hubs
- Proposed Chandigarh Metro corridor alignment along NH-21/PR-7 enhances long-term connectivity premium
- Sustained rental demand from Mohali IT City, IISER, NIPER, and Chandigarh government sector employees
- Lower entry price point vs. Mohali sectors creates affordability-driven demand resilience
Rental Yields & Tenant Catchment
The project targets the 2-3 BHK rental segment (INR 15,000-25,000/month) driven by working professionals in Mohali IT City, Knowledge City, and Chandigarh. Proximity to NH-21 ensures quick access to employment nodes. Expected gross rental yield: 2.5-3.5% annually, with capital appreciation linked to infrastructure completion (Metro, Ring Road).
Market Competition Benchmark
Competes with projects like Wave Estate (Sector 85/99), Homeland Heights (Kharar), and Gillco Valley (Kharar). Paras Panorama differentiates via direct NH-21 frontage, established developer brand (Paras Group), and clubhouse-led amenity package. Pricing is expected at a 10-15% discount to Wave Estate/Gillco Valley due to Kharar addressing vs. Mohali sectors.
Frequently Asked Questions
Transparent statutory compliance, booking procedure, and project timelines for Paras Panorama.
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