Outlook
The decade of the Tricity. A 2025 to 2035 outlook on where life and capital will move next.
Connectivity, capital and lifestyle migration are aligning around Chandigarh, Mohali and Panchkula in a way that has not happened in twenty years.
“The next decade in North India will be written from the Tricity outward.”
Every twenty years, North India produces one urban region that disproportionately shapes the next cycle of capital, talent and lifestyle. In the eighties it was South Delhi. In the early two thousands it was Gurugram. From now until 2035, I believe it is the Tricity.
This is not regional pride. It is what the connectivity, demographic and capital data is quietly saying.
Connectivity: the corridor decade
By 2030, the Tricity will be ringed by a near-complete arterial grid. The Mohali IT City–Kurali expressway, the Kurali bypass, NH-5 capacity upgrades and the broader Bharatmala-linked logistics network are converging into a single high-throughput region.
When connectivity moves from adequate to abundant, real estate stops being priced by location and starts being priced by experience. That is the transition the Tricity is entering.
Capital: a quiet rotation northward
NRI capital, NCR overflow and domestic HNI portfolios are quietly rotating into the Tricity. The reasons are unromantic and durable: cleaner air, predictable governance, livable density and an emerging luxury supply that finally matches buyer ambition.
Panchkula is already pricing close to NCR luxury. North Mohali is on the same trajectory with a five-year lag, which is the most investable lag in the country right now.
Lifestyle: the rise of the considered home
The Tricity buyer of 2030 will not be the same buyer as 2015. She will expect walkable communities, designed common areas, energy-aware homes and elevations that age well. Developers who serve that buyer will compound. Developers who keep building for 2015 will quietly disappear.
What this means for an investor today
If you believe the Tricity is entering a decade-long re-rating, the only question that matters is which side of the corridor you own. Central sectors are already priced. The northward arc, anchored by KBP Smart City Mohali and the broader Kharar–Kurali belt, is where the next decade of upside is hiding in plain sight.
I am building inside that thesis. I would invite serious investors to do the same.
Written by
Gaurav Kansal
Director, KBP Group. Real estate developer and investor focused on affordable luxury townships and infrastructure-led growth corridors across the Tricity region.
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