Flats Below 1 Crore in Tricity: Affordable Options for 2026

Property1313 Team · June 15, 2026 · 2 min read

Finding a good home under Rs. 1 crore in Tricity is very possible with the right guidance. While Chandigarh is mostly out of reach at this budget, Zirakpur, parts of Mohali and Kharar, Dera Bassi and Panchkula's outer areas offer plenty of options.

Areas to Shortlist for Flats Under 1 Crore

Zirakpur offers the widest selection. Patiala Highway, High Ground Road and the Nabha area have a good number of 3 BHK flats, many of them ready to move. VIP Road and PR-7 have options close to Rs. 1 crore for larger 3 BHK units.

In Mohali, the newer sectors along the Kharar–Landran Road, such as Sector 116, have budget-friendly options. Prime areas like IT City and Aerocity are mostly above this budget, but the emerging sectors give good value.

Panchkula's Pinjore and Kalka areas have affordable homes with reasonable connectivity to Chandigarh. Dera Bassi and Kharar are popular budget alternatives.

What to Expect in This Budget

Under Rs. 50 lakhs: 1-2 BHK in budget projects, basic amenities, developing areas.

Rs. 50-70 lakhs: 2-3 BHK in mid-range projects, gated society, standard amenities.

Rs. 70 lakhs-1 crore: 3 BHK in good projects, fuller amenities, better-connected locations.

Projects to Consider

In Zirakpur, FIO Homes on Patiala Highway has ready-to-move 3 BHK flats from ₹50.90 Lakh onwards, Aura Homes starts from ₹61,49,000 and Golden Castle from ₹87,90,000. Trishla City is listed from ₹99.12 Lakh onwards.

In Mohali and Kharar, SBP City of Dreams in Sector 116 offers 2 and 3 BHK flats from ₹64.90 Lakh onwards, and its Sector 127 project in Kharar from ₹49.90 Lakh onwards. In Dera Bassi, Steel Strips Towers on the Chandigarh–Ambala Highway is listed from ₹87.75 Lakh onwards.

Important Considerations

Verify RERA registration for every budget project. Check the builder's track record and past deliveries. Make sure basics like water supply, power backup and security are in place. Look at planned infrastructure in the area. Ask for the maintenance charge per sq.ft. and what it covers.

Home Loan Options

Most banks finance homes under Rs. 1 crore without difficulty, subject to your income and the property's papers. Ask your bank whether you qualify for any current government housing scheme, as the rules change from time to time.

EMI Calculator: work out your home-loan EMI

Property1313 lists a range of homes under ₹1 crore across the Tricity. We can arrange site visits and walk you through the documents.

Frequently Asked Questions

Can I get a 3 BHK under 1 crore in Tricity?

Yes. Among our listings, 3 BHK flats under ₹1 crore include FIO Homes on Patiala Highway, Zirakpur (₹50.90 Lakh onwards), Golden Castle in Zirakpur (from ₹87,90,000), Steel Strips Towers in Dera Bassi (₹87.75 Lakh onwards) and Trishla City in Zirakpur (₹99.12 Lakh onwards).

Which areas have the most affordable flats in Tricity?

Dera Bassi, Kharar and the Patiala Highway and High Ground Road parts of Zirakpur generally have lower entry prices. SBP City of Dreams in Sector 127, Kharar is listed from ₹49.90 Lakh onwards.

Are budget flats in Tricity RERA registered?

New projects must be registered with RERA, but some older or resale units carry no RERA number. Always check the PBRERA number on the RERA Punjab portal before booking.

Can I get home loan for flats below 50 lakhs?

Yes, all major banks finance flats in this range, subject to your income and the property papers. Ask your bank whether you qualify for any current government housing scheme, since eligibility and amounts change.

What amenities should I expect in budget flats?

Budget projects typically offer security, power backup, lifts, parking and basic landscaping. Larger amenities like a pool and gym may not be available.