Hindustan Times City Showbiz Features
Sunny Bagga: How Punjab Real Estate
Became the Top Choice for Strategic NRI
Investors
By Sunny Bagga, Vice President – Real Estate Advisory, Epique Real Ventures As Featured in Hindustan Times City Showbiz
Hindustan Times City Showbiz featured Sunny Bagga, Vice President – Real Estate Advisory at Epique Real Ventures, in an exclusive article exploring Punjab’s transformation as a premier NRI investment destination.
Punjab’s real estate market offers non-resident Indians evidence-based opportunities for high-return investment. Favourable currency trends and major infrastructure development are transforming the state from an emotional hometown connection into a strategic wealth creation destination.
EXCLUSIVE ROI ADVANTAGE
The rupee currently trades at ₹90 to the USD and ₹107 to the GBP, delivering NRIs 12-20% greater buying power compared to 2020. This currency advantage significantly improves project affordability and enhances overall investment value.
Major government initiatives like the Punjab Investment Initiative have channelled over ₹1 lakh crore into infrastructure development, directly benefiting the Mohali-Chandigarh corridor. Project completion timelines have improved by 30%, while construction delays have reduced substantially across premium developments.
Chandigarh and Mohali have effectively discovered USD/INR equivalency advantages, paving the way for solid capital appreciation opportunities.
PROVEN RETURN METRICS
Key micro-markets in Mohali recorded 9.5% annual price appreciation throughout 2025, maintaining steady returns at 12-15% in select corridors. High-rise rental demand has risen substantially, creating additional income opportunities for investors.
Verified rental yield data demonstrates 3.5-4.5% returns, translating to monthly rentals of approximately ₹25,000 for ₹60 lakh apartments. These numbers reflect genuine market performance rather than speculative projections.
NRI transactions currently account for 20-25% of luxury home purchases—a 35% increase since 2023. Upcoming motorway developments have already boosted Aerocity pricing, projected to deliver an additional 20-25% appreciation in select
corridors by 2028.
Elite township developments attract nearly ₹5,000 crore annually in high-value NRI capital, demonstrating sustained investor confidence in Punjab’s real estate fundamentals.
GROWTH FROM KEY INFRASTRUCTURE
PROJECTS
New highway networks and international airport infrastructure investments are redefining regional connectivity. The ₹8,500 crore Chandigarh-Ludhiana Highway and Bharatmala projects represent transformative infrastructure development that directly impacts property values.
The Mohali-Chandigarh corridor benefits from multiple growth catalysts :
Connectivity Enhancements:
- Airport proximity providing global connectivity within 10-15 minutes
- Highway expansion reducing travel time to Delhi NCR by 40%
- Planned metro rail enhancing local transportation infrastructure
- Smart City initiatives improving urban services and dig
Social Infrastructure:
- International schools and universities attracting educated residents
- Multi-speciality hospitals providing world-class healthcare facilities
- Shopping malls and entertainment centres enhancing lifestyle quality
- Business parks and IT hubs creating employment opportunities
Elite township developments attract nearly ₹5,000 crore annually in high-value NRI capital, demonstrating sustained investor confidence.
STRONG REGULATORY FRAMEWORK
Punjab’s RERA regulations provide robust protection for NRI buyers through mandatory transparency requirements and targeted compliance measures. Every project above a certain threshold must maintain dedicated escrow accounts, ensuring fund security and
timely construction.
The regulatory environment includes:
Buyer Protection Mechanisms:
- Mandatory project registration before marketing or sales
- Quarterly progress reporting requirements with photographic evidence
- Dedicated buyer grievance redressal mechanisms with time-bound resolution
- Financial penalties for developer non-compliance, including project deregistration
- Clear timelines for project completion with extension protocols
- Compulsory defect liability period ensuring construction quality
Transparency Requirements:
- Complete project plan and approval disclosure on RERA portal
- Developer financial statements and track record publication
- Real-time construction status updates accessible to buyers
- Carpet area calculation standardisation preventing measurement disputes
- Clear cost breakdowns preventing hidden charges
These safeguards have significantly reduced investment risk, making Punjab real estate more attractive to cautious NRI investors seeking secure wealth preservation alongside appreciation potential.
SPECIALISED CONSULTANCY SUPPORT
Epique Real Ventures, under Sunny Bagga’s leadership as vice president – real estate advisory, pioneered comprehensive NRI-focused advisory services addressing the unique challenges faced by overseas investors.
Geographic distance creates information asymmetry—specialised support bridges this gap through institutional-level service delivery. The firm’s approach combines local market expertise with international service standards expected by NRI clients.
Comprehensive Services Include:
RERA Verification & Due Diligence:
Every recommended property undergoes verification across 75+ critical parameters annually, including legal approvals, developer credibility assessment, construction quality inspection, financial stability analysis, title verification, encumbrance checks, compliance documentation, and long-term value projection.
The banking-grade due diligence process mirrors institutional investment standards, protecting clients from developer defaults, construction delays, legal complications, and hidden cost escalations.
Remote Engagement Solutions:
Virtual site visits provide high-definition video documentation, drone footage for site context, detailed quality assessments, and comparative analysis across multiple properties—all delivered remotely to clients anywhere globally.
Real-time project monitoring keeps investors informed of construction progress through monthly updates, milestone achievement tracking, quality checkpoint documentation, and transparent communication without requiring physical presence in India
Legal Compliance Support:
Complete documentation assistance ensures legally sound transactions. Services include title verification, encumbrance certificate review, registration support, FEMA compliance guidance, tax advisory for NRI property owners, and coordination across
time zones for smooth acquisition processes.
Financial Transaction Management:
Banking partnerships enable secure fund transfers through authorised channels, FEMA compliance guidance preventing regulatory violations, structured payment scheduling aligned to construction milestones, escrow account monitoring for fund safety, and repatriation support for rental income or sale proceeds.
Post-Purchase Property Management:
Ongoing support includes possession coordination with quality inspections; snag list preparation and resolution monitoring; rental management assistance connecting with verified tenants; property tax filing and compliance management; and maintenance
coordination ensuring asset protection.
EXPERT INSIGHTS FROM SUNNY BAGGA
“NRI investors are no longer viewing Punjab property purely through an emotional lens of homeland connection. They’re evaluating opportunities using the same analytical rigour applied to investments in North America, Europe, or the Middle East—examining
fundamentals, governance frameworks, and long-term risk-adjusted returns,” explains Sunny Bagga.
“Our role at Epique Real Ventures is to sit on the client’s side of the table, filter out market noise, and convert the challenges of distance and information gaps into clarity, structure, and confidence. We’ve built our reputation by treating every NRI client’s investment as if it were our own family’s money—because that level of care is what transforms transactions into trusted relationships.”
The approach has delivered measurable results: 85% client retention rate, 90% referral-based business growth, and near-zero developer defaults in recommended properties—metrics that validate the firm’s client-first philosophy.
Expert analysis reveals how infrastructure projects, favourable exchange rates, and RERA compliance are driving 9.5% annual appreciation in the Mohali-Chandigarh corridor, making Punjab a strategic choice for NRI wealth creation.
Contact Epique Real Ventures
Expert NRI Real Estate Consulting
Our specialists provide comprehensive guidance on premium projects across Mohali and Ludhiana. RERA verification, legal documentation, banking-grade due diligence, virtual site inspections, and complete investment support—our experts explain all project details and protect your largest investment.
Whether you’re a first-time homebuyer, seasoned investor, or NRI looking to invest from abroad, our team delivers personalised service tailored to your needs.
Award-Winning Excellence
- 🏆 Excellence in NRI Real Estate Consulting — The Tribune Achievers Awards 2025
- 🏆 Most Credible Brand in Real Estate Consulting — 2025-26
- 🏆 Fastest Growing Real Estate Advisory of North India — 2025
- 🏆 Startup of the Year Award — Real Estate Excellence 2025
Epique Real Ventures has earned recognition as Punjab’s most trusted real estate consultancy, serving NRI families across 15+ countries, including Canada, USA, UK, UAE, Australia, and Singapore.
Get in Touch
- 📞 Call Our NRI Specialists: +91 84275-12913 | +91 75083-56160
- 📧 Email: info@epiquerealventures.com
- 🌐 Website: www.epiquerealventures.com
- 📍 Offices Mohali: SCO-108, 1st Floor, Sector 86, Mohali – 140308, Punjab
- 📍 Offices Ludhiana: 1297/1A, 1st Floor, SBS Nagar, Pakhowal Road, Ludhiana – 141013, Punjab
- Connect With Us Linkedin Comapny : Epique Real Venture
- Connect With Us Linkedin Personal : Himanshu Pant
- Connect With Us Linkedin Sunny Bagga : Sunny Bagga
- Office Hours: Monday – Saturday, 10:30 AM – 7:30 PM IST.
