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Zirakpur is a satellite town of Chandigarh located in the Mohali district of Punjab. It is set on the foothills of Aravali hills. Located on the Chandigarh-Delhi highway, it shares its border with Panchkula (Haryana). It is part of the tehsil Dera Bassi.After assessing cities on the basis of five key parameters — real estate, people, physical infrastructure, social infrastructure and business environment — a recent study concluded that India’s hottest emerging city is Chandigarh. Indias first planned city got top ranking for the potential of its real estate market, physical infrastructure and business environment. While there is little space left within the city itself, Chandigarh scores because of the rapid development taking place on its outskirts, in areas like Panchkula, Mohali, Zirakpur and Dera Bassi on the Chandigarh-Ambala highway. Good connectivity, low operational costs and high disposable income also contributed to it being declared India’s hottest emerging city.
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