Due to the specific factors that include urbanization and the government’s schemes, the real estate industry in Mohali is booming day by day which indicates a promising future of real estate in Mohali.
Mohali is one of the best cities for residential & commercial projects and is witnessing rapid growth.
- Mohali is a hub for several IT companies.
- Mohali is to the west of Chandigarh.
- Mohali is a shopper’s paradise & is known for its cricket ground.
- Named again as SAS Nagar in memory of Sahibzada Ajit Singh, the eldest son of Guru Gobind Singh.
- The city along with Panchkula and Chandigarh constitute the Tricity.
Many entrepreneurs, in large numbers, are planning to venture into this market to have operations here for those who have anticipated the future of real estate in Mohali.
Top Reasons Behind The Future of Real Estate in Mohali
The futuristic projects are being planned by professional developers are not merely elevated towers with fundamental civic amenities, instead, the realtors are doing efforts to provide the best to their clients.
Growth & Development
Mohali is a fast-developing region in terms of residential and commercial projects. All credits are to the infrastructure & the addition of excellent facilities that contribute to a substantial hike in property rates.
- Tourism Potential: The city will benefit future buyers as well. People can also modify their homes to serviced apartments to cater for tourists and boost tourism potential to contribute to the economy.
- Reasonable and Realistic Prices: This area is fast developing as a great scope of residential destination owing to its seamless connectivity to Tricity quality infrastructure development at reasonable & realistic prices.
- New Industries & World-Class Institutions: New industries have been established in industrial areas & with that have attracted a large number of newcomer population.
Offices set up by the BPO industry have led to young professionals moving to the district. And also increase in the educationist in Mohali as world-class institutions have also started here with this you will see the future in real estate.
Besides, More development is expected soon as ongoing projects like the development of Medicity at new Chandigarh, construction of road from Aerocity junction to international airport, SAS Nagar, development of IT city SAS Nagar area of approx 1700Acres are in full swing.
Connectivity And Infrastructure
Mohali is a posh locality & be next to Airport Ring Road that directly connects Kharar, Panchkula, and Zirakpur.
Mohali is an advantageous position in terms of convenience and access to the major locations and has connectivity to Chandigarh and nearby cities of Ambala and Delhi as well.
There is the presence of a new international Airpot further makes Mohali a viable investment option. There is a Chandigarh metro rail project, once operational will automatically improve the travel experience for the citizens.
Mohali also offers important social amenities such as healthcare centres over 90+ schools and a plethora of shopping malls, cineplexes, eateries, retail shops, etc.
Beautiful & Spacious Properties At Affordable Prices. Projects in Mohali are designed for those who capture the excellence of luxury and love living in the lap of nature.
The residential properties are a perfect example of urban architecture loaded with all modern lucrative amenities, you will enjoy a swimming pool, kids pool multipurpose games room, theatre, guest room, and all.
These RERA-approved projects apprehend the lush green gardens and scenic view.
Property in Mohali like Nirwana Heights that is situated at a promising location NH-205 Kharar-Kurali Highway is good for investment purposes and self-use.
Jubilee Golfvista sector-91 Mohali of 6.25 acres (approx.) is a gated community that has been designed to take care of all your modern requirements.
The location of the Projects boasts quick connectivity to sprawling shopping centres, multiplex high-end eating joints which makes them a great pick for all those looking to lead a great life and see the future in real estate.
All in all, Considering the future of real estate in Mohali, Buying and Rental of all types of properties in Mohali are at a peak with the booming real estate in this region. Mohali is going to be the most favourable location for residential as well as commercial perspectives.
Written By: Jahnavi Sharma