Mohali Real Estate Market: A Rising Star in Punjab
MOHALI REAL ESTATE

MOHALI


If you are looking for a place to invest in property, you might want to consider Mohali, a city that is emerging as a real estate hotspot in Punjab. Mohali, also known as SAS Nagar, is a satellite city of Chandigarh, the capital of Punjab and Haryana. Mohali offers a blend of urban and rural living, modern and traditional values, and diverse and rich cultures. It is home to some of the most beautiful and scenic places in India, such as the Sukhna Lake, the Rock Garden, the Rose Garden, and the Pinjore Gardens. It is also a hub of education, innovation, and business, with prestigious institutions such as the Punjab University, the Indian School of Business, and the Chandigarh IT Park.

Mohali has witnessed a rapid growth in its real estate market in the past few years, owing to several factors such as:

  • Superior connectivity: Mohali is well-connected by road, rail, and air to major cities in India and abroad. It has a network of national highways, expressways, and ring roads that link it to Chandigarh, Delhi, Amritsar, Ludhiana, and other cities. It also has a railway station that connects it to Delhi and other parts of the country. The Chandigarh International Airport is located in Mohali and offers domestic and international flights to various destinations.
  • Influx of IT companies: Mohali has emerged as an IT hub in Punjab, attracting many IT companies and professionals to set up their operations here. Some of the prominent IT companies that have their offices in Mohali are Infosys, Dell, Quark, Tech Mahindra, Wipro, IBM, TCS, Cognizant, and HCL. The presence of these IT giants has boosted the demand for residential and commercial properties in Mohali.
  • Ample options for commercial investment: Mohali offers plenty of opportunities for commercial investors to put their money in this market. With ample land parcels and enhanced infrastructure being the major highlights, Mohali has already established itself as an attractive destination for commercial investors. Many entrepreneurs and businessmen are planning to venture into this market to have operations here. Furthermore, the booming retail industry in Mohali is another vital factor that will keep the real estate demand steady. The Connaught Plaza is an upcoming project which will offer commercial spaces for investment and will invite top retail brands. World class projects such as the World Trade Centre are also taking the realty image of Mohali a notch higher.
  • Rising residential demand: The flourishing commercial segment of Mohali real estate has led to the growth of its residential sector. In addition, support through various housing schemes by the Greater Mohali Area Development Authority (GMADA) is also helping in meeting the housing demand in the town. For those looking for property in Mohali, apartments here are available for an average price of Rs 3,200 per sqft. A standard 1BHK home of size 700 sqft can be bought for a starting price of Rs 25 lakh. Apartments of 2BHK layouts sized at 980 sqft have an average price of Rs 30 lakh. Apartments of 3BHK layouts sized at 1,200 sqft have an average price of Rs 35 lakh whereas prices of luxury apartments sized between 1,500 sqft to 2,000 sqft range anywhere between Rs 80 lakh and Rs 1.3 crore. Rents for independent 2BHK residential properties start from Rs 15,000 per month. Zirakpur, Sector 115 Mohali, Sector 126 Mohali and Mullanpur are among the prominent localities which are witnessing good demand and number of housing projects.

Mohali is a city that has a lot to offer to its residents and visitors alike. It is a city that is evolving with time and embracing new opportunities. It is a city that is rising as a star in Punjab’s real estate market.

If you are interested in buying or selling property in Mohali, you can CALL US  for real estate transactions in India. You can find various options for flats, plots, villas, shops, offices, etc., in Mohali at affordable prices. You can also get expert advice and guidance from our team of professionals who will help you make the right decision.

So what are you waiting for? Explore the real estate market in Mohali today and find your dream home or office here!