Property for Sale in Mohali
For investors and property owners looking for new investment avenues close to Chandigarh there are several new projects to explore. Particularly, if you are willing to go for the property for sale in Mohali, you can choose from affordable homes, luxury apartments, condominiums, row houses, and ready to move apartments. It would be a good decision for you to invest in real estate projects in Mohali. The property prices in this city have significantly increased over the last decade. With infrastructural developments picking up pace, investors are keen to purchase flats and apartments in Mohali.
Some of the reputed developers that have come up with flats for sale in Mohali include the GBP Group, AV Constructions, and Jubilee. All these residential property builders are known for their elegant floor designs, plans, and quality of lifestyles. Given that the Mohali real estate market is undergoing a transformation, this would be a great opportunity for you to invest.
The property rates in Mohali have been increasing consistently, thanks to the strategic location of this place. It lies in the southwestern part of Chandigarh. Residing in this locality, the residents can get across to the reputed schools and hospitals around with ease. Moreover, the fast access to shopping zones and banks makes these new homes ideal for the residents. You can also get across to the ATM counters, business zones and other places of interest in the city with ease.
One of the key reasons for the high demand for residential properties in Mohali is the quality of lifestyle that the developers promise to the families. All the residential complexes come with play areas for children. Moreover, people across all age groups have activities to keep themselves engaged. Sports facilities are also available in the new residential complex. It would be a logical move on your end to have a look at the property rates & price trends in Mohali and make your purchase. You would appreciate the quality of lifestyle that the reputed developers have crafted for your family.
Mohali has emerged as one of the most promising investment zones near Chandigarh. The city has seen an increase in demand for real estate post the announcement by the Punjab Government of land allotments to Information Technology (IT) companies in the Information and Knowledge City in Mohali. This announcement has boosted the real estate sector in Mohali, which was suffering from the slowing economy. The new IT City in Mohali has led to the revival of the real estate market in Mohali
Mohali was renamed Ajitgarh in 2012 after Sahibzada Ajit Singh, the eldest son of Guru Gobind Singh. The city is also called to as SAS (Sahibzada Ajit Singh) Nagar, and is a part of the Chandigarh Tricity. The city was initially developed to take the housing strain off Chandigarh; however it has slowly emerged as an upcoming IT destination in Punjab.
Mohali lies to the south west of Chandigarh, and is known for its famous cricket stadium which sees many international matches. The city also has a number of renowned schools and colleges. It is also the home of Indian School of Business, one of the best management schools in India. The area has seen an increasing interest from developers like DLF, Uppal, Omaxe, Parsvanth, TDI, VERA, Sushma, and Ansals. Some of the popular projects in the area include Vera Lok Awas and Joynest MOH 1. The residential projects are affordably priced and host a number of amenities for home buyers. The new Residential projects in Mohali have kids’ play area, community centre, shopping areas, ATM, and more, so you never have to move out of your home.
With Chandigarh reaching saturation point, buyers are moving towards Mohali as the next real estate market. The city boasts of excellent infrastructure and is well-connected to surrounding areas via a strong network of roads, rail, and also boasts of an international airport. Future developments in the area include an upcoming golf course, proposed metro rail between the Secretariat and Aerocity, the City Centre and the Habitat Centre. These actors have had an extremely positive impact on the real estate trends in Mohali. These have made the city one of the most favourable investment destinations for both local investors and end home buyers.
The city has seen excellent connectivity with Delhi NCR, Punjab and Haryana, which makes it an ideal investment destination for home buyers. So if you are looking for investing in property in Chandigarh Tricity, Mohali is the best option. With the upcoming IT Park, and a number of commercial spaces, investing in the city will surely reap excellent returns.
