Mohali is the next real estate destination after Chandigarh
Situated at just 8 km away from Chandigarh (the capital of Punjab), Mohali has always grabbed the attention of real estate developers and industries in the past. With IT companies showing interest for expansion in this region, it is turning out to be another business hub of north India after Gurgaon. Spread in 300 acres and witnessing high infrastructural development with time, this place is one of the favourite places for those who want to own residential property in Mohali
With significant investment done by real estate developers in both residential and commercial sectors in Mohali, the day is not far when it will turn out into a smart city from the infrastructural point of view. As a part of the tri city, which includes Chandigarh, Panchkula and Mohali, this place offers a lot of potential in real estate sector.
Better connectivity with the outer world
With the international airport in Mohali to be operational soon, this place will now be connected to the global world, and thus, attract the attention of NRIs who want a property in their native country as well. With Chandigarh getting quite populated and the prices of property reaching new heights, Mohali is offering a sigh of relief to those who want to have a residential property near the capital city of Punjab. Even those who have their own house in their hometown cannot resist the charm of owning a residential property in Mohali.Its proximity with the major tourist places in Himachal Pradesh further adds to its importance as a place whichis connected to all major places around.
The hometown of cricket lovers
Always in news for its steel industry, Mohali is also a common name in the cricket world of India. The cricket stadium at Mohali has comparatively lower floodlights in order to prevent any chance of colliding with flights landing to and departing from Chandigarh airport. This makes this cricket stadium, which hosts many international matches, quite unique. With the capacity of 28,000 audiences, this stadium hosted the World Cup finals of 2013 and is the home ground of the Punjab’ team in IPL. The cricket-crazy population of Punjab will be quite interested in owning residential flats in Mohali so that they can enjoy every match in the town live from the stadium.
The place has its own tourist attraction
The Amb Sahib Gurudwarain Mohali is one of the finest examples of Sikh architecture and is a place for those who want solace in the serene atmosphere of a religious place. Another tourist attraction of this place is the Bhakra Nangal Dam built across the Sutlej River. The lush green environment around this dam makes it an ideal picnic spot for families and friends. With some major tourist attractions, Mohali offers great opportunity to those who want to own service flats and later give it for rent to tourists. Many NRIs are buying property in Mohali with the purpose of turning it into an abode for tourists.
Mohali is the new IT hub
With the plans of the Punjab Information and Communication Technology Corporation to develop Mohali into a hub of IT and electronics, this place is expected to attract many more companies in near future. With companies like Infosys and Huawei having their offices in Mohali, this place promises employment and residential facility to many. As many IT companies and BPOs are being set up in the industrial area and IT park of Mohali, the demand for residential property in Mohali is bound to rise.
The next home for golf lovers
Forest Hill Golf & Country Club and Ansal Golf Links give more reasons to golf lovers to own a property in Mohali. Golf is not just a game but a passion of the elite class, who won’t mind owning a residential flat in Mohali to relax after an exhaustive day at the course. Those who are passionate about golf can also own a lavish flat in Mohali to enjoy vacation with family and friends. The beautiful terrains and fresh plantations at the Forest Hill Golf & Country Club make it a preferred golf course of many professional golfers in India.
The Greater Mohali Area Development Authority (Gmada) Expressway, which connects the Chandigarh-Mohali region with other big and small towns in the state, the real estate in Mohali is enjoying the best time in terms of expansion and profit. It’s a profitable time not only for realm estate developers, but also for those who are planning to buy a property away from the chaos of tier-3 cities but without compromising on any world-class facility.