Friday 22 September 2017

Why Mohali is One of the Tricity’s Top Investment Hotspots?



The demand for homes in Mohali is soaring with the each passing day. And that is calling for renewed interest in the realty sector which is reflected in this ‘future city’ of Punjab.

After many real estate projects like TDI City, Omaxe and Wave Estate, SBP Group has also launched SBP Exotic Floors in Mohali this year. However, SBP Group is already coming up with the other housing projects at the same location. This shows that Mohali is seeing a great response from developers. But, is this location right for investment?

Mohali enjoys the best locational benefits like the 3 highway connectivity providing easy access to Chandigarh, Panchkula, Zirakpur and other neighboring regions. Mohali is well connected by rail and air. Moreover, a rail link of 24 km has also been recently proposed after the survey of Rajpura-Mohali-Chandigarh track. This railway track would be connected to the main Ludhiana-Chandigarh railway line. Thus, it would be a boon for the neighboring regions to seeing the trade, jobs and routine travel of the area. Also, the NH-21 provides easy access to Himachal, Shimla, Manali, etc.

Mohali, once perceived of as an unappealing city, now finds itself at the heart of a new, better connected, Chandigarh. It is also very well connected by road. It hardly takes 4-5 hours drive to New Delhi as Mohali is connected to NH-1, which runs very close to it. Situated just 15 km away from Chandigarh, Mohali was built as an extension of Chandigarh and has now become an irresistible investment hotspot for forward-thinking buyers. As in recent years, this city has witnessed an ever-growing array of infrastructure projects like Aerocity, Knowledge Park, Golf Academy & Golf Club, Knowledge City, and Kajauli Water Works. All this shows that Mohali doesn’t play second fiddle to Chandigarh in terms of residential developments, power resources, IT sectors, Malls, retail, and hospitality, etc. Here are a few of the highlights that show why Mohali is a pivotal point in the region for the developers and investors alike. 

  • International Airport- 10 km 
  • Chandigarh- 9 km
  • Mohali Bus Stand- 4 km 
  • North Country Mall- 4 km 
  • Railway Station- 6 km 
  • Golf Course- 6 km 

Also Read: The Pinnacle of Amenities and Social Infrastructure

The sector-43 bus terminus is also located just at a distance of 2 km from Mohali. The national highway-21 from Mohali-Kharar road is directly connected to airport road. Mohali is a thriving business hub with landscapes dotted with IT Parks. This is why it has become a preferred choice for professionals to settle down and work. With no traffic snarls, greenery all around and massive job opportunities, businesses, and entrepreneurs are also choosing this city overcrowded cities like Mumbai and Delhi. International giants like Infosys, Philips, and Dell have already made their presence felt in Mohali. So, this city is already brimming with the potential as today it is at the forefront of economic growth and sustainability.

With the open space and green areas, alongside the major parks, communal area, and entertainment hubs, residents who invest to live in Mohali really can enjoy the best of both the worlds. Mohali’s charm is unlikely to stay uncovered for much longer.

There are many real estate developers, investors, and entrepreneurs who have realized the potential of Mohali and are investing in the area at an unprecedented pace. This city has rich investment opportunities thus wooing an increasing number of outsourcing IT companies. This has opened up the real estate sector in the city with the affordable housing projects in the heart of this vibrant locality. You can see some real-life examples of tech entrepreneurs who really feel contented to invest in the city. 

Conclusion


Mohali has already been speculated as a prime property hotspot to look out for. As the exciting transport links bring the city closer together and open up new areas of investment, Mohali is being refined. So, this calls for an opportunity for buyers, investors, potential residents to make smarter residential investment choices and create wealth for themselves.

Mohali has carved its own identity with infrastructure development, transport links, IT hubs and other hidden corners of the city. All in all, this place holds the great likelihood of good returns.

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