It has been observed that the commercial properties in Mohali have the capability of generating regular income as such; the investors who have invested in such properties do not have to solely depend on price appreciation in order to reap the benefits. Over the last few years, the real estate market of Mohali has gained a lot of momentum and investing in commercial property here is sure to give good returns. The property prices and the economic growth of Mohali have made it one of the best places for investment. Also, owing to the many IT companies that are starting operations here, Mohali is expected to see a surge in the influx of youth, which is bound to add to the demand for properties here. Right from commercial spaces to housing complexes in order to accommodate the ever-increasing urban population, every aspect of real estate is geared up for expansion here.
If you want to know why it is the right time to invest in property in Mohali, the discussion below will be of immense help to you:
- Investing in the real estate sector, has always been one of the best forms of investment, and now that even Mohali has become a prime spot for realtors, prices of residential properties are shooting up here too.
- The existing government has brought in several business oriented plans to strengthen the real estate sector. The new norms of the FDI have further strengthened the market sentiment and the “Make in India” campaigns have increased the capital inflow, thereby increasing the demand for investments in the commercial sector.
- Every year more and more people realize their dreams of entrepreneurship and as a result of this; India has been able to gain a steady growth in the startup business. This has had a very positive impact on the real estate market as new businesses is making way for a lot of real estate investments from both the international as well as the domestic corporates. This is one of the major reasons why people are so keen on investing in a commercial property in Mohali.
- The capital price of the commercial real estate in Mohali is nearly 25% lesser than other cities in India and this is also one of the major reasons for the growing popularity of the commercial properties in Mohali.
The above discussion should give you reason enough to go ahead with the plans of buying commercial spaces in Mohali. Many new commercial and residential projects are underway and you can always get in touch with the popular realtors who have a strong presence in the real estate sector of the region so you can get profitable deals.
Many new shopping malls and other commercial spaces are coming up in the region and you can always buy a space in one of them by striking a good deal with a reputed property developer.