Mohali is the upcoming tier-II city situated adjoining to Chandigarh which is the capital city of Punjab. The city has evolved with many developments in recent years and focusing towards becoming an high-end mega township. The luxurious infrastructure, safe neighborhood and other recreational amenities in the proximity of the city influences the home buyers to buy plots near sector 99 in Mohali.
Here are some of the reasons to buy properties in Mohali:
Real estate growth
Mohali’s real estate sector is booming with much advancement in its commercial and residential properties. Major real estate developers in the nation are penetrating into the city for its potential to become one of the smart cities in India. Mohali is developing at a faster pace to provide great infrastructure at an affordable price to the home buyers.
Infrastructure development and transportation facilities
The city is best known for its cricket stadium and is a promising IT destination. Mohali remains the cricketing destination of the north, with Punjab Cricket Association’s celebrated world-class stadium located in the city. Many cricket lovers show interest to buy plots near Mohali cricket stadium so that they can enjoy every cricket session in their neighborhood.
The well-connected roads within the city connecting to the outer cities make the travel to neighboring places easier. The seamless connectivity to the nearby airport, metro stations, and Golf course are the other key attractions of Mohali. Also, the government has planned to begin a new international airport operational soon in Mohali, makes it as a prospective investment to the NRIs and other investors.
Due to the real estate market growth and demand from prospective buyers in Mohali, many builders create both commercial and residential projects. The property in Mohali comprises of all types of real estate units which makes it a lucrative option for many investors looking at reality projects as an investment choice.
If you are looking to invest and enjoy regular income stream through rental of a property, Mohali would be the best investment destination. The faster development of infrastructure and addition of excellent facilities has contributed to a substantial rise in property rates in the city that has benefitted investors and will benefit future buyers as well. An investment in any kind of property in Mohali is surely beneficial for the investors.
There are many companies in the IT parks, which provide huge employment opportunities to its residents nearby and even outsiders. Also, the other commercial properties in Mohali create many job opportunities for both skilled and unskilled labors.
With all these reasons, Mohali is a city where you can pin your hopes on for the real estate boom. Invest early before the prices rise too high and gain more benefits in the long run. Upcoming projects from the government will make the way for the city to rise as a metropolitan and will work as a major boost for the investors to buy properties in Mohali.