Mohali city owns the reputation of a bustling cosmopolitan. It is a city with hopes & opportunities. The location of Mohali next to Chandigarh has led to massive investment, especially in the IT and real estate sectors. This has resulted in the economic upliftment of Mohali, attracting new workforce on a daily and weekly basis.
Here Are The Four Good Reasons Why Mohali is a Great Investment For Real Estate:
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Rapid Commercial Growth
The focus of Punjab state government and the municipal governance of Mohali is to provide new commercial land in order to boost commerce in Mohali. Mohali was once a sleepy little town existing in the shadows of Chandigarh barely 10-15 years ago. Today, the city has transformed into a livewire city dotted with multinational businesses and large manufacturing units such as Godrej & Boyce and Hind Motos Ltd. Development of IT Parks and industrial estates has ensured that industrial growth is a permanent feature of Mohali’s economic growth.
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Opportunities for Employment
As the commercial and industrial sector grows, the job opportunities have risen accordingly. A vast number of jobs requiring different kinds of skills are available for the prospects. The prosperity of the IT industry along with IT-enabled services (ITeS) has driven the young workforce from all corners of north India to Mohali. There is also no dearth of jobs in Mohali in the real estate and manufacturing sector.
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Growth of Residential Real Estate
As the economy of Mohali grows, so does the residential real estate sector. No wonder that this growth in the residential housing sector is here to stay. This should propel investors to scout for residential properties that promise good returns in the short as well as in the long term. Buyers have many options in the city, from simple 01 BHK and 4 BHK luxury apartments in Mohali to ultra-luxurious Penthouse. And as the value of real estate continue to rise people are interested in investing their money in residential real estate.
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Infrastructure Growth
Mohali has developed its infrastructure in tandem with commercial growth. Great wide roads of the city ensure that the denizens do not have to cope with traffic jams and bottlenecking like in most other cities. A wide approach road to the airport (from Zirakpur and Kharar), smooth exit highways to Patiala, Ambala and Delhi have made life easy for the local residents. The presence of the international airport in Mohali has further escalated the reputation of Mohali as a bustling commercial center.
For real estate investment, one can discuss the prospects with SRG Developers & Promoters. Their advisory team will offer good recommendation on investment opportunities, especially regarding their 4 BHK in Mohali, which is the talk of the town.