Why you must invest in a commercial property in Mohali
Mohali is the second largest real estate destination in the state after Chandigarh. Its easy connectivity with the other big cities of Northern India, the presence of global companies in the region, international airports, and the availability of quality educational institutions, already make Mohali a preferred residential hub. When a locality witnesses the growth of residential developments, the mushrooming of commercial property is obvious. So if you are considering buying a commercial property in Mohali, you have made just the perfect investment move!
1.Part of India’s 1st planned city
Mohali is a part of the Chandigarh Tricity and India’s first planned city. Also known as SAS Nagar, Mohali is home to plenty of job opportunities. State government initiatives like ‘Ghar Ghar Naukri’ bolstered by the presence of several IT companies in the city have created a sea of opportunities for many.
With quite a lot of land parcels available and rapidly improving infrastructure, Mohali has turned into an attractive destination for commercial investors. Mohali’s booming retail industry is another factor contributing to the city’s rising real estate demand.
Mohali is also part of the country’s smart city mission which has raised the number of realtors bee-lining to make their mark in the city.
2.Booming residential sector
The happening commercial developments in Mohali have contributed to the growth of the city’s residential sector too. Support of various housing schemes by the government like the Greater Mohali Area Development Authority (GMADA) is also helping to create great living spaces in Mohali.
3.A bustling IT hub
Mohali is the latest addition to Indian cities housing top names of the IT industry. Top companies like Dell and Emerson have their offices in Mohali’s busiest sectors making it a sought-after IT hub with residential and commercial growth.
4.A great infrastructure
Mohali enjoys an advantageous position when it comes to access to key locations and convenience. The 200-ft ring road and the rail network enable easy connectivity to Chandigarh and nearby cities of Ambala and Delhi. The presence of the new international airport contributes to Mohali’s rise as a prominent investment destination. The upcoming Chandigarh Metro Rail project will further boost the transportation infrastructure of Mohali.
Mohali is also home to prestigious institutions like the Indian School of Business (ISB), the Chandigarh Business School (CBS), the National Institute of Pharmaceutical Education and Research and other prominent law and medical colleges. Mohali is most famously known for its cricket stadium and has no shortage for other important social amenities like healthcare centres, schools and a plethora of shopping malls, cineplexes, eateries and retail shops.
For excellent ROI, invest in Emaar’s Central Plaza, a collection of premium retail and office spaces in Mohali Hills by the creators of Capital Tower in Gurugram.