Witnessing massive growth, Mohali in Chandigarh has become one of the most significant destinations for investment. Chandigarh has already shown a positive sentiment as far as economic growth is concerned. Various real estate companies in Chandigarh have already reaped the benefits. Commercial property in Chandigarh presents a great prospect for investment being a city with one of the highest per capita incomes in the country. However, Mohali, a satellite city lying southwest of Chandigarh has emerged to be one of the most important cities in Punjab. This planned city has a lot to offer which has been vital in the growth of the real estate segment.
Smart city initiative– With the continual efforts and initiatives of the state government like the Smart City Mission, Housing for all by 2022, and the GMADA (Greater Mohali Area Development), Mohali has witnessed rapid urbanization and growth potential. You are offered ample opportunities and choices for commercial investment with GMADA approved projects in Mohali. District One is an upcoming state-of-the-art project that offers commercial office spaces in Mohali.
Influx of IT industries– It has become a commercial hub for investors, companies and investors are putting their money in the market. With ample land parcels and marvelous infrastructures, Mohali has become an ideal destination embarking the attention of investors. This presents plenty of job offers for the population and with Ghar Ghar Naukri by the government, the prospects become even better.
Urbanization and overall growth– The economic growth has led to the overall growth of the realty market in Mohali with commercial properties luring a good amount of traction.
Demand in the housing sector– the flourishing commercial sector has led to the growth in residential properties. With governments support various housing schemes by GMADA helps meet the needs of housing demand in the city.
Infrastructure– Enjoying an advantageous location Mohali offers great connectivity and bustling infrastructural facilities. It abounds in educational institutions with all kinds of other various important social amenities needed to lead a quality life.
