Chandigarh has always been on the top list of everybody and is a major hub of settlement. It has always been a center of attraction for real estate developers because of the beautiful ambiance, lush greenery which proves to be a great workplace for the workers too. It also offers employment opportunities with a number of global technology giants moving in this city. People from all over the country have been seeking to settle in this city. Chandigarh offers wide opportunities for everybody. Being loaded with all state of art amenities, Chandigarh is one of the wealthiest places in the country. It has a high quotient living standard with almost everything one might need to settle in the ideal city. It is also known to be the first planned city of India. But if you are looking for upcoming projects in Chandigarh then you can consider Mohali as an alternative that has already embarked the attention of builders and investors. Mohali has a growing retail market with magnificent infrastructural facilities. It has become one of the hottest selling sites.
In this blog, we will talk about why Mohali is ideal for you and also about some of the things a purchaser ought to keep in mind before purchasing any property.
As we already know purchasing a commercial property is often a tough task. Even though investing in real estate has proved to be highly desirable and a profitable decision, but it has a lot of associated risks. The land is a rare asset and it cannot be produced instantly in the blink of an eye. The supply of land is quite high, limited due to a lot of investors and homebuyers alike are competing to buy a property or plot. Real estate investments do offer a good high-value risk-return but the risks involved are too high which you can mitigate using your experience making the investment less risky. Important factors that make real estate investments less risky are as follows:
- Geographical area- One needs to make sure that the location of the property comprises plenty of amenities and resources along with less mortgage rates. Any property with higher inflation rates needs to be looked after prior to making an investment. The best thing about Mohali is that it boasts great connectivity and conveyance, and a property can be procured with a nominal budget. Mohali has direct connectivity to cities like Ludhiana, Chandigarh, Ropar, and Himachal Pradesh, so on. Its close proximity to Chandigarh makes it the second-best option for the commercial and residential sector. Mohali is well connected internally with an active roadway network which includes about 52 kilometers of the National Highway and 1272 kilometers of state highways. Moreover, Mohali has all the amenities making it an ideal place. About 260 acres of land has been allocated for the establishment of hospitals and medical healthcare centers.
- Market Behavior- Recent market behaviors suggest Mohali be a preferable place for investment. Since the advent of the leading IT companies and other global giants here, there has been a rise in demand in the market for properties. Since the population is rising and a lot of major companies are settling in, Mohali is riding high on demand for ventures. Recent market behavior shows a good history of land appreciation as this city is rapidly developing making investments here to be safer and less prone to risks.
- Population density of the area- A large number of people reside here in Mohali and the population here has been rising owing to its rapid growth in terms of opportunities and employment.
- Lower inflation rate
- Area Value
With these basic things in mind if you are planning to invest in upcoming commercial projects in Mohali then you should do it without hesitating as this sector is always growing. You can safely trust VRS Group for this purpose because with their years of experience in this business they can provide you with advanced modern projects so you can make the most out of your ventures. VRS Group values your needs and so their upcoming projects- District one, Suntec city, La Canela among others can cater to all the criteria of a potential investor. VRS Group is one of the most prominent real estate companies in Chandigarh. Each and every project is RERA certified which gives you yet another reason to trust this community. So don’t miss out on an opportunity for investment and for any more information about the upcoming projects visit our website vrsventures.com
