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Here’s why owning a Property in Mohali is a Great Idea
25 Feb

By Balvinder Singh Kalra

Category: blog

Here’s why owning a Property in Mohali is a Great Idea No Comments

Here’s why owning a Property in Mohali is a Great Idea

Urbanization and Smart City initiatives have escalated the growth not only in the metropolitan cities but across tier-II cities as well. Mohali is one of the much sought after commercial destinations within the proximity of the beautiful Chandigarh.

Rigorous efforts from GMADA (Greater Mohali Area Development Authority) and the state government have unequivocally pushed the liveability quotient in Mohali. Exceptional connectivity, a high influx of IT companies and ample investment opportunities make Mohali an ideal place to reside.

Mushrooming Employment and Investment Opportunities

Having a home in the hottest city of North India – ‘Chandigarh’ is close to impossible for a mid-income salaried person. The exorbitant property rates are making the people migrate from Chandigarh to Mohali. The 3BHK+1+1 flats in Mohali are selling like hotcakes.

The main reason is the mushrooming of employment and investment opportunities in this emerging city. The millennials want to raise their kids in a city akin to Chandigarh. SAS Nagar or Mohali is a hub of prestigious educational institutes, renowned hospitals, sports, entertainment and other amenities.

Initiatives by state governments such as ‘Ghar Ghar Naukri’, venturing plans by many IT companies and MNC’s have kicked the employment prospects. Having a 3BHK+1+1 flat in Mohali ensures a bed of roses for the posterity.

Are you an NRI? Click here to read why Mohali is a great place to invest for NRIs?

Booming Retail Industry

The prudent location of Mohali has successfully attracted many eminent builders and investors. With flourishing infrastructure and ample land at the foothills of Shivaliks, the commercial investors have already taken the bait.

Apart from MNCs and IT sectors, many acclaimed entrepreneurs and businessmen are keeping their eyes on the ball. The mushrooming of the retail industry is further amplifying the real estate demand in the 3BHK segment.

Watch out for Mistakes Made by First-Time Homebuyers in Mohali

The Connaught Plaza is suitably attracting a large number of retail brands and chains. This commercial place is designed to provide an ultimate shopping experience to the customers. The retail and office spaces at the World Trade Centre, Mohali are a prime flagship in North India.

To integrate nature with health, a Medicity project has been kick-started by GMADA. The entire 350-acre land has been dedicated to providing world-class healthcare by numerous hospitals including TATA Cancer hospital.

Rising Residential Demand

Due to the expeditious growth of the commercial sector, the demand for 3BHK+1+1 in Mohali has witnessed significant growth. Sectors that are within the proximity of the Airport such as sector 74, 79, 85 and 91 are taking quantum jumps.

These sectors have already witnessed a sound appreciation in rates in the past couple of years. If you are planning to buy a property or nearing retirement, then these sectors have great investment potential.

Impressive Connectivity and Infrastructure

Mohali enjoys a prime location and offers a robust transport system. All parts of the country are easily connected via rail, road and air. The presence of the International airport in Mohali further makes it a viable option for investment or having 3BHK+1+1 in Mohali.

Having a 3BHK+1+1 in the bustling educational hub of North India would offer world-class education to students. The presence of many prominent institutions such as ISB, CBS, NIPER, etc. is taking the Mohali’s realty image- a notch higher.

Well known for famous PCA stadium and hockey stadium, Mohali offers a plethora of eateries, cafes, and Cineplexes as well.

Things To Keep in Mind Before Buying a Floor/ Flat in Tricity

Canvas@85- Get your 3BHK+1+1 in Nature’s Own Residence

Canvas@85 is meticulously designed keeping in mind the needs of millennials and the next generation. With wide-open spaces, shady green boulevards and manicured lawns, Canvas offers blissful experience to the residents.

Located in heart of the city, Canvas@85 is one of the few projects offering affordable 3BHK+1+1 in the posh Wave Estate, sector 85. Investing in Canvas is indeed a great way to secure the future.

Buying a 3BHK+1+1 in Mohali is a life-changing decision and Canvas ensures that it’s worthy! Get your own independent floor that is luxuriously built perfectly syncing with your personality and class. Have a sneak-peak into the sample home to get the real feel of the space utilization.

Envisage a perfect 3BHK+1+1 in Mohali with all modern facilities of today’s lifestyle at Canvas. For booking and site-visit call us at +91 97001 97007 or email us at info@canvasat85.com.

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Balvinder Singh Kalra

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