Monday 5 November 2018

Things to Keep in Mind While Looking For a Commercial Space in Mohali

Quoted as the next big IT hub by The Times of India, Mohali is emerged as an educational hub for students that welcome numerous multi-national companies and generating employment.  While students here are on the lookout for flats for sale in mohali, investors are fetching for lucrative commercial spaces.

Thus, if you are planning to invest in a commercial space in Mohali, the following things should be kept in mind to make a wise and sensible decision:


Budget
The first and foremost thing that influences your real-estate investment is the amount of budget you are willing to spend. Finalizing your budget can be tricky as you would have to settle on an amount that will fetch you a property that fulfills all your requirements so that you neither have to splurge nor be close-fisted.

Location
Another aspect that you will be able to pay attention towards just after settling down on a budget plan is the location. If you are investing in real estate for commercial purposes you need to be extremely cautious regarding the location as the area should be well-known, reputable, easily accessible and safe. These factors will contribute to the value of your purchase and will yield you good returns in the future as well.

Infrastructure
Infrastructural facilities pay a major role in the day-to-day functioning of a commercial space. And no matter if you are buying the space as your own work space or planning to put it up for rent/lease you would surely need some basic infrastructural amenities like: water supply, electricity supply, proper sewage system, internet/connectivity range, etc.

These are some of the noteworthy things an investor should consider while buying a commercial space in Mohali. 

Wednesday 17 October 2018

Advantages of Investing in Residential Plots

A great number of people prefer to purchase residential plots in comparison to already built structures as the value of a plot of land appreciates faster than that of an already built establishment. Owing to the consistent increase in population, the demand for plots of land for residential and commercial use is ever-growing in the country. 


In today’s scenario, investing in plots in the various flourishing cities like Mohali, Ghaziabad, Meerut, etc., can prove to be quite a prudent move. This is primarily because the real estate prices in these cities are comparatively lower, and considering the rapid developments that these places are going through, the prices of properties here are sure to soar up in the near future, giving the buyers a great benefit. For instance, Mohali is pretty much the key focus area for real estate investments now, as the city is undergoing rapid developments and its socio-economic infrastructure strengthening. Also, real estate prices here are still much lower in comparison to many other large North Indian cities like Delhi, Chandigarh, and Gurgaon. However, in the coming few years, the property prices of Mohali are expected to increase considerably, owing to its rapidly developing infrastructure and the availability of many employment opportunities. As a result, on investing in residential plots in Mohali, buyers can always expect excellent returns on relatively small investments in the city.

Buying residential plots offers a host of advantages, some of them being:
· Maximum flexibility: Having a residential plot to build a home is essentially all about the freedom one gets while planning for and deciding upon the key elements of the residential unit. They can decide on the expanse of the garden, size of the rooms, number of balconies, and other such important elements as per their requirements and the need of their family members.
· Low risk: Being a tangible asset, a plot of land tends to carry minimal risks from an investment perspective in comparison to bonds or shares. Plots located in flourishing areas ideally fetch extremely high returns on investments, as unlike built structures, their valuation does not depreciate with time. 

People looking to buy residential plots in cities like Mohali, Faridabad, Ghaziabad etc., can always explore the websites of the prominent real-estate companies that primarily focus on these areas and have launched mega residential projects here.

Friday 31 August 2018

Here’s why it would be wise to set up residence in Mohali

Mohali is one of the most flourishing cities of Punjab. This city has witnessed a rapid growth in the IT and Telecom sector, and quite a few well-known companies have set up their offices here. This has given a substantial boost to the economic growth of the city. The State Government is also taking distinct steps so as to improve the infrastructure of Mohali.

Listed below are some of the reasons that explain why it would be a good idea to invest in luxury flats in Mohali:

· In spite of being a rapidly growing modern city, the pollution levels, as well as the population in Mohali is considerably lower than most big North Indian cities. One does not have to spend hours stuck in traffic congestion or cope with health problems occurring because of high pollution while living here. Residents of Mohali enjoy the benefits of modern urban living, while being quite close to nature.  
· Owing to the presence of numerous renowned companies here, the employment opportunities have increased to a great extent in Mohali. These companies are always searching for trained and skilled employees and so it would be a good place to seek job opportunities for young professionals.
· The property prices in Mohali are comparatively lower than most of the other major North Indian cities, such as Noida, Ghaziabad and Delhi. Therefore, one can still buy a luxury flat in Mohali at a comparatively affordable price range. In addition, due to the city’s booming infrastructural and economic development, the property prices here are expected to increase in the near future and this will in turn increase the resale value of any real-estate commodity owned here.


A person can choose to live in an integrated township in Mohali as these townships offer all kinds of contemporary amenities. Some of the points to keep in mind before investing in an apartment that is within a modern township in Mohali are explained below:

· It should be a gated community which offers round-the-clock multi-level security so as to ensure the security of the residents.
· All the structures within the township should comply with the Seismic Zone IV design necessities of the area, to ensure the safety of the residents.
· It should be situated at a central location that is not too far away from the most vital landmarks of Mohali, such as the cricket stadium.

One of the best areas to set up residence in Mohali would be in the Sector 85 area, as it is situated right at the foothills of the magnificent Shivalik Range. And, to get more information about the townships that have been launched as well as developed in this area, one can check out the websites of the leading real-estate developers who have been working in this part of the country.

Wednesday 11 July 2018

6 Key Advantages of living in Mohali

Lying adjacent to Chandigarh, Mohali is a rapidly flourishing city that is located in the prosperous state of Punjab.  Owing to the number of advantages offered by this city, lot of people are choosing to invest in spacious 3 BHK flats in Mohali in order to set up a residence where they can stay with their whole family. Some of the key reasons why living in this city could be advantageous are as follows.



· Planned City: Designed following the footsteps of the much affluent capital city of Punjab, Mohali is also a planned city that has been designed as per the sector format.  Due to its planned designing and structure, this city is known to have a smooth transportation system, superior aesthetics and minimal slum areas.
· Less populated: Mohali is comparatively much less populated than other major cities of North India, such as Delhi, Chandigarh and Gurgaon. And, less population in the city invariably means that there is lesser traffic congestion on the roads and more employment opportunities available for the people here.  
· Good Educational institutions Present:  Mohali houses a plethora of extremely reputable educational institutions, especially the ones meant for higher education.  This factor makes Mohali a good place to set up a home for families having children pursuing higher studies.
· Clean City:  Mohali is comparatively cleaner and greener, primarily because it is not as densely populated. Also, the government has taken very active measures in ensuring cleanliness in the city which has been duly complemented by the citizens here too, resulting in a cleaner and greener city.
· Developing industrial scene: Mohali has witnessed rapid industrial and commercial development in the last few years, especially in its IT sector. In order to utilize the abundance of skilled resources present in the city, a number of IT and IT-enabled companies have set up their operations here.
· Presence of Popular Cricket Stadium: In India, cricket is much more than just a sport. Major cricket tournaments are widely celebrated in all parts of the country. Mohali houses one of the most prominent cricket stadiums of the country, and hence its residents can get the opportunity to catch some of the key international level matches. Also, the influx of cricket enthusiasts in the city in great numbers at the time of important matches proves to be quite beneficial for certain businesses.

Therefore, if you are looking for a 3 BHK flat in Mohali to move in with your whole family, it is imperative that you invest in a residence that is well-equipped with advanced security systems and offers a host of other modern amenities, in order to ensure the optimal safety and convenience of your family members. 

Monday 28 May 2018

Top 3 Advantages of Investing In a Plot in Mohali



Choosing between a plot of land and an apartment is one of the biggest dilemmas faced by prospective homeowners. While in case of ready-to-move-in apartments, they would be provided with an already built and designed multi-floored construction, they would not enjoy the freedom of constructing their residence tailored to their needs and necessities. On the other hand, buying a plot of land allows a person to have a sovereign choice of constructing the house of their dreams as per their individual requirements and distinct tastes. In addition to this, plots also enjoy a much higher resale valuation in comparison to flats. In fact, plots are the only type of an asset to have increased in value by more than 800% over the last two decades. 


One of the major reasons for the rapid appreciation in the valuation of plot is its scarcity. While the demand for land keeps increasing with increasing population, the availability of land parcels is decreasing, and thus adding on to the valuation. In the current scenario, investing in plots in Mohali, or other such flourishing cities would especially be a lucrative option. While the city is steadily climbing the ladder of economic and industrial growth, the property prices here are currently lower in comparison to major North Indian urban destinations like Gurgaon, Chandigarh, Noida, Delhi, etc. As the property prices here are expected to rise considerably over the next few years, people investing in buying land parcels in Mohali now can anticipate high rate of returns on relatively small investments here.
Some of the prime advantages of investing in a plot are as follows:

  • Maximum Flexibility: When a homeowner decides to construct their dream home on the plot of land, they would have the full freedom of deciding upon the key elements of the house, such as the size of the rooms, number of balconies, and expanse of the garden.
  • Tangible Asset: Plots are tangible assets that unlike bonds or shares carry minimal risks from an investment perspective. High returns on investment are almost certain in case of plots, as their valuation ideally does not depreciate with time.
  • Cost-Effective: Plots are ideally much more reasonably priced in comparison to already built residences, and the property tax levied on them is also considerably lower.

Therefore, in order to buy one of available plots in Mohali, interested investors can check out the websites of the prominent real-estate companies of the country.

Wednesday 2 May 2018

The Benefits of Living in a Gated Community in Mohali

Mohali, one of the most meticulously planned cities of North India is witnessing further infrastructural developments after being clubbed with Chandigarh under the metro city concept. Right from IT parks to research centers to educational hubs, all kinds of state-of-the art projects are being launched here. These developments have attracted a huge urbane populace into the city which in turn has boosted the real estate market of Mohali. There is especially a huge demand for residential properties within gated communities in this city. 
Gated communities are, in essence, premium residential projects that are especially designed, planned and constructed, keeping the privacy and safety concerns of the residents in mind. Gated communities offer a number of very important advantages, facilities and conveniences. As a result, the young population settling down here is very keen on buying 3 or 2 BHK flats within gated complexes in Mohali

Some of the major advantages of living in a gated community have been listed below. 
· Higher security: One of the most important benefits offered by gated communities has to do with better safety and security features. Unwanted intruders rarely have a chance to enter these projects, as access is strictly limited to the residents and their guests. The constant presence of security personnel and high-tech surveillance equipment serve as excellent deterrents for intruders, burglars and other antisocial elements.  
· Controlled access: An outsider visiting a gated community must have an access code or some other identification method in order to be granted access. The visitor must know someone living within the community and thereby enter the premises as their guest. In this way, an accurate record of the comings and goings of each visitor is maintained. This system of restricted entry ensures a safe and secure environment for the residents. 
· Vehicle speed: Speeding vehicles cause major problems in most residential neighborhoods and localities. Such vehicles can lead to accidents and make the area dangerous for children and elderly people. In gated communities, however, the vehicles of visitors have to be parked outside the premises. Residents too are required to drive slowly once they enter the premises of the gated community. 
· Pedestrian safety: The exceptional security features and lower vehicle speed found inside gated communities guarantee better security and safety for pedestrians. Therefore, people living inside gated communities can take a walk around the premises, go out jogging, and take their pets or children out to play without any risk of accidents or mishaps. 

It is only in gated communities that people get to enjoy such convenience which further justifies the huge demand for 2 bhk flats in Mohali.