Mohali Is A Priority Real Estate Market
Mohali is one of the most popular locations for investment in the real estate sector. In the past couple of years, we have seen tremendous development in the city. It is the right market for property buyers and NRI investors as the location offers higher returns on investment with positive growth. The city promises a modern lifestyle, technically advanced infrastructure, higher rental income, and sustainable growth.
If you wish to invest in Mohali, you can hire a trusted real estate consultant to work out the best options available in the market. In this informative, we will discuss all the reasons that are attracting investors for this location. These factors will help you understand the importance of this market and the advantage of having a property in the market.
These are the major reasons that NRIs are investing in Mohali. You may find several other factors that force your decision.
- Accessibility & Connectivity
Mohali City is well-known for its flawless connectivity and accessibility. It is the closest city to Chandigarh – The City Beautiful. It is also connected with other cities and sub-cities like; Patiala and Zirakpur. The wide roads and systematically placed traffic lights control daily traffic effectively. NRIs get attracted to the city for investment purposes.
- Commutation Facilities
Mohali offers frequent public transportation and private sector transportation facilities within the city. Mohali is connected by railway lines and an international airport. Thus, it is a hot spot to invest in, especially for NRIs. They can visit the city to meet their loved ones directly.
- Emotional Connectivity & Homeland Affection
NRIs living in different European countries like; Australia, Canada, England, New Zealand, & USA are most likely to reconnect with their homeland. Mohali offers a great opportunity to own a property and have that feeling of togetherness once again.
- Entertainment & Fun Hub
The biggest attraction for entertainment in the city is its own I.S. Bindra Punjab Cricket Association Stadium. The city offers many supermarkets, shopping centers, and malls. Mohali also has its own Water Fun Park named Thunder Zone.
- Empowered By The Government
The government is running various schemes to empower buyers and investors. The government encourages people to invest in various residential and commercial properties for higher returns. Special offers and schemes are run for NRI investors to develop the real estate market.
- Great Scope For Real Estate Market
Mohali is a great market for real estate development. The quality of land, government policies, high-quality infrastructure, and promising appreciation in the value of properties work in favor.
- Indian Economic Growth
One of the biggest reasons for NRIs to invest more in India, especially in Mohali City, is the promising economic growth of India. In the past couple of decades per capita income has raised & the real estate industry has played a major role in it.
- Proposed Metro Connectivity
The metro connectivity is proposed in the Try-city in the coming future. Therefore, it will become one of the major factors for attracting NRI investors. It will improve the intra-connectivity and easy commutation facilities.
- Rental Income
The major attraction for any NRI investor in the Indian market is the higher and sustainable rental income. Mohali is one of the most demanded locations within Tri-City that promises high income from investments in rental properties.
- Shaheed Bhagat Singh International Airport
The international airport is a big reason for NRI investments in the town, as people come to the city from different countries to own a property. The reasons may vary, but foreign investment has boosted the real estate market in Mohali. Because of the easy air commutation, it is easier for NRIs to visit India more often and meet their loved ones.
Conclusion
It has been observed that NRIs are continuously investing in the 2BHK flats in Mohali because of the available space and offered pricing. The major objective behind such investments is either to accommodate their family members or to gain profits from additional rental income. If you are planning to buy a property in the city, hire a professional realtor to make the deal win-win for you.
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F&Q
What are signs it’s time to sell a property?
Rising market prices, buyer interest, professional advice, or new developments nearby.
Should I sell before occupancy?
Yes, if prices in your area are growing rapidly, it can maximize ROI.
How do new developments affect property value?
Improved infrastructure or big projects can increase demand and property prices.
What’s a common mistake in property selling?
Selling during a market downturn or without knowing the property’s true value.
Is holding property long-term always profitable?
Not always. Selling at market peaks often provides better returns.