Mohali, a fast-developing city within the Chandigarh Tricity area, is now a popular real estate choice for both experienced investors and those buying their first home. Boasting excellent infrastructure, easy accessibility, and growing commercial activity, Mohali provides varied property investment possibilities for different financial plans. However, given the wide range of choices, which area in Mohali presents the best investment?
Let’s delve into the top Mohali localities, known for their strong potential for high returns, good rental income, and long-term value.
1. Aerocity – The Fastest Growing Residential & Commercial Hub
Aerocity is number one for a good reason. Situated near the Chandigarh International Airport, it has great links to major highways, attracting real estate investment. The area is recognized for its well-planned design, tidy roads, and up-to-date facilities. Aerocity presents good returns and consistent value increases, with options including residential plots, upscale apartments, and business properties.
2. Sector 66 to 80 – Affordable Housing with Excellent Connectivity
These areas are becoming more popular because they provide a good combination of cost-effectiveness and good infrastructure. Situated near key schools and hospitals, they’re a perfect choice for middle-class buyers seeking investments. Specifically, Sector 70 has easy access to Chandigarh, making it appealing for rental properties as well.
3. IT City Mohali – Ideal for Tech Professionals and NRI Investors
Intended as a commercial hub, IT City in Mohali is drawing real estate investments, both for living and business purposes. Featuring several tech parks and office buildings, it suits professionals desiring a short commute. This locale, with major multinational corporations and startups, anticipates robust rental demand and a rise in property values.
4. Sector 127 – Upcoming Area with Rapid Development
Sector 127 has expanded considerably in recent times, marked by new housing developments and infrastructure initiatives. Property costs remain affordable, which makes it a good choice for those investing early. Property values should increase when the new metro line links this area to other Mohali and Chandigarh locations.
5. Wave Estate – For Luxury Living and High-End Returns
For top-tier real estate investments, Wave Estate in Sector 85 is a great pick. Offering a gated community with upscale villas and deluxe apartments, it attracts wealthy purchasers and Non-Resident Indians.
Final Thoughts
The Mohali property market is booming, providing opportunities for all types of investors, considering price, position, or future growth. With current trends and infrastructure upgrades in mind, Aerocity and IT City are prime investment locations. But, upcoming areas like 127 and 66–80 show strong prospects too. For informed assistance, VRS is well-regarded for guiding investors, providing insights supported by market data.
