Owning property in Mohali is another best option after Chandigarh due to the basic facilities, power resources as well as availability of lush greeneries, peaceful and cheap accommodation as well as proximity to the planned city.
A large number of developers are seen to be investing their huge amount in properties in Mohali. Apart from the residential property, the commercial property have also seen to be flourishing in this city. Certain report suggests that due to the high scale of work with Real estate Mohali project of $ 3 billion have resulted to bring this city to such a new level which will no lesser than Chandigarh.
One of the developer Suncity Projects Pvt. Ltd. has announced 22 lac sq ft area of the Mega project which has resulted a boom in the residential properties in Mohali. This mega projects propose to rent out the retail space at INR 90-180 per sq ft. a month. Due to the ever increasing tendency towards the realty prices, it is a rewarding decision to invest in the commercial property Mohali. With the sky touching price of the commercial Property in Mohali it definitely yields a great Return on Investment.
Compare to the upscale localities of Chandigarh, the current capital values of the apartment ranges from Rs 2,500-4,000 per sq ft. The construction work of all the new projects is almost a great speed and the possession is expected to be enhance further. Apart from the residential Properties in Mohali the retail as well as commercial sector of this region is has seen to be expected a paralleled growth. In terms of the commercial projects, certain projects like Apple Heights, Ralgan Infrastructure, Hollywood Plaza, Sushma Chandigarh Infinium, Ashirwaad Commercial Complex etc are thereby offering Grade A commercial office space to the corporates.
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