Mohali property investment has several advantages over investing in Gurugram. Here are some key reasons why:
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Affordability: Mohali offers relatively affordable property prices, with rates starting from Rs 3,889 per square foot, making it an attractive option for investors ¹.
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Rental Yields: Mohali’s rental market is booming, driven by the growing IT sector and student population, ensuring a steady income stream for investors ¹.
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Infrastructure Development: Mohali is witnessing rapid infrastructure growth, with initiatives like the Smart City Mission and AMRUT, enhancing its appeal as a investment destination ¹.
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Connectivity: Mohali’s strategic location near Chandigarh ensures excellent connectivity through major highways and the Chandigarh International Airport, making it an attractive option for businesses and individuals alike ¹.
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Stable Real Estate Market: Mohali’s stable real estate market, driven by the IT sector and infrastructure developments, signifies resilience and long-term growth potential for investors ².
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Growing Commercial Sector: Mohali’s commercial real estate sector is expanding, driven by its proximity to Chandigarh’s corporate and IT hubs, making it an attractive option for commercial property investors ¹.
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Increasing NRI Investments: Mohali’s real estate market is attracting NRI investments, driven by its safe and regulated environment, making it an attractive option for foreign investors ¹.
Overall, Mohali offers a unique combination of affordability, rental yields, infrastructure development, and connectivity, making it an attractive option for property investors.