In 2001, the property in the Noida region was not very expensive. But far-sighted people knew that it would grow, and they started investing in residential areas. Mohali and Kharar region is going through the same transition phase. Today, you can buy a house in Mohali or Kharar at a lower rate, but after half a decade, the situation will undergo a sea change. You will not be able to even expect a decent residential property deal in these regions because of the high cost.
If you think this all is hyperbole, then walk through the write-up and explore what makes Mohali and Kharar regions two of the rising prime spaces in real estate.
Improved Connectivity
The development of good roadways and highways has led to better connectivity near Mohali and Kharar in the Tricity. Commuting to New Delhi, Jalandhar, and Amritsar has become convenient, and making movements to these places during weekends is no more a problem. People can stay in a 3 BHK flat in Kharar and enjoy their weekend nightlife in Delhi with ease.
Rising Job Opportunities
Due to lower-cost investments in commercial properties near Mohali and Kharar, such as Commercial Nirwana Square One, many IT companies are leasing properties in these regions. It has created job opportunities in the area making it an IT hotspot near Chandigarh.
More and more freshers, in addition to experienced professionals, can now settle near the companies where they are working. Many apartments in Mohali are also easily available for rent to bachelors and spinsters making it a haven for these young office-going people. So, if you invest in real estate properties in Kharar or Mohali, you can expect an easy earning in the form of rents.
Bustling Business Hub
A decade ago, Mohali and Kharar were nowhere around in comparison to Chandigarh and Panchkula. But today, it stands tall in the Tricity region and has evolved as a bustling business hub. Just a few years back, residents of Mohali used to commute to Chandigarh by facing hours of traffic jams just to go to enjoy a happy time in a shopping mall near Chandigarh. But today, these people can easily spend quality family and friend time at a mall in Kharar Punjab.
Impressive stores and shopping malls in these areas have made it a perfect place to settle. Many people from other regions of Punjab and Haryana are coming to settle near Mohali and Kharar as they see opportunities in terms of business investments.
Proximity to International Airport
Who doesn’t want to live near an airport? No worries about missing your flight and also getting free from spending more bucks on taxis while returning from an airport. Residing in Mohali or Kharar allows you to enjoy proximity to the international airport. Although this airport is known to be in Chandigarh, those who are residents of Mohali know that it is nearer to their place rather than a person residing in the Union Territory.
Easy Availability of Transportation
When you buy a house in Tricity, you always try looking at different things to ensure you make a sound decision. Transportation is one thing you cannot ignore. In the Mohali-Kharar region, you can commute easily because of the availability of suitable transportation. Whether you are looking for an auto, shared auto, bike ride, or a cab ride, you can find them all at a considerable rate and effortlessly in Mohali or Kharar.
Ample Green Space
The role of green spaces in residential buildings and societies is phenomenal. It allows you to stay healthy and active by ensuring physical activities. It also offers you quality oxygen that is rare to inhale in any bustling IT city due to the rising cutting of trees. Mohali is a place near Chandigarh that offers you ample greenery in residential properties especially if you choose to invest in real estate like Nirwana Heights. It offers you an opportunity to live in the lap of nature, surrounded by trees and plantations that make your days and nights pleasant.
Lower Cost of Residential Spaces
You can buy a 2 BHK flat in Kharar at a lower price in comparison to other places in the Tricity. The lower cost of residential real estate in the Mohali and Kharar region allows you to invest with both future and present prospects. You can opt for 2 BHK apartments in Mohali and rent them or you can settle there with your family. Both ways it is a win-win situation for you.
Warning Section
Do not get tempted by a fake real estate agency in Mohali as they lure and trap you in property deals. Seek help from our team to learn more about residential spaces in Kharar and Mohali regions.