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Thursday, January 9, 2014

The Upcoming Property Market

Mohali is the neighboring city of Chandigarh which caters only 2/3 of the population of Chandigarh. It falls into the state of Punjab. Mohali was a village ten years ago but now, it is famous for a very big cricket stadium. With the distance of 225 Kms from Delhi, Mohali is a good hub for newly commenced piece of land. The Mohali property market forecasts it to be an upcoming hub in the coming years. Mohali has a good scope of residential as well as commercial properties since it would soon fall into the NCR corridor of north India.
Wave Estate :-mohali real estate

Mohali real estate market is a Primary market for those who are willing to invest into plots. Apart from local builders, it has become a center of attraction for builders from all over India since being a primary market it is easy to develop a township over it. Mohali has also been approved for many upcoming industries which would cater commercialization and would attract more & more population from Haryana, Punjab & Himachal Pradesh. In this competitive era, the metropolitans have already sheltered and employed millions. Now with the fast rage of commercialization, Mohali is expected to become the second commercial city after Ludhiana. The real estate market of Mohali is a very affordable one with competitive prices being offered with every township.

Mohali Real Estate is slowly developing with the presence of some of the leading builders. Not only this, even the leading builders are ready to set-up the modern commercial spaces in the city. With the rise in population, the demand of residential properties has increased in the past ten years. And people from Chandigarh are willing to purchase a property in Mohali since the city is already populated by increasing density of students & working professionals. For an individual to settle down in Chandigarh, the best thing is to purchase a property in Mohali since the city is just few kilometers away from Chandigarh.

If we go through the Mohali property market statistics of past 5 years then we might see an unexpectedly good opportunities flushing up for investors who had invested in plots. With the increasing demand of commercialization, Mohali can be categorized into the upcoming metropolitan cities, since it has a bright future in terms of real estate & Industrial evolution.

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