Mohali has emerged as a preferred destination for real estate purchases in Northern India. This area of rapid development has great connectivity and is adjacent to Chandigarh offering the best of both modern development and greenery. Mohali is home to various affordable and luxurious homes.
In this article, we will talk about some of the most suitable residential areas in Mohali for real estate investors.
- Sector 70
When we talk about Mohali, the most sought-after area for residential purposes is Sector 70. This sector enjoys an organized layout, greenery, and accessibility to Chandigarh and therefore is preferred by buyers as well as tenants. It also has functional Schools, hospitals, shopping centers, parks and other social amenities. This makes it a preferred region for families.
Why Invest Here?
– Availability of a large number of people willing and able to rent a house.
– Proximity to the IT parks and malls for Chandigarh.
– Safe and well-connected.
- Sector 66
Sector 66 is located along the strategic Airport Road, making it a great area for future growth. It is located near business and information technology-related centers, this has fostered the need for rental units from employees. Also, there are now emerging trends of quality and class housing projects in this area involving high-end investors.
Why Invest Here?
– Located near IT City, perfect for working people.
– Well connected by the Airport Road.
– Premium housing options.
- Sectors 88 and 89
These sectors are among the most developing residential zones in the city of Mohali. Offering a range of affordable to mid-range housing options, Sectors 88 and 89 are ideal for first-time buyers or investors looking for properties with high growth potential. The area is developing rapidly, and the infrastructure is catching up, adding more value to the properties here.
Why Invest Here?
– Affordable properties with good growth potential.
– Increasing demand due to nearby developments.
– Well-planned sectors with ample green spaces.
- Sector 117
Situated at Landran Road, Sector 117 is an upcoming locality that has reasonably priced properties for living. It is in this area that affordable markets can be found for investors wishing to establish their premises. This is because it is well located close to schools, colleges, hospitals, and business centers thus appealing to families and working people.
Why Invest Here?
– Budget-friendly properties.
– Increase in demand for rent.
– Good network of transport with Mohali and Kharar.
- Aerocity
Aerocity is one of the new areas in Mohali which is growing at a very fast pace and is close to the International Airport. It has the potential to be one of the leading commercial and residential centers soon. Investor and end user’s demand for properties like Aerocity has increased because such locations have higher returns in the future.
Why Invest Here?
– Closeness to Mohali International Airport.
– High growth potential in the future.
– Best suited for the long term because it gives one the best chance to get a better return on investment.
Conclusion
We at CEE DEE Group understand that Mohali offers a complete array of residential zones, all of which have distinctive opportunities for property investments. Some people may be looking for a cheaper house to let in, others may be looking for fine luxury villas, or they may be looking for an area where the demand for rented properties is high, in all of these areas Mohali has it all. These are prime residential areas given the fast-developing infrastructure and connection in the city and therefore present good prospects for investment for anyone willing to make long-term gains. We create living environments that are convenient, comfortable, and beautiful, which fuels the life of communities in the rapidly evolving environment of Mohali.