What are the future prospects of investing on Mohali or Greater Mohali ?

Q: Is it worth investing in these areas? What are the good projects to invest in?

Vivek Kulkarni,

14th August 2013

Investment Advice in S.A.S Nagar, Mohali

buying property

investment advice

real estate in chandigarh

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Replies (2)

It is definitely worth investing in both Mohali and greater Mohali depending on one’s budget and requirement. The land prices in Chandigarh are quite steep and there is not much real estate development happenings within the city.

Balwinder Singh,

16th August 2013

Comment

Most of the real estate development is happening on the adjoining areas of Chandigarh and Mohali offers the best of both the worlds. It’s got planned development just like Chandigarh while prices are quite lucrative for the average buyer.

Supratim,

16th August 2013

What would be the price for rentals ?

Jackie,

16th August 2013

Close proximity to IT parks and commercial offices in Mohali has made it a good place for monthly rentals as well. The price for residential apartments in Mohali (Sector 61, 71) ranges between Rs. 6000 to Rs. 7200 per square feet while in sector 65-71, the prices are in the range of Rs. 6000 to Rs. 6400 per square feet.

Supratim,

16th August 2013

Thank you so much for the details..:)

Vivek Kulkarni,

16th August 2013

Both Mohali and greater Mohali are part of Chandigarh Tricity along with Panchkula and Zirakpur areas. Mohali or SAS Nagar as it is officially called is based on the same planned management as Chandigarh and offers a very good infrastructure and overall development.

Supratim,

16th August 2013

Comment

Wide open roads, good civic infrastructure, close proximity to the Chandigarh railway station and the national highway linking New Delhi and other parts of Punjab and Haryana makes Mohali and adjoining greater Mohali as perfect real estate destinations,..

Gurmeet,

16th August 2013

What is the average price range ?

Vivek Kulkarni,

16th August 2013

The average prices in greater Mohali are quite lucrative and range between Rs. 2300 to Rs. 3400 per square feet.

Gurmeet,

16th August 2013

Can you tell me some of the good projects ?

Vivek Kulkarni,

16th August 2013

Venetian Spaces by Manohar Singh & co, Acme Alvista by Acme Group, and Palm Grove by Anal API are some of the better known projects in Mohali.