Monday, 28 May 2018

Top 3 Advantages of Investing In a Plot in Mohali

Choosing between a plot of land and an apartment is one of the biggest dilemmas faced by prospective homeowners. While in case of ready-to-move-in apartments, they would be provided with an already built and designed multi-floored construction, they would not enjoy the freedom of constructing their residence tailored to their needs and necessities. On the other hand, buying a plot of land allows a person to have a sovereign choice of constructing the house of their dreams as per their individual requirements and distinct tastes. In addition to this, plots also enjoy a much higher resale valuation in comparison to flats. In fact, plots are the only type of an asset to have increased in value by more than 800% over the last two decades. 

One of the major reasons for the rapid appreciation in the valuation of plot is its scarcity. While the demand for land keeps increasing with increasing population, the availability of land parcels is decreasing, and thus adding on to the valuation. In the current scenario, investing in plots in Mohali, or other such flourishing cities would especially be a lucrative option. While the city is steadily climbing the ladder of economic and industrial growth, the property prices here are currently lower in comparison to major North Indian urban destinations like Gurgaon, Chandigarh, Noida, Delhi, etc. As the property prices here are expected to rise considerably over the next few years, people investing in buying land parcels in Mohali now can anticipate high rate of returns on relatively small investments here.
Some of the prime advantages of investing in a plot are as follows:

  • Maximum Flexibility: When a homeowner decides to construct their dream home on the plot of land, they would have the full freedom of deciding upon the key elements of the house, such as the size of the rooms, number of balconies, and expanse of the garden.
  • Tangible Asset: Plots are tangible assets that unlike bonds or shares carry minimal risks from an investment perspective. High returns on investment are almost certain in case of plots, as their valuation ideally does not depreciate with time.
  • Cost-Effective: Plots are ideally much more reasonably priced in comparison to already built residences, and the property tax levied on them is also considerably lower.

Therefore, in order to buy one of available plots in Mohali, interested investors can check out the websites of the prominent real-estate companies of the country.

Wednesday, 2 May 2018

The Benefits of Living in a Gated Community in Mohali

Mohali, one of the most meticulously planned cities of North India is witnessing further infrastructural developments after being clubbed with Chandigarh under the metro city concept. Right from IT parks to research centers to educational hubs, all kinds of state-of-the art projects are being launched here. These developments have attracted a huge urbane populace into the city which in turn has boosted the real estate market of Mohali. There is especially a huge demand for residential properties within gated communities in this city. 
Gated communities are, in essence, premium residential projects that are especially designed, planned and constructed, keeping the privacy and safety concerns of the residents in mind. Gated communities offer a number of very important advantages, facilities and conveniences. As a result, the young population settling down here is very keen on buying 3 or 2 BHK flats within gated complexes in Mohali

Some of the major advantages of living in a gated community have been listed below. 
· Higher security: One of the most important benefits offered by gated communities has to do with better safety and security features. Unwanted intruders rarely have a chance to enter these projects, as access is strictly limited to the residents and their guests. The constant presence of security personnel and high-tech surveillance equipment serve as excellent deterrents for intruders, burglars and other antisocial elements.  
· Controlled access: An outsider visiting a gated community must have an access code or some other identification method in order to be granted access. The visitor must know someone living within the community and thereby enter the premises as their guest. In this way, an accurate record of the comings and goings of each visitor is maintained. This system of restricted entry ensures a safe and secure environment for the residents. 
· Vehicle speed: Speeding vehicles cause major problems in most residential neighborhoods and localities. Such vehicles can lead to accidents and make the area dangerous for children and elderly people. In gated communities, however, the vehicles of visitors have to be parked outside the premises. Residents too are required to drive slowly once they enter the premises of the gated community. 
· Pedestrian safety: The exceptional security features and lower vehicle speed found inside gated communities guarantee better security and safety for pedestrians. Therefore, people living inside gated communities can take a walk around the premises, go out jogging, and take their pets or children out to play without any risk of accidents or mishaps. 

It is only in gated communities that people get to enjoy such convenience which further justifies the huge demand for 2 bhk flats in Mohali.

Tuesday, 24 April 2018

Reasons to Buy Commercial Property in Mohali

Mohali is a planned city located in the state of Punjab. In recent years, it has seen exponential economic and industrial growth following the liberalization of the Indian economy in the nineties. It is one of the major business and commercial hubs of northern India and lies adjacent to Chandigarh. It forms the Chandigarh Tricity region along with Panchkula, which is another satellite city of Chandigarh, the capital of Punjab and Haryana. 

Mohali has, over the past decade, emerged as one of the most important cities of Punjab and of northern India as a whole. It is developing into a hub of the information technology (IT) sector in the state. The state government too has devoted much effort into making Mohali one of the best places to live in in Punjab. All of this has resulted in many businesses and companies from around the country and the world setting up their operations in Mohali. As a result, there is a rising demand for premium commercial real estate in the city and renowned property developers are building state of the art real estate projects in and near the city. 
Some of the reasons why you should consider buying retail or office space near Sector 85 in Mohali have been listed below for your convenience.

  • Commercial real estate is an excellent investment option as it offers higher returns than residential property. Both rental returns and capital gains are higher in case of commercial property.
  • Property prices in Mohali are more affordable than in the major cities of north India such as Noida, Delhi and Chandigarh. This means you can purchase world-class commercial space in Mohali even with a relatively tight budget.
  • Mohali is experiencing rapid economic and industrial growth, which means that investing in the city could be lucrative in the long run. Property prices in Mohali are bound to rise as the city develops further, offering you the opportunity to earn excellent ROI.
  • Setting up a business in Mohali can be beneficial as the city is yet to become as crowded and congested as the metros. Hence, the competition is lower, offering higher chances of success. Additionally, Punjab is one of the most affluent Indian states with a lot of disposable income, which means that the residents would be better able to spend on whatever product or service your business is offering.

These are some of the reasons why you should consider purchasing premium retail or office space near Sector 85 in Mohali, one of best locations in the city.