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Why Mohali Real Estate Has Attracted So Much Investments in 2014-15

Author: Harry Singh
by Harry Singh
Posted: Dec 15, 2015

Ever Since GMADA (Greater Mohali Area Development Authority) started building Roads, buildings and other important venues in Mohali, people have shown more interest in developing this area rather than putting money in any other part of Tricity. But, let’s try to find the actual interest of people that made so many people buy properties like ATS Casa Espana and many other infra groups in Mohali.

Wide Open Spaces: When asked by one of the independent society builders that what kept Mohali so much in the hunt. He replied "There is so much to build upon with greenery all around". Chandigarh has been saturated with societies and governmental properties all around like CRPF, ISBT, Commercial centers, Entertainment Venues and a lot more to cherish upon. That left Chandigarh with almost new space for people who are working here in different IT and education sectors.

Curbed Prices For First Time Buyers: Getting services like swimming pools, gym centers, separate parkings, grocery and utility shops are incredulous for a first home buyer. But, society buildings and infrastructure groups are providing all services like these within a price range of 30 to 50 lakhs 3 BHK flats. The 3 BHK flats remained the top target for family homes. People coming from other states and working here largely needed homes to live. Several commercial centers like NIPER, IISER, ISB, Industrial sector, Hospitals, Government workplaces and any more SEZs attracted employment opportunities. These employees were largely the reason for vast and improved real estate development in Mohali.

Mohali - A Metropolitan of Future: As the planning authorities already indicated plans for Metro train running from north to south, Mohali will be officially a Metrocity within no time. The progressive Punjab summit attracted many global and national investors and presumably such big plans will get out of papers into a real setup within the next 5 years. People hope that Mohali will surpass the level of Chandigarh in terms of growth once the greater Mohali projects gets completed.

Some world class facilities as in the residential luxury of ATS Casa Espana and Hero Homes will surely bring Mohali among the top cities of India.

About the Author

If you are thinking of setting up a new home for retirement or thinking about a useful investment in long terms. ATS Casa Espana Mohali is the perfect space to make the most of your plans.

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Author: Harry Singh

Harry Singh

Member since: Dec 14, 2015
Published articles: 1

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