Today, when you think about purchasing property in the northern region of India, you automatically think about Mohali; and for good reason too. After all, the city is steadily becoming a destination for industrial, cultural, aesthetic, residential, commercial, and recreational development. If you need any further proof why you must buy residential property in Mohali when you have the chance to do so, here are a few reasons:
The rise of the IT sector
Mohali is the center of many regional head offices, including telecom companies and manufacturing units. In addition to this, the emergence of IT companies is also at an all-time high. Infosys, an IT giant, is setting up a 50-acre campus at Knowledge Park. This campus, it is said, will open up job opportunities for about 5,000 employees. This surely proves to be a positive in the employment sector.
You can easily find many affordable residential area options
Owing to the fact that the city comes with plenty of 2BHK and 3BHK flats for sale, it is no surprise that Mohali is soon becoming the first preference for many real estate investors and buyers. What’s more is that these residential areas come at affordable prices. Community centers, schools, and supermarkets are in close proximity to these residential areas, while most of the structures are earthquake resistant.
A growing education and health hub
The Indian Institute of Science Education and Research (IISER), the Indian School of Business (IBS), the Army Institute of Law, and the National Institute of Pharmaceutical Education and Research (NIPER), all are in Mohali. There are a variety of health institutes being developed in this city too, making it the center for educational and health-related growth.
Massive funds have been allotted for infrastructural development and its related activities. This is why facilities and amenities such as round the clock water supply, power, wide freeways that reach Chandigarh, and an advanced interstate bus terminus are underway.
Given these reasons, it is no surprise that people are flocking to purchase residential property in Mohali. It has the best of everything within arm’s reach, be it educational, industrial, commercial, or entertainment facilities. So, you know for a fact that residing in this city is sure to offer you a wonderful experience.