Mohali Property

Mohali was developed a few decades ago as an organized industrial township in Punjab State. Recently the potential of real estate market in Mohali has been recognized and it is being developed as a full-fledged market for various residential and commercial properties in Mohali to lure the top builders & developers for setting up mass real estate projects in the city. Mohali offers vast undeveloped land stretches at a comparatively lower cost to Chandigarh and is thereby climbing the popularity chart for major property developments.

The city of Mohali houses major manufacturing industries and is becoming a preferred destination to the booming IT sector of India because of its strategic location on the border of Punjab and Union Territory of Chandigarh . Mohali is soon to become a major commercial property hub in Punjab with corporates like Spice Telecom, Convergys, Ranbaxy Laboratories and a super-specialty hospital by Fortis Healthcare Ltd. shaping up in the city.

The residential property in Mohali primes in the Mohali Hills area with independent bungalows, cottages, luxury villas and newly constructed group housing apartment flats to offer. The commercial hub of Mohali is the Central Plaza in Mohali Hills that has major retail properties like glitzy shopping malls, megaplexes, amusement parks, multi-cuisine restaurants, various three and five star hotels and an upcoming entertainment park by the Archaeological Survey of India. This Entertainment Park will have replicas of various historical monuments of India.

The Mohali Master Plan demarcates provision for private participation in real estate projects in the city. This has welcomed stalwarts like Emaar MGF , TDI developers and Unitech to enter the market for developing property in Mohali. Punjab Urban Development Authority or PUDA plans to transform Mohali into a truly global city with major infrastructural developments on the charts.