subject: Sunny Enclave right Time To Procure A Home As Mohali Real Estate Excels [print this page] Mohali is gradually turning as the hottest favorite cities for property investments. The city counted among the fastest developing cities all over India. The realty market of Mohali is booming with a growth rate of about eight percent per annum. The city has been earmarked in the fourth position among the fastest developing cities across the country. Now that the local economy of Mohali is remarkably flourishing at a constant pace, it can be assumed that that real estate market would be quite promising. More or less all the segments in the realty sector including residential, commercial and retail properties have been witnessing a great boom. There are hundreds of property deals that are being closed every month all throughout the city.
Speaking about the profile of the buyers, it is mostly property investors those taking the utmost benefit out of booming Mohali properties. It would be needless to say that Mohali realty industry is mostly an investor driven souk. The realty sector is far more active and distinctive than its end-user group. Owing to low operational costs, well planned infrastructure, good connectivity, and adequate number of vacant land, Mohali properties make a lucrative investment option. Over the last couple of years, recent developments and huge investments on Mohali real estate are taking place all over the suburban areas of Mohali such as Kharar and Dera Bassi.
There are several prestigious names in the real estate industry including DLF, Unitech and Emaar MGF that have already started several projects in around the city. The demand for residential homes in Mohali is remarkably high and it is expected to be more in the next couple of years. Many people prefer living on the outskirts of the city among the serene and picturesque surroundings. Most of the townships that have been developed in the townships are equipped with host of facilities such as gymnasium, swimming pools, community centers, spacious parking lots, beautifully landscaped gardens, 24 hours power supply, water supply, security services and much more. In fact, most of these residential flats and apartments that feature most stylish and modern architecture come equipped with all these essential amenities. The value of properties at Sec 74 A, Sec 117 and the Greater Mohali region comprising Sec 123, 124 and 125 range in between 3000 to 4000 INR per square feet. Apartments in suburban areas of Mohali may come around at price of 1500 to 2000 INR per square feet.
Numerous property developers exist in and around Mohali, and individuals should make their search online to select the best. They need to surf through the websites of different property builders and builders to view their upcoming projects and payment options. Some of them may even offer to help with financial assistance to acquire a bank loan. Individuals can make their payments through easy installments. Sunny enclave properties have become the most favored choice for all those who want to own a home in the outskirts of Mohali, that offers a lavish as well as a comfy living.