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subject: Viable Options Appear Hopeful In Mohali Real Estate [print this page]


As to its well-designed infrastructure, accessibility of property, superior human resource support, and encouraging policies, Mohali is now a striking end for IT giants. In the interim, worldwide technology companies like IBM, Airtel, Dell, Quark, Infosys, TCS, Convergys and Wipro have previously instituted their grand facilities in and around the place. And, positively this tendency of MNCs to branch out in the city casts an optimistic impact on landed property marketplace in Chandigarh.

Chandigarh is hyped as the original planned capital of India. Through time, the city boundaries and adjacent areas like Panchkula and Mohali have covered a radius of 30 km, and several townships from Haryana, Himachal Pradesh and Punjab have been integrated. Of late, realty majors like DLF, Emmar, Ansal, and Omaxe have commenced their plans in diverse quarters of the city. As a result, mohali is balanced to materialize as a possible substitute for software giants, as a group of IT magnates making a shortcut to set up their divisions in the city. Even the residential construction here as witnessed a boom, as every job seeker or student hopes to secure a flat in mohali.

Progress of Rahul Gandhi Information Technology Park spread across 375 acres, at Manimajra, and IT Park Mohali has engrossed the concentration of IT players to the Tricity. The venture boasts of high-tech communications and services corresponding to those accessible in the computer-generated conurbations of Bangalore, Chennai and Hyderabad. In addition, DLF has launched its Info city inside the IT park district, given that world-class services are being extended to these tech-players. Currently, that these plans have been benefitting from desirable success, Mohali real estate and Tricity has turned scorching. The capital costs and leasing in the saleable part have been constantly growing in the last 3-years. However, a tad of delay is seen in the residential section.

Further, Mohali is well-linked with all key parts of north India and the condition of neighboring infrastructure is rather extraordinary. There is nothing that is not to be found here in terms of residential units. Be it, independent chalets, and apartments, kothi in mohali, condominiums, booths, luxury villas and NRI retreats. You name it and its there! There are facilities which are offered within your budget. These include modular kitchens, airy balconies, vitrified tile floorboards and other embellishments. Business and housing environment has taken a positive turn in mohali and with capital rates towering, now is the right time to invest.

by: harji




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