Mohali, a vibrant city in Punjab, is rapidly emerging as a prime destination for real estate investment. With its strategic location, robust infrastructure, and a growing economy, it presents numerous opportunities for both homebuyers and investors. This blog explores the various facets of the Mohali real estate market, focusing on price trends, types of properties available, and why investing in Mohali is a smart choice.
Price Trends in Mohali Real Estate
The real estate market in Mohali has shown promising growth over the past few years. Prices for residential properties, such as flats and plots, vary significantly based on location and type. For instance, apartments can range from ₹7,000 to ₹13,000 per square foot depending on the sector.
Plotted developments are also gaining traction, with prices around ₹65,000 per square yard in popular areas like Aerocity.
This affordability makes Mohali an attractive option for those seeking cheap property in Mohali.
Types of Properties Available
Flats
Mohali offers a wide range of flats catering to different budgets. From luxurious high-rise apartments in sectors 67 and 82 to more affordable options in emerging neighborhoods, buyers can find something that suits their needs. The demand for residential flats is consistently high due to the influx of professionals moving to the city for job opportunities.