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Exploring Mohali Real Estate: Is It a Good Time to Buy in 2025?

Mohali, a city in Punjab, is rapidly evolving into one of India's top real estate markets. Its rapid development, modern infrastructure, and proximity to Chandigarh make it an attractive city for both commercial and residential properties. Despite the recent increase in property costs, the city's promising growth trajectory instils optimism in prospective home buyers and investors, raising the question: Is it still an excellent time to invest in Mohali's property market until 2025?

Our exploration of Mohali's real estate market will delve into high-end luxury projects, mid-segment and affordable housing, and how consumers are responding to rising costs. We'll also examine the city's infrastructure development, which is shaping a future that caters to a diverse range of housing needs.

The Real Estate Landscape in Mohali

High-End Luxury Projects

In the last few decades, Mohali has seen a rise in luxurious residential developments targeted at wealthy individuals. The luxury apartments in Mohali housing projects provide world-class amenities like landscaped gardens, gyms, clubhouses and swimming pools, usually in gated communities that guarantee safety and privacy. Some of the most luxurious real estate developments are residential towers and villas in sectors like Sector 66 or 82. Aerocity.

These luxurious developments cater to wealthy people who prefer the highest standard of living and offer more than a house and a total living experience. The cost of these premium properties has been rising steadily, and developers have been profiting from the increasing demand for professionals in Chandigarh and other nearby tech hubs such as Mohali IT Park and Knowledge City.

Mid-Segment Housing

To accommodate the growing middle class, Mohali also offers a variety of mid-segment residential choices. In Sectors 115, 123, and 125, developers are building large, well-designed apartments that balance affordable and modern living. These apartments are priced attractively and are a popular choice for first-time buyers and families.

As demand for housing in the middle class increases, the city is witnessing an increase in builders focused on providing affordable and elegant living areas. These homes are equipped with modern amenities such as parking, elevators, and community centres without the high cost of luxurious homes.

Affordable Housing: The Growing Demand

Affordable housing is an essential aspect of Mohali's real estate growth. The government and private builders are collaborating to offer houses within the price range of less-income families. Projects in areas like Kharar and the forthcoming projects of New Chandigarh (Mullanpur) provide affordable homes for buyers seeking to get to the market.

As urbanization increases, young professionals, students, and families flock to Mohali due to its affordable living costs compared to cities such as Chandigarh. The affordable housing market is one of the most active areas of the Mohali real property sector, catering for those seeking practical, budget-friendly homes that don't compromise on modern conveniences.

Impact of the Upward Surge in Property Prices

In the past few decades, Mohali has experienced a significant increase in real estate value. This is due to the rising demand, the improvement of infrastructure, and the city's transformation into a central urban hub and a major tourist destination; it has triggered an array of responses from potential buyers.

How Are Buyers Reacting?

The rise in the cost of property has created a feeling of scepticism among buyers. Homeowners benefit from increased house equity, whereas potential buyers have to contend with rising costs. First-time buyers, particularly, are struggling to find houses within their budget. This has prompted many to look at affordable housing or homes on the fringes of Mohali in areas where costs remain relatively affordable.

Investors are also looking at their alternatives. While some people aren't keen to purchase due to increasing costs, others are convinced that the city's future growth prospects, as well as its strategically located location and infrastructure, will continue to propel the value of properties in the longer term. Therefore, renters are growing with professionals working near IT parks and office buildings.

The Future of Property Prices in Mohali

With Mohali's rapid development and the increasing demand for luxury apartments, it's likely that property prices will continue to rise until 2025. However, this upward trend could slow down as the market becomes saturated and developers adapt to changing conditions. While prices may still increase, buyers who act sooner rather than later could potentially get better value for their investment.

Mohali's Infrastructure: A Key Growth Driver

Infrastructure has been an essential element in Mohali's property expansion. The city's planned development and ongoing improvement have created a favourable place for commercial, residential and retail investments. Here are a few important infrastructure developments driving this expansion:

Connectivity and Transportation

Mohali's proximity to Chandigarh, the Tri-City's public transport system, and the soon-to-open International Airport at Mohali make the city a perfect area for investing in real estate. Mohali is also well connected via highways such as the Chandigarh-Kharar Road and the Kharar-Landran Highway, making commuting much easier and more comfortable. Shortly, the planned metro extension connecting Chandigarh and Mohali will increase the city's connectivity and property prices.

IT & Education Hubs

Mohali hosts various IT parks, including Mohali IT City and Knowledge Park. Mohali IT City, as well as the Knowledge Park. The parks have attracted tech-savvy professionals and corporate offices, increasing the demand for commercial and residential properties and luxury apartments in Mohali. In addition, the presence of prominent academic institutions such as those at the Indian School of Business (ISB) and Punjab University's Punjab University campus is another reason for the city's population growth in housing and demand for homes.

Healthcare and Amenities

With modern wellness centres, hospitals, and leisure area facilities, Mohali is becoming increasingly independent regarding leisure amenities. The rise of big movie theatres, shopping centres, parks, and restaurants makes it the perfect place for families seeking an urban and balanced life.

Green and Sustainable Developments

Mohali's emphasis on sustainable urban development, including parks, green structures and cutting-edge waste management, attracts eco-conscious consumers and buyers. The city's focus on sustainability adds to its attraction.

Conclusion: Is It a Good Time to Buy in 2025?

Mohali's real estate market is undeniably promising, offering a wide array of housing options to suit various budgets and preferences. Whether you're in the market for a high-end property, a mid-range option, or an affordable housing solution, Mohali has something for everyone. While rising prices may give some buyers pause, those who choose to invest in Mohali's development can expect to reap the benefits of the city's continued growth and expanding infrastructure.

If you're buying for the first time or an investor, 2025 might be an ideal time to get into the market, especially in regions that aren't fully developed but have significant growth potential. If you're looking to buy for investment or personal use, the real estate market in Mohali is worth watching as it develops.

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[realwealthindia]

What are the basic things a home buyer looks for when buying a home in a city like Mohali? Security, a healthy living environment, greenery, and amenities to make life easier are the most prevalent responses. However, one concern that the majority of homebuyers have been asking in recent years is whether the township or society is gated or not where they are buying home. Read Full Article Here - https://realwealth.co.in/why-are-gated-societies-the-best-place-to-buy-a-flat-in-mohali/

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[cornerstonerealtysblog]

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[propertyjournalist]

Jubilee Group Mohali- A Solitaire of Real Estate Investment

The Realty Sector in Mohali is in limelight from the past few years and is quickly turning into an epicenter of growth and investment. The International Airport Mohali is the key player that ensures immense growth and development opportunities in the region. The residential as well commercial/retail real estate prospects in Mohali are achieving a staggering momentum and making Mohali a city of choice for millennials, NRI's and other neighboring states.  

Set in the heart of Mohali, Jubliee Group is the most renowned name in the Commercial Real Estate Market in the Tricity. Their work in terms of, professionalism and quality has set benchmarks for other competitors in the industry. Jubilee Group’s radical approach, people-oriented concepts and purposeful development/utilization of land and space are truly inspiring. 

The group truly justifies the famous quote by John Quancy Adams, “If your actions inspire others to dream more, learn more, do more and become more, you are a leader”.

The commercial and office space by Jubilee Group, Mohali ensures a sustained high footfall from a high-end captive residential area. With state-of-the-art infrastructure and zero compromises on quality, the Jubilee group offers the best commercial real-estate prospects in today’s market completely satisfying the discerning customers.

Due to their commitment to quality and unmatched choice of land; self-business or investments made with this group are completely safe and highly profitable. Jubilee group is not just a name rather it connotes the aspirations, dreams and growth for an individual.

Jubilee Group Ensures Sustainable Intellectual and Material Growth for all Stakeholders

With an aim to add value to clients and their investments, the Jubilee group is managed and run by the most professional and experienced team of directors: Mr. Baljeet Singh and Mr. Sanyam Dudeja. Their dynamic approach and authenticity have earned them a reputed status amongst other builders and realtors in Chandigarh. The Jubilee group’s commitment to excellence in quality was very well personified through their first project Jubilee Square.

The professional expertise of Mr. Baljeet enabled quick flow of knowledge and efficient decision making in all the Jubilee projects. The real-estate prowess of Mr. Sanyam has made Jubilee group to become the #1 commercial group in the entire Tricity. The team follows a customer centric approach and gives paramount importance to customer satisfaction.

Mr. Baljeet believes in keep their promised words and delivering the project within the stipulated timeframe. This creates a sense of trust and confidence amongst the investors and customers. Mr. Sanyam shares that the underlying objective behind each Jubilee group project is to ensure sustainable intellectual and material growth for all stakeholders and clients. Since its inception, Jubilee group has dedicated itself to set benchmarks of architectural marvel and standard buildings that has always amazed the competitors and people alike.

Projects:

From offices to retail spaces, the Jubliee Group is a name to reckon with Mohali’s modernization and urbanization. Fuelled with rich amenities and contemporary architecture, the Jubilee Group offers three phenomenal commercial projects  namely Jubilee Square, Jubilee Junction and Jubilee Walk- all set to change the face of Mohali.

Project 1: Jubilee Square (Airport Road, Aerocity, Mohali)

Based on an international high-street concept, Jubilee Square garners the reputation of an ultimate shopping, food, business and entertainment destination. The project is envisioned to be the Mohali’s first unique and flexible project offering sustainable development to the lifeline of Mohali. This makes it the best option to invest now and reap the benefits in the future.

The SCO sites and SCO floors in Jubliee square are dwelled in a prime location of Aerocity for lifestyle and leisure activities due to its vicinity to residential areas and the busiest airport road. The land (site) was purchased from GMADA (Greater Mohali Area Development Authority) in Auction on October 11, 2017. Within six months, the layout was approved in March 2018. The site was allotted a registered RERA number in the next couple of months in June 2018. This high-quality project was completed on 20 March 2019 in a record breaking time. The possession of this top-notch project started in just 12 Months from layout approval which was a benchmark in itself.

Amazing and Inspiring!

Set amidst a prime location in Mohali, Jubilee Square ensures continued high footfall rate from a high-end enthralled catchment area. The Jubilee Group believes not only in just selling properties but amping up their value as well. The leasing with renowned groups and brands such as CBSE, Hattich, Barista, etc. have significantly increased the value n-times just after the completion and is growing at a fast pace. 

The group is truly an investor oriented company.

Project 2: Jubilee Walk (Sector 70, Mohali)

Continuing with their stint to offer an unrivalled lifestyle and moments of growth, the Jubilee Group purchased their second site again from GMADA in Auction. This G+8 storeyed commercial complex in sector 70 offers double height SCO shops, virtual spaces, office spaces, retail shops, food court, etc. It’s a paradise for gastronomes, workaholics or fashionistas of all ages.

Jubilee Walk offers the people of Mohali, a place to blend work, dine, shop and above all socialize in the most classy and luxurious way. The heart of every property is about location. This project of the Jubilee Group is located within high density of population from the nearby sectors, ultimately making it the most preferred option for investors, customers and business owners.

The construction is going on full swing and the possession is expected by the end of 2022 to mid-2023.

Project 3: Jubilee Junction (Sector 66, Mohali)

The group purchased their third site again from GMADA in a tight auction and won this ingenious site in sector 66, opposite to the renowned Indian School of Business, Airport Road, Mohali. Their radical approach to choosing sites and their business acumen is praiseworthy. The project, Jubilee Junction is a 3 Side Open Site offering a world-class shopping experience.

Jubilee group is a pioneer in giving quality-driven yet budget-friendly retail space in the heart of Mohali. With possession starting in 2021, Jubilee Junction has already received an overwhelming response from the investors and businesses.

Jubilee Group- Nurturing Lifestyle Destinations

All the projects by the Jubilee Group boast a highly exquisite target market due to the vicinity of residential zones and capturing the busiest airport traffic. Investing with the Jubilee Group is highly profitable with guaranteed ROI.

Want to know more about such exceptionally growing properties?

Planning to buy a residential or commercial property but confused? Connect with us for the most accurate, reliable and candid advice on all your real estate issues. Call/whatsapp us at 98777 06384 or email us at balvindersinghkalra@gmail.com to know more about investment options/solutions in this lockdown scenario.

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