Exploring Investment Opportunities: Top Localities in Mohali

Introduction

Mohali has become a hotbed for real estate investments in North India, driven by rapid infrastructure development, its proximity to Chandigarh, and the burgeoning demand from professionals in IT and startup sectors. This blog post delves into the top localities that offer lucrative investment opportunities in Mohali, based on insights gathered from reputable sources.

Top Profitable Localities

1. Sector 125 Mohali
   • Prices: Rs 3,200 – 5,500 per sq ft.
   • Factors: New residential projects, proximity to Chandigarh, improving social infrastructure.
2. Aerocity
   • Average Price: Rs 6,450 per sq ft.
   • Advantages: Highly sought-after, close to the international airport.
3. Kharar
   • Average Price: Rs 3,800 per sq ft.
   • Highlights: Major realty hub, 21% YoY capital appreciation, good rental yields.
4. Zirakpur
   • Development: Emerging real estate destination on Chandigarh-Ambala highway.

Benefits and Risks of Investing

Benefits:

• Price Appreciation: Potential for good appreciation in property value.
• Rental Yields: Healthy rental yields ranging from 3-5%.
• Proximity: Close to key hubs like Chandigarh airport and industries.
• Infrastructure: Robust ongoing infrastructure development.

Risks:

• Market Fluctuations: Subject to market uncertainties.
• Oversupply Risk: Some areas may face oversupply challenges.
• Tenant Vetting: Improper vetting can impact returns negatively.

Mitigating Risks

To mitigate risks, consider diversifying investments across locations, meticulously choose projects, and leverage professional property management services.

Sector 125 and Aerocity, with strong demand and connectivity, are poised for potential annualized returns of 12-15% over 5-7 years. On the other hand, Kharar, while offering budget options, may have infrastructure limitations.

In conclusion, Mohali presents promising investment opportunities, but a careful and informed approach is essential to maximize returns and mitigate potential risks. Keep a keen eye on market dynamics, and choose your investment wisely for a prosperous real estate journey.

Also Read – Wave Estate Mohali: A Comprehensive Overview

Sources

[1] – realestateindia.com
[2] – magicbricks.com
[3] – 99acres.com
[4] – m.economictimes.com