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GMADA has invited applications for allotment of Residential Plots at ECO CITY-2, New Chandigarh. Applications are invited for total of 289 plots.
The Advantages of location is that it is situated on 200ft wide six lane road and is in vacinity of already developed Eco City-1 and Medicity Projects. Plots are also being expected to be in good demand due to its excellent connectivity from International Airport, PGI and Punjab.
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Many people start dreaming about their home decades ago. They consider various things before buying their dream home like how many bedrooms they want, what type of neighborhood they want to live in and much more.
Owning to factors such as Urbanization and Government Initiatives such as Smart City Missions, Housing for All and Development of Airports, real estate sector is booming not just in major cities but also across many tier 2 cities. One of Such City is Mohali (Includes Greater Mohali). Mohali being in close proximity been developed in continuity to Chandigarh and also being regarded as mirror image of Chandigarh. Mohali is regarded as one of the emerging city of the country owing to great connectivity, well developed medical and education sector, ample job opportunities due to influx of it companies and many more.
Mohali being the first choice of city residence for North Indians, there must be some prominent reasons for the same. Lets get some inside info about that :-
Employment and Investment Oppertunity
With the introduction of International Airport, Mohali has been attraction for all the major It companies and Corp-orates. Also the subsidy for registration of Industrial Plots in many Pockets of Mohali has attracted many companies to set up their plants or factories in Mohali or in Close proximity to Mohali which further have given boost to employment and also directly increased the investment manifolds.
Infrastructure being developed on lines of Chandigarh, which makes it potential City for Investment. The enhanced infrastructure have attracted many Developers to come with some of the premium Commercial Projects in Mohali and Greater Mohali region. With Introduction of Commercial Properties, local residents and North Indians are getting more educated about the concept of commercial investment and are now more informed about the potential returns they can get through renting out that commercial properties. Mohali has now already established itself as an attractive destination for Commercial Investors. Increased investment by Investors, businessman and entrepreneur has blossomed the retail sector in Mohali which has further directly increased real estate demand in Area.
Upcoming Projects like Jubilee Walk, Mohali City Center, etc have further attracted the attention of big investors towards Mohali.
RISING RESIDENTIAL DEMAND
Every Growing Commercial Sector in Mohali have further boomed the Residential Sector. Increased Commercial Investment have led to opening of various Retail Stores, Factories, Corp-orates etc , which have direct impact on employment which have multiplied the spending power of people here and which has further attracted the people from surrounding cities and states.
Those who are looking for property in Mohali (including Greater Mohali) The premium high end 2 Bhk Starts @ Rs. 25 lacs @ Rs2400/ sqft which is very affordable and under-prized if you compare it to properties prices in Zirakpur or any other city keeping in mind the amenties, infrastructure and living standard. The Builder like GBP, Gillco, MTPL etc have brought the high end luxury project with in the pocked of Lower Middle Class. The Easy Payment Terms such Subvention Scheme have further increased the Intrested of Lower middle Class and Middle Class to buy the home of their dream.
There is also one more Class the Top Premium class Apartments in Mohali are second to None, The Introduction of Projects like Marbella Grand, Gillco Parkhills has brough the Mohali Housing among the top not only in North India but at Internatinal Level. The Amenities and Specification being provided in the some of projects are even better than the specifications provided in top projects in Thailand or Singapore or infact in any other major World City. The introduction of such projects have attracted lot of HNI and NRI which have also boomed the commercial sector .
So Residential and Commercial sector goes side by side developing and growing together.
CONNECTIVITY AND INFRASTRUCTURE
Mohali is at an advantageous position with regards to convenience and access to key locations. There is easy accessibility via a 200-ft ring road and rail connectivity to Chandigarh and nearby cities of Ambala and Delhi. Presence of a new international airport further makes Mohali a viable investment option. Metro link under the Chandigarh Metro Rail project, once operational, will improve the travel experience for the citizens.
Mohali is also a bustling education hub with the presence of many prestigious academic institutes for professional studies. These include the Indian School of Business (ISB), the Chandigarh Business School (CBS), the National Institute of Pharmaceutical Education and Research and other law and medical colleges. Known for its famous cricket stadium, Mohali also offers other important social amenities such as best in class healthcare centres, over 90 schools and a plethora of shopping malls, cineplexes, eateries and retail shops.
For Investment Advise in any Commercial and Residential Property in Mohali (Greater Mohali) Contact 7508254401