90566-66533
Plot Number 66, 2nd Floor, Industrial Area Phase 2, Chandigarh
info@thepropertysafari.com

Mohali

Affordable Property for Sale in Mohali - Are you looking for affordable property for sale in Mohali? Mohali is a fast-growing city in Punjab that has seen significant expansion in the real estate market. It is a great location to invest in real estate due to its proximity to Chandigarh, making it a popular choice for people looking to invest in real estate. The Property Safari is an organization of real estate dealers that helps buyers and investors find low-cost real estate in Mohali. Property Safari is an all-inclusive portal that allows you to find homes based on your budget and needs. This includes listings of both commercial and residential properties. It offers a simple interface that makes it easy to find the right property for you. You can narrow your search according to your budget, area, home type, and other factors. You can also learn about the features of the property, such as the number of bedrooms, bathrooms, and other amenities.

How Has the Real Estate Market in Mohali Evolved Over Time?

Over the years, the strategic location of Mohali, a city in Punjab, India, its proximity to Chandigarh, and its well-planned infrastructure have made it a real estate hotspot in recent years. This development can be divided into five important phases, each of which contributes to the current state of Mohali's real estate market:

Early Development

Mohali, originally known as SAS Nagar, was established in the 1950s as a satellite city of Chandigarh, the capital of Punjab and Haryana. With inadequate infrastructure and a predominantly rural setting, Mohali's real estate market was in its infancy at that time. There were some residential and commercial projects, and the city largely served as housing space for government employees.

Emerging as a real estate hub

The early 2000s were a watershed moment in the city's real estate market. Significant urbanization and infrastructure development began in the city. During this period, new residential areas, commercial centers, and educational institutions were built. The growth of Chandigarh's economy as well as the advent of IT and corporate sectors in the Tri-City boosted the demand for residential and commercial properties in Mohali.

Residential and commercial boom

With an increase in residential and commercial construction, Mohali witnessed a real estate boom during this time period. Developers took advantage of the city's strategic location and lower cost of living compared to Chandigarh. High-rise residential complexes, shopping malls, and office buildings were popular.

Affordable Housing

The mid-2010s saw a shift towards more affordable housing options in Mohali. Developers began to attract a wider variety of customers by offering low-cost apartments and standalone residences. This made homeownership more accessible to a wider range of people.

Rise of the IT sector

The IT and technology sector had a significant role in the real estate development of Mohali. Many IT businesses and tech parks established themselves in the area, resulting in increased demand for housing and commercial space. This trend pushed home values in the area even higher.

Future Prospects

The future of the real estate sector in Mohali is bright. The city's strategic location, economic growth, and infrastructure development continue to attract home buyers and investors. The market is projected to remain active and grow further as a result of ongoing and planned infrastructure initiatives.

Target Areas for Affordable Properties For Sale in Mohali

When looking for affordable properties for sale in Mohali, it is important to check out different neighborhoods and areas that offer both affordability and convenience. Here are some areas in Mohali to look for affordable properties: Kharar Road (NH-21) -  Kharar Road is a prime area of Mohali for low-cost housing. It offers a variety of housing possibilities, including apartments, builder floors, and standalone houses. Buyers are attracted to this area due to its proximity to Chandigarh and excellent connections. Sectors 127, 126, and 115 - Mohali have been identified as viable locations for affordable housing. They offer a variety of residential options including flats and plots. These industries are well-planned with adequate infrastructure and facilities. Aerocity -  While Aerocity is famous for its premium homes, it still has affordable living options, especially on the outskirts. This neighborhood is well-connected to the airport and major highways, making it an ideal choice for people looking for affordable properties with a touch of grandeur. Sectors 68 and 70 - Are comparatively cheaper than some of the more central sections of Mohali. They offer apartments and builder floors at reasonable prices. These are also known to be close to industry IT parks and educational institutions. Sunny Enclave -  Sunny Enclave is a planned development in Kharar, Mohali. It has gained popularity due to its low-cost independent residences and builder floors. The neighborhood has great infrastructure and is ideal for families.

Perks Of Using The Property Safari to Find Affordable Property for Sale in Mohali

Finding affordable property for sale in Mohali can be a difficult and time-consuming endeavor. The real estate market is always changing, and finding the right property to suit your budget and tastes requires skill and local knowledge. This is where Property Safari can help. In this blog, we will look at the many benefits of working with The Property Safari as your trusted partner in finding affordable property in Mohali

Conclusion

Mohali is more than a city; This is an opportunity waiting to be discovered. You can start your own property safari with The Property Safari as your trusted partner, and discover affordable real estate treasures to suit your budget and lifestyle. Whether you are looking for a comfortable home or a wise investment, Mohali has something for everyone. Don't miss the opportunity to be part of the success story of this expanding and dynamic community. Contact Property Safari today to start your path towards owning a piece of Mohali's affordable real estate.
Contact Information
Name – The Property Safari  Address –  Plot Number 66, 2nd Floor, Industrial Area Phase 2, Chandigarh, 160002  Mail – info@thepropertysafari.com  Phone Number  – 90566-66533,  62841-86906