Best Place to Buy Property in Mohali - Property Masters

In Mohali, several areas are popular for property investment due to their proximity to key infrastructure, amenities, and commercial hubs. Here are some of the best areas to buy property in Mohali:

1. Sector 110 and 111:
• These sectors are rapidly developing and are well-connected to major highways and the Chandigarh International Airport. The availability of both residential and commercial spaces makes it a good area for investment.
2. Sector 64:
• Known for its connectivity to Chandigarh, this sector is ideal for both residential and commercial properties. It’s also near the Mohali IT Park, making it attractive for professionals and businesses.
3. Sector 82:
• Located along the main Mohali-Kharar road, this sector is home to several residential developments. It has good road connectivity and is close to commercial hubs like the Kharar and Zirakpur areas.
4. Sector 115:
• This area is becoming popular due to the increasing number of new developments, particularly for those looking for a balance between urban living and green spaces.
5. Kharar:
• Situated on the outskirts of Mohali, Kharar has been gaining traction due to its affordability and future growth prospects. With the growing infrastructure and easy access to Chandigarh, Kharar is considered a great option for long-term investments.
6. Mullanpur (New Chandigarh):
• A planned city, New Chandigarh is becoming a hotspot for real estate investments. It’s relatively more affordable compared to central Mohali areas, and the ongoing development of amenities makes it a good choice for investors looking for growth potential.
7. Sector 91-92:
• Close to Mohali’s commercial center, these sectors offer both affordable and luxury housing options, with well-planned roads and infrastructure.
8. Airport Road Area:
• With the airport being in proximity, this area offers easy access to both Mohali and Chandigarh. It’s good for both residential and commercial investments.

Consider factors like your budget, proximity to work, and future infrastructure plans when choosing a location. If you’re investing, sectors with significant future growth potential, such as Kharar or Mullanpur, are particularly attractive.

Mohali offers a variety of property options, whether you are looking for residential, commercial, or investment properties. Here’s a breakdown of the different types of properties available in Mohali:

Residential Properties:

1. Apartments and Flats:
• Locations: Sectors like 66, 82, 91, 115, and Kharar are popular for apartment developments.
• Price Range: Prices can vary depending on the location, size, and type of the flat, ranging from ₹30 lakh to ₹1.5 crore or more.
• Features: Modern apartments with amenities such as swimming pools, gyms, security, and easy access to schools, hospitals, and malls.
2. Independent Houses/Villas:
• Locations: Sectors like 110, 111, 115, and New Chandigarh (Mullanpur) offer independent houses and villas.
• Price Range: The price for villas typically starts at ₹70 lakh and can go up to ₹3 crore depending on the size and location.
• Features: Spacious homes with gardens, private parking, and in some cases, luxurious amenities. New Chandigarh is especially known for its luxurious villa projects.
3. Plots for Residential Construction:
• Locations: Plot options are available in developing sectors like 113, 115, and New Chandigarh.
• Price Range: Depending on the sector, the prices for plots range from ₹30 lakh to ₹1 crore or more.
• Features: Buyers can choose the size and type of plot based on their construction preferences. New Chandigarh has a lot of upcoming residential plots.

Commercial Properties:

1. Office Spaces:
• Locations: Areas like Sector 62 (IT hub), Sector 91, and Mohali’s Airport Road are preferred for commercial properties.
• Price Range: Commercial spaces here range from ₹50 lakh to ₹3 crore or more depending on the location and size.
• Features: These areas offer office spaces suitable for businesses, with good connectivity to both Chandigarh and Mohali.
2. Retail Spaces:
• Locations: Malls and retail spaces are available in Sector 17, Sector 82, and Sector 91.
• Price Range: Retail spaces can range from ₹30 lakh to ₹2 crore based on foot traffic, visibility, and proximity to commercial hubs.
• Features: Suitable for setting up showrooms, shops, and cafes, especially in high-footfall areas like malls or main market roads.
3. Mixed-Use Development Projects:
• Locations: New Chandigarh (Mullanpur), Sector 66, and Sector 92 have several mixed-use developments.
• Price Range: Prices range from ₹60 lakh to ₹3 crore, depending on size and location.
• Features: These developments offer a combination of residential and commercial spaces, offering great investment potential for those looking for both rental income and long-term value appreciation.

Investment Opportunities:

1. Kharar:
• Kharar offers affordable properties compared to central Mohali, with prices expected to appreciate due to increasing demand. You can find both residential and commercial plots starting at ₹25-30 lakh.
2. Mullanpur (New Chandigarh):
• This area is being developed into a smart city and is a great option for long-term investment, particularly for residential plots and villas. Prices here are on the rise, especially as infrastructure develops.
3. Sectors along the Airport Road:
• Proximity to the Chandigarh International Airport makes these sectors prime for both residential and commercial investments. There are several new projects, with prices starting at ₹40-50 lakh for a 2BHK apartment.
4. Sector 91-92:
• This is another growing area where properties are gaining popularity for both personal use and investment purposes. The price range here for a 3BHK flat can range from ₹60 lakh to ₹1.5 crore, with good connectivity to the rest of Mohali and Chandigarh.

Key Considerations for Property Buyers in Mohali:

• Connectivity: Proximity to major roads like the Chandigarh-Kharar Road, Sector 62-IT hub, and the upcoming metro system in Mohali.
• Amenities: Availability of schools, hospitals, malls, parks, and recreational facilities. Newer developments, particularly in Mullanpur and Sector 91-92, are well-planned with modern amenities.
• Development Plans: Mohali is rapidly growing, with new residential, commercial, and infrastructure projects. It’s worth researching areas with future growth potential.
• Budget: Mohali offers options for various budgets, from affordable 1-2BHK apartments in developing areas to luxurious villas in areas like New Chandigarh.

Would you like more specific details on any area or type of property in Mohali?