Kharar Mohali – A New Option For Property Purchase For Real Estate Investors

The real estate market in Kharar Mohali attracts potential buyers to part with their hard-earned cash to purchase flats, apartments, plots, and offices. Kharar is one of the most popular locations for the best property investment in Mohali. It is roughly 4 km from Mohali and 15 km directly from Chandigarh. Besides that, the proximity of Chandigarh to Kharar is drawing major real estate players from cities like Chandigarh and Delhi.

In fact, property dealers now focus more on India’s tier-2 cities than its major metropolises. In this regard, Kharar Mohali has a lot to offer in terms of real estate investment. This section appears promising and offers a sizable portion of the modernization initiatives in Kharar real estate. Not to mention, the availability of home loans for new construction has given the real estate market a boost.

Industry insiders also stated that Kharar real estate is primarily an investor-driven market and that this segment is much more active than the area for end users. Some of the factors that make Kharar Mohali properties an appealing investment device are their suitability, low operating costs, and ample land availability.

Why to Invest Real Estate Market in Kharar Mohali?

Kharar Mohali, a neighboring city to Chandigarh, is now seeing rapid growth in the real estate sector. This city is best known for its high live ability quotient, influx of IT companies, improved transportation connectivity, and better commercial investment options for real estate investors in Kharar Mohali.

Furthermore, it is sometimes referred to as a satellite town in Punjab as well as a cluster of villages. After all, it has now become a busy commercial end, and there are numerous plans that are rapidly developing as a result of improved efforts from GMADA as well as the state administration. In contrast, property for sale in Kharar, Mohali, is readily available and presents a fantastic opportunity for budget-conscious individuals to purchase commercial or residential property without any nuisance.

Major Benefits Of Investing in Kharar Mohali

Due to its planned location and easy access to Delhi, Chandigarh, Manali, and Mohali, the area has seen a rapid increase in real estate investments. To emphasize, Kharar has been very successful in recent years in luring people’s attention to buy commercial and residential property. There are several factors that contribute to the ever-increasing demand for the real estate market in Kharar Mohali. The following are some of the most important factors listed below:

1- The Most Reasonable Rates

In comparison to Chandigarh, Kharar offers the best selection of properties at affordable prices. As a result, you can easily buy a home in Kharar for both residential and investment purposes.

2- Better connectivity to the other cities

As previously stated, Kharar is well-connected to neighboring cities like Chandigarh, Mohali, and Ropar. Consequently, finding property for sale in Kharar or a plot in Kharar will be simple if your office is in one of these locations.

3- Outstanding transportation connectivity

In addition to having fantastic connectivity advantages, Kharar offers a wide range of transportation options. Local and long-distance buses, as well as other public transportation, are available quickly at all times.

4- Excellent Investment and Job Opportunities:

Mohali, also known as SAS Nagar, has a large number of job opportunities for its residents. The state’s government plans, such as “Ghar Ghar Naukri,” enable a number of IT companies and more multinational businesses to open their doors for better jobs and employment prospects in the foreseeable future in Mohali. So, Kharar is a very promising place to live for all of your needs because Mohali generates a lot of job opportunities.

5- High Demand For Residential Real Estate

The thriving commercial sector of Kharar Mohali real estate has led to the expansion of the residential sector as well. Apart from that, the government is providing significant assistance through various housing schemes administered by GMADA, which is also helping to meet the needs of residents in Kharar Mohali.

For those interested in the real estate market in Kharar Mohali, apartments in Kharar Mohali are typically available for Rs 3,200 per square foot.

• A basic one-bedroom apartment of 700 square feet starts at Rs 25 lakh.
• Apartments with 2 bedrooms and 980 square feet cost an average of Rs 30 lakh.
• 3BHK apartments of 1,200 sqft are typically priced at Rs 35 lakh, while luxury apartments of 1,500 to 2,000 sqft range in price from Rs 80 lakh to Rs 1.3 crore. On the other hand, rent for a single 2BHK residential property starts at Rs 15,000 per month.
• The most desirable areas of Kharar Mohali are Sectors 115 and 126, as well as Zirakpur and Mullanpur. Furthermore, these areas are in high demand for a variety of residential projects. In recent years, these localities have even seen a good cost of appreciation. However, the airport road, Gazipur, and even GMADA AeroCity are additional areas that need investment.

Conclusion

Kharar, also known as Greater Mohali, is a popular residential area in Mohali. It is well-connected to nearby cities such as Chandigarh, Mohali, and Zirakpur. In addition, this location has a plethora of transportation options, including local as well as long-distance buses and other forms of public transportation. At the same time, the Punjab government is attempting to make this city the premier destination for property investors in Kharar Mohali’s northern region. Kharar Mohali is one of Punjab’s most rapidly emerging and developing IT sectors. Not to mention, it has been vital to the growth of the real estate industry in Punjab and other northern Indian states.

Some other landmarks in this city include shopping centers, the International Airport, a golf course, and the ISBT Mohali, all of which are important components of the city’s allure as a place to buy real estate. On the contrary, Kharar has countless food outlets within a one-kilometer radius. The region has a young population because there are a number of prestigious colleges nearby, which makes the real estate market in Kharar Mohali and rental income profitable.

Do you want to invest in real estate in Kharar?

So plan ahead and make a financial investment in Kharar Mohali property. There are several ways to contact us and learn more about real estate in Kharar Mohali. The simplest and most convenient method is to visit our real estate website. With thousands of properties available, our website gives you a good idea of price, budget, property types, and property availability. After reading the above points, if you are still interested in purchasing a property in Kharar, please contact 99 Pillars right away.

We would be happy to offer you our expert property services and the best advice on how to invest in real estate! You can enjoy the best amenities at the most reasonable price.