5 Reasons to Invest in Kharar and Mohali Real Estate – IBS Builders and Promoters

Investing in real estate is a strategic decision, especially when it comes to rapidly developing areas like Kharar and Mohali. These neighboring cities in Punjab are transforming into major residential and commercial hubs, offering lucrative opportunities for investors. If you’re considering venturing into real estate, here are five compelling reasons why Kharar and Mohali should be at the top of your list.

1. Infrastructure Development: A Foundation for Growth

Kharar and Mohali have seen unprecedented infrastructure development in recent years. Both cities benefit from well-planned urban growth, with state-of-the-art roads, flyovers, and smart city initiatives. Mohali, particularly, has gained attention for its robust IT and industrial infrastructure, which has attracted numerous multinational corporations. This, in turn, has fueled the demand for residential and commercial properties.

• Smart City Projects: Mohali is part of the Smart Cities Mission, which aims to improve urban infrastructure with efficient water supply, waste management, and e-governance services.
• Flyovers and Road Networks: The improved road network, including flyovers and six-lane highways, enhances connectivity between Mohali, Kharar, and Chandigarh, reducing travel time significantly.

This infrastructure boom translates to better property values and higher returns on investment (ROI) for real estate investors. The rapid development ensures that the demand for property will only grow, offering long-term benefits.

2. Proximity to Chandigarh: Connectivity Matters

Both Kharar and Mohali boast excellent connectivity to Chandigarh, the capital city of Punjab and Haryana. The seamless connectivity through NH-5 and the upcoming Chandigarh-Kharar flyover makes commuting convenient. Moreover, the close proximity to Chandigarh International Airport enhances the attractiveness of these cities to professionals and businesses alike.

• Rail and Air Connectivity: Mohali is well connected via rail, and the international airport serves domestic and international flights, making it a preferred location for frequent travelers.
• Upcoming Metro Projects: Future metro projects connecting Mohali with Chandigarh are expected to further boost the real estate potential in these cities.

For investors, connectivity to major urban centers like Chandigarh is a critical factor when evaluating the growth potential of an area. The ease of access ensures that properties in Kharar and Mohali will continue to appreciate over time, attracting both local and international buyers.

3. Rising Demand for Housing: A Growing Market

With the influx of IT companies, educational institutions, and healthcare facilities in Mohali and Kharar, there is a steadily increasing demand for housing. The region has become a hotspot for professionals seeking affordable and quality living spaces, making it a perfect market for real estate investors. Moreover, Kharar has seen a rise in affordable housing projects, catering to a wide range of budgets.

• IT Sector Boom: Mohali is a growing IT hub, attracting a significant population of professionals who require residential properties close to their workplace.
• Educational Institutions: Prestigious institutions like the Indian School of Business (ISB) and the Chandigarh University in close proximity to Kharar further increase the demand for student and faculty housing.

This rising demand creates an excellent opportunity for investors to tap into both the rental and resale markets, offering a steady stream of income and potential capital appreciation.

4. Affordable Property Prices Compared to Chandigarh

Real estate prices in Kharar and Mohali are considerably more affordable compared to Chandigarh, making them a preferred choice for first-time homebuyers and investors. The price difference is often up to 30-40% lower, yet both cities offer modern amenities and high-quality living conditions. This affordability attracts a broader market segment, from young professionals to families looking to upgrade their living standards.

• Affordable Housing Projects: Kharar, in particular, offers a range of affordable housing projects, from high-rise apartments to independent villas, allowing investors to choose properties that fit their budget.
• High Rental Yields: The affordability combined with the rising demand for housing ensures higher rental yields, making Kharar and Mohali attractive for buy-to-let investments.

5. Government Policies and Investor-Friendly Environment

The government’s focus on developing the region has led to policies that favor real estate growth. Incentives for first-time homebuyers, tax benefits, and streamlined property registration processes make it easier for investors to purchase and profit from real estate in Kharar and Mohali.

• RERA Compliance: Most new projects in Kharar and Mohali are RERA-compliant, ensuring transparency and safeguarding the interests of buyers and investors.
• Smart City Mission: The inclusion of Mohali in the Smart City Mission has led to rapid development, with a focus on creating sustainable and investor-friendly infrastructure.

How IBS Builders and Promoters Can Help You Get the Best Returns

Investing in the right property at the right time is crucial to maximizing your returns. IBS Builders and Promoters have an extensive portfolio of properties in Kharar and Mohali that cater to both budget-conscious and luxury investors. Their expertise in the local real estate market ensures you get the best value for your money, whether you’re looking to buy residential or commercial property.

They provide end-to-end assistance, from property selection to registration, ensuring a seamless investment process. By leveraging their experience and market insights, you can make informed decisions that will yield long-term benefits.

FAQs

1. Why is investing in Kharar and Mohali a good idea?

Kharar and Mohali are rapidly developing cities with strong infrastructure, excellent connectivity, and rising demand for housing. These factors contribute to higher property values and better returns on investment.

2. What are the growth prospects for real estate in Mohali?

Mohali is part of the Smart Cities Mission and has become an IT and industrial hub, attracting a growing workforce that increases demand for both residential and commercial properties.

3. How does the affordability of Kharar’s real estate compare to Chandigarh?

Real estate in Kharar is significantly more affordable than in Chandigarh, with prices being 30-40% lower. This affordability, combined with rising demand, makes Kharar a promising area for investment.

4. How does IBS Builders and Promoters help investors?

IBS Builders and Promoters provide expert guidance, property selection, and registration services, helping investors make informed decisions to get the best returns on their investment.

5. What are the expected returns on investment in Kharar and Mohali?

Given the rapid infrastructure development, high demand for housing, and affordable prices, investors can expect good returns in the medium to long term.

Conclusion

Investing in Kharar and Mohali real estate offers immense potential due to their infrastructure development, proximity to Chandigarh, rising demand for housing, affordable property prices, and investor-friendly government policies. These factors combine to create an ideal environment for both first-time buyers and seasoned investors.

Don’t miss out on the opportunity to secure your future with a smart real estate investment in these rapidly growing cities. Contact IBS Builders and Promoters today to explore the best investment options in Kharar and Mohali.