From IT Hubs to Dream Homes: Why is Mohali a real estate goldmine? – Money News

Mohali, a vibrant city of Punjab, has transformed from a satellite city of Chandigarh into a dynamic hub of growth and innovation. With its strategic location and developing infrastructure, it has emerged as a world-class real estate destination offering opportunities to investors, businesses and home buyers.

A Market Full of Promises

Mohali’s real estate potential is supported by its connectivity to Chandigarh, a strong industrial base, and progressive urban planning. Its ability to balance affordability and luxury positions it as a highly attractive option for a diverse target audience, including young professionals, NRIs, and families seeking sustainable living environments.

The Rise of IT Centers and Industrial Growth

The key to Mohali’s rise as a premium real estate destination is its transformation into a tech hub and industry. The establishment of iconic technology parks like Quark City and Chandigarh IT Group has redefined the economic landscape of Mohali. These centers have not only attracted leading technology companies, but also initiatives but it also created a ripple effect, increasing demand for residential and commercial space.

Complementing the IT success is Mohali’s industrial prowess. Being the industrial hub of Punjab, the city has designated areas serving the pharmaceutical, textile and automotive industries. Proximity to Chandigarh International Airport and major highways are increasing its appeal and driving a strong demand for mixed-use developments that integrate residential, retail and work spaces.

Also Read: SIP Investment: 5 common mistakes to avoid to get the most out of SIPs

Luxury and Sustainability in Residential Real Estate

Mohali offers a variety of housing options, from affordable housing in areas like Kharar to world-class developments like Hero Homes Mohali in Sector 88. These projects set new benchmarks by blending luxury with environmentally friendly living.

Key residential areas include:

• Sector 88: It is known for high-end projects with greenery and meditation zones in the middle.
• Airport Road: A rapidly growing corridor near Chandigarh International Airport.
• IT City and Aerocity: It particularly appeals to professionals and business leaders.
• Kharar and Zirakpur: Affordable yet well-connected suburban options.

Innovations in Sustainable Living

Mohali is setting a benchmark in sustainable urban development under the Smart City initiative. Investments in climate-smart infrastructure, green energy and digital services have been transformative.

The city’s focus on reducing its carbon footprint and promoting the use of clean energy provides long-term environmental benefits. This forward-thinking approach attracts both developers and residents who value sustainable living.

Looking to the Future

With the ongoing expansion of IT hubs, upcoming metro connectivity and rising interest in NRI, Mohali is poised for a bright future. Its blend of innovation, industrial growth and sustainable practices positions it as one of the leading companies. India‘s leading real estate destinations.

Now is the ideal time for investors and homebuyers to explore the opportunities offered by this vibrant city where quality living meets future-ready infrastructure.

Mohali’s evolution is a testament to the power of vision, planning and innovation. It exemplifies how cities can evolve by embracing technology, sustainability and inclusion as they continue to grow.

The future of real estate in Mohali is not only promising but also transformative.

(Written by: Madhur Gupta, CEO, Hero Realty)

Disclaimer: Views, advice and opinions expressed are personal and do not reflect the official position or policy of FinancialExpress.com. Readers are encouraged to consult qualified financial advisors before making any investment decisions. Unauthorized reproduction of this content is prohibited.