The Digital Revolution Transforming Mohali's Housing Market
Mohali has evolved from Chandigarh's peaceful neighbor into Punjab's tech hub. The IT sector's growth has sparked unprecedented residential demand, opening up golden opportunities for savvy investors.
Top Investment Areas Close to Tech Corridors
Aerocity Extension is leading the way with remarkable growth. Property rates surged 70% in 2025, making it the top investment spot. The upcoming airport terminal boosts this area's appeal, with starting prices at ₹5,500 per sq ft and a 25% expected appreciation.
IT City Phase 2 is another hotspot. Smart infrastructure and tech park expansion drive demand from professionals seeking modern amenities. Starting at ₹4,800 per sq ft, investors can expect 20% growth.
Knowledge City focuses on education-driven development. Research centers and academic institutions enhance rental demand. At ₹4,200 per sq ft, it offers 18% growth potential.
Why IT Pros Favor These Areas
Proximity is key. Tech workers prefer short commutes to major hubs like Quark City and Chandigarh IT Cluster. Gated communities near IT Park and Phase 10 command premium rents due to convenience.
Rental yields are rising across all segments. The influx of young professionals has pushed rental prices up significantly, especially near business district areas.
Market Performance and Future Outlook
Mohali's residential segment saw an impressive 15% average price appreciation in 2024. Luxury properties lead with 20-25% growth, while affordable housing maintains steady 10-12% increases.
Sectors 79-85 saw explosive 80% rate increases, reflecting strong institutional confidence. NRI investments jumped 30%, drawn by luxury developments and smart amenities.
Smart Investment Tips
Focus on properties within a 5km radius of established tech parks. These locations offer dual benefits - strong rental income from IT professionals and robust capital appreciation.
IT professionals and investors like mixed-use development properties combine residential and commercial spaces. They provide diversified income streams while capitalizing on the growing office space demand.
The IT sector's continued expansion ensures sustainable growth, making Mohali's residential market a compelling long-term investment destination.