The IT Revolution Transforming Mohali's Real Estate Scene
Mohali's evolution into North India's leading tech hub is opening up unique chances for property investors. STPI Mohali, Asia's largest IT park, sits at the heart of this transformation, drawing in multinational corporations seeking cheaper options than traditional tech centres.
Key Areas Seeing Major Changes
IT City: The Top Investment Spot
IT City stands out as the best investment area. Property values here have seen huge increases, and investors like Aman Sharma have made significant profits since 2018. The area enjoys close ties to major tech firms and recent infrastructure upgrades.
Areas Close to STPI Mohali
Residential zones near STPI Mohali are seeing a big rise in rental demand. Young professionals are moving in, boosting both property prices and rental returns. The government's ₹1,200 crore investment in infrastructure by ONE Group Developers further boosts these neighbourhoods.
Driving Future Growth
Infosys's plan to create an AI-based project creating 5,000 jobs in three years makes Mohali a key player in the semiconductor industry. The GMADA's ₹50 crore power substation project meets infrastructure needs, while the government's single-window approval system makes business operations easier.
Best Investment Tips
Smart investors prefer residential properties that are close to good transportation options and IT parks. Co-living spaces offer great chances due to the influx of young professionals. Commercial real estate near Exhibition-cum-Convention Centres also looks promising.
The mix of government support, corporate investments, and strategic locations makes Mohali's IT park neighbourhoods the top real estate investment spots in North India today.