Mohali’s Commercial Real Estate Boom: IT Parks and Emerging Submarkets Driving Investment Growth in 2025
Mohali has become a top spot for commercial real estate investment, especially in IT parks and new business areas. The city’s close location to Chandigarh’s corporate sector, along with lower costs, is causing a big rise in demand for office spaces, retail centers, and mixed-use buildings.
Surging Demand for Modern Office Spaces
Mohali’s IT parks, like STPI Mohali (Asia’s biggest IT Park), are attracting big companies and multinational companies looking for affordable options. Reasons for this shift include:
- Close to Chandigarh’s IT hub: Easy access to India’s top IT and corporate areas boosts business connections.
- Lower costs: Compared to Chandigarh, Mohali has cheaper rents and lower infrastructure costs, appealing to startups and small businesses.
- Modern infrastructure: Investments like ONE Group Developers’ ₹1,200 crore project are upgrading commercial areas.
The IT Sector Catalyst
STPI Mohali has made Mohali a tech-focused place. This environment supports:
- Tech jobs: More workers mean a need for top-notch office spaces.
- Corporate moves: Big firms are choosing Mohali’s IT areas over crowded markets.
- Government help: Better roads and policies speed up development.
Rental Yields and Investor Appeal
Mohali’s commercial properties offer good returns for investors, with highlights:
- Varied demand: From IT firms to retail and logistics, the market serves many needs.
- Growth potential: Areas like Sector 82-85 and Aerocity show promise for big gains as infrastructure grows.
- Stable rents: Long-term leases from big companies provide steady income.
Prime Submarkets to Watch
Sector 82-85: The Emerging IT Corridor
This area is changing fast due to:
- Good connections: Close to highways and transport hubs.
- Developer projects: ONE Group’s commercial plans are turning this area into a corporate center.
- Land availability: Lots of land lets businesses grow.
IT City and Aerocity: Established Hotspots
These spots are still in high demand because:
- Lots of people: Retail and entertainment areas draw tenants and customers.
- Great infrastructure: Well-linked to Chandigarh and nearby industrial zones.
- Mixed uses: Retail, office, and hospitality spaces work well together.
Sector 119: The Future of Mixed-Use Developments
Anantam, a big project by SPJ Group and VRS Group, shows this trend. Located in Sector 119, it includes:
- Residential and commercial spaces: with smart tech integration suitable for live-work lifestyles.
- Near industrial zones: Links to Mohali’s manufacturing and IT sectors.
- Luxury retail and dining: Boosts tenant appeal and investment value.
Why Mohali Stands Out
- Cost savings: Lower land and development costs compared to big cities.
- Government support: Focus on smart cities and IT infrastructure.
- Diverse tenants: Startups, small businesses, and big companies.
- Rental growth: 8-12% annual yield in top areas.
The Road Ahead
As Mohali grows as a commercial hub for Chandigarh, investors should focus on new business areas. Places like Sector 88 and Aerocity are set to grow, offering affordability and good connections. With developers like ONE Group and SPJ Group leading, Mohali’s commercial real estate will shape India’s northern economic corridor.
In 2025, IT-driven development will stay key, depending on continued infrastructure and policy changes. For smart investors, Mohali offers a chance to jump in early before prices rise.