Overview of Industrial Area, Mohali

Location and Accessibility

Industrial Area in Mohali is situated near key infrastructure and amenities. Wide roads, including 100-foot outer roads and 60-foot inner roads, make traffic flow easier.

Property Prices and Trends

• Starting property prices in Industrial Area, Mohali are Rs. 3,733 per sqft. The average price is Rs. 8,503 per sqft, with some extremely expensive properties reaching Rs. 17,640 per sqft.
• Property values fell by 17.52% over the past year, suggesting good opportunities for value-seeking buyers.

Types of Properties Available

• Residential and Commercial Plots:
  • Industrial plots are offered in sizes of 500 and 1000 square yards.
  • Suitable commercial land is available for institutions, hotels, or hospitals.
• Office Spaces:
  • Fully furnished offices are available for rent, from 565 to 6500 square feet, priced differently based on the location and amenities.
• Industrial Land:
  • Industrial lands come with essential electricity and water supply connections, ready for use immediately.

Infrastructure and Amenities

• Road Connectivity: The area features wide roads and is near major landmarks such as the Chandigarh International Airport, which benefits businesses and residents.
• Educational and Financial Institutions: The nearby presence of Plaksha University and HDFC Bank head office boosts the area's educational and financial value.
• Green Spaces: Despite its industrial nature, it includes small parks for relaxation and environmental balance.

Rental Options

• Office spaces and warehouses can be rented, some fully furnished with amenities like cabins, conference rooms, and pantry areas.
• For instance, an IT Park SEZ office space of 6500 square feet is available for Rs. 2.5 Lac per month, with a security deposit of ₹7.5 lakhs.

Investment Potential

• This area is seeing growth in commercial real estate, making it an attractive spot for investors.
• Its close proximity to the Chandigarh International Airport and other key infrastructure makes it highly sought after. Properties here are expected to hold and grow in value.

PropertyWala's Conclusion

Industrial Area, Mohali, brings together industrial growth, educational institutions, and financial services, all supported by great infrastructure. Whether buying or renting, this area offers a great opportunity due to its strategic location, diversified property options, and potential for appreciation. It's perfect for both users and investors aiming to capitalize on Mohali's burgeoning real estate market.