The Indian government's ₹4,500 crore investment in modernizing Semi-Conductor Laboratory (SCL) in Mohali promises to boost property values in sectors like 70, 71, Aerocity, and IT City. As tech firms flock to this emerging semiconductor hub, expect sharp price hikes and rental surges in growth areas such as Aerocity and Sector 82, transforming Mohali into a prime real estate destination.
Century Real Estate announces a massive ₹3,000 crore mixed-use development in Marathahalli, East Bengaluru. Spanning 14 acres off the Outer Ring Road, it features 1.7 million sq ft of premium apartments and 0.5 million sq ft of commercial-retail space, creating a walkable live-work-play district for tech professionals near IT hubs and upcoming metro.
As Bangalore's tech corridor prices surge beyond ₹12,000 per sq ft, homebuyers increasingly turn to peripheral areas like Devanahalli and Doddaballapur, where affordability meets strong growth potential and infrastructure development.
Pune's IT outskirts like Hinjewadi Phase 3 and Kharadi deliver steady 3-4% rental yields, driven by tech professionals' demand. These zones offer 12% annual appreciation with lower entry costs than city centers.
A 0.84-acre commercial site in Mohali's Sector 68 near NIPER sold for ₹83 crore in PUDA's e-auction, attracting 25 competitive bids and setting new benchmarks.