When it comes to real estate investment in Chandigarh and surrounding areas, Chandigarh, Mohali, and Kharar are extremely popular cities. Mohali is an unshakable IT hub, Kharar is rapidly developing with affordable to premium options, and Chandigarh does not even need introduction. Each of these cities presents unique gains making it a bit challenging for homebuyers and investors to opt for the remarkable option. In this blog, we are going to compare property investment options in these three prominent locations.
Checkout the details comparison of property investment in Chandigarh, Mohali, and Kharar:
Chandigarh
Chandigarh, the City Beautiful is a premium investment hub presenting a flawless blend of luxury, convenience, and long-term appreciation. The grid-based sectors, wide roads, and several parks and gardens set standards for urban planning. Chandigarh is known for its leading educational institutions, healthcare facilities, and shopping complexes.
- Premium residential & commercial properties
- Price range INR 80 lakh to INR 5 crore and above
- Established reputation
- High-quality luxury life
- Ingeniously planned infrastructure
- Excellent connectivity
- Expensive property prices
- Limited available options
Mohali
Mohali, the Powerhouse of Growth has significantly emerged as a solid competitor to Chandigarh offering a fusion of affordability and potential for excellent growth. In Mohali the properties are less expensive than Chandigarh. IT City in Mohali has emerged as a hub for startups and tech companies raising the extreme demand for commercial as well as residential spaces.
- Affordable to mid-range properties
- Price INR 40 lakh to INR 2 crore and above
- Evolving IT hub
- Effortless connectivity to Chandigarh and its surroundings
- Well-planned layout
- Several green and recreational spaces
- Thriving employment options
- Expensive than Kharar
Kharar
Kharar, a perfect blend of Affordability and Amenities is becoming the first choice for budget-conscious investors and buyers. The affordability and proximity to Chandigarh, Mohali, and Panchkula make it an appealing option. Kharar offers a variety of affordable flats, plots, and apartments with a growing population of students, young professionals as well as families.
- Affordable housing options
- Price range INR 25 lakh to INR 1 crore and above
- Excellent connectivity to Chandigarh and its surroundings
- Flawless infrastructure development
- Extensive range of available options
- Several upcoming residential and commercial projects
Key Factors to Consider
Investment purposes:
If you are looking to invest in property in Tricity, Mohali, and Kharar can be better options in terms of maximum returns and long-term appreciation.
Budget:
If you have no budget limitations, you can invest in Chandigarh and if you have a mid-range budget, you can make property investments in the Mohali region. On the other hand, if you are seeking affordable real estate investment, Kharar is the perfect option.
Connectivity:
In terms of connectivity, Kharar and Mohali both have excellent connectivity to Chandigarh and surrounding areas.
Lifestyle preferences:
Undeniably, Chandigarh presents a premium lifestyle experience while Mohali offers a high-quality life and Kharar offers an affordable lifestyle experience with good connectivity and necessary modern amenities.
Wrapping Up
Tricity including Chandigarh, Mohali, and Kharar regions has become among the most profitable real estate markets in North India. Whether you are looking for budget rentals, affordable flats and apartments, or premium properties, these three locations are loaded with fabulous options with excellent amenities. This blog will help you pick the right option for your particular purpose however Kumar Developers & Realtors can help to streamline the entire process of buying the best property for you.
Looking for Your Dream Home? Contact Our Experts Now
If you are looking to buy a house in the Tricity (Chandigarh, Mohali, Zirakpur, and Kharar) feel free to reach out to Kumar Developers & Realtors through the following channels:
Phone: +91 83600-56577, +91 98555-85600
Email: kumardevelopersandrealtors@gmail.com
Our expert team is readily available to answer your queries regarding the availability, pricing, amenities, floor plans, and any kind of information you require to choose the right home for you. We look forward to having a detailed discussion with you and helping you find the perfect house in Chandigarh, Mohali, Zirakpur, and Kharar that meets your expectations.
