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The city of Mohali houses major
manufacturing industries and is becoming a preferred
destination to the booming IT sector of India because of its
strategic location on the border of Punjab and Union
Territory of Chandigarh . Mohali is soon to become a major
commercial property hub in Punjab with corporates like Spice
Telecom, Convergys, Ranbaxy Laboratories and a
super-specialty hospital by Fortis Healthcare Ltd. shaping
up in the city.
The residential property in Mohali primes in the
Mohali Hills area with independent bungalows,
cottages, luxury villas and newly constructed group housing
apartment flats to offer. The commercial hub of Mohali is
the Central Plaza in Mohali Hills that has major retail
properties like glitzy shopping malls, megaplexes, amusement
parks, multi-cuisine restaurants, various three and five
star hotels and an upcoming entertainment park by the
Archaeological Survey of India. This Entertainment Park will
have replicas of various historical monuments of India.
The Mohali Master Plan demarcates provision for
private participation in real estate projects in the city.
This has welcomed stalwarts like Emaar MGF , TDI developers
and Unitech to enter the market for developing property in
Mohali. Punjab Urban Development Authority or PUDA plans to
transform Mohali into a truly global city with major
infrastructural developments on the charts. |