Is Kharar Region in Mohali a good residential Investment? by Ankit G. (2024)

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by Ankit G. Realestate Property

Kharar is one of the most sought-after real estate investment sectors. It lies about 15 km from Chandigarh and 4 km from Mohali. This area is well-planned and has excellent connectivity with major Indian cities such as Shimla, Manali, Chandigarh and Delhi. These are some of the primary reasons for the sudden exponential growth in the real estate sector.

What makes Kharar an excellent place to live in?

Over the past years, Kharar has managed to engage people in both the industrial and residential areas. It falls under the Greater Mohali region and is a popular and well-established territory. Kharar has a versatile infrastructure and lies close to Mohali. Kharar has brilliant multinational corporations and telecom service providers.

Are properties in Kharar worth investing in?

People like to stay in locations that are reasonable with good accessibility. It must have all the basic facilities such as a healthy and safe environment plus less pollution. These are all the benefits that you can enjoy in Kharar. A house for sale in Mohali, which happens to be in Kharar, will yield tremendous financial value.

Let's see the factors that make Kharar a desired investment option-

  • Excellent Connectivity -Kharar has improved connectivity to nearby cities such as Delhi and Chandigarh, the give it and advantage. If you're looking for an office space or a builder floor in Mohali, then Kharar is the best place. You also get a wide range of transportation options in Kharar. There are both local and long-distance buses that help you commute and save time.
  • The plots and apartments are government approved -Every property in Kharar Mohali is government approved. Therefore, you do not have to fear the risk of getting deceived. Before you buy a property, you must double-check the important documents efficiently. You can enjoy immense satisfaction by investing in Kharar as it gets authenticated by the government.
  • Kharar is blessed with lovely weather -All areas are not blessed with good weather and environment. There are places with extreme weather fluctuations. Kharar, however, has beautiful weather comprising all the distinct seasons.
  • You have to consider yourself very lucky to reside in a place like Kharar in Mohali. The suitable and healthy weather gives you a positive impetus to your social and professional progress.
  • Low-cost and affordable housing spaces -You can get an inexpensive house for sale in Mohali and Kharar areas. A 2BHK apartment in Kharar is less costly compared to other places in Mohali.
  • This gives you the scope to invest, keeping the future perspective in mind. You can either rent an apartment or go for a permanent settlement with your family. Both conditions are profitable for you.
  • Plenty of greenery -You cannot underestimate green open spaces' role in any residential complex. It gives you clean air full of oxygen to breathe in. It also ensures the provision of physical activities, which is rare to get in a busy city building.
  • The claustrophobic environment of an advanced city with very few green spaces gets gruelling. Kharar is a unique place with large expanses covered with plenty of trees. It gives you the opportunity to soak in nature and feel good throughout the day.
  • Thriving Business Opportunities -Just a few years ago, Kharar was nowhere in the picture in terms of development compared to other major cities. Today it is one of the preeminent professional and business locations. A builder floor in Mohali and Kharar area is a highly lucrative prospect.

People used to commute for several hours before accessing the city proper. But today, Kharar's rapid growth and development provide everything at the doorstep.

Large shopping malls and stores make it a convenient place to stay. Nowadays, people from other parts of the country are moving to the Mohali region to avail of the many opportunities.

Here are some things to consider before you invest in Kharar-

Before you invest in any property in Kharar, you must inspect the level of that particular complex. It helps pay for the improvement and maintenance of the advanced. These will eventually increase the valuation of the property if you choose to sell it later.

You must choose a good neighbourhood if you want to buy a home. Buying a home is tedious and involves adhering to many rules and regulations. It would be best to look for a reliable real estate agency to help you with the paperwork.

Another vital aspect to consider is the distance between your property and provisions, such as hospitals, schools, offices, etc. When searching for property, check on even the smallest of defects, if present.

It would help if you took extra caution by selecting the appropriate real estate agencies to help you strike the best deals. Seek expert professional help and get a chance to enjoy modern and classy infrastructure with a serene ambience.


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About Ankit G.Is Kharar Region in Mohali a good residential Investment? by Ankit G. (1)Realestate Property

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Is Kharar Region in Mohali a good residential Investment? by Ankit G. (2024)

FAQs

Is Kharar a good place to invest? ›

If you have budget around somewhere 10–50 Lacs, Kharar is a decent place to invest in. You can easily earn good rental income though renting your property. Kharar is famous for being student hub from recent years.

Which is the best area to buy property in Mohali? ›

Kharar is one of the posh areas in Mohali. Investors may also consider Aerocity, Airport Road, and Sector 70. Home values in these areas hover in the range of Rs 3,800-9,350 per sq ft.

Which is the poshest area in Mohali? ›

Sectors 126, 66A, and 88, Sunny Enclave, and Airport Road are some of the best areas in Mohali for buying a property.

Which is the best sector in Mohali Punjab? ›

Which are the best areas to live in Mohali? It City, Sector 66b Mohali, Airport Road, Khanpur, Sector 74A Mohali are some of the premium areas in Mohali to live.

Is Kharar in Mohali a good place to live? ›

Kharar is a decently populated area with excellent availability of resources and facilities. It is economically feasible and within reach of middle-class income grounds. But due to high development, rates of the properties are increasing at a good pace.

Is Kharar a good place to live? ›

Nestled in the Sahibzada Ajit Singh Nagar district of Punjab, India is Kharar – a town that has managed to retain its charm while keeping pace with modern-day conveniences. Kharar is becoming more and more well-known as a sought-after place to live in recent years.

Where is the best place to buy a flat in Mohali? ›

Some of the popular localities in Mohali are Sector 82 JLPL Industry Area, Aerocity, Sector 66, Airport Road, Sector 88 offering excellent options for a Property. 24.39% properties for sale in Mohali lie in range of ₹1 Cr- ₹1.50 Cr while 16.17% properties for sale lie in range of ₹80 Lac- ₹1 Cr.

Is it good to buy a house in Mohali? ›

The First Home

Investing in real estate has long been considered a lucrative venture, offering a potential for substantial returns over time. One of the emerging destinations for real estate investment is Mohali, a city that has witnessed rapid development and growth in recent years.

Which is the best city to invest in Punjab? ›

Ludhiana. Ludhiana is the largest city and one of the most populous cities in the state for real estate investment in Punjab. This city is popular in the apparel industry. Ludhiana is also called the Manchester of India.

Which is the best locality to live in Mohali? ›

Sunny Enclave, Mohali

Sunny Enclave in Mohali, Punjab, is a thriving real estate locality with a mix of upcoming and fully-developed projects. The area is home to several top projects, offering a range of residential options, including villas and houses.

Where do rich people live in Mohali? ›

Sector 88

Sector 88 is a highly admired area preferred by most people wishing to purchase a luxury property in Mohali. It has excellent residential properties such as Hero Homes. You can get residential plots, flats, and villas in this area. Every property in this area has a dedicated green area of almost 60-70%.

Which is better Chandigarh or Mohali? ›

Chandigarh is definitely better city then Mohali as there you have better facilities, environment, roads, transportation etc. Although it is much costly in terms of rent as compared to Mohali. So at the end Mohali is equally good if you can compromise a little and you will get economical accommodation in Mohali.

Is living in Mohali expensive? ›

The cost of living in Mohali is slightly higher than in other parts of Punjab. However, it is cheaper than Chandigarh, making it attractive for people working in Chandigarh. They can choose to live in Mohali and hence get a better quality of life.

What is good salary in Mohali? ›

Mohali, Punjab Jobs by Salary
Job TitleRangeAverage
Human Resources (HR) ManagerRange:₹226k - ₹1mAverage:₹466,500
Software DeveloperRange:₹165k - ₹927kAverage:₹456,000
Account ExecutiveRange:₹129k - ₹395kAverage:₹234,919
Content WriterRange:₹158k - ₹679kAverage:₹300,000
3 more rows

What is Kharar famous for? ›

Top Tourist Attraction in Kharar, Chandigarh
  • Fateh Burj. 4.52.7k Ratings. ...
  • Chappar Chiri War Memorial. 4.5362 Ratings. ...
  • Baba Banda Singh Bahadur War Memorial. 4.5140 Ratings.
  • Balongi Bridge. 3.5120 Ratings. ...
  • 7 Phase Lights. 4.2924 Ratings. ...
  • Kila. 3.868 Ratings. ...
  • Pong Dam. 4.02 Ratings.
  • Patiala Ki Rao Reserved Forest. 4.22.4k Ratings.

Where is the best place to buy a flat in Chandigarh? ›

Amid this metamorphosis, Zirakpur, Mohali, Sector 48, Sector 49 and Mullanpur feature as the best areas to live in Chandigarh. The list above has been curated basis the popularity of the areas among home seekers on 99acres. Let's delve into each locality in detail and the factors driving the real estate demand.

Is it worth buying property in Chandigarh? ›

Chandigarh is a well-known and popular area to live in. It is regarded as one of India's cleanest cities and serves as the capital of two states. Chandigarh has consistently been a fantastic place to invest in property (real estate). Because of its distinctive culture, the city draws tourists from around the nation.

Where to invest money in Chandigarh? ›

Top Investment Schemes in Chandigarh
  • Mittal Real Estate Provider. 4.766 Ratings. Chandigarh Sector 23c.
  • LIC Of INDIA. 4.0538 Ratings. ...
  • Muthoot Fincorp Ltd. 4.9427 Ratings. ...
  • Muthoot Fincorp Ltd. 4.9278 Ratings. ...
  • Simplifysors. 4.9175 Ratings. ...
  • LIC Of India. 3.8219 Ratings. ...
  • LIC Of India. 4.081 Ratings. ...
  • LIC Of INDIA. 3.952 Ratings.

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