Mohali is one of the fastest booming Tier-II cities in India. The primary reasons for this rapid development include close proximity to the city of Chandigarh, connectivity, influx of IT companies, high living quotient and distinctive options of commercial investments. Greater Mohali Area Development Authority (GMADA) and the state government are further putting efforts for the development of the city. So, if you are thinking to buy an office space in Mohali, then do consider the following factors in order to take the right decision:
Developer’s Background
There are numerous commercial property options available for sale in Mohali, Chandigarh. So, you’ll never be short of options. Do inquire in your circle before buying a property, but don’t take any decision without detailed background study of the developer you’ve shortlisted. Check his ongoing projects and ratings & reviews on social media platforms. Also, whether they provide regular construction updates or not. The deeper you go, the more informed decision you will be able to take.
Location Check
Make sure the office space in Mohali that you’ve finalized is in a prime location. Safe surrounding, legal approvals, convenient modes of travel, connectivity with key areas and most importantly development prospects in the future are some of the key factors you must check relating to the property.
Well-planned Infrastructure
Always remember that the best residential property always offers well-established infrastructure in the vicinity. Along with your own convenience, always look out for an option that’s convenient for your employees as well. Make sure the property you buy is surrounded by amenities including ATMs, cafes, shopping malls, modes of communication etc.
Ample Parking Space
Lack of sufficient parking space is one of the major problems in big cities. Do check for on-site parking space in order to avoid any hassles while buying office space in Mohali. At the same time, also see what parking arrangements are available in the nearby areas.
Budget
Buying a commercial property in Mohali, Chandigarh is the best decision you’ll ever make due to the budget-friendly options available in the locality. Even though the city shares its border with Chandigarh, the property rates are still comparatively affordable. In spite of the real estate boom, the city offers affordable residential and commercial property options. These factors make the city of Mohali one of the most preferred options for real estate investments.
So, if you are planning to buy an office space in Mohali, make sure to have all the facts in place. Make sure the property fits in your budget and offers great location benefits. Check the developer’s details inside out, consider the infrastructure facilities and the availability of parking space in order to ensure you make a sound decision. Do not fixate on any one option, until you are completely convinced with all the factors. After all, it’s not just a piece of land you own or give on rent, but a property that decides the future of your professional journey. Hope this blog helps you make the wise decision. Happy hunting!
