BUILDING CASTLE IN THE AIR- it’s time to rethink

Owning an immovable property is believed to be the most lucrative and safest way of investment. The working populace, after retirement, places their hard-earned money into buying a flat or land, as a secure asset. But, now a days, it has become really difficult for owning a flat in the online era. Many a time, gullible people are getting cheated, as they are not aware of the state of affair going on in the real estate market. The virtual sale of property does not guarantee the existence of the belonging.

Recently, many cases have been reported in and around Mohali, where the investors have to move hither and thither for getting their money refunded. But, that hardly has any effect, as the realtors are always far from getting connected. Police reports say that most of the realtors do not have land possession and other related permission, but are known for their luxurious offices. After accepting the booking amount, they vanish from the spot, leaving nothing behind.

Many people lost their money in lakhs, and the consumer courts are flooded with complaints. As per the record, around 15% complaints filed are related to real estate disputes. This has given rise to a perilous condition, which creates a fear and suspicion in the minds of investors about the trustworthiness of the real estate firm.

In this scenario, Mona Townships has gained a distinction of being the most reliable and genuine enterprise respecting the value of their investors’ money. They leave a legacy of developing some of the most promising real estate projects with outstanding credentials. The most distinguishing factor which keeps them apart from other related firms is the trust and certitude that they earned over decades. As they position the investor at the top, they find time in reading their minds, and accordingly, they show the magnanimity in reaching out to them. This immensely helps them in cultivating a healthy relation with the customers.

Owning an immovable property is believed to be the most lucrative and safest way of investment. The working populace, after retirement, places their hard-earned money into buying a flat or land, as a secure asset. But, now a days, it has become really difficult for owning a flat in the online era. Many a time, gullible people are getting cheated, as they are not aware of the state of affair going on in the real estate market. The virtual sale of property does not guarantee the existence of the belonging.

Recently, many cases have been reported in and around Mohali, where the investors have to move hither and thither for getting their money refunded. But, that hardly has any effect, as the realtors are always far from getting connected. Police reports say that most of the realtors do not have land possession and other related permission, but are known for their luxurious offices. After accepting the booking amount, they vanish from the spot, leaving nothing behind.

 Many people lost their money in lakhs, and the consumer courts are flooded with complaints. As per the record, around 15% complaints filed are related to real estate disputes. This has given rise to a perilous condition, which creates a fear and suspicion in the minds of investors about the trustworthiness of the real estate firm.

In this scenario, Mona Townships has gained a distinction of being the most reliable and genuine enterprise respecting the value of their investors’ money. They leave a legacy of developing some of the most promising real estate projects with outstanding credentials. The most distinguishing factor which keeps them apart from other related firms is the trust and certitude that they earned over decades. As they position the investor at the top, they find time in reading their minds, and accordingly, they show the magnanimity in reaching out to them. This immensely helps them in cultivating a healthy relation with the customers.

Mohali – The Right Place To Make A Profitable Property Investment

Mohali is one of the fastest growing real estate hubs in northern India. The city provides world class real estate solutions for both residential and commercial purposes. Being situated right next to the beautiful and modern city of Chandigarh, gives Mohali an additional advantage in terms of providing luxury living spaces at affordable prices. In fact, the consistent growth in the real estate sector in Mohali is believed to have become a catalyst in reviving the property market in the entire state of Punjab. We at MT Mohali are amongst the leading providers of world class properties at absolutely reasonable prices, in the emerging IT city.

 

Several factors have contributed towards making Mohali one of the first choices of people seeking a residential or commercial space in an established setting. The most important of these are discussed below.

Growth Policy

 Amongst the numerous factors which have played a critical role in making Mohali a centre of real estate activity in the Tricity region, the growth policy adapted by state Government is definitely the most important.  In fact, the Badal government has paid special attention towards the infrastructure development and growth of the city.  This has ensured that prominent real estate developers including us have been able to develop projects that offer various facilities and amenities required for a comfortable living without having to invest in the infrastructure development of the region. This has further ensured that the properties provided by us and other developers in the region are not beyond the reach of most well-earning individuals. 

Market Development

Developing the real estate market in Mohali has also not been extremely difficult primarily due to its strategic location. In addition, the fact that Mohali was already gearing up to become a world class IT city, prior to the IT revolution has also helped in ensuring that the property market in the area remained constantly in focus of both the developers as well as clients intending to make the city their permanent home. Finally, the adherence to international construction standards and the provision of all the facilities necessary for urbane lifestyle has also ensured that the properties being developed in the region become the first preference of people seeking a residential or commercials space. 

Area Utilization

Another important factor that has contributed towards the growth of Mohali real estate market is the well planned utilization of space. A perfect example of the same can be seen in the properties being developed under the aegis of MT Mohali. Each of these properties not only offers the benefit of ample space but also provides the calm and relaxed ambience of lush green surrounding, well landscaped gardens, wide and well lit streets and proximity to everyday living needs. 

State Economics

Punjab has always been known to be one of the most financially stable and economically affluent states in the entire North Indian region. In fact Mohali is one of the major industrial and businesses centers of Punjab, besides which the city is also being developed as a major IT hub. These factors are enough make the Mohali a great choice for property investment for people from not only other parts of the state but the county and globe as well. This is also one of the reasons that make the properties in the region quite inexpensive as compared to similar properties in other major states and cities. 

Migration Of People

Being a major industrial city, Mohali attracts countless people from the neighboring cities and states seeking better employment opportunities. This has led to a significant increase in the demand for affordable housing and commercial spaces across all economic sections. MT Mohali Article  has been an important player in ensuring the growth of the city by meeting property needs of the people migrating from other areas. Our well constructed and affordable projects are designed to provide ultimate comfort and luxury in a highly urbane setting. 

Mohali is definitely the best location for real estate investment in the Tricity area. In addition to providing affordable real estate solutions right next to the highly expensive city of Chandigarh, Mohali also offers the advantage of a healthy and relaxed environment that ensures better growth and development of the body, mind and soul of the residents. 

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