Many customers I meet think that real estate is down and out but nothing could be farther from the Truth in Zirakpur and Mohali at least.
During the covid times, real estate just like any other industry was suffering and the sales slowed down.
Some smart investors, however, did manage to get a bargain during the covid times as well.
Anyway, Economy is on the up now, stability in jobs has returned and covid has given people enogh reasons to buy their own homes or to create an alternate source of income by investing in a commercial property.
I wrote about an interesting phenomenon where many people from Metros and especially Delhi are considering moving to Chandigarh and surrounding citties after the Covid.
Residential sales are up, Commercial sales are up and Leasing is gathering steam day by day.
I work in the local real estate very closely and can safely say that Real Estate is going to do well in the year 2021 based on what I have seen so far.
What is my proof ?
I have studied the sales numbers for many projects in Zirakpur and Mohali.
I cannot disclose the number here due to the respect for privacy ( as requested by some builders) but these numbers are very good.
Especially the December, January numbers are very good.
The luxury segment is booming if I can use that term, Under construction commercial units with attractive schemes are doing well and Holiday homes are doing well.
Apartments in the range of 50 to 60 lacs are doing very well.
I have written a blog discussing if this is the right time to invest in Zirakpur and Mohali?
A few days ago, I had also written a short update on the Latest price updates in the Zirakpur and Mohali Real estate market.
Since then, almost every builder has increade their prices.
Which areas are seeing the most movement ?
Ready to move units are in very short supply in the city and the demand for ready to move is always strong in Zirakpur.
There are other areas such as Mohali sector 66 and the Airport road Mohali which are seeing strong demand and some very good projects on the airport road mohali.
I am a real estate blogger cum Authorised service partner for select real estate projects in the Tricity.
I write this blog to educate customers, give product information and write on the current market scenario in the city.
I have written multiple blogs that will help anyone looking to invest in the Tricity.
Feel free to get in touch with me to have a chat regarding your requirements.
You can call me on 6283060221.
You can read more about me here.