7 Amazing Facts You Didn’t Know About CP 67

CP 67 is already a very extremely popular and lucrative site for investment. It is owing to its location and the many facilities that it boasts about. Its strategic placement makes it close to the International Airport Road in Mohali and also links it to already existing and upcoming highways leading to many major stops and destinations in the north of the country such as Patiala, Ludhiana and New Delhi and NCR and many more.

The project brags about the most luxurious high street retail and office spaces. It is one of the very few offerings in Mohali that come with completely well-serviced apartments and the most awaited PVR multiplex with third-generation 3D and 4K projection. This project is going to be the first luxury hospitality venture in Mohali.

The Quality Of Steel Used

Did you know that the quantity of steel used in the construction of CP 67 is enough to wrap around the Tricity region twice and you will still have enough left to build a 2 story building? Yes, apparently CP 67 is one of the most ambitious real estate projects that the country has seen in recent times and this is quite evident here. Moreover, the quality of steel used in the construction of CP 67 is such that it can even be used to build a railway track that can easily last for more than 200 years, which is double the average age of a regular railway line.

Power Backup

Did you know that CP 67 is capable of producing 16.05 MW of electric power on its own? Its phenomenal power backup systems are constantly working to ensure the smooth and uninterrupted functioning of the numerous IT offices and retail spaces that it is going to house. This much electricity is more than enough to power the whole of sector 22 and some parts of the sector 17 market, including the ISBT! This is to say that the investors in this area, both residential and commercial will never ever face any shortage of power.

Concrete

Did you know that the amount of concrete used to build the many structures of CP 67 and its numerous facilities is enough to build the very famous Elante mall 10 times and we would still have enough left to make a boundary wall around those malls? CP 67 is one of the most prestigious projects in Punjab and is highly coveted because of its quality construction and the best in class materials used. Why else do you think the prices of this property are constantly rising?

Parking

Did you know that the parking area of this real estate project can make space for more than 1000 cars? Yes, this should not come as a shock to you because the number of offices, luxurious IT spaces and commercial units this sector offers is more than what any other fast developing project in the Tricity region has ever come up with in the past decade. To make life easier for all of them and to manage visitors seamlessly, this was a conscious call the developers made.

Solar Power

Did you know that each and every building constructed in the CP 67 project supports solar power generation? There has been a specific focus on installing kVA inverters that are capable of handling high loads. This means you can even run appliances such as geysers and ACs with solar power.

Made Of Glass

Did you know that the major section of your high rise building apartments and office units is made of high strength and weatherproof glass? This means that they let in all the natural sunlight during the day and that too without letting the harmful UV rays enter your space. You get to save more electricity with this intelligent choice of glasses that do not just protect your home from harmful weather but also prevent your furniture from fading in direct sunlight.

Ecosystem

Did you know that the Tricity region is already one of the cleanest areas and Chandigarh the least polluted city in the country? CP 67 is adding another chapter to this leaflet. It is going to be one of the most environmentally friendly places to invest in. Surrounded by lush and well-manicured green patches, this real estate project is going to offer an AQI ranging from 50 to 60 which is way more than that of Chandigarh (70 points on average). According to reports, only the best IT and telecom companies, marketing and advertising companies and consultancies are going to be investing in this region. The best in class retailers, corporate houses and franchisees are going to usher in a new wave of growth here very soon. To know more about the many incredible benefits of investing in this property, click here or visit CP67 right now!

CP 67 – The Rising Commercial And Retail Hub Where You Should Be In 2020

CP 67 is a very lucrative option for both small scale and large scale investors in Mohali. It is an arena where people are going to shop and dine and get entertained. CP 67 is not just a collection of a few shops. It is an ambitious project that offers world-class corporate spaces, entertainment venues, food arenas, office spaces and a highly conducive infrastructure for IT services along with several options for retail spaces as well.

According to the current trends, sector 67 and nearby areas are developing at a rapid speed. The current price rate or the average price range per sqft goes from Rs. 2,209 to Rs. 46,000 per square foot. The average comes out to be Rs. 34,992 per square foot which is a 53% price rise recorded over a period of one year.

Connectivity And Infrastructure - The Undisputed Highlight Of CP 67

CP 67 is arguably one of the most profitable and cleverly thought about projects that we have seen in a long time. It is fast approaching its final stages of development and the biggest highlight of it is its strategic location. The Mohali International Airport is a few minutes away from this growing commercial hub. Other than this, there is a plethora of eateries, retail shops, schools and colleges, information technology hubs and plenty of facilities such as hospitals and rising startups, useful and affordable amenities and an overall world-class infrastructure that await its investors. In addition to this, it is also easily accessible from the International School of Business, Quark City, Mohali Railway Station, PCA cricket ground and even the most visited malls of the Tricity region. This seamless connectivity is what everyone wants right now and this is what CP 67 offers at a very affordable price.

  • Highly profitable corporate spaces that comprise six stories offices and smart office infrastructure with common pantry and attached washrooms
  • Well designed and superlatively structured retail outlets that will be housing the leading brands from not just all over the country but from across the globe offering world-class lifestyle goods, gadgets, apparel and accessories.
  • Upcoming information technology hub which will be functionally perfect and aesthetically appealing to the well-educated millennials of the Tricity region.
  • Food arena which is in high demand especially ever since the biggest food brands have entered into the Indian market.
  • Entertainment venues for everyone that will offer next-generation 3D and 4K video projection, super comfortable recliner seats and much more.

The current price trends of this region are showing an upward trajectory. These trends are going to help you as an investor to know whether it is the right time to invest in this location or not. You will be surprised to know that projects such as the CP 67 have made it possible for practically everyone to own a thriving commercial property in this highly lucrative sector of Mohali. If you have 1.4 lacs in your pocket, you can buy a reasonably trendy and strategically located commercial space in Mohali sector 67. The range goes up till 54.96 lacs and presents highly profitable options, especially for the middle class and upper middle class income groups. In this time and age, CP 67 presents a very viable, sound, practical and lucrative option for investment. To know more about this property and discover avenues that ensure steady and high returns, click here or visit CP67 right now!

Property V/S Gold: What is the Right Investment for You?

Which one to buy- gold or property? If you are savvy enough, it may seem like comparing apples to oranges. And somewhere, it is.

It is a fact to consider that investment in real estate is a golden saving, even if investing in gold is a long haul. Well, you may be confused here, but investing should always be wise and remain profitable for all times.

To a certain point, there are some features that both gold and real estate hold in common. Both types of investment share at least three features. One is durability, second is a rarity, and the last one is scarcity. It may not be easy to decide while considering these similar characteristics. However, it is nobler to know the differences between the two before you step ahead for gold only.

Size of Investment

Without any doubt, the property has a huge size investment. The land as a limited resource has an increasing demand coming with exponential prices. Investing in the property needs a lump sum amount to pay as a down payment, including debt financing. On the other hand, the size of investment for gold relies on your investment appetite. Buying gold as low as 1 gram is beneficial; it may be subject to additional charges.

Gaining Potential

Think of the commercial properties where you can set up your office and boost your business! Property is the most elegant way to produce a daily monthly income. Even if a business owner prefers luxury office space, the revenues still enhance. However, it cannot be said for the gold because market prices fluctuate. If the gold price drops, the investment value also goes down.

Tenure

Buying property remains fruitful as it is ideal for long-term investment. But, gold has short and long-term tenure, out of which, long-term investment is beneficial.

Volatility

Property is subjected to low volatility as compared to gold. The value of gold varies almost every day, but real estate’s value comes out with occasion and season.

Liquidity

Though the property has less liquidity as compared to gold, selling off your property requires several days or months to sell. Buying and selling gold is simple, but its selling rate is not as remarkable as the property’s price when sold.

Tax Benefits

The structured tax benefits of the property include mortgage tax deduction, depreciation, and maintenance of services while calculating the tax. Gold attracts a tax of capital gains.

Affluent Transparency in Prices

Due to the unavailability of past data, sometimes, while dealing with property, the prices may not be as transparent as the gold. However, the active trading of gold in the market keeps its prices transparent.

Investing in a thing that generates revenue is always helpful. And for this, real estate has vital results because it is not only a long-term investment to sell later, but also generates the high revenue as the real estate sector has a high-profit scale, especially in India. Thus, be wise to your investment; after all, you need to secure your future.

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7 Reasons To Be At CP 67 Now

The Homeland CP 67 is probably one of the most ambitious projects that the Tricity region has ever seen. If you talk about the top most visible and tangible projects located just at the airport road, the CP 67 is hands down a winner. The project enjoys 100% visibility and is walkable from sector 68, 67 and sector 80 as well.

Hopping down to the airport is going to be a fun ride for you if you are one of the fortunate residents of CP 67. Where the majority of cities across India make the traveller drive long distances and fight through thick traffic to get to the airport, the CP 67's strategic location and superlative infrastructure do away with any of those difficulties. This however is just one of the many reasons to be here. Following is an outline of more reasons to choose CP 67 as your permanent residence or workplace.

Close Proximity To Important Buildings And Centres

The CP 67 enjoys a very unique location because it is very close to multiple public transportation facilities and other civic amenities as well. You will be delighted to know that all the prominent schools and institutions such as Sebiz Finishing School, International School Of Business, Learning Paths School, Amity Institute Of Law, Amity Global Business School, Kendriya Vidyalaya, and also IISER are very easily approachable from this project. Central government offices such as the Municipal Corporation of SAS Nagar, Sub Post Office, Startup Accelerator Chamber Of Commerce, Assistant Excise and Taxation Commissioner Office, Punjab Forest Department, and Income Tax Office are also very close to this project.

Strategic Location That Lets You Enjoy Fast Commute To The Hottest Hangout Spots

Because the CP 67 project is cleverly located on the airport road, it enjoys easy and fast connectivity with the primary locations and hotspots of the Tricity region. The Chandigarh International Airport is just 15 minutes away from this project by the airport road. The very popular Mohali cricket stadium is just 5 minutes away and the SAS Nagar railway station is just 3.4 kilometres away. If you want fast connectivity to the national capital, you will be happy to know that it is only 267 km from the Kashmiri gate bus terminal. Want more? The Fortis hospital is only 1.5 km away which is a 5 minute drive from here. The Elante Mall which is arguably the most popular hangout spot for everyone in the Tricity region is just a 20 minute drive from CP 67.

Fast Construction And Faster Possession

The CP 67 project is already under construction and the promised date of delivery / possession is in the year 2022 in the month of March. The possession date according to RERA is 11th April 2026. This fast pace of construction has enabled the CP 67 developers to offer the perfect integration of retail, commercial and hospitality real estate, all at once. This is a real fine shopping and dining and entertainment hot spot in the making which is characterized by commercial spaces that have been perfectly designed for maximum visibility and to suit international standards along with multiple public transportation facilities.

The Trust Factor Of CP 67 Developers, Unity Group

The Unity Group has been creating real estate projects for more than two decades now. Since 1996 they have been working on the principles of complete transparency and unmoved commitment. Their vision has been nothing short of exemplary for other budding real estate developers to emulate. Their name is synonymous with more than 10 million square feet of commercial, retail, hospitality and several other spaces till date. The national capital region of Delhi is a thriving proof of more than 100 successful real estate development projects done by this zero litigation company that span across Dwarka, Pitampura, Janakpuri and Rohini to name a few.

Architecture And Structure

Apart from a strategic location and plentiful facilities and amenities, the Homeland CP 67 project also boasts of a High Street retail opportunity that is in the works at the moment and will be easily comparable to that of the very popular sector 17 plaza. This will be a column less banquet capable of holding large parties and gatherings. Leading architects, service organisations, finance and IT companies, consultancies and telecom companies, marketing and advertising agencies and several other corporate undertakings will be given preference when it comes to establishing offices in this project. This incredible project is being overlooked and supervised by Bentel Associates. The Homeland CP 67 is proud to have associated with this leading architects and interior designers company and is proud that the structural design of this project is the brainchild of Gian P. Mathur & Associates which is the leading civil engineering design firm of India. Other than ample underground parking and superior connectivity, CP 67 is also going to enjoy uninterrupted green spaces and breathtaking cityscape architectures as well.

Upcoming And Highly Awaited Commercial Hub

Due to its location and extraordinary potential for commercial and retail activity, the number of High Street retail shops and showrooms, service apartments, office spaces, banquets and multiplexes, this project is going to become home to the most coveted brands from across the globe. The High Street retail project in particular is being compared with that of sector 17 and sector 26 Chandigarh already. Needless to mention, several NRIs have already shown a lot of interest in investing in this unique offering.

The Brand Power Of CP 67

Here we are talking about the powerful and industry leading brands that have already associated with the Homeland CP67 project. Reliance Digital, Vodafone, Idea, Kotak, ICICI Bank, Airtel, Samsung, Sony, Nokia, Birla Sun Life, IFFCO Tokio, HDFC Bank, PVR Cinemas, Nissan, Hyundai, Ford, Nexa, Toyota, Big Bazaar and Mahindra finance along with Bank of Baroda are just a few of the biggest industry names that are proud to be associated with CP 67.

Final Thoughts

The Homeland CP 67 project is very strategically located in a region that is accessible from every corner of the Tricity. It has a huge catchment area which is going to be the residence of 20 lakh high spending residents of Chandigarh and the neighbouring cities such as Mohali, Kharar, Zirakpur and probably many metro cities as well. Where are you going to be then?

Protecting Yourself From Builder And Real Estate Frauds

Project delays and financial irregularities are a part of the real estate industry in India. Everyone has gotten used to it all. We know that some amount of delay or a bit of lag in punctuality or postponement of possession or lack of funds on the part of the builder or real estate company is common and we have learnt how to deal with that over the years.

But what we will never get used to is that some builders or real estate companies understand it to be their right to run away with the hard earned money of investors. Yes, there are instances where the home buyer is duped by fraud builders. Some homeowners even receive eviction notices while a lot of them complain of their properties or flats being sold off to other people.

Let Us Have A Look At Such A Case That Happened In The City Of Noida

Would you believe that more than 200 families who were residing in a very prominent and popular housing society in Noida had received eviction notices from the bank? They were asked to leave the premises, which was a very shocking news for the residents who had been staying in that society for several years. According to the news, the real estate developer had obtained a loan from the bank for construction purposes by pledging the said property as mortgage. When the real estate developer failed to pay the requisite amount, the bank had to take certain steps and the first was asking that homeowners to evict the premises so that it could take possession of the property and recover its damages.

Other than this, several other cases have popped up in the past as well where the builder was accused of selling already mortgaged property to home buyers. In such a case it is the responsibility of the investor or the home buyer to ascertain the legal status of the property or any outstanding dues relating to it before they hand over their hard earned money to the seller.

Is There A Way To Ensure That Your Builder Has Not Already Mortgaged The Property You Are Going To Buy?

  • As a home buyer it is your right and responsibility to know that your builder cannot mortgage any of the units that have already been sold to the dwellers. His right is limited to the unsold units.
  • To find the records regarding the legal status of the property a homebuyer can approach the registrar office and find out if the builder has already mortgaged the property.
  • You should also know that it is mandatory for the developer to share mortgage details with the Central Registry of Securitisation Asset Reconstruction and Security Interest of India. This puts the homebuyer in a position to access the database and check for himself whether the property has any mortgage or outstanding payments on it or not.
  • As a home buyer you can also demand a No Objection Certificate from the builder of the property. You will need a 10 rupees stamp paper for this purpose and make sure that it is notarized on time.
  • Also it is in your best interest to know that as per the regulations issued by the (RERA) Real Estate Regulation (and development) Act, 2016 every builder is required to disclose the relevant details of mortgage of the property to the concerned parties before putting it up for sale.

How Can You Protect Yourself From Fraud Builders?

  • You can opt for a buyer-builder agreement to protect yourself from any errant acts of builders. This agreement is typically drawn to protect the interest of the real estate developer but it can be rewritten without any delay to serve the interest of the home buyer as well.
  • Other than this, you can file a police complaint as well and approach the consumer court in case you suspect that the builder would leave the project midway due to lack of finance.
  • It is in your best interest to understand the developer’s financial health and the legal status of the project if the whole thing is being funded by a bank.
  • You should also understand that the Indian law now recognises home buyers as financial creditors. This implies that in case of insolvency of the real estate company, home buyers would have an equal right similar to the bank and other institutional lenders. The Supreme Court of India has ruled that the clauses of the agreement will not be binding on the buyer if it is proved that they had no other option but to sign it.

When Buying Property From A Builder or Real Estate Company, Refrain From Making The Following Common Mistakes

Falling For The Claim That Last Few Units Are Available

The sales team of the property builder or real estate developer is going to show you a list of flats in the project. You will notice that 90% or more of the flats in the list have been crossed or marked as sold. This means you only have a few choices left. The objective behind this trick is to lure you into making a quick decision and investing in the property thinking that you may not get a better deal in the coming days. Avoid falling for this trick at all costs.

Believing That The Prices Will Increase In A Few Days

This trick is very effective when you want to create a sense of urgency among the customers. The home buyers are going to think that if they do not buy the property right now they will suffer huge monetary losses and therefore, the psychological pressure builds up on them and they end up buying the property in haste.

Buying The Premium Flats

If you are buying property or flat from a builder or real estate company, it is very important that you choose something that is being offered during the initial stages of development. This means you are going to be investing in flats that are not so close to completion which means you will be getting the same property, location, facilities, infrastructure and other features at a much lesser price. On the other hand, if you hope to buy the same property close to its completion, you will have to pay a premium amount for the same features.

Fake Or Dummy Customers

You must be wondering whether this is a real trick or not. As a matter of fact, this is a very effective technique which is being used by a lot of realtors especially for high value purchases. Real estate developers employ this technique when they feel that the chances of a transaction happening are rather bleak. Some fake or dummy customers are employed in the offices of these real estate developers and builders to show to potential buyers that the property that they are interested in is selling like hotcakes and it is in their best interest to speed up the transaction and invest in it as soon as possible.

Final Thoughts

Owing to tremendous development and the rising number of real estate projects in several areas of the country, the slump that we were witnessing in the property market up until now has started to recede. As a result, people are coming out of hibernation and are willing to invest money in real estate projects. But this has given rise to a lot of false claims and marketing gimmicks that might border on fraud and misrepresentation to attract more customers. As an investor it is your responsibility to choose wisely and invest your money with complete diligence.

10 Things You Must Check Before Buying Property In Mohali

Known for Chandigarh International Airport, Mohali, with its unmatched blend of modernity and history, hypnotizes everyone, whoever sets his foot in this beautiful part of Tricity. With a rapid growth as an IT hub of the state and having many international sporting venues, Mohali promises a uniquely refreshing experience to all.

In simple terms, Mohali is one of the fastest developing Tier-II cities in India. The primary reasons behind this rapid growth comprise of proximity to the City Beautiful- Chandigarh, distinctive options, and high living quotient of commercial investments. Well, the state government and GMADA (Greater Mohali Area Development Authority) are further putting efforts for the expansion of the city.

So, if you are thinking to invest in a property in Mohali, consider the following 10 things to take the right decision-

Background Status

If you are looking for a property in Mohali for the first time, then you need to work more on your thinking process. Property can be anything- home, office space, flat, plot, and more. As there are numerous commercial property options available for sale as well as on lease in Mohali, Chandigarh, you will never be short of options.

In this case, don’t step ahead without a detailed background study of the developer you have shortlisted. Check his reviews, ongoing projects, and ratings online. Create a formal comparison of property that your shortlisted developers are providing you. Make a decision that suits best to you in Mohali.

Location Check

Be wise before finding an address for your office space in Mohali. Prefer to have it in a prime location. Keep in mind the following factors for the convenience of your employees-

  • Legal approvals
  • Connectivity with key areas
  • Convenient modes of travel
  • Development prospects in the future
  • Food courts with leisure

Well-designed Infrastructure

Do you know that the best-planned commercial and residential properties always provide well-established infrastructure in the vicinity? While you look for your convenience in the property, keep in mind the comfort zone of your employees and families, as well. Besides, make sure the property or business space, whether buying or taking on a lease, is surrounded by cafes, modes of communication, shopping malls, ATMs, and more.

 Ample Parking Space

Parking space is one of the significant concerns in big cities. One should check for on-site parking space to avoid any hassles while buying office space in Mohali. Meanwhile, go through the parking arrangements if available in the surroundings.

Budget

Your decision to buy a property in the Tricity’s Mohali is right due to the budget-friendly options you can avail of in the city. Although the city shares its border with Chandigarh, the property prices are comparatively reasonable. Such factors make Mohali as one of the preferred options for real estate investments.

Probable Resale Value

Buying a property also targets investment as an agenda. You want good value for your spending by purchasing property in Mohali. Thus, your search will end at a location where there is a high probability of a boost in real estate value in the upcoming years. So, you should assess the probable resale value in the future before executing your buying decision. Take expert advice to determine the correct value.

Important Title Deed

It is one of the essential documents to consider when it comes to outlining the chain of ownership of the respective property. This document gives full right to the owner to claim the absolute ownership over the property. Being a buyer, check if it belongs to the respective seller. Go through the deed vigilantly, and if you have no idea about it, seek the help of a property agent.

Financial Liabilities

Before proceeding with the final decision to buy a property in Mohali, have a thorough check to know if there is any financial liability pending on the property. Make sure all associated debts with the property are cleared before you sign the final agreement.

Look for Opportunities!

There are many upcoming real estate projects in Mohali that one can plan to register his or her property in advance. It is beneficial to locate your property in an address that has high prominence. But, your in-depth research can help you grab the opportunities thriving from new properties in Mohali.

Land Record

It is significant to have accurate information about the land on which your property is built. If you are buying an independent house, look for the soil quality and land’s topography. For flats, look for the material used to construct it. However, know about the neighborhood in both cases.

Therefore, once you decide to buy a property in Mohali, make sure to have all the facts in place. Keep the things discussed above in mind and do not fixate on any one option until you are not completely convinced with all the factors. Purchase the property that fruitfully decides the future of your professional journey. Happy hunting!

7 Clever Ways To Invest In Tricity Real Estate Without Buying Any Property

You can be clever and you can be careful and at the same time you can earn more profit than you ever imagined by investing in real estate at this very moment. Despite the slump that the real estate sector across the country has been witnessing for quite some time now, some regions have continued to display gradual yet promising growth. But if you are not convinced and want to tread a more secure and prudent path, there are 7 clever ways listed below to invest in real estate in the Tricity region but without having to buy any property and yet making a profit from it:

Buy And Fix Up

This is a very hands-on move and a very intelligent way to invest in property without actually having to own one in the Tri City area. You just simply buy the property and put your funds into repairing and fixing it. When you are done, you put up the property for sale and just watch as it fetches you a profitable amount owing to the fixes that you performed.

Buy Rental Property

If you have the funds to buy a rental property you can do that and then rent out a room or apartment in that real estate to tenants. The key here is to keep your expenses low so that you can keep your rent as affordable as possible so that you get maximum prospective tenants. You could also purchase the property for your own residence and then rent out some of the rooms or spaces to tenants. This way you can keep the property in great condition and hire someone skilled and experienced for the on-and-off repairs that you might need.

Think About Investing In A Vacation Property

This concept is relatively new in our country but it is gradually catching on with a lot of individuals. A vacation property is something that you rent out to tenants for a short period of time. You can cater to travelers or visitors to your city who are in need of high quality real estate for the purpose of weddings or other family occasions that they might need to attend in and around the Tri City region. Nowadays there is a rising trend of keeping large Marla houses for the same purpose and the main clientele comprises NRIs who are in a position to pay a hefty amount for these properties whenever they visit.

Purchase Of Commercial Property

This seems to be a very popular trend in the Tri City area comprising Zirakpur, Mohali, Kharad and several other regions. Commercial properties comprising retail buildings and office complexes are readily available in this area for purchase and also for the purpose of renting out further. Right now the costs of these properties are very low due to the development phase and these are without a doubt a very low risk and high reward option for anyone who wants to invest in this region.

Real Estate Mutual Funds

Real estate mutual funds are investments that are pooled together and overseen by an investment manager. These allow investors to diversify their portfolios by including characteristics of both mutual funds and really state at the same time. You can choose properties that are growth oriented or income oriented. Diversified assets are designed with the aim to reduce risk. Remember, that if a real estate related risk affects one of the investments in that portfolio, it is going to affect all of them up to some degree.

Real Estate Partnerships

There are numerous housing societies and commercial complexes sprouting up around the Tricity region that people are readily investing in. There are individuals and groups of individuals as well that have exorbitant amount of money at their disposal and seek real estate partnerships for the purpose of sharing responsibilities and profits as well. This is an option that can be used to procure property at a lower price and once the property is completely developed, you can sell it at a very high margin. Depending upon the terms of the partnership you may even be able to set the terms such as paying the mortgage, handling the down payment for the property or the number of responsibilities that are handed over to you.

Real Estate Investment Trust

Real Estate Investment Trusts are gaining popularity day by day because they are intended to enable more and more people to invest in the Indian property market with the sole aim of boosting funding in the sector. The Indian real estate sector comes with a few uncertainties but with a lot of potential. According to a study, an REITs investor can start with as small a sum as rupees 2 lacs only. The REIT platform is already approved by the Securities and Exchange Board of India and just like mutual funds; money from all investors across the country is pooled into one place. This money is then invested in commercial properties around the country to generate income.

REIT Works Like A Charm

Real Estate Investment Trust generates funds from a lot of investors which are directly invested in properties such as offices, hotels and shopping centers, malls and warehouses, shops and showrooms and similar investment avenues. These trusts are also listed with stock exchanges and their assets are held by independent trustees for unit holders / investors.

Advantages Of Real Estate Investment Trusts

  • Income dividend - You get 90% of distributable cash twice a year.
  • High level of transparency - Full valuation of the property is showcased on a yearly basis which is also updated on a half yearly gap.
  • Portfolio diversification - REITs have to follow specific guidelines and are required to invest in a minimum of two projects of which one should have at least 60% asset value.
  • Low risk - 80% of the funds generated have to be invested in revenue generating or completed projects. The remaining 20% is typically invested in under construction projects, mortgage-backed securities, equity shares and other cash equivalents.

But the question is at a time when anyone would be dicey about associating with the real estate sector why would you be so keen on finding out ways to invest in this industry? The biggest reason for anyone to shell out cash to invest in the real estate sector is the rapid and mind boggling development of the Tri Cities region in Northern India.

Mohali is a popular city and a part of the Tri Cities region in Northern India. The city which was built as an extension of Chandigarh has become one of the primary investment spots as we speak.

Upcoming Real Estate Projects In Mohali

The amount of money being pumped into The City (particularly Mohali) stands at a staggering 3 billion US dollars and that itself speaks of the volume of development and profit potential of this region.

Factors That Drive Growth And Development In Mohali

The Chandigarh International Airport Road

The project that was completed in the year 2015 has uninterrupted connectivity to major international destinations from the Tricity region.

Railway Station At SAS Nagar

The railway station connects the Tri City area with major National locations such as Delhi, Ludhiana, Ambala and Amritsar and several other parts of the country.

Rise In Housing Demand

Because Mohali is in close proximity to Chandigarh, the rising demand of residential and commercial properties is getting diverted to Mohali quite organically.

IT Special Economic Zones

Global tech giants such as Philips, Dell, Sebiz Infotech and SCL have already planted their roots in this city and are turning it into an IT hub.

Metro Rail Project In The Works

A Metro rail network has also been proposed to connect the whole of the Tri City region. The length of this corridor is going to be 37.573 kilometres out of which 23.468 kilometres will be elevated and the remaining 14.105 kilometres is going to be underground.

Knowledge City

Sector 81 is the Knowledge City of the Tri City region where educational institutions like Indian Institute of Science Education and Research, National Institute of Agri Food Biotechnology, Indian School of Business and National Institute of Nanotechnology are already functional. Improvement in health facilities along with a strong network of roads (52 kilometres of national highway and 1272 kilometres of state highway) make it ideal for the rising number of residents across the region.

Final Thoughts

The Tri City region without a doubt presents a very lucrative option for investors willing to put their money in both residential and commercial projects. The odds are in your favor regardless of the type of property you pick or the area you choose to invest in.

Where To Invest Your Money If You Want To Earn Profit In Real Estate vs. Other Investment Avenues?

Let's have a quick comparison of the returns on real estate in the Tricity area and what you get when you invest in other avenues before we even begin to appreciate the many features that the fast developing areas surrounding this region offers its investors.

Really State In The Tricity Area V/S Gold Investment

  • If we look at the past trends in India, real estate was able to record an average 8% of returns in a year which can easily go up to 15% or even more. Despite the negative trends in the real estate market in India and slow growth in rentals, we could easily see a 7 to 9% returns on plenty of investment options. This is where the real estate market of the country maxed out even at its lowest and slowest.
  • However, if we look at gold investments, the level of uncertainty that it brings along with it is quite palatable. According to the latest reports, the price of gold was recorded at 39,720 Rupees per 10 grams which is 500 Rupees less than what it was up until a month ago. The prices of gold and other precious metals have also seen record lows registering values close to much below 27,000 per 10 grams as well. The return on investment that these metals yield highly depends on their current value in the market.
  • Real estate on the other hand is still very much profitable and an attractive long term investment option because its value gradually but organically increases over time.
  • Real estate when compared to investment in gold provides better returns without much volatility.
  • Also it is very much wise to include real estate in your overall wealth creation strategy.
  • When we compare this with the appreciation that we see in gold, it is primarily because there is a devaluation of the paper currency that we are using, therefore, returns on this precious metal become quite normal.

Following Are A Few More Strong Reasons To Invest In Real Estate, Especially Around The Tricity Area At This Point Of Time

Low Volatility

Right now as we speak real estate market is a very stable and steady investment option because of the relative dormancy of the factors that affect its price significantly.

All Your Expenses Will Add Value To Your Investment

Value of your property always increases when you perform repairs and renovations on it which is not really possible in the case of gold investments.

You Can Always Lease It Out

You can always lease out your property even when you are using it and this makes for a great rental property that generates enough cash flow to keep you afloat and affluent.

Value Of Real Estate Always Increases, Period

This is a known truth and you know it too if you have ever invested in real estate in India. Countries like the USA, India would never see its real estate fall below a certain value because here the longer you hold onto your property the more value you are likely to get in the future.

Numerous Tax Benefits In Tow

You also get a tax deduction on mortgage interest and operating expenses and all your legal costs and property taxes. It is by far one of the best investment options that you have that has fantastic tax benefits and helps you create more wealth over time.

Now Let Us See How Fixed Deposits Schemes From The Leading Banks Of The Country Fair Against The Profits You Can Earn From Real Estate In India

Following is a list of the banks that currently rule the Indian finance sector and their interest rates on fixed deposits per annum for 7 days to 10 years:

Bank NameRate of Interest on their Fixed Deposits per annum
Axis Bank3.5% to 6.75%
Bank of Baroda4.5% to 6.25%
Bank of India5% to 6.35%
Canara Bank5% to 6.25%
Central Bank4.5% to 6.4 5%
IDBI6.25% to 7%
HDFC Bank3.5 % to 7%
State Bank of India4.5 % to 6.25%
ICICI4% to 7%
Yes Bank5% to 7.25%

As we noticed earlier that the least value that a real estate investment can yield in a year even at its lowest is 8% and this is saying something. It is quite evident that investing in real estate, especially in the Tricity area comprising Chandigarh, Panchkula, Mohali, Zirakpur, Karad and many other neighboring localities that are developing at a rather fast speed is a very lucrative option. And what makes these places even more sought after are the following aspects:

Superior Connectivity

Easy connectivity is playing a very important role in making these localities even more worthwhile for the investor. Mohali is now connected to Zirakpur through a fine network of roads and everyone already knows about the superlative structure of the international airport road. This has even improved connectivity between Delhi and Chandigarh and also to cities like Shimla and Manali.

Highly Sought After Shopping And Retail Outlets

Cities like Zirakpur, Mohali and several neighboring settlements have become home to many world class and internationally known brands such as Walmart, Big Bazaar, Best Price, and Metro Cash & Carry to name a few.

Education Hub

String of engineering colleges and management institutions has made these settlements even more suitable for our youth.

Healthy Environment

Despite the rapid development these places have retained their ecological system and offer a very well balanced and healthy environment. The rising demand for recreational areas such as parks, open areas, walking paths and open green spaces is something that developers have kept in mind constantly while developing new investment avenues both for residential and commercial investors.

State Of The Art Facilities

Owing to the fact that a lot of individuals and companies are seeking investment avenues in the commercial sector, the areas surrounding the Tricity region are witnessing an influx of state of the art facilities and amenities that include the biggest names in hospitals, schools and colleges and shopping complexes and gymnasiums and also the leading infrastructure development companies that have begun to invest crores of rupees in several projects.

Ever-Expanding Job Prospects

Rajiv Gandhi Information Technology Park is already quite popular across the Tricity region and to join the ranks of it there are several IT parks in the making as we speak that are going to bring more job opportunities to the youth, both skilled and unskilled.

Stats Tell You A Clearer Story

  • Do you know that the overall real estate transaction rate of areas like Zirakpur and Mohali has increased by 20% in the year 2017 and it is expected to reach as high as 25.6 percent this year?
  • This region’s average monthly transaction was a staggering 500 crores!
  • More than 100 realty developers and companies are active today in the region of Mohali, Zirakpur, Kharar, Dera Bassi, and several surrounding cities.
  • At this moment it is safe to say that Mohali has become a realtor’s paradise because of its superior connectivity and massive scope for further expansion. These factors have made this city quite a hotspot for realty transactions with the monthly average touching more than 35 crores.

Final Thoughts

So, it is quite clear what investment avenues you should be looking at if you want to earn more profit. It is also quite safe to say that the Indian real estate even when it is facing the biggest slump in its history will yield a significant return on your investment. At the end of the day, it is your money and it is your right and responsibility to invest it wisely.