Real estate is a mounting and revenue making sector in India. The real estate market has faced enhanced growth in the past few years. The real estate market is growing its base towards the semi-urban areas of India. There are big pieces of agricultural land in the semi-urban areas and the farmers are eager to sell them for high monetary value. The builders and investors buy these lands and after all the legal procedures make them appropriate for residential and commercial developments.

Reasons to invest in Mohali construction projects
This situation is common in Punjab, where suburban areas, like Mohali, are on the track of urbanization with the expansion of various residential projects and infrastructure developments. Mohali offers an excellent quality of basic facilities like health, education, transportation etc. So, owning a property in Mohali will be valuable. After the completion of several governments proposed projects and private developments, the prices of properties in the city will certainly rise. Hence, the early investment will need less investment and will give more returns in the future. The real estate builders can be communicated to get an apartment in the housing societies.

Significance of luxury apartments in Mohali
There are many housing complexes in the city proposing luxury apartments. These projects are finished by a team of proficient architects, builders, designers, and engineers. The apartments in Mohali are established on a pre-planned design. The surroundings of the housing complex are clean and green with lovely parks and wide paths. Amenities include clubs for recreational activities, enough parking space, full power backup, 24-hour water supply, fire management system, shopping gallery and 24-hour security with defensive boundary wall.

The apartments in Mohali are completely air-conditioned with a modular kitchen having vitrified flooring, plaster & OBD ceiling, and granite kitchen counter. The bathroom furnishings are European WC, shower, washbasin in Granite counter, towel rail, mirror, and soap dish. The rooms are protected by hardwood doors with glassy shutters. The apartments have a distinct utility area and guest room with an attached toilet. These apartments are offered for freehold possession. Thus, you can own comfortable living space with all the comforts.

Best way to search for the property in Mohali
Various builders exist in the Mohali real estate market, and you can search online for choosing the best. Visit the website of numerous real estate builders to see their popular projects and payment plans. Some of them will also deliver financial assistance through a loan facility. Their payment procedures are smooth with easy instalments. So, owning your dream home is no more a tough task.

    If you have made up your mind to buy property following information will be of great use to you:
  • Start by starting an SMSF, preferably by getting assistance from an experienced and trained financial consultant. There is a lot of paperwork that usually needs to be done and the consultant will do all the work essential to set up bank accounts, trust deeds etc.
  • Once your SMSF is in place, you need to hand over your superannuation funds to it. You can start such a fund individually or with others.
  • You should then apply to a bank of your selection to get a loan pre-approval based upon the total money you are eager to spend on the investment. The bank will go through its steady process for loan approval and will need certain documents to check whether they are in order.
  • You can start looking for an appropriate property once you have loan approval in hand. You have to follow normal procedures for selecting the property and closing the deal.
  • The legal name of the property in question will be forfeited to the lender who also earns interest as per the loan agreement.
Author's Bio: 

Anurag Gupta writes for RealEstateIndia.Com and keeps a keen eye on the real estate trends in the country. He has written informative posts on Mohali Inviting Buyers for the Smart Investment in Real Estate.