Mohali has become a popular spot for buying property with its advanced and ultramodern infrastructure and rapidly growing real estate market. If you are also looking for a 2 BHK flat in Mohali, Realty Norstar can help you with the homebuying process. A 2-bedroom, hall, and kitchen flat offers space, a luxurious feel, smart home features, comfort, and a good investment opportunity. But navigating the market can get difficult, but not with the right partner. That’s where we come into the picture. Known for our expertise and consumer-first approach, our team can discover and bring you selected properties that meet quality standards and match your lifestyle goals.
In this blog, we walk you through important things to consider before purchasing your dream flat in Mohali- with insights from experts who know the market best.
Yes, Mohali is one of the fastest-growing areas in Punjab and has growing infrastructure, smooth connectivity, and high investment potential.
Q2. What is the minimum cost of a luxury 2 BHK flats in Mohali?
The average cost of a luxurious flat in Mohali can start from ₹50 Lac and can go up to ₹2 crore.
Q3. Why choose Realty Norstar for buying a flat in Mohali?
Realty Norstar is an experienced real estate agency that offers verified properties and a 100% transparent and honest buying process.
Q4. What other property types are available in Mohali?
Other property types that are available in Mohali are 3 bhk flats, 4 bhk flats, 5 bhk flats, villas, bungalows, independent houses, and commercial spaces.
In this blog, we walk you through important things to consider before purchasing your dream flat in Mohali- with insights from experts who know the market best.
Factors to Consider Before Buying a 2 BHK Flat in Mohali
1. Budget
One of the most important things that one must keep in mind while buying a house is the budget. No matter which location you are planning to buy a house in, budget is something that requires complete attention. Since flats need a significant financial commitment, you should establish a budget before narrowing down your selections.After paying for all of your daily expenses and other expenditures, figure out how much money you should have left over each month from your sources of income. You should be able to determine what kind of monthly bank loan EMIs you can afford based on this calculated amount. Especially if you are factoring in securing a luxury flat in Mohali, as premium flats cost way more than a standard housing unit.2. Location
The second most necessary factor to consider is the location. Sites located at the city's epicenter are extremely significant. They offer a multitude of opportunities in addition to convenient access. An additional layer of benefits is the convenience of having business centers, cultural landmarks, and necessary services close by. With this, having excellent connectivity accompanies great settings. For instance, we can easily comprehend why suburbs thrived if we look at their growth track. These locations have become popular hotspots due to their all-around connectivity. Realty Norstar projects are located in the prime areas with flawless road connectivity to Chandigarh, hospitals, top schools, shopping malls, and others.
3. Amenities
Before investing, it is necessary to carefully consider the amenities that a residential complex offers. You need to make sure there are plenty of parking spots in the complex. Additionally, you should think about whether the complex has other amenities like a gym, parks, sports facilities, elevators, etc. 2 BHK, 3 BHK, and 4 BHK luxury flats in Mohali generally come with a variety of amenities, so you do not have to worry in regards to that specifically. If you have any doubts, you can contact Realty Norstar, and we can guide you with the entire list of amenities a society delivers.4. Water and Electricity Supply
Another factor that holds immense importance is the water and electricity supply connection. Both of these are a necessity and cannot be ignored when planning to buy a property. Make sure to enquire about the availability of flawless water and electricity supply in the area with the realtor. An experienced realtor like Realty Norstar will tell you all the essential details themselves. On the other hand, a realtor who is hiding something would hesitate or make excuses when asked such important information.5. Security
We all want to feel safe in our homes. Hence, when finding a 2 BHK apartment in Mohali, make sure to ask if the society is gated or has 24/7 security personnel available. Most probably, Mohali societies are gated and have tight security to keep the atmosphere safe.6. Add on Furnishing and Renovation Cost
Many times, a builder cannot guarantee additional work needed for certain properties. Before purchasing an apartment, factor in furniture or additional renovation expenses.. New apartments that are fully equipped may cost more than older apartments. When you partner up with Realty Norstar, expect no hidden expenses and transparent communication.7. Carpet Area of the Flat
The total carpet area of your flat or apartment must be known before investing in a residential project in Mohali. The real space inside the apartment's walls is known as the carpet area. Get an accurate estimate of the carpet area in your apartment and a clear breakdown of the purchasing price. Instead of relying just on the advice of your broker, agent, or developer, make sure you obtain an evaluation from an impartial source.8. Resale Value
Depending on when you intend to sell your apartment, conduct the necessary research on its resale value if you are purchasing it as an investment rather than to live in. It provides you with a clear picture of the expected returns on your investment. In case you are buying a property with the intention of selling later, then it becomes all the more potent to get a future estimate.Wrapping Up
Buying a 2 BHK flat in Mohali can be a rewarding decision if you make sure to check all the things listed above. With this, having the right real estate agent, such as Realty Norstar, can also be advantageous. Our team can assist you in the buying process, from shortlisting apartments, booking a tour, to communicating with the seller. Mohali real estate has the best projects to offer, so make a smart move and partner with us to secure a property.Your dream home is not far away with Realty Norstar. To get in touch with us, you can either call us at +91 80541 28354 or fill out the contact us form.Frequently Asked Questions (FAQs)
Q1. Is Mohali a good place to buy a house?Yes, Mohali is one of the fastest-growing areas in Punjab and has growing infrastructure, smooth connectivity, and high investment potential.
Q2. What is the minimum cost of a luxury 2 BHK flats in Mohali?
The average cost of a luxurious flat in Mohali can start from ₹50 Lac and can go up to ₹2 crore.
Q3. Why choose Realty Norstar for buying a flat in Mohali?
Realty Norstar is an experienced real estate agency that offers verified properties and a 100% transparent and honest buying process.
Q4. What other property types are available in Mohali?
Other property types that are available in Mohali are 3 bhk flats, 4 bhk flats, 5 bhk flats, villas, bungalows, independent houses, and commercial spaces.
