Once a quiet neighbourhood, Mohali is now a rising commercial powerhouse. More IT companies, better infrastructure, and wider business activity are fueling office space demand. It’s a place where growth and investment potential go hand in hand. For anyone eyeing office real estate, it promises both strong returns and future opportunities.
This guide touches upon the essentials that one must know before purchasing an office for sale in Mohali, market trends, location, prices, and office spaces.
Why Mohali Is Turning Into a Commercial Powerhouse
With a time span of ten years, Mohali has transformed from being just a satellite city of Chandigarh to a major commercial, IT, and industrial destination. Its appeal is supported by numerous factors:
Solid Commercial Ecosystem
The dedicated IT sectors, industrial parks, and business districts of Mohali have attracted companies from the following segments: healthcare, SaaS, IT services, telecom, logistics, and manufacturing. This continuous demand keeps office occupancy rates at a healthy level, which is a source of income for investors.
Strategic Connectivity
Mohali is linked with the following locations very well:
- Chandigarh International Airport
- Tricity Road Network
- NH-5
- The upcoming metro proposals
- Industrial cities like Baddi and Zirakpur
Such connectivity is a big plus for businesses in Mohali that depend on smooth logistics and mobility.
Availability of Modern Commercial Projects
In recent years, Mohali has undergone a transition, creating numerous:
- Grade-A office spaces
- SCOs (Shop-Cum-Offices)
- Premium commercial towers
- IT and coworking hubs
- Investment-focused commercial properties
These new real estate offerings bring in better layouts, bigger floor plates, parking spaces, environmental friendliness, and more efficient space planning.
Long-Term Growth Potential
The influx of global businesses, government support, and the emergence of new sectors are some of the reasons why businesses will continue to come. This, in turn, results in stable rental demand and attractive long-term appreciation.
Best Locations to Buy Office Space in Mohali
Several sectors in Mohali are worth buying office spaces in. Each of them has unique benefits depending on the infrastructure, the level of business activity, and the possibilities for growth.
Airport Road (PR-7 Road)
Among the various commercial zones, it’s Airport Road that has been speeding ahead in development, now featuring not only premium office buildings but also high-street developments and mixed-use commercial projects of all kinds. It draws:
- Tech companies
- Start-ups
- Consultants
- Retail chains
- Medical professionals
The close location to the international airport makes it the perfect place for businesses that need connectivity within the country or across the globe.
Sector 66 & Sector 67
These sectors represent the core of the modern commercial district in Mohali. They house numerous ready and upcoming projects offering office spaces in different configurations, catering to small and large businesses. Some of their key advantages are:
- High office demand
- Well-planned road network
- Strong retail presence
- Near residential catchments
Sector 74A & Sector 75
These locations are referred to as the new business avenues with significant potential that are being grabbed by IT companies and corporate offices. They provide:
- Flexible office spaces
- Layouts that are attractive to investors
- Good rental potential
Sector 82 & Sector 83 (IT City Mohali)
If you want an office in a tech-centric area, IT City is probably the best place.
- Big, integrated IT complexes
- Close to education and research institutions
- Several tech companies are already there
- A great place for coworking and corporate spaces
Kharar-Landran Road
This area is turning into a good location for small offices, clinics, and consultancy set-ups due to its low-priced nature and increasing population density.
Also Read: Commercial Shops for Sale in Mohali
Types of Office Spaces in Mohali
Whatever your budget or business requirements, Mohali has a wide range of options to choose from:
Ready-to-move Office Spaces
- Best for operations starting immediately
- Good for SMEs
- Lower risk than a property that is under construction
Pre-Leased Offices
These refer to the offices that have already been leased out to tenants. Such properties are perfect for investors who want:
- Secure rental income
- Low vacancy risk
- Fixed returns for the long-term
SCOs (Shop-Cum-Offices)
Perfect for businesses that greatly benefit from visibility, such as:
- Clinics
- Law firms
- Financial consultants
- Boutiques
- Service providers
They offer ownership of both the land and the structure, thus increasing the potential for future appreciation.
Office Units in Commercial High-Rises
These are best for corporates and executives who seek:
- Modern interiors
- Lift access
- Visitor parking
- Security systems
- Easy scalability
Coworking Spaces & Managed Offices
The startup ecosystem in Mohali has led to a very high demand for coworking units, which are perfect for:
- Freelancers
- Seed-stage startups
- Branch offices
These come with very low investment requirements and offer flexible layouts.
Average Prices & Returns: What You Can Expect
The price of office spaces in Mohali depends on factors such as location, project quality, and size. The following is a summary of the price ranges:
Price Range
- Luxury office spaces: ₹75 lakh – ₹3 crore
- Mid-range commercial offices: ₹40 lakh – ₹75 lakh
- SCOs: ₹1.5 crore – ₹4 crore
- Coworking units / small spaces: ₹15 lakh – ₹35 lakh
Rental Yield
Generally, office spaces in Mohali yield the following returns:
- 6% – 10% annual rental yield
- Greater yields for pre-leased assets
- Strong appreciation in emerging areas
Major Considerations Before Taking a Commercial Property in Mohali
Buying a commercial property is a significant step that requires thoughtful planning and strategic consideration. It would certainly be beneficial for you to take into consideration the following points:
Location Visibility & Footfall
It will be best to get the location of your office close to business activities, main roads, and residential hubs in order to have everlasting demand.
Project Reputation
Consider looking into:
- Developer background
- Project delivery timelines
- Maintenance track record
- Existing occupancy levels
Floor Plan & Usable Space
Make sure that the office space layout is not only practical but also adaptable to possible changes in the future.
Parking & Accessibility
Commercial tenants will be more satisfied if they have access to the following:
- Good parking facilities
- Lift access
- Convenience for visitors
Legal & Documentation Checks
Some of the steps involved here are:
- Asking for the RERA registration document
- Finding out the possession status
- Checking the property title
- Making sure you have all approvals and NOCs
Potential for Rental Income
Check local demand, the current tenants in the building, and market trends.
Is Buying an Office in Mohali a Good Investment?
Affirmatively, Mohali offers great potential for long-term commercial investment. The reasons are:
- Business migration at a high pace
- Strong IT presence
- Rapid infrastructure development
- Office spaces have been in demand for a long time
- Compared to metro cities, the entry points are affordable
The city’s steady and consistent growth indicates promising returns for both seasoned and first-time investors.
Conclusion
The market for office space in Mohali exhibits a fusion of stability, profitability, and growth, thus making it an advantageous region for emerging commercial areas to rival. If you’re planning to buy or invest in an office here, SmartKey Realty is ready to help you make the right move.
