Planning to buy commercial property in Mohali or Chandigarh? The two cities are becoming the fastest-growing commercial centers of North India. With good infrastructure, planned development, and high business potential, investors are looking to enter the Tricity market. For future businessmen, buying a shop in Mohali-Chandigarh can be a long-term asset and a potential business step.
Why Mohali-Chandigarh Works for Business Owners
In Mohali and Chandigarh, every business type finds its target audience without much struggle. Mohali, particularly places such as Airport Road, Sector 79-80 and 117, Kharar Road, and Aerocity, has seen a rise in hotspots with increasing residential density and footfall demand.
At the same time, Chandigarh continues to attract premium retail brands, with planned sectors, a high-end clientele, and a steady commercial market, which its counterparts in the Tri City area appear to struggle to replicate.
Understanding Popular Property Types In The Area
When buyers view commercial stores in this region, it should be based on the nature of their business and the business attributes. Walk-in businesses need to be on the ground floor, even if it costs more. The higher price is usually associated with better visibility and better sales.
Buyers who have service-based businesses or are intending to lease to coaching institutes, clinics, or office-based tenants may consider upper floors. Such units come with lower acquisition costs while offering attractive rental yield potential, and operational feasibility is not affected.
While buying in a shopping mall, buyers should not only focus on the price per square foot but also on the recurring expenses such as maintenance fees, common facility charges, and any association rules that may affect signage, operating hours, or business categories.
To sum up, buying a shop in this region can turn out to be a solid investment if it is paired with the appropriate commercial purpose, budget, and market positioning.
Types of Commercial Shops Available
Below are the types of properties you can invest in.
| Type of Property | Best For | Investment Range |
|---|---|---|
| Retail Shops in Malls | Fashion brands, salons, electronics, franchise stores | Mid-High |
| High-Street Shops | Daily needs, cafes, pharmacies, banks | High ROI |
| Food Court Spaces | Fast food, bakery, QSR | Medium |
| SCO / Booths | Multi-floor business use | High |
| Pre-leased Commercial Shops | Guaranteed rental income | Low-Risk Investment |
Factors Influencing the Prices of Property
Location beats everything else when it comes to pricing. Main road properties command double or triple the rates of inner lane options, even within identical sectors. Corner plots attract premiums because of visibility from two directions instead of one.
Size needs careful thought before buying. A 400 square feet shop sounds impressive initially, but operations requiring only 200 square feet mean paying for unused space unnecessarily. Most retail setups function smoothly within 150-300 square feet based on product types.
Property age affects rates noticeably, too. Fresh buildings with modern fittings cost more than older buildings needing renovation work. Aged properties in prime zones sometimes grow in value more quickly than new ones in average locations, surprisingly.
Legal Aspects Need Attention
Property papers require careful checking without shortcuts. Ownership titles must be crystal clear without disputes or court matters pending. Municipal approvals for construction should exist properly. Commercial usage must carry official permission clearly.
Documents showing property history disclose any existing loans or financial claims attached. Property tax records should show current payments without gaps. Earlier sale papers need review to verify the continuous ownership chains properly.
Property lawyers aren’t optional extras but necessary protection for buyers. Legal expenses appear extra now, but prevent enormous losses later from documentation problems.
Shop for Sale in Mohali, Chandigarh
Here are the top trending listings in the area.
| Omni Amayra Emporio RESALE | Shop for sale in Kharar, Mohali | ₹22,916 /sqft | 480 sqft Carpet Area |
|---|---|---|---|
| Jubilee Walk | RESALE Shop for sale in Sector 70, Mohali | ₹22,807 /sqft | 570 sqft Built-up Area |
| SBP City Square, Mohali | RESALE Shop for sale in SBP City Square, Mohali | ₹6,962 /sqft | 675 sqft Carpet Area |
Returns and Growth Outlook
Commercial properties for sale in mohali, chandighar have historically recorded steady value increases over decades. Continuous infrastructure additions keep pushing valuations upward gradually but surely.
Rental returns from commercial spaces generally fall between 7-9% yearly here. This beats bank deposits comfortably by good margins. Several buyers purchase shops exclusively for lease income without personally running businesses at all.
Physical retail survives despite online shopping expansion everywhere. People want to touch and verify quality before buying expensive items.
How SKR Real Estate Can Help
Finding the right commercial property requires local market knowledge and experience. SKR Real Estate specializes in Mohali-Chandigarh commercial properties and understands buyer requirements deeply through years of work.
The team provides verified property listings with clear legal documentation, saving buyers from fraudulent deals common in real estate. SKR assists with property comparisons across different locations and price ranges systematically.
FAQ’s
Q1: What are the pricing bands of shops on average in Mohali-Chandigarh?
A: Due to location and shop size, the shop cost may vary wildly. Small unit starts at Rs 25-30 lakh for about 500 sq. ft.
Q2: What is the highest amount banks grant for the commercial property of a house purchase?
A: In general, banks are willing to provide loans on commercial properties that amount to 65-75% of the total purchase price of the property.
Q3: What documents are needed before purchasing a store?
A: The crucial documents include the sale deed, the NOC, the approved building plans, the occupancy certificate, the property tax receipts for the last 5 years, and the NOC for commercial use from the revenue authorities.
Q4: Is it beneficial to have a shop in a mall rather than a standalone shop?
A: Both alternatives come with different kinds of advantages. On the one hand, shopping malls offer conveniences such as parking management, security, and attract customers easily with the help of anchor stores. On the other hand, with the help of standalone stores, you get complete freedom as to how you want to manage your store.
Q5: How much rental money can shops bring in for their owners?
A: Commercial shops in Mohali-Chandigarh have the potential of earning close to 7-9% per annum on rent, on the higher side.
