Mohali, the vibrant city nestled in the heart of Punjab, has emerged as a prime residential destination, offering a unique blend of modern amenities and traditional charm. Among the various housing options available, choosing to reside in a flat in Mohali comes with a multitude of advantages, ranging from enhanced security to cost-effectiveness and an enviable location.

1. Security: Your Peace of Mind Hub

In Mohali flats, safety is a priority. Imagine a gated community where everyone’s a friendly neighbor. 24/7 security and surveillance add an extra layer of protection. It’s more than just a flat; it’s your secure retreat. This enhanced security allows residents to enjoy peace of mind, knowing that their loved ones and belongings are well-protected.

2. Lesser Costs: Wallet-Friendly Living

Apartments/Flats in Mohali are a budget-friendly choice. Lower maintenance costs and an affordable initial investment mean more savings for you. Plus, shared amenities like parking and gyms keep your lifestyle comfortable without breaking the bank.

3. Area or Location: Mohali’s Sweet Spot

Living in a Mohali flat means you’re in the heart of the action. Easy access to schools, hospitals, malls, and entertainment spots makes life hassle-free. Picture this: a well-planned city where everything you need is just around the corner.

Conclusion: Choosing a Mohali flat isn’t just a housing decision; it’s a lifestyle upgrade. With security, savings, and a prime location, your flat isn’t just a place to stay; it’s your home sweet home in the heart of Punjab.

Read More

The real estate market is one of the best investment places because it grows day by day. People switch their prime location due to their jobs or businesses, so they make sure that they have their own homes. Location is one of the prime key considerations for a home. There are other factors that play an important role in investing in real estate.

Have a look at the following factors that will help you to make a decision:

1. Property location

Why it’s important

Location is one of the most important factors in real estate and also a most important factor of profitability in real estate investing. Green space, the distance from the market, transport facilities, and amenities also play an important role in property valuations.

What to look for

When considering a property location, it is important to take a long-term view of how the area is expected to develop over the investment period. 

Example: A peaceful land may devalue your property when a noisy or polluted industrial unit is established in the future. Analyze the ownership and intended use of the immediate area before investing.

Another way to collect information about the property is to contact the zoning and urban planning department. 

2. Valuation of the Property

It is the process of determining the property’s current value to sell or buy a property. 

Why it’s important

It is important for financing at the time of purchase, listing price, insurance, and taxation – they all depend on real estate valuation.

Methods of Property Valuation

Pricing a real estate property is called a property valuation. It is the process in which the economic value of an investment is determined, which often seeks to determine the fair market value of a real estate property. We can measure the property value by the following method:

  • Sales Comparison: Compare your property with another characteristic property. This approach is used for old and new houses.
  • Cost Approach: Cost of New Construction = Original Cost of Land and Construction−Depreciation
  • Income approach: Based on expected cash inflows – suitable for rentals

2. Investment purpose

It means the purpose of the property – you use it for yourself, buy it for rent, and resell it.

What to look for

Clear the purpose in your mind before buying the property.

  1. For self-use: When buying a property for self-use, pay attention to amenities and other facilities, areas, and nearby malls, as well as public transportation options.
  2. For Lease: This kind of offer generates long-life income. These kinds of investments are only good for commercial and storage houses
  3. Buy and sell (Short-term): It is a quick and small term investment. Customer investment until real estate didn’t get the boom. The profit on this property is very close to the actual amount.
  4. Buy and sell (Long-term): This kind of investment in real estate is generally used after retirement. It is probably used for self.

4. Expected cash flows and profit Opportunities

As we know investment in property is a wise decision but increases our expenditure.

Cash flow = Income – Expenditure

It means how much money you save in a month.

What to Look For

  • Expected cash flow from the rental property.
  • Expected property value in the future.
  • Expected benefits while re-selling include renovation costs.
  • Tax benefits

5. Be Careful with Leverage

Loans are convenient but they may come at a big cost. You invest today but the cost of the interest is divided over many years. So plan wisely how to handle the EMI in the future and maintain a backup of some amount for any emergency

What to look for

  • Research, Research, and Research and Decide on the type of mortgage loan that fits your situation.
  • Carefully read about terms and conditions and clearly discuss with the loan provider about T&C and others.

6. New Construction vs. Existing Property

Why it is important

Before investing, prepare yourself if you want to invest in a new or old property. Definitely, new construction offers high prices with modern amenities. New construction brings high risks such as delays in Shifting, Increased costs, and even Unknown neighbors. 

Existing properties offer convenience, faster access, established improvements, and in many cases, lower costs. No waiting period.

What to Look For

Here are some points to focus on before making a decision.

  • Collect reviews of real estate companies. You can check the online reviews or get reviews from the neighbor’s property/nearest residence.
  • Consider monthly maintenance costs, outstanding dues, and taxes. Costs such as these can severely impact your cash flow.
  • Quality check of used items such as furniture, fixtures, and equipment.

7. Your Credit History

Why it’s important

Credit history is a record of how a person has handled money and debt, including credit card accounts and other loans. 

Your credit score affects the ability of the quality of loans and also impacts the terms and conditions. Higher credit means higher chances of availing of loans and better terms. 

What to look for

If your credit score is 650-749, it means your credit score is good. Above 750 means Excellent. To improve your credit history you can follow the following steps:

  • Pay your bills on time. Set up an auto debit option for the inconvenience.
  • Pay all your debt on time.
  • Don’t close your non-used credit cards. It will help you pay your bills on time with other cards.
  • Limit requests for new credit especially hard checks.
  • Review your credit report timely and dispute any inaccuracies.

8. Update With Real estate marketing Trends

Why it’s important

Real estate investment is another kind of investment. It is good to buy a property at a low price and sell it at high prices. In order to reduce your financing costs, you should pay attention to mortgage rates. 

What to look for

Keep up with trends and statistics for:

  • Property prices
  • Property sales
  • New Construction
  • Interest rates

Note: Always verify your credit score to get the best mortgage rates.

9. Financing Options

Funds are the most important thing in real estate investing. The down payment on the property will be paid off with savings. So the remaining amount will be paid off through financing options. Before investing, always get information from the real estate builder and the financing facility.

The bottom line

An investor who invests in real estate can expect significant returns. Investments in real estate can also provide steady cash flow, substantial appreciation, tax advantages, and competitive risk-adjusted returns.

Divine Group is one of the leading real estate builders and developers in Kharar that offers residential ready-to-move property with the latest amenities. They have an in-house team who can guide you regarding your investment.

Read More

Kharar, a town in the Mohali district of Punjab, has gained popularity as a residential destination in recent years. If you’re considering making Kharar your home, here are some key points to consider when evaluating its suitability as a place to live:

1. Location and Connectivity:

  • Kharar’s strategic location offers proximity to Mohali and Chandigarh, which are known for their economic opportunities.
  • Excellent road connectivity, with upcoming expressway projects, ensures easy access to major urban centers.

2. Economic Growth:

  • The town has witnessed significant economic growth, driven by the presence of educational institutions, hospitals, and commercial centers.
  • Emerging job opportunities in various sectors make Kharar an attractive choice for professionals and entrepreneurs.

3. Affordability:

  • Compared to neighboring cities like Chandigarh and Mohali, Kharar offers more affordable housing options.
  • A lower cost of living and a range of property types cater to various budgets.

4. Rental Income Potential:

  • The influx of students and professionals in the area creates a demand for rental properties, making it a lucrative option for investors.
  • Rental income can contribute to the property’s overall return on investment.

5. Infrastructure and Amenities:

  • Kharar has seen significant improvements in infrastructure, including better roads, sanitation, and public transport facilities.
  • Basic necessities like schools, hospitals, shopping centers, and entertainment options are readily available.

6. Educational Institutions:

  • Kharar is home to several schools and colleges, making it an ideal choice for families with children.
  • Proximity to renowned educational institutions in Mohali and Chandigarh further enhances its appeal.

Nearby Schools

  • Ryan International School
  • Oakridge International School
  • Maxim Merry School
  • Indus Public School
  • Rising Sun Public School
  • Manav Public School

Nearby Colleges

  • Rayat Bahra University, Sahauran
  • Chandigarh University, Gharuan
  • Chandigarh Group of Colleges, Landran and Jhanjheri
  • Doaba Group of Colleges, Saharan
  • Guru Gobind Singh College of Modern Technology, Khanpur
  • Shaheed Udham Singh College of Engineering & Technology, Tangori
  • Government Polytechnic College, Khunimajra

7. Healthcare Facilities:

  • The town boasts a growing number of healthcare facilities, ensuring access to quality medical services.
  • Nearby hospitals and clinics offer a sense of security for residents.

Nearby Hospitals

  • Kharar has Punjab’s only State Chemical Testing Laboratory which can perform viscera assessment and a Forensic Laboratory, supportive of expedient equity in lawful cases. Kharar has its own administration clinic too. It is situated at the north end of the city.
  • Civil Hospitals
  • UPHC Mundi Kharar, Urban Primary Health Centre, Near Pal Diary
  • Forties Hospitals
  • PGI, Hospitals, Chandigarh
  • Sohana Hospitals
  • Max Hospitals

8. Cultural and Recreational Activities:

  • Kharar offers a variety of cultural and recreational activities, from local festivals to sports events.
  • The town’s growing community spirit provides opportunities for social engagement.

9. Safety and Security:

  • Kharar is known for its relatively low crime rates, providing a safe living environment for residents.
  • Police presence and community policing initiatives contribute to overall security.

Real Estate Market:

  • The real estate market in Kharar is diverse, offering options ranging from apartments to independent houses.
  • Property values have been appreciating, making it a potential investment opportunity.

In conclusion, Kharar offers a combination of factors that make it a good place to live in, including its strategic location, economic growth, affordability, rental income potential, improving infrastructure, and access to educational and healthcare facilities. While it may not have the same level of urban amenities as Chandigarh or Mohali, Kharar’s charm lies in its affordability and community-centric lifestyle. It’s important to assess your specific needs and priorities before making the decision to call Kharar home, but for many, it’s a promising and welcoming place to live.

Read More

Investing in real estate in Tricity has always been a tried-and-true method for building wealth, and Kharar, a bustling town near Mohali, Punjab offers a promising opportunity for real estate investors. With a growing demand for plots & flats in Kharar and the presence of reputable real estate developers like Divine Group, and Gillco, there are several compelling reasons why you should consider investing in Kharar real estate today. In this article, we’ll explore five key factors that make Kharar an attractive destination for real estate investment.

1. Booming Real Estate Market

Kharar has witnessed substantial growth in its real estate market over the past few years. The demand for residential properties, including flats, has been on the rise, making it a hotspot for real estate developers and investors. The town’s strategic location, with close proximity to Chandigarh and Mohali, has contributed to this growth, making it an ideal choice for both homebuyers and investors.

2. Affordable Property Prices

Compared to some of the neighboring cities such as Mohali & Chandigarh, Kharar offers affordable property prices. This affordability is a significant advantage for investors looking to enter the real estate market without breaking the bank. Whether you are interested in residential flats or commercial properties, Kharar provides a range of options to suit different budgets.

3. Established Real Estate Developers

Kharar boasts a range of established and reputable real estate developers who are known for delivering quality projects. These developers have a track record of completing projects on time and offering modern amenities, making the investment a safe bet. Investing with these experienced developers ensures that you are putting your money into reliable and professionally managed projects.

4.  Rental Income Potential

Kharar’s strategic location and the presence of educational institutions, hospitals, and commercial centers make it an attractive place for rental properties. By investing in flats in Kharar, you can tap into the rental income potential, which can provide a consistent source of revenue. With a growing population and increasing urbanization, rental properties are in high demand, ensuring a steady stream of rental income.

5. Potential for Capital Appreciation

Investing in real estate is not just about generating rental income; it’s also about long-term capital appreciation. Kharar’s real estate market has shown a positive trend in property values over time. As the town continues to grow and develop, the value of your investment is likely to appreciate, providing you with an excellent opportunity to build wealth in the long run.


Kharar is a prime destination for real estate investment, offering a booming real estate market, affordable property prices, the presence of reputable real estate developers, rental income potential, and the potential for capital appreciation. Investing in Kharar is a wise decision for those looking to diversify their investment portfolio and secure their financial future.

By leveraging the opportunities presented by Kharar’s real estate market, you can embark on a path to financial growth and security. Take advantage of this golden opportunity to invest in Kharar real estate today!

However, as with any investment, it’s crucial to conduct thorough research, assess your financial goals, and consult with real estate professionals to make an informed decision. For Consultation Call Us: 9646060304

Read More

Making an informed decision when looking to purchase a property in Mohali or Kharar is essential because buying a home is an important life milestone. There are many different housing options available in this thriving city in Punjab, India, but before you start your search, there are a few important considerations you must keep in mind to guarantee a successful and positive home-buying experience.

  1. Set a Realistic Budget: Establishing a budget is the first and most crucial step in the home-buying process. Recognize your financial capabilities and establish your budget. Take into account elements like down payments, recurring mortgage payments, property taxes, and maintenance costs.  You can prevent future financial strain by sticking to your budget.
  2. Credit Score: If you are going to finance your new home, Then make sure that your credit score is 750 or above. A good credit score can help you to easily avail a home loan.
  3. Location Is Important: Location is crucial to one’s overall quality of life. Think about things like how close Mohali or Kharar is to your workplace, local shops, restaurants, and public transportation. Look into the area’s amenities, safety, and potential for future development that might have an impact on property values.
  4. Size and Type of Property: Choose the kind of property that most closely matches your needs and way of life. There are many options available in Tricity, including independent homes, villas, and apartments. Consider the size of your family and whether you’ll need additional space in the future. It’s critical to select the proper size and type of property for your comfort and convenience.
  5. Builder Reputation: It’s crucial to check the builder or developer’s reputation before buying a flat in Kharar. To determine their dependability, the standard of the construction, and compliance with project timelines, look for reviews and testimonials from previous customers. A trustworthy builder guarantees a more seamless and reliable transaction. OM Divine World is the leading real estate builder and developer in Tricity, offering all kinds of residential and commercial properties at the best price.
  6. Legal Due Diligence: Before finalizing a property purchase, always demand appropriate legal due diligence. Verify the ownership of the property and look for any loans, encumbrances, or outstanding debts. This action will aid in your future avoidance of unforeseen legal snares.
  7. Facilities and Amenities: Analyze the features and amenities that the housing development offers. Mohali and Kharar has undergone significant development, and contemporary housing developments frequently include amenities like security systems, recreation spaces, gyms, and more. 
  8. Resale Value: Take into account the property’s resale value. Even though purchasing a home is a long-term decision, it is advisable to consider how the asset’s value may increase over time. Keep an eye out for local infrastructure improvements and new trends that may have an impact on future real estate prices.
  9. Home inspection: Before concluding the deal, conduct a thorough home inspection. This step will assist you in finding any hidden problems or structural issues that might need pricey repairs. Peace of mind and fewer unforeseen costs are guaranteed by a well-maintained property.
  10. Finances available: Investigate various financing choices, such as financing rates and home loans. Look around to find the best loan conditions that fit your budget. A sound financial plan must take into account the interest rates, repayment terms, and EMI schedules.

Buying a home in Kharar, Mohali is an important financial decision, and taking the time to think about these crucial factors can result in a happy and successful experience as a homeowner. You can make a well-informed choice that fits your lifestyle and financial objectives by creating a budget, carefully assessing location and property type, researching builders, performing legal due diligence, and addressing other crucial concerns. Keep in mind that purchasing a home marks the beginning of a new chapter in your life, not just an investment.

Read More

Nestled in the Sahibzada Ajit Singh Nagar district of Punjab, India is Kharar – a town that has managed to retain its charm while keeping pace with modern-day conveniences. Kharar is becoming more and more well-known as a sought-after place to live in recent years. Here are some reasons Kharar might be the ideal relocation for you if you’re thinking about making a shift.

1) Prime Location:

Kharar is in a prime location, with the thriving metropolises of Chandigarh and Mohali on either side. The outcome? The advantage of living close to metropolitan conveniences but still enjoying a tranquil town lifestyle is enjoyed by the residents. The excellent accessibility, provided by well-kept roads, is an extra Benefit.

2) Affordable Housing:

Properties in Kharar are available for far less money than those in major cities, where real estate prices are rapidly rising. There are many alternatives, from apartments to standalone homes, all within your budget, whether you want to invest or buy a property for the first time. 

3) Modern Amenities:

Between its traditional norms and modern amenities, Kharar strikes a pleasant equilibrium. This town offers a diverse range of attractions, from retail centres and movie theatres to local markets vibrating with Punjabi culture.

4) Educational Institutes:

With so many well-known educational institutions, Kharar is a great area for students. Whether you are seeking schools for your children or pursuing higher education, you won’t be disappointed with the options available.

Nearest Educational Schools and Institutes

  • J.C Public School
  • Honey Dew Public School
  • Growwell School
  • Khalsa Senior Secondary School
  • Rayat Bahra University
  • Doaba Group Of Colleges
  • Government Polytechnic College Khunimajara
  • Chandigarh University
  • Chandigarh Group of Colleges (CGC) – Landran
  • Mind Tree School, Kharar, Greater Mohali
  • Gillco International School

5) A Natural Retreat:

Kharar’s scenic beauty is one of its main attractions. Surrounded by lush green fields, the town provides a refreshing contrast to the concrete jungles of big cities. The fresh air, tranquil surroundings, and slower pace of life are soul-saving.

6) A Land of Opportunities:

Kharar is expected to have tremendous expansion in the upcoming years due to the rapid development occurring in and around the region. Purchasing real estate here could result in significant financial gains in future. The town’s growth potential is being further enhanced by the attraction of commercial establishments in addition to residential initiatives.

7) Rich Cultural Tapestry:

With its rich Punjabi cultural heritage, Kharar provides a lively cultural experience. Living here is actually enriching because of the festivals, local happenings, and general kindness of the community. Traditions and modernity live side by side in this place.

8) Safety and Community Living:

Kharar is known for its tight-knit community. There is a strong sense of belonging, which is by nature safer. Newcomers find it simpler to settle in and feel at home because the people are renowned for their warmth. 

9) Access to Quality Healthcare:

Many new clinics and hospitals have opened in Kharar in the last few years. With a mix of both speciality and multi-speciality healthcare centres, residents have easy access to quality medical care whenever needed.
Best and Nearest Multi-Speciality Hospitals in Kharar

  • Amcare Hospital
  • Max Super Speciality Hospital
  • Fortis Hospital
  • PGI
  • Civil Hospital
  • Sohana Hospital
  • IVY Hospital

10) Future Prospects:

The evolution of Kharar is not accidental. With upcoming development projects from the public and private sectors, the town should continue to grow in the years to come.

Living in Kharar is not just about finding a best house; it’s about building a life. It offers
a comprehensive living experience with its blend of contemporary conveniences, cultural diversity, and scenic beauty. Kharar offers something for everyone, including families, students, and young professionals. If you’re thinking about moving, Kharar might be the refuge you need.

Read More