The drowsy town of Mohali will soon be on the glam map due to the Indian Premier League (IPL) Cricket. The city is bracing up to observe new development and world-class facilities since it will soon host the IPL matches. This development has brightened up Mohali's property prospects as well.

Mohali real estate is a very exciting market. Town's proximity to Chandigarh is a booster to its real estate sector. People, who would like to escape from the hustle-bustle of Chandigarh find a refuge in Mohali, that offers equally good facilities at affordable prices. And IPL will dsicover a further rise in Mohali's property demand.

Ashish from Massive areas and Massive areas property firm feels that Mohali and Chandigarh properties are already sought after. He says that all Punjabi NRI s among others who work in Chandigarh and neighbouring areas like Bhatinda, Ludhiana and Amritsar want to work out in Chandigarh. "Chandigarh is fast becoming a metropolitan New IPL Teams. The city has been tagged as the best city to live and also has highest per capital income in Of india. It has good facilities and good facilities. Hence NRI and even people from the cities and communities of Punjab need it land here. Now, property is becoming scarce in Chandigarh and this is driving visitors to neighhbouring areas like Mohali. inches

The land prices are high there. Presently, the plot values ranges between Rs 27, 000 and Rs 32, 000 per/sq gardens. Ashish conjectures that this value will only escalate further. "Land prices will only rise. IPL has added a tinge of glamour to Mohali. Already people wanted to buy land here and now lot of developers and big groups will also pick up land banks here. IPL is good news for the realty area, inches he concludes.

Another real estate agent, Sameer Mehan feels that IPL will help boost the local facilities as well. He feels that Mohali is up-market. The city will place have an international airport. He says, Mohali is what Chandigarh was several years ago. The local facilities and real-estate are starting a make-over there. And IPL is just an sugar on the cake. It will do wonders for the realty area there, he asserts.