Booming Apartment Culture in Indian Suburbs

As per the 2011 estimates, 17.5% Indians are housing out of 7 billion and accounts for only 2.4% total land area. This speaks highly of the relevance of accommodating people in the obtainable space, without harming the environment.

Mona Greens, Zirakpur

 Young India is shifting its orbit into towns and cities in search of a better standard of living. As this has become rampant, the space available for their settlement has been shrinking, which is posing a question mark to the humanity itself. All the multinational companies spreading its wings across the world are stationed in urban areas, the youth are migrating faster than ever to reap the fortune from citified treasure islands. Thus, the massive influx of people towards cities forces us to think about an arrangement that houses all. This gave rise to the concept of apartment or flat, which is a self-contained housing unit that occupies only part of a building.

Moreover, India is drifting away from the concept of extended or joint family and embracing the life of nuclear family. More demand for space with privacy impacted joint family structure resulting in, not spending much time at home. Due to this, beautiful bungalow and mansion are replaced by apartments and flats with all the necessity. Hence making it sensible for a buyer to own a flat, rather than a castle.

Keeping all these in mind, many real estate companies are helping out people in possessing their own space. In this regard, Mona Townships has emerged as one of the leading companies in this sector, based in Punjab. Considering all the present day needs, Mona Townships came up with astonishing residential and commercial projects, such as Mona Greens, MonaCity and Jade Business Park respectively. All the contemporary requirements are incorporated into the complexes with superior and luxury class housing zones. 

Jade Business Park , Mohali

Mona Townships presents promising luxurious avenue with environment-friendly construction. Mona Greens has adorned the outer area with vast lush greenery, along with earthquake resistant structure buildings, well lit internal roads, uninterrupted water supply, excellent ventilation etc. The interiors are designed and constructed with all facilities as per the taste and demand of present generation .

Situated in a prime location in Mohali, Mona Greens fulfills all the requirements of the modern day lifestyle desired by the younger generation.

Punjab- The best place for business, Mohali- The best place to co-ordinate!

With Narendra Modi taking one of the best initiatives of all time Prime Ministers of India visiting  country to country and getting many advanced and developed countries to look towards India as their manufacturing hub, Punjab Government takes the initiative to carry forward the drive by calling for investments in its state. With the recent initiatives of the Punjab Government, specially their one phone no. +91-172-2776001 for all investment queries in the state, it is deemed to be one of the best steps for many medium to small enterprises to come and quickly set up their new manufacturing or business in any part of the state. 

For Illustration only

Punjab is a state that got its name from the 5 rivers that ran through it and thus was one of the most environmental resource rich states from the old times. The soil is highly cultivable and the state rich in social cultures too. Moving along with time, Punjab has advanced as well and today, with the new revolution being eyed across the whole of India, Punjab offers lucrative schemes and resources that not many would like to miss. If you wish to set up a new business in Punjab, please consider the below points.

• 24/7 Uninterrupted Power Supply

• First Class air connectivity with 2 International Airports in one state, i.e. Mohali and Amritsar

• Best Social Environment

• Best government reforms

• Best in Infrastructure with NH1 starting from Amritsar in Punjab and other state and national highways too.
  
  
  

  

  Mona Townships

  
  
  
  
  
   Punjab wishes to keep its neck further in comparison to other states. With this recent initiative to bring in most of investment, it has launched a new website called https://investpunjab.gov.in/. You can get all information about setting up your business in Punjab.
  
  The blue chip companies have already started to take action where recently in a summit in Mohali called Progressive Punjab, Mr. Mukesh Ambani from Reliance Industries has stated that they will invest Rs 2500 Cr in the state of Punjab in the coming days. So are the expected plans of other companies in different amounts. With so much of investments coming in, one can imagine the development that is anticipated in the state. Mohali being the epicentre of the activity is bound to get a big share being close to Chandigarh and also to the capital of India, Delhi. Mohali further is connected with fine roads to the other main cities of development, i.e., Ludhiana, Khanna, Jalandhar, Amritsar and more. And when there will be so much of development, residential sector will move hand in hand. Hence one can expect the residential sector of Mohali to build up greatly as well.
  
  
  
  

  

  Mona Greens Pic.

  
  
  Mohali is one of the most greenest and developed city of Punjab too and it takes the biggest advantage of being close to the shared capital of one of the world’s best city called Chandigarh, the city beautiful. Mohali is being developed on the same essence but with advantages of industrialization which Chandigarh always missed. There are various builders in Punjab and their first choice of area is none other than Mohali. It is a place where almost all the developers have their at least one real estate project. Amongst the various developers Mona Townships is a rising star! In a short span of time in comparison to some, we have developed 1 project and sold it completely and given possession already and in the process of making 2 more, i.e. Mona City and J90.
  
  

  

  Jade Business Park, Mohali

  
  
  Have a look at our Jade 90 (J90) project in Mohali which is situated at the epicenter of Mohali in Sector 90 which has a great connectivity to various parts of the city as well as being on one of the state highways gives great advantage of connecting to other highways and easy and speedy roads to Ludhiana, Chandigarh and other parts of Punjab and even other nearby states. J90 is just a few kilometers away from the newly inaugurated international airport of Mohali. Being a project with great connectivity, we are presently even the largest commercial development in the whole of the city and to make a deal undeniable J90 offers residential units in the same project to suit live and work culture. Prices? No, you do not have to say, get the best deals, contact us on any of our websites of straight toll no. 1800 3000 3143
  
  Read more about our J90 project and its connectivity to various important places here:
  
  http://www.mtmohali.com/j90-mohali.php and contact us on our phone nos. or query forms
  
  for any further information.

Punjab Government offers pre cleared land banks to investors

To boost industrialization in the state, Punjab has created banks of pre cleared land along with the  required power supply, announcing this  Punjab Deputy Chief Minister Mr. Sukhbir Singh Badal at an investors meet said that “Punjab is the only state which is offering pre land banks which are ready to be given for setting up of industries”. He further said that all these lands have all the necessary regulatory clearances like environment and adequate supply of electricity.

Punjab currently has 300 hectares of land bank expected to go up by 2000 hectares. Investors can come to Punjab he added and check for themselves and if they feel they could set up businesses here the Government of Punjab will provide all the help required.

He also reiterated that the state has surplus power supply and recently they have moved from conventional coal based thermal power to more environment friendly solar energy. Investors will be facilitated through Punjab Investors Office and the time taken to get all the required clearances for any project has come down to 38 days, with the target being 30 days in future. 

Mr Badal further elaborated that the “unified regulator” department has been so successful in the one year of its existence that Prime Minister Narendra Modi had sent a team to examine the viability of this system and whether there is a possibility of a India Investment Office for pan India projects.

In the last one this unified regulator has got investments worth 15,000 crores and cleared around 163 projects.

Apart from land banks and surplus power supply, the state government is also offering exemptions to the tune of 90% in value added tax (VAT), also there are provisions made for self-declaration of taxes, the idea being that after a few months there would be no inspector entering any factory premises and the factory owners would be filling the self-declaration forms for various taxes themselves.

Mr Badal also added that to get more land banks to woo investors there should not be any forcible land acquisition from farmers. He further said that he was of the firm belief that any land acquisition, whether for state or central projects, should be a prerogative of the state government and it should be acquired through proper consent of the farmer and should be for public use only. He further pointed out that the Punjab Government model of acquiring land is in everybody’s interest with land owners and farmers getting market price of their lands plus displacement allowance, also the landowners and farmers got plots in authorised colonies under land pooling scheme for acquisition.

At a time when land acquisition has become a politically a hot issue, Punjab State Government with its policy of pre cleared land banks with more than adequate power supply has created valuable real estate for investors to come and invest in Punjab, with the unified regulator being a success there is hope and expectation among real estate developers in Punjab that the growth that they were waiting to see in Punjab will happen sooner than later.