Silver Lining in the Real Estate Sector

Business environment in India has transformed a lot, when we look from different angles. Since independence, we have been witnessing slow, but steady change in commercial activities. License Raj during 1960’s and 70’s acted as a closed door for many business enterprises to flourish. The later day government policies, which relaxed many of the strict provisions, opened an avenue for more trade and dealings. This has shifted traditional family-oriented and family owned businesses to professionally managed ones.

Mona Greens, Zirakpur

 This scenario has added many more features into the business world. As corporate operation has entered into commercial space, growing needs for managing multiple projects across cities came forward, thereby giving rise to the requirement of proper offices, unlike old times. Almost everybody is well-educated today, with handsome degrees in hand, and hence they need a working environment that, they feel, could make them comfortable to carry out their professional activities, for getting better output. At this juncture, the entry of real estate companies speak volumes about their importance.

Today, real estate is one of the most globally recognized sectors. In India, it is the second largest employer after agriculture, and is expected to grow at a pace of 30 percent by next decade. As the growth of corporate environment is widening, the need for office space, urban and semi-urban accommodations are escalating, and hence, real estate has spread its wings in all directions. It has four sub sectors like housing, retail, hospitality and commercial. It is estimated that housing sector alone contributes 5-6 percent to the country’s GDP.

Mona Greens II Front View

 For all these, government initiatives also played its part to give it a momentum. Under Sardar Patel Housing Mission, the government envisages to assure housing for all by 2022. Other initiatives include relaxation of Foreign Direct Investment (FDI) norms to the sector, which gave an impetus for foreign investors to park their money in business enterprises in India. The Securities and Exchange board of India (SEBI) has notified final regulations that will govern real estate investment trusts and infrastructure investment trusts. Moreover, many state governments have taken necessary steps and measures to bring transparency and increase ease of doing business in real estate sector.

Taking all these into consideration, many real estate companies like MonaTownships, to be pointed to the top, are utilizing the facilities in the right way. As the business friendly measures announced by the present government are inviting more and more NRIs and other foreign investors in doing business here in India, it needs proper infrastructure for setting up offices for the same. In this circle, Chandigarh and its adjacent cities like Mohali and Zirakpur have started witnessing the benefits. The commercial project of Mona Townships, Jade Business Park, and its residential project, Mona Greens are doing their part to fulfil the needs of its clients and customers. When most of the offices are clustered in cities, the working crowd too prefers to shift within the orbit of official enclave. This gave rise to the need of more and more residential projects.

Thus, the present scenario prevailing in the country is favorable for real estate business. This gives rise to the opportunity of reaping maximum benefits.

Why Invest in Commercial Properties?

These days, investing in property has become highly profitable, be it residential or commercial. It is a general view that investing in commercial property is more profitable than residential. Even after the real estate scenario has become a bit worrisome, investing in commercial properties has been perceived as a positive move, as more of commercial activities are taking place these days.

Jade Business Park, Mohali

Commercial property is defined as property that is meant particularly for business purposes, which includes retail buildings, office parks, restaurants, warehouses etc. The investor usually possesses the building and collects rent from the business that operates there.

Profits of Commercial Property

(1) Earning potential is higher here. As the income that is generated by the commercial property is related to its usable square footage, it is valued differently, unlike residential real estate.

(2) Cash flow is generally higher per square foot and on an initial investment.

(3) The leases are often much longer compared to residential property.

(4) Banks value commercial property differently. Usually, a down payment of 30 percent or more is required here.

(5) The landlord and tenant have more of a business to business customer relationship, which helps in keeping interactions professional and respectful, as the property is treated purely on business terms.

(6) As the retail tenants try to impress the customers by maintaining the store or office space whereas the owner maintains and improves the quality of the property. This will, eventually, increase the value of their investment.

(7) Unlike residential properties, where the tenant calls the landlord at any time either for some repair or something else, the owners of a commercial property do not have to attend late night calls from the tenant, as the business usually operated for a limited time.

Investment in Property

Even with these advantages, there are greater risks attached to commercial properties, when it comes to the damages that can happen to it as there would be regular visitors and customers. Moreover, for acquiring a commercial property, the initial investment is large, compared to the residential real estate. Nevertheless, it is more beneficial to invest in this sector, when we consider the higher financial reward.

Jade Business Park, Bird View

At this time, the first commercial project in Mohali, JadeBusiness Park- J90- by Mona Townships offers you space to boost your business and investment. It consists of 13-storeyed office suites with ultra-modern exterior façade and 70 percent open area, well-lit and ventilated corridors, lavish entrance lounge etc. It has been viewed as an ideal location designed to convey your business image to the clients and to guarantee the wellbeing of the people and enhance productivity. Visit us at  for more information.

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.