Over the last few years, Mohali’s real estate market has been on fire. With its prime location near Chandigarh, growing IT sector, and modern infrastructure, the city has become a magnet for homebuyers and investors alike. From luxury apartments in premium sectors to stylish villas in Aerocity, the demand for property is at an all-time high — and so are the prices.
But beneath this glowing success story lies a harsh truth: the middle-class dream of owning a home in Mohali is slowly fading away.
The Growing Gap
Not long ago, a salaried professional could realistically plan to buy a home in Mohali. Today, the average middle-income family finds themselves priced out of the market. Rising land costs, limited availability of affordable housing, and developers focusing heavily on premium projects have created a huge affordability gap.
Even a decent 3BHK apartment in Mohali in a good location now demands a price tag far beyond what the average middle-class buyer can manage. Add to that the large down payment requirements, and the dream slips even further away.
Impact on the Middleman
This surge in prices isn’t just hurting buyers — it’s affecting property brokers and middlemen too. In earlier years, agents could help clients find homes in their budget and earn fair commissions. Now, with budget-friendly options dwindling, deals are harder to close, and both the buyer and broker lose out.
How Builders Can Change the Game
While high-end projects have their own market, the middle-income group remains Mohali’s largest customer base. Ignoring them is a missed opportunity for sustained growth. Builders can bridge this gap by:
- Launching affordable housing projects in well-connected areas.
- Offering installment-linked payment plans instead of huge lump-sum demands.
- Designing homes that are functional, compact, and value-driven without compromising on quality.
This approach can make property in Mohali accessible again, increase sales volume, and build long-term trust between developers and buyers.
The Case for Installment-Based Housing
Installment plans — where buyers pay smaller, regular amounts over time — can bring the dream of homeownership back within reach. This model reduces financial stress, allows families to plan their finances better, and makes investing in Mohali property less intimidating.
An Inclusive Future
If Mohali’s property market is to thrive sustainably, it needs to serve all sections of society. By balancing luxury projects with affordable, flexible payment options, builders can ensure that every family, regardless of income, has a chance to call Mohali home.
If you’re ready to explore options — from budget-friendly flats to premium villas — connect with Akshansh Estates, your trusted real estate partner in Mohali.
