Goa Villas are located in
the heart of Shivalik City, a township located in sector 127 of Mohali
Mohali ISBT - 10 minutes
Mohali Airport - 20 minutes
Fortis Hospital - 12 minutes
Chandigarh - 15 minutes
Goa Villas -
The economy of India is the eleventh largest economy in the world by
nominal GDP ($1.4 trillion) and the fourth largest by purchasing power
parity ($3.9 billion). India has established itself as the world's
second-fastest growing major economy. While the world was suffering
under recession, India's GDP grew at the rate of 6.1% in 2009.
The Indian real estate sector plays a significant role in the
country's economy. Almost 5% of the country's GDP is contributed to by
the housing sector. In the next five years, this contribution to the
GDP is expected to rise to 6%. According to Jones Lang LaSalle, faster
economic growth would result in the property markets recovering at a
faster rate than the UK and US real estate markets.
Almost 80 per cent of real estate developed in India is residential
space, the rest comprises of offices, shopping malls, hotels and
hospitals. According to the Tenth Five Year Plan, there is a shortage
22.4 million dwelling units.
Thus, over the next 10 to 15 years, 80 to 90 million housing dwelling
units will have to be constructed.
Mohali : Mohali is located to the West of Chandigarh, the Capital of Punjab.
Mohali has been put on the road to planned development by the Punjab
government agreement with Jurong International Private Ltd (a
Singapore government-owned company) that has prepared the regional
development plan and the master plans of the areas and towns situated
within the jurisdiction of GMADA (Greater Mohali Area Development
With development planned for the next 25 years, the master plan
expects Mohali to set the benchmark for other towns in the country. It
would be developed as the preferred destination for business and civic
and cultural activities. A range of open spaces like
golf courses, country clubs, sports complexes and parks find space in
the master plan. Also, an efficient road network has been planned for
good accessibility to the airport, railway station and adjoining