Explanation:

- The passage describes an active and vibrant music scene, specifically in Punjab, with a focus on Mohali.

- It highlights the fast-paced nature of the music industry, where many songs are produced daily.

- The phrase needing a word is referring to the location where the described activities are happening.

Let's look at the options for blank 5:

- Everywhere: This suggests a widespread area, not fitting since the passage focuses on Mohali.

- There: Implies a distant location, which doesn’t match the context of Mohali being the center of action.

- Nowhere: Contradicts the context of a bustling industry.

- Here: Suggests immediacy and relevance to Mohali, the setting of the passage.

Therefore, the best fit is "here."