100 sqyd LOI in Aerotropolis, Mohali

Pocket A Aerotropolis land prices have surged 40.1% over the past 12 months, rising from ₹71,385 per sqyd to the current market rate of ₹100,000 per sqyd, demonstrating strong upward momentum driven by proximity to the Aerotropolis project and improved connectivity. This 100 sqyd LOI listing at ₹120,000 per sqyd is currently trading at a 20% premium over the prevailing market rate of ₹100,000 per sqyd, which presents a significant overvaluation that does not reflect current market dynamics or recent comparable sales. We recommend negotiating firmly to bring the asking price down to ₹100,000-₹105,000 per sqyd range before committing capital, as waiting may not yield material price declines given the strong 12-month appreciation trend, but overpaying at ₹120,000 per sqyd exposes you to downside risk and reduces your exit flexibility if market conditions soften.