3 BHK Flat, 2,660 sqft in PR7, International Airport Road, Mohali

The flat at 2,660 sqft in PR7 near International Airport Road is priced at ₹59 lakhs or ₹2,218 per sqft, but the broader residential market in this corridor has remained flat over the past 12 months, with rates holding steady at ₹100,000 per sqyd with zero appreciation. This stagnation suggests the property is not riding any significant demand wave, meaning a buyer today is paying current market rates without the benefit of recent momentum or price momentum tailwinds. Recommendation: Negotiate firmly on the asking price—the lack of market growth gives you leverage to push for a 5-10% reduction, and if the seller resists, wait for further clarity on whether airport connectivity or other infrastructure catalysts will drive future appreciation.