💬 About this property
The Pocket A Aerotropolis market has demonstrated strong momentum with prices climbing 36.6% over the past 12 months, rising from ₹73,201 per sqyd to the current market rate of ₹100,000 per sqyd, indicating sustained investor confidence in this GMADA-active zone. This 300 sqyd LOI property listed at ₹1.25 Cr translates to ₹41,667 per sqyd, positioning it at a 58.3% discount to prevailing market rates and suggesting either motivated seller circumstances, documentation stage issues, or pricing that does not reflect current comparable sales. The recommendation is to negotiate aggressively while conducting thorough LOI verification with GMADA and title due diligence, as the steep discount warrants caution, but if documentation is sound and timelines acceptable, this represents a genuine acquisition opportunity below market in a zone showing strong 12-month appreciation trajectory.
Listing details
Type: LOI (Letter of Intent)
Size: 300 sqyd
Location: Pocket A, Aerotropolis · Aerotropolis, Mohali
Price: ₹1.25 Cr
Listed by: New Royal Real Estates
From the dealer's note
AEROTROPOLIS,BLOCK A,MOHALI*. LOI 300Sq Yard* cheque 1.25*. New Royal Real Estates,Plot No 284, Eco City 2, New Chandigarh.*.