500 sqyd Plot in Sector 82, Block B, Airport Road, Mohali

Sector 82 Block B Airport Road has shown minimal appreciation of just 0.5% over the past 12 months, moving from ₹99,500 per square yard to the current market rate of ₹100,000 per square yard, indicating a stagnant market with virtually no momentum. The listed property at ₹180,000 per square yard is significantly overpriced at nearly 80% above the prevailing market rate of ₹100,000 per square yard, suggesting either an outdated asking price or misaligned seller expectations that bear no relation to current transaction values. A buyer should negotiate aggressively to align the price with the market rate of ₹100,000 per square yard (approximately ₹5 crore for this 500 sqyd plot) or wait for either a price correction from the seller or further clarity on what justifies the premium, as the extremely slow market growth does not support paying such a substantial premium.