100 sqyd LOI in Pocket B — Aerotropolis, Mohali

GMADA Aerotropolis Pocket B saw robust appreciation of 44.9% over the past 12 months, climbing from ₹69,000/sqyd to the current market rate of ₹100,000/sqyd, reflecting strong investor confidence and infrastructure momentum in this active pocket. However, this 100 sqyd LOI property is listed at ₹152,000/sqyd—a 52% premium over today's prevailing market rate of ₹100,000/sqyd—which prices it significantly above comparable transactions and does not justify the asking price of ₹1.52 Cr regardless of recent appreciation trends. The clear recommendation is to negotiate aggressively or wait: demand a price aligned with current market reality (₹1 Cr for 100 sqyd at ₹100,000/sqyd) before committing, as the seller appears to be testing the upper limits of the market rather than pricing based on factual comps.