💬 About this property
The Airport Road corridor in Mohali has shown flat price momentum over the past 12 months, with market rates holding steady at ₹100,000 per sqyard and recording zero growth since last year, indicating a stabilized but non-appreciating market segment. This 9,680 sqyard plot is listed at ₹113,636 per sqyard, commanding a premium of approximately ₹13,636 per sqyard or roughly 13.6% above current market valuations, which positions it above fair market value despite the stagnant price trajectory. The clear recommendation is to negotiate aggressively, targeting a price closer to ₹96-98 crores to align with prevailing market rates of ₹100,000 per sqyard, as the lack of price growth over 12 months suggests limited upside momentum and makes overpaying a higher risk at the current ask.
Listing details
Type: Residential plot
Size: 9680 sqyd
Location: Chandigarh/Mohali Airport Road, Mohali
Price: ₹110 Cr
Rate: ₹113,636/sqyd
Facing: Corner
Road width: 100 ft
From the dealer's note
Premium location Plot FOR HOTEL. SALE Beautiful — 2 Acre Plot*,100% Hotel Land Approved*. FAR 1.75 Lakh Sq.ft. Can Extend FAR Upto 1.75 Lakh sq.ft. more*. Under Aero City Development*. 3 Side Open, 100 Meter Road, 60 Meter Corner Plot. Demand 110cr payable 3 year TIME. 12 instalment. 100% Hotel Approved Plot. Price 110 CR. 83 Crs is Cheque Value. 27 Crs is B Part. Payment initial amount paid from Rs. 83 crs. Rs. 20.75 Paid Initially and. Remaining + Rs. 27 Cr. = 48 Crs (approx) initial payment. Remaining Rs. 62.25 Crs to be paid in 12 installment over 3 year till 2029 of – Rs. 5.1875 Crs (in.
