Budget Properties in Mohali for Less Than Rs 50 Lakhs

The Property Show on NDTV  |  August 22, 2016

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Here are The Property Show's recommendations

  • The recommended locations are SAS Nagar and Kharar Banur Road in Mohali.
  • Both are mid-segment markets with a weighted average price of Rs 4,000 and 3,000 per sq ft each.
  • There are 1,290 apartments in SAS Nagar and 2,170 apartments in Kharar Banur Road.
  • The annualised returns of SAS Nagar and Kharar Banur Road are 5.3% and 6% respectively. 

Recommended Project 1

Project Name Sandwoods Opulencia
Developer Name Sandwoods Infratech
Location Sector 110
Price (Rs/ sq ft) 3,300
Total Units 430
Unit Size 2BHK: 1,325 sq ft
Completion Date 2017
Availability Developer

The project is spread over 6.5 acres and has 7 towers of Ground+10/+12/+22 floors. It is located on Kharar Banur Road, near the Chandigarh Group of Colleges. Home loans are available from 18 financial institutions including SBI.

 

Recommended Project 2

Project Name Galaxy Heights
Developer Name Janta Land Promoters
Location Sector 66A
Price (Rs/ sq ft) 3,876
Total Units 410
Unit Size 2BHK: 1,050 sq ft
Completion Date 2018
Availability Developer

The project has 6 blocks with Ground +16 floors. It is located in close proximity to the railway station and airport. Home loans are available with PnB, Central Bank of India and Syndicate Bank among others.

 

Recommended Project 3

Project Name Wave Residency
Developer Name Wave Infratech
Location Sector 99
Price (Rs/ sq ft) 4030
Total Units 150
Unit Size 2BHK: 1,177 sq ft
Completion Date 2018
Availability Developer

The project is a part of 300 acres integrated township called 'Wave Estate" which contains plots, villas, independent floors and commercial projects. It consists of 4 towers with Ground +13 floors. Home loans are available from ICICI, HDFC, Axis , Indiabulls and PnB among others.

 

Price Trends

Janta Land PromotersKharar Banur RoadMohaliSandwoods InfratechSAS NagarWave Infratech

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