Mohali, a lively city in the heart of Punjab, is quickly rising as a real estate investment magnet. Due to its strategic position, well-planned infrastructure, and great accessibility to adjacent cities, it is a fantastic choice for both investors and homeowners.

Whether you’re interested in purchasing plots, land, or residential properties, we’ve got you covered with valuable insights on plot rate in Mohali, Mohali land rates, property tax rate in Mohali, property rates in Aerocity Mohali, property rates in Mohali plots, property rates in Sector 116 Mohali, and the Mohali property price trend.

Plot rate in Mohali

Investing in plots is a popular choice for those looking to build their dream home or make a long-term investment. The plot rates in Mohali vary depending on the location and size of the land. Areas like Sector 88, command premium rates due to their proximity to commercial hubs and essential amenities. The property rates for plots in Mohali are determined by factors like location, infrastructure, and amenities. On average, you can find plot rates ranging from Rs. 7,389 per sqft.

Mohali land rates

The land rates in Mohali are influenced by factors such as location, infrastructure development, and demand. To get an accurate idea of land rates in Mohali, you should consider consulting with local real estate agents or checking online listings. As of 2023, the average land rate in Mohali ranges from INR 30,000 to INR 70,000 per square yard.

Property tax rate in Mohali

Understanding the Mohali property tax rate is critical for property owners since it is a continuous expenditure. Property tax rates in Mohali are set by the Municipal Corporation and might vary depending on the kind, size, and location of the property. In general, the yearly property tax rate in Mohali is 5% of the entire cost, with a 0.5 percent tax levied on the annual cost.

Property rates in Aerocity Mohali

Aerocity, one of Mohali’s most desirable neighbourhoods, is seeing an increase in property prices. Because of its strategic position near the international airport and key corporate hubs, this neighbourhood has become a popular alternative for real estate investment. Aerocity Mohali property rates begin at 6,300/- per square foot as of 2023.

Property rates in Sector 116, Mohali

Mohali’s Sector 116 is another popular residential location. Property prices in this sector might vary based on the kind of property, amenities, and market circumstances. Property prices in Sector 116 Mohali begin at Rs. 7,222 per sqft in 2023.

Mohali property price trend

To make informed decisions, it’s crucial to stay updated on the property price trends in Mohali. Over the past few years, the real estate market in Mohali has shown consistent growth. This positive trend is attributed to the city’s infrastructure development and increasing demand for properties. It’s recommended to consult with local real estate experts and monitor market reports to understand the current price trend accurately.

Investing in Mohali’s real estate market can be a lucrative opportunity for individuals seeking to capitalise on its growth potential. Whether you’re interested in purchasing plots, land, or residential properties, understanding the property rates, tax implications, and price trends is essential.

Stay informed, consult with Cee Dee Group – the real estate professionals, and make well-informed decisions to secure your investment in this rapidly developing city. Mohali’s property rates continue to evolve, so it’s a dynamic market worth exploring. Connect with us today!