Sector 111 / 112 Mohali. Reason for low rates? - Indian Real Estate Forum

AnkurPune · 12-01-12

Hello friends,

I saw a few adverts for plots in sector 111 / 112 Mohali at about 12K per sq yard.

It seems to be quite low considering that the area is not very far off from Chandigarh.

What are the reasons for such low price there? I read at a few places that there is some open drain causing stench at that place and that a railway line is passing just next to the plots. Is that the reason for the low prices?

Regards
Ankur

hsmohali · 29-01-12

I have a suggestion

Consider Sec 115 than 112 as this is far more better in terms of development and the wide roads.

There are some great projects in Sec 115 where you can get 500 sq yds plots in 12500 per sq yd

Good luck

AnkurPune · 29-01-12

Quote:

Originally Posted by hsmohali

I have a suggestion

Consider Sec 115 than 112 as this is far more better in terms of development and the wide roads.

There are some great projects in Sec 115 where you can get 500 sq yds plots in 12500 per sq yd

Good luck

Hi,

Thanks for the info.
What are the options for 12500?
And details like possession date etc?

hsmohali · 29-01-12

I checked out the plots available in Divine World Sec 115 Mohali, they are offering the same at 12500

Hope you can get your deal at the same price

I last checked with them about 1 month back

Good Luck

AnkurPune · 30-01-12

Quote:

Originally Posted by hsmohali

I checked out the plots available in Divine World Sec 115 Mohali, they are offering the same at 12500

Hope you can get your deal at the same price

I last checked with them about 1 month back

Good Luck

Thanks.

Could you please pm me the details of someone whom I can contact?

Regards

hsmohali · 30-01-12

I asked these guys

Amanpreet Singh

9463962260

Quote:

Originally Posted by AnkurPune

Thanks.

Could you please pm me the details of someone whom I can contact?

Regards

monta_k · 30-01-12

any views on world 1 mohali at sec 115? any idea of current rates for the project?
cheers

hsmohali · 30-01-12

Ya world 1 is just next to Divine world, but I checked with Divine world guys about the licenses etc. they look clean, world 1 i have no idea

AnkurPune · 31-01-12

Quote:

Originally Posted by hsmohali

Ya world 1 is just next to Divine world, but I checked with Divine world guys about the licenses etc. they look clean, world 1 i have no idea

Hello friends,

I have a few queries if someone can help.

Location of Divine world looks good. However it does not fall under Gmada, rather it falls under Kharar i.e. it is not a part of Sector 115 Mohali but behind it.

1) What difference would it make? Would it be preferable to get a plot which is a part of Gmada sectors. How would the power / sewerage / water compare. I know they would not have rules like minimum 40 feet wide roads etc.

2) The area with them currently is 15 Acres. I know that Gmada rules stipulate a minimum of 25 acres but I guess that does not apply to Kharar plots.

3) How would the scope of appreciation be in Kharar as compared to Gmada.

hsmohali · 31-01-12

There are some decent projects in Sec 117 as well. You could check out those as well. The prices seem to be low and this is closer to Mohali as well

12-01-12	#1
AnkurPune Member Join Date: Jul 2010 Posts: 302 Thanks: 18 Thanked 31 Times in 21 Posts	Sector 111 / 112 Mohali. Reason for low rates? Hello friends, I saw a few adverts for plots in sector 111 / 112 Mohali at about 12K per sq yard. It seems to be quite low considering that the area is not very far off from Chandigarh. What are the reasons for such low price there? I read at a few places that there is some open drain causing stench at that place and that a railway line is passing just next to the plots. Is that the reason for the low prices? Regards Ankur

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29-01-12	#2
hsmohali New Member Join Date: Jan 2012 Location: Mohali Posts: 17 My Mood: Thanks: 1 Thanked 1 Time in 1 Post	I have a suggestion Consider Sec 115 than 112 as this is far more better in terms of development and the wide roads. There are some great projects in Sec 115 where you can get 500 sq yds plots in 12500 per sq yd Good luck

30-01-12	#7
monta_k New Member Join Date: Nov 2009 Posts: 39 Thanks: 3 Thanked 0 Times in 0 Posts	any views on world 1 mohali at sec 115? any idea of current rates for the project? cheers

31-01-12	#10
hsmohali New Member Join Date: Jan 2012 Location: Mohali Posts: 17 My Mood: Thanks: 1 Thanked 1 Time in 1 Post	There are some decent projects in Sec 117 as well. You could check out those as well. The prices seem to be low and this is closer to Mohali as well