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IREF® - Indian Real Estate Forum > Real Estate in India > More Cities/States > Real Estate Mohali > Emaar MGF Mohali Hills Sector 109
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Old May 20 2013, 06:27 PM   #1
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Default Emaar MGF Mohali Hills Sector 109

Dear Members

I'm a newbie to this forum and looking for property for fulfilling residential needs of my family. Please guide me from your invaluable experience and expertise if it is advisable to buy a plot in Sector 109 Mohali. Emaar MFG told told that metro will ply Upto sector 105. Is that true? What is the expected time of the inhabitation in the GMADA sectors of Khard Landra highway. How would the place be from the point of view to construct house? Is the property rate Rs. 21000 are reasonable? What would be anticipated time for the Chandigarh Metro ply to the aforementioned sectors as till date the area between kharad landra road and Sector 78,79 don't have even proper motorable roads and GMADAs claims to prove connectivity to Chandigarh via 8 roads are still a far cry.

What would be the expected time taken by the GMADA to build the infrastructure? will the commencement of Mohali Airport in 2015 will bring momentum to the real estate in the concerned belt?

Also more importantly one should go fro buying a plot or invest in flat. Mine is a transferable job and how secure would it be plot in sector 109 from encroachments.

A prompt response in this regard is highly appreciated.

 
Old May 21 2013, 04:46 PM   #2
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Dear khvndr007,
if you have horizon of atleast 3 years, then you should invest in sector 109. As per my observation this sector is going to be one of the best sector in near future. currently its trading below it actual value. I am dealing with some other companies also and if i compare the rates, Plot 20000 in Emaar is a very good investment. members on forum may have different view because of past record of Emaar, But i see a big opportunity here. this year they are focusing on the delivery of project. there is no other golf course in this part of mohali, As per my view, go for mohali hills, in a Society the chances of encroachment are almost nil. now coming to Metro, yah metro is proposed till sector 105, but at this stage its far from reality. 5 years is the time you have to give to this area to be developed fully.
Thanks
Ravi
 
Old May 21 2013, 06:49 PM   #3
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Hi,
I think company booking at 15000 rs.
Time horizon will be 7 yrs for proper development .
 
Old May 22 2013, 04:41 PM   #4
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No definite ji, rates start from 20000 in fresh booking. also one more thing, Company is selling few flats in Views @Rs 3750/- sq ft. customer has to pay 20% and rest on posession. these are available in already under construction property. it is avery good option for investment and for end user also. they released only 20 in number.

Thanks
Ravi
 
Old May 22 2013, 05:31 PM   #5
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Quote:
Originally Posted by ravirocks View Post
No definite ji, rates start from 20000 in fresh booking. also one more thing, Company is selling few flats in Views @Rs 3750/- sq ft. customer has to pay 20% and rest on posession. these are available in already under construction property. it is avery good option for investment and for end user also. they released only 20 in number.

Thanks
Ravi
I had heard company is not able to sell plots at even rs 15000.
Here is the dealers.
Add who is selling at 15000... Ask for discount too. He will offer.

Plots at Emaar MGF Mohali Hills Sector-105 ,108 ,109 ,Mohali - Chandigarh - Land - Plots For Sale - IT PARKS FOR SALE IN INDIA
 
Old May 22 2013, 06:49 PM   #6
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I think he is offering the plots available in resale market at Rs 15000.
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Old May 22 2013, 06:55 PM   #7
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Starting rs. 15,000/- Per sqyd.

Booking amount inr 5 lacs only.

Price of plots mohali (Emaar mgf):
Sector 99 mohali plot prices:
Bsp: 25,000/- Per sqyd
Edc: 1,811/- Per sqyd
Plc: 12.5% on bsp

Sector 104 mohali plot prices:
Bsp: 20,000/- Per sqyd
Edc: 1,811/- Per sqyd
Plc: 12.5% on bsp

Sector 105 mohali plot prices:
Bsp: 25,000/- Per sqyd
Edc: 1,811/- Per sqyd
Plc: 12.5% on bsp

Sector 109 mohali plot prices:
Bsp: 20,000/- Per sqyd
Edc: 1,811/- Per sqyd
Plc: 12.5% on bsp

 
Old May 23 2013, 12:24 AM   #8
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Quote:
Originally Posted by Gaurav1987 View Post
Starting rs. 15,000/- Per sqyd.

Booking amount inr 5 lacs only.

Price of plots mohali (Emaar mgf):
Sector 99 mohali plot prices:
Bsp: 25,000/- Per sqyd
Edc: 1,811/- Per sqyd
Plc: 12.5% on bsp

Sector 104 mohali plot prices:
Bsp: 20,000/- Per sqyd
Edc: 1,811/- Per sqyd
Plc: 12.5% on bsp

Sector 105 mohali plot prices:
Bsp: 25,000/- Per sqyd
Edc: 1,811/- Per sqyd
Plc: 12.5% on bsp

Sector 109 mohali plot prices:
Bsp: 20,000/- Per sqyd
Edc: 1,811/- Per sqyd
Plc: 12.5% on bsp


Fake prices
 
Old May 23 2013, 12:25 AM   #9
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Quote:
Originally Posted by Gaurav1987 View Post
I think he is offering the plots available in resale market at Rs 15000.
Bro 15k is company price
 
Old May 23 2013, 02:30 AM   #10
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I'll confirm it for you mate next week as i am due to give them a visit.
 
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