Overview of Bhago Majra, Mohali

Location and Accessibility

Bhago Majra falls within the Mohali city, which lies in the Punjab region of India. Being part of the larger Sahibzada Ajit Singh Nagar district, it benefits from swift urban development and excellent connectivity to major cities.

Property Prices and Trends

• The average cost of properties in Bhago Majra is Rs. 5,935 per square foot, showing a 21.39% year-on-year increase.
• The prices vary from Rs. 777 to Rs. 11,034 per square foot, showcasing both budget-friendly and upscale options.
• Recent property rate trends highlight a notable rise, implying a good window to buy or sell in this area.

Property Types on Offer

• Standalone houses: Various configurations, including 3 BHK units, start at around ₹63.9 lakhs for a 774 square foot home.
• Flats/Apartments: Including 3 BHK flats that can be rented or purchased.
• Residential plots: Available from ₹68 lakhs to ₹1.6 crores for land, with variable pricing per square foot.

Rental Prices

• Monthly rental costs vary from ₹6,333 for a 1,500 square foot property to ₹13,000 for a 1,250 square foot unit.

Facilities and Infrastructure

Despite limited specifics on local amenities, Mohali in general, hosts advanced facilities such as schools, hospitals, shopping centers, and excellent transportation.

PropertyWala's Final Thoughts

In the real estate scene, Bhago Majra in Mohali shows promising growth. Climbing property prices and yearly hikes signal potential for investors. End-users find diverse property types to suit any budget. However, it’s key to watch market trends and consider current and future infrastructure plans locally before making any property moves. High demand and positive market signals mark Bhago Majra as a potentially smart choice for anyone looking to buy or rent property in the area.