Real Estate Overview of Phase 9, Mohali

Phase 9, Sector 63 in Mohali, often mistaken as part of Chandigarh, is a very desirable place for both buyers and renters. It’s well-located with fantastic connectivity and great amenities.

Connectivity: Phase 9 connects tightly with Chandigarh, making nearby places like Chandigarh ISBT and Sector 43 merely 4 km away. It’s also nicely linked to other areas in Mohali, like Phases 7, 10, and 11. Plus, there are direct routes from places such as Zirakpur, Kharar, and Chandigarh.

Amenities: The area has many helpful amenities. It includes excellent hospitals like Fortis Hospital, as well as significant educational institutions. The PCA Stadium and PCA Club are popular, and there are shopping malls, internal markets, and parks, one with jogging tracks for jogging and play areas for kids.

Property Options: When it comes to properties, Phase 9 has a lot of choices. Buyers can find houses, multistorey apartments, residential plots, and commercial properties. The 3 BHK setup usually tops the list, making up around 40% of what’s for sale. Prices vary widely too, from ₹9.40 lakhs for smaller apartments to ₹3.10 crores for fancier places.

Rental Market: Those looking to rent in Phase 9 can opt for houses, builder floor apartments, or commercial showrooms. Renting costs range from ₹25,000 to ₹47,000 every month, with 3 BHK configurations dominating most listings. Many of these rentals come fully furnished and include modern conveniences.

Price Trends: Property prices average around ₹10,708 per sq ft, starting as low as ₹9,333 per sq ft. It’s clear that this is a stable, potentially growing market. This makes it a good time to invest.

PropertyWala’s Summary

Phase 9, Sector 63 in Mohali stands out as a prime option for both buyers and renters. Its prime location, excellent connectivity, and myriad amenities make it a top choice. The mix of residential and commercial real estate, along with its well-prepared infrastructure and proximity to major facilities, makes it perfect for anyone looking to invest in or live in a comfortable and convenient setting. From a luxury home to a practical rent, Phase 9 has something that matches many different preferences and budgets.