Sector 105 in Mohali offers a bustling and profitable real estate market, serving numerous buyers and investors. Let's explore some important considerations:

Property Types and Pricing

Sector 105 is home to a wide variety of property types, including plots, independent houses, villas, penthouses, and showrooms. Prices vary:

• Plots are priced between ₹1.9 Cr and ₹3.99 Cr.
• Independent houses range from ₹3.5 Cr to ₹8 Cr, complete with big backyards, upgraded bedrooms and bathrooms, and ample parking.
• Villas can cost around ₹3.5 Cr, typically featuring park views and multiple bedrooms and bathrooms.
• Penthouses range from ₹1.4 Cr to ₹2 Cr.
• Showrooms come in from ₹75.25 Lac to ₹1.43 Cr.

Amenities and Infrastructure

Properties here come with luxury amenities and strategic locations. These include:

• Ready-to-move-in homes with immediate possession.
• Clubs, gyms, large parking areas, and lush green parks.
• Proximity to crucial infrastructure like airport roads, schools, and malls, all within a 5 to 10 minutes drive.
• Well-kept common areas, with fees handled by the developers.

Price Trends and Market Conditions

The real estate market in Sector 105 is lively, with notable trends:

• Average prices per square foot range from ₹6,753 to ₹8,914, averaging at ₹7,281 per sqft.
• There's been a noticeable increase in property rates over the years, showcasing a profit-driven market for both buying and selling.

Legal and Regulatory Aspects

When buying a property in Sector 105, Mohali, it’s important to follow all legal steps. This includes:

• Registering the property with the local municipal corporation to avoid fees.
• Paying required stamp duty and registration fees.
• Adhering to property tax guidelines.

Investment and Living Experience

Sector 105, Mohali, mixes affordability, luxury, and ultra-luxury, appealing to diverse populations. The area is well-connected, secure, and features high-quality construction, making it a top choice for both living and investing.

PropertyWala's Verdict

Sector 105 in Mohali stands out as a key location for property buying or renting, offering a range of options for different budgets and preferences. With its superb infrastructure, luxurious amenities, and positive market trends, this area is a prime choice for homeowners and investors alike. Meeting all legal and regulatory needs, potential buyers can look forward to a seamless and rewarding real estate experience in Sector 105, Mohali.