Overview of Sector 106, Mohali

Location and Connectivity

Sector 106 in Mohali is located in a strategic spot, offering superb connectivity to key areas. It is near famous landmarks including the Chandigarh Airport, CP 67 Mall, Fortis Hospital, and several educational institutions. The sector sits on broad roads for easy access and commuting.

Property Types and Prices

• Residential Plots: Available in various sizes, from 2700 sq. ft. to 4500 sq. ft., priced broadly between ₹1.25 Cr to ₹2.70 Cr. Many plots offer gardens/parks views and face main roads.
• Independent Houses: These fall under projects like Emaar Mohali Hills, with configurations going up to 5 BHK, priced between ₹61 Lac to ₹2.30 Cr.

Amenities and Facilities

• Gated Communities: Numerous plots and houses belong to gated, well-developed societies, ensuring security and amenities such as parks and gardens.
• Infrastructure: The sector boasts good infrastructure with wide roads (up to 100m), close proximity to schools, hospitals, shopping complexes, and other essential services.
• Educational Institutions: Close to well-known schools and universities, like those found in the Gmada IT City area.

Construction and Building Norms

• Floors Allowed: Most residential plots permit building up to 3 floors, offering ample space for a comfortable home.
• Road Facing: Many plots have unobstructed views of main roads, improving their value and accessibility.

Investment and Rental Potential

• Investment Value: This sector is highly considered an investment opportunity due to its prime location, excellent connectivity, and amenities presence. It appeals to end-users and investors alike.
• Rental Options: Though mainly focused on property buying, some rental options are available in neighboring sectors, less common in Sector 106 itself.

PropertyWala's Conclusion

Sector 106 in Mohali stands out for real estate buys and investments. Its strategic location, well-developed infrastructure, and variety of plot sizes and prices meet different needs. Amenities like parks and good connectivity, along with closeness to crucial services, make it attractive for both residential and investment purposes. Yet, it's wise for potential buyers to be aware of the varying prices and negotiate for the best value.