Overview of Sector 114, Mohali

Location and Connectivity

In Mohali, Sector 114 sits in the Sahibzada Ajit Singh Nagar area famous for great connectivity and smart infrastructure. This area is near important places and you will find it easy to get to all sorts of nearby amenities.

Property Types and Availability

You can find different types of properties in Sector 114:

• Apartments/Flats: With 2 BHK and 3 BHK options; sizes range from 820 to 1900 sq. ft.
• Independent Houses/Villas: There are 3 BHK villas roughly around 1116 sq. ft.
• Residential Plots: Available in various sizes between 160 and 800 sq. ft.

Property Rates

Property prices vary in Sector 114, Mohali, depending on the type and size:

• Starting Price: Around Rs. 722 per sq. ft.
• Average Price: About Rs. 4,191 per sq. ft.
• Price Range: Ranges from Rs. 1,750 to Rs. 14,222 per sq. ft.
• Example Prices:
  • A well-designed 3 BHK flat can be found for Rs. 35.90 Lac.
  • Prices of independent houses or villas start from Rs. 1.05 crore, including extra amenities.

Price Trends

The property market trends have had some ups and downs:

• Year-over-Year Growth: There’s been a 21.36% drop in property rates in the past year.
• Current Market: Despite this drop, it’s believed that buying or selling in this sector can still be profitable because prices have become more affordable.

Amenities and Infrastructure

Sector 114 has many conveniences, like:

• Maintenance Staff: Available in most residential projects.
• Wellness Features: Wellness options are available in some properties.
• Good Connectivity: Easy access to nearby areas and major hubs.

PropertyWala's Conclusion

Sector 114, Mohali, has a great real estate market with lots of options. It offers competitive prices and is well-connected. Recent rates may have dropped, but it’s still a good place for investment. Apartments and luxury villas are both available, making it a good pick for anyone looking to invest or rent in real estate. Always check the latest trends before making a choice.