Overview of Sector 55, Chandigarh

Sector 55, although it’s often linked to Mohali rather than Chandigarh city itself, is a vital part of the Chandigarh Tricity area. We’ll dive into the real estate highlights here.

Location and Accessibility

• Sector 55 resides in Mohali, yet it’s near Chandigarh city and other key spots like Panchkula.
• This area boasts strong links to major roads, airports, and other prominent locales in Tricity.

Property Types

• Residential Properties: Options span flats, builder floors, standalone houses, and villas. We see 2 BHK, 3 BHK, and 4 BHK apartments and homes, catering to different family sizes.
• Commercial Properties: Offices, shops, and other commercial units are available for buying and leasing.

Pricing and Affordability

• The minimum price stands at around Rs. 2,012 per sqft, averaging at Rs. 20,448 per sqft. This range suits both budget buyers and luxury seekers.
• Examples include a Rs. 1.55 Cr 3 BHK home in Phase 1, and 2 BHK flats priced around Rs. 76 lakhs.

Amenities and Infrastructure

• Educational Institutions: Proximity to schools and educational places like Roots Academy.
• Healthcare: Access to hospitals such as Indus Super Speciality Hospital.
• Other Amenities: Parks, broad roads, and essential facilities make it a great place to live.

Rental Options

• Renters can choose from various furnished and semi-furnished options, including builder floors and apartments. Prices vary, with a 2 BHK builder floor costing roughly ₹15,000 monthly.

Market Trends

• Current market trends show property buying and selling in Sector 55 can be rewarding. The area experiences stable and rising property prices, making it a smart investment choice.

PropertyWala's Conclusion

Sector 55 in Mohali offers appealing prospects for buyers and renters. It’s both convenient and well-developed, with lots of property options to meet various demands. Whether you’re hunting for a cozy home or a solid investment, Sector 55 stands out in the Chandigarh Tricity real estate market. With its mix of affordability and amenities, it keeps being a top pick.