Overview of Sector 65, Mohali

Located near Chandigarh, India, Sector 65 in Mohali is a notable and prosperous residential area. Here's an inside look at the locale through the lens of real estate.

Location and Accessibility

• Sector 65 is in Mohali, right near Chandigarh. Because it’s so near, it's a top choice owing to its ease of access to major urban amenities and infrastructure.

Property Types

• You'll find different types of properties in the area, including:
  • Apartments
  • Independent houses
  • Builder floors
  • Residential plots and land
  • Some commercial properties, such as shops and office spaces.

Price Trends

• Flat prices in Sector 65 range from ₹9,750 to ₹11,050 per square foot.
• Builder Floor prices are from ₹10,250 per square foot.
• The average price here can be around ₹6,551 per sq-ft, with 3 BHK units for ₹1.65 Cr to ₹3.50 Cr.

Rental Income

• Sector 65 isn't big for rental income. Nevertheless, it offers many rental alternatives like furnished apartments, PGs, and office spaces. Rental prices vary according to property type and condition.

Amenities and Facilities

• Properties in Sector 65 offer amenities like:
  • Parking spaces
  • Security services
  • Water supply
  • Backup electricity
  • Recreation options like parks, gyms, and swimming pools.

Factors Influencing Property Rates

• Property rates are affected by several factors in Sector 65:
  • Nearness to amenities
  • Infrastructure development
  • Demand and supply dynamics
  • Economic growth
  • Overall real estate market conditions.

Neighbourhood Insights

• The region is popular for its quality of life and ease of access, making it a favorable choice for both residents and investors.
• Nearby neighborhoods like Sector 64 and Sector 66 also offer similar lifestyles and amenities.

PropertyWala's Conclusion

Investing or living in Sector 65, Mohali is a favorable option due to its prime location, varied properties, and modern amenities. Though it might not lead to the highest rental returns compared to nearby places, this area shows promise for growth. Think carefully about factors like property condition, legal clearances, and future resale value. With smart planning and expert advice, Sector 65 can be a great pick for anyone aiming to reside in or invest in a developed and affluent area.