Sector 66, Mohali: A Detailed Overview

Location and Connectivity

Sector 66 in Mohali is right along NH-5, with great access to different city areas. Key connectivity points include the Mohali railway station, Airport Road, Mohali Railway Station Road, and Guru Nanak Road.

Infrastructure and Amenities

The area has medical facilities like Trehan Hospital, Universal Institute & Charitable Hospital, and Chahal Hospital. Plus, it's close to the Mohali IT Park (about 3 km) and other employment hubs, making it popular among working folks. Projects include a new civil hospital under construction and extra water supply planned through Kajauli Waterworks.

Property Rates and Trends

Starting property prices in Sector 66 are around Rs. 6,982 per sqft, with an average of Rs. 10,021 per sqft. The most expensive properties hit up to Rs. 25,839 per sqft. A 1.44% rise in property rates last year suggests a stable market. Property prices have gone up by 54.1% over five years.

Types of Properties

Residential Plots: Come in sizes from 100 sq. yards to large prime plots, often with freehold ownership. Apartments: Ready-to-move units available at Rs. 8,400 per sqft. The 2 BHK setup is the most popular here. Independent Houses/Villas: Offered in various sizes and layouts, including park-facing homes with plenty of parking.

Rental Insights

Apartment rentals range from ₹14,000 to ₹60,000 per month, depending on the layout (1 BHK to 6+ BHK). For builder floors, the rent is between ₹14,000 to ₹24,000 per month. Office spaces also rent from ₹66,000 to ₹75,000 per month.

Pros and Cons

Pros:

• Excellent connectivity to major employers and transportation links.
• High-quality medical facilities and schools.
• Long-term appreciation in property prices.
• A variety of property types on sale and for rent.

Cons:

• Potholes in the internal roads and stray cattle on Airport Road disrupt traffic.
• Concern with rising water bills among residents.

PropertyWala's Summary

Sector 66 in Mohali looks good for buyers and renters because of its strategic location, good connections, and rising property prices. Even with road issues and higher water bills, the area's infrastructure and amenities are appealing. The range of property types, from budget to luxury, meets the needs of many buyers and investors. Thus, Sector 66 is a great choice for those wanting to buy or live in Mohali.