Overview of Sector 69, Mohali

Location and Connectivity

Sector 69 in Mohali offers a prime location, providing great connectivity to key places. It lies near the international airport road, Amity International School, Sohana Sahib Gurudwara, CP-67 shopping mall, and market, along with sports complex and large parks.

Property Types

Sector 69 features a wide variety of property types, such as:

• Villas: Large villas with plenty of bedrooms, bathrooms, and amenities like dedicated parking spots.
• Independent Houses: Big, maintained homes with areas such as lobbies, drawing rooms, kitchens, and spacious verandahs.
• Builder Floors: Properties priced between Rs 5,550 per square foot.
• Residential Plots: Plots of various sizes, like 250 sq yards (10 marla) and 1 kanal (500 sq yards), some of which are partly built.

Property Prices

For Buying

• Land Rates: Ranging from Rs 12,500 to Rs 17,150 per square foot, with big price increases in recent years (e.g., 33.5% in the last 1 year, 93.5% in the last 5 years).
• Average Price per Sqft: Around Rs 18,602 for properties, starting at Rs 13,541, and the highest up to Rs 26,666 per sq ft.

For Renting

• Villas: Monthly rent between ₹40,000 to ₹75,000.
• Builder Floors: Rent from ₹29,000 to ₹65,000 per month.
• Independent Houses: Up to Rs 3 lakhs per month for a 3 BHK house.

Price Trends

The property market in Sector 69, Mohali, has seen huge growth:

• Land rates increased by 33.5% in the last year, 93.5% in the last 5 years.
• Current trends show a profitable outlook for buying and selling properties in this area.

Amenities and Infrastructure

The locality has all necessary amenities:

• Nearby schools, hospitals, shopping malls, and sports complexes.
• Good connectivity to major roads and airport.
• Presence of large parks and green spaces.

Rental Income Potential

While not the top sectors for rental income in Mohali, the prime location and amenities make Sector 69 a desirable place to live, potentially offering stable rental returns.

PropertyWala's Conclusion

Sector 69, Mohali, stands out for investors. This area offers prime location, diverse properties, and big price appreciation. With excellent connectivity, close proximity to amenities, and ongoing infrastructure improvements, it's a top choice for real estate investment. Whether you need a luxurious villa, an independent house, or a residential plot, Sector 69 has options covering various budgets and preferences.