4840 Sq.ft. Commercial Land for Sale in Airport Road, Mohali

4840 Sq.ft. Commercial Plots for Sale in Airport Road, Mohali
Listing ID #1419380

  • 4840 Sq.ft.
₹ 60 Cr. ₹ 1.24 Lac/Sq.ft.
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Property Overview

  • Location Airport Road, Mohali
  • Plot/Land Area 4840 Sq.ft.
  • Sale Type New
  • Type Commercial Land
  • Booking Amount 15 Cr.
  • check Freehold
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Landmark

  • Hospitals
  • Airport
  • ATM
  • Railway Station
  • School
  • Shopping Mall
  • Bank
  • Bus Stop

Property Description

Pros of Buying a 1 Acre Commercial Plot in Sector 75

Growth Potential-----Since it is an area earmarked in many realestate plans for commercial/industrial expansion, land prices are likely to appreciate.
Good Connectivity----Sector 75 is accessible, and being in an industrial/commercial zone means roads are likely better, and infrastructure (power, water, drainage) tends to be more reliable than in undeveloped areas.
Commercial Zoning (if applicable)----If the plot has a commercial / mixeduse / industrial use zoning or the required permissions like Change of Land Use (if residential currently), the plot can be used for shops, offices, showrooms, warehouses etc., which generally have higher returns than pure residential use.

Demand ---There is visible demand for commercial space & showrooms in Sector 75. Prices per sq ft for smaller commercial units (showrooms, offices) are already high, which suggests investors believe in strong future demand.

What is Sector 75 / Phase 8A, Mohali------Sector 75 in Mohali is an industrialarea / commercial / IT / business park type area. For example, there is SP Infocity an IT/ITES SEZ development by Shapoorji Pallonji located in Sector 75.
It is relatively well-connected: access roads, proximity to existing industrial/commercial infrastructure are good. Some amenities and developing infrastructure are already present.

Recent Relevant Prices / Indicators
A commercial site of about 0.84 acre in Sector 68 was sold for 83.30 crore. That gives a rough idea that prime commercial land in wellconnected sectors is highly valued.
Showroom spaces of 900 sq ft in Sector 75 are being offered at around 20-22K / sq ft.

My View: Is It Better or Good?
On balance, yes buying a 1acre commercial plot in Sector 75 Mohali can be a good investment, if the plot has good location (frontage on a main road, good visibility), legal clarity, infrastructure in place, and proper zoning. It is likely to appreciate, and yields.

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About Agent Details

Bhangu Realty

Sector 78, Mohali
+91-83602xxxxx   https://www.bhangurealty.in
  • 30 Properties For Sale
  • 7 Properties For Rent
  • rea2856 Rera Reg No.

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