Vohtra Estate 15 Rental Prospects — Mohali 2026 | Navigating Yield & Location Nuances

Hey Propmyna fam, I've been looking into Vohtra Estate 15 and wanted to share some thoughts, especially regarding its rental potential. The project is listed for Mohali, offering 3 BHK builder floors at ₹2.90 Cr, with possession slated for November 2024. However, I noticed the 'About' section mentions Sector 43, Gurgaon – a critical discrepancy buyers need to clarify directly with the builder. Assuming Mohali, a 3 BHK at this price point (Avg Price/Sqft: ₹12740) targets a specific demographic. Mohali generally sees decent tenant demand from professionals working in the IT City, students, and families looking for spacious living. Builder floors, like these, often appeal to those seeking more privacy and direct access than high-rise apartments. For rental yield, ₹2.90 Cr is a substantial investment. While Mohali offers a stable rental market, achieving high yields often depends on premium finishes, amenities, and crucially, the *exact* location within Mohali. Without RERA details, due diligence becomes even more important. Potential tenants will weigh the lifestyle benefits against the rent, so proximity to essential services and connectivity are key. Compared to other 3 BHK options, a builder floor at this price might face competition from well-established apartment complexes offering more amenities. My take: clarify the location *immediately*. If it is Mohali, assess the specific sector's tenant profile and expected rental income carefully against the high capital outlay. The November 2024 possession is close, which is a plus for immediate rental income, provided the location ambiguity is resolved.