Mona City in Mohali offers ready-to-move apartments with 3 and 4 BHK configurations, launched in February 2014 and completed by December 2020, featuring 403 units across 6 buildings on 6 acres, with prices ranging from ₹6,085,000 to ₹7,660,000 and an average price of ₹4,057 per sqft.
Mohali, Sector 115
Frequently Asked Questions
What makes Sector 115 in Mohali a desirable address?
Sector 115 stands out for its planned layout, wide arterial roads, quality educational institutions, and a dense network of amenities. It offers a premium quality of life at relatively competitive property prices compared to central Mohali.
How much does a flat cost in Sector 115, Mohali?
Apartment prices in Sector 115 start from around market-competitive rates per sq.ft. A typical 2BHK of 1,000–1,200 sq.ft can range between ₹60 lakh and ₹1.5 Cr depending on the project and developer.
Is there luxury housing available in Sector 115?
Yes, a number of premium and luxury residential projects have come up in Sector 115 catering to high-end buyers. These offer large apartments with sky lounges, smart home technology, and concierge services in a prime Mohali address.
Is the infrastructure in Sector 115 well-developed?
Sector 115 has mature infrastructure including wide roads, dedicated commercial zones, parks, schools, hospitals, and civic amenities. Ongoing and planned government projects are further enhancing the locality's urban infrastructure.
What is the resale market like in Sector 115?
The resale market in Sector 115 is active with healthy demand from buyers seeking ready-to-move homes without GST. Good society condition, proximity to amenities, and RERA compliance are key factors driving resale prices upward in Sector 115.
Is Mohali a good place to buy property in 2024?
Mohali continues to be one of the most sought-after real estate destinations in India. With planned expressways, new commercial hubs, and government infrastructure push, buying property in Mohali in 2024 is a well-timed decision.
What is the price per sq.ft in Mohali?
The average price per sq.ft in Mohali ranges from ₹4,500 in emerging localities to ₹15,000+ in premium zones. Well-connected sectors with good amenities command higher rates, while upcoming areas offer early-entry pricing.
What locality in Mohali is close to the airport and metro?
Mohali has localities that offer dual advantage of airport and metro proximity. These command a premium due to convenience for frequent travellers and strong rental demand from aviation and corporate professionals.
Can I buy commercial property in Mohali?
Mohali has a vibrant commercial real estate market with office spaces, retail shops, and SCOs (Shop-Cum-Office) available across price points. Commercial property here typically yields 6–9% annually, higher than residential.
How to check legal documents before buying property in Mohali?
Verify the title deed, encumbrance certificate, RERA registration, approved building plan, completion certificate (for ready projects), and the builder's track record. Always consult a property lawyer before signing any agreement in Mohali.
