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
Is Sector 115 a good place to invest in real estate?
Absolutely. Sector 115 in Mohali has been witnessing rapid infrastructure upgrades and rising property demand. Investors here benefit from strong price appreciation, high rental occupancy, and proximity to major commercial zones.
Is Sector 115 expensive compared to other parts of Mohali?
Sector 115 is mid-to-premium priced within Mohali. At an average of market-competitive rates, it is more affordable than the city's central premium zones but costlier than peripheral developing sectors — offering a good quality-to-price balance.
Which is the best residential project in Sector 115?
The best project in Sector 115 depends on your specific needs — budget, configuration, builder trust, and lifestyle preferences. Propmyna's verified reviews and community discussions from real homeowners in Sector 115 can guide your decision.
Is Sector 115 well-connected to the metro?
Sector 115 in Mohali is well-served by existing or upcoming metro lines, significantly reducing commute times to the city centre and commercial zones. Metro connectivity has been one of the primary drivers of property appreciation in Sector 115.
Has Sector 115 seen good capital appreciation historically?
Sector 115 has delivered capital appreciation of 15–30% over 5 years in premium projects, driven by infrastructure upgrades and growing demand. Early investors in Sector 115 have seen their portfolios grow significantly in value.
What makes Mohali attractive for real estate investment?
Mohali offers a compelling mix of affordable land prices, world-class social infrastructure like schools and hospitals, and strong rental demand from a growing urban workforce. These factors make it a top pick for both end-users and investors.
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.
Is the area near Mohali expressway good for investment?
Expressway corridors in Mohali have emerged as hotbeds for real estate investment. Reduced commute times, large plotted development, and commercial activity have made these zones one of the highest-growth corridors in the region.
What luxury housing options are available in Mohali?
Mohali hosts several luxury residential projects from top developers offering sky villas, duplex penthouses, and large 4+BHK apartments with concierge services, rooftop amenities, and smart home features.
What are the tax benefits of buying property in Mohali?
Home buyers in Mohali can claim deductions under Section 80C (principal repayment up to ₹1.5 lakh), Section 24(b) (interest up to ₹2 lakh for self-occupied), and HRA if renting. First-time buyers may qualify for additional benefits.
