Aerocity, Mohali

Price: ₹ 1.10.55 Lac

Property Details: • Type: Commercial Land • Project: N/A • Built-up Area: N/A sq.ft • Floor: N/A of N/A floors • Age of Property: N/A • Ownership: N/A • Furnishing: N/A • Facing: N/A

Amenities: N/A

Landmarks: N/A

Property Description: This is a highly lucrative opportunity suitable for luxury hospitality, commercial development, or branded projects

* Authority: Greater Mohali Area Development Authority * Land Type: Freehold * Ownership: Legally held by the Firm as per official records * Encumbrance: Nil free from all charges, liens, and litigation * Documentation: * Auction Notice, Allotment & Confirmation Letters

2. Land Use & Zoning

* Approved Use: Hotel / Hospitality with 25% commercial approved (pre-approved by GMADA) * Zoning: As per Master Plan * Development Norms: Governed by GMADA bylaws & approved layout * Compliance: Fully aligned with applicable GMADA regulations

3. FAR & Development Potential

* Permissible FAR: As per GMADA norms (1.76 lakh sq. ft. indicative) * Additional FAR: unlimited Subject to payments as GMADA policy * FAR Treatment: Basement, parking & service floors excluded, 03 service floors allowed. * Height Clearance: Subject to NOC from Airports Authority of India (if applicable)

4. Approvals & Legal Status

* Environmental Clearance: Not applicable as per Auction and allotment letter as it is sanctioned approved site as per Master plan (subject to project scale) * Statutory Approvals: Fire, Pollution, etc. at project stage * Litigation: None * Government Claims: None land is clear and undisputed

5. Transaction & Development

* Registry: Immediate upon agreed payment terms * Possession: Post receipt of 25% payment + premium * Development Rights: Construction permitted as per GMADA schedule * Lock-in: No lock-in.

6. Valuation

* Based on GMADA auction (March 2026) * Reserve price, final bid & comparables to be shared during meeting

Positioning Insight (for investors)

* Plug-and-play hospitality land with zero land-use risk * Located in a high-growth ChandigarhMohali corridor near international Airport (7 mins) * corner site (3 side open). * Suitable for luxury / upper-upscale hotel development or branded residences