Flats in Aerocity Mohali: Is the Premium Still Worth It?
Aerocity is the most talked-about pin code in Mohali. With the 1,700-acre IT City reaching critical mass and the airport expansion bringing heavy footfall, the demand for flats here is genuine. But let's look at the numbers objectively. The entry ticket in Aerocity has surged, with premium projects commanding massive premiums simply because of the location tag. If you are buying an apartment here for end-use, you get unparalleled connectivity and elite neighborhood infrastructure. But if you are an investor, you need to be careful. Buying at a peak price kills your ROI. Are you targeting rental yield from IT professionals, or capital appreciation? Because the strategy for a luxury high-rise differs completely from an independent floor. I tell my clients clearly: do not buy just because of the 'Aerocity' name. We must evaluate the builder's delivery track record, the maintenance charges (which can hit Rs 5-8 per sq. ft.), and the true carpet area. Make a decision based on data, not hype.