Sector 70, SAS Nagar, Punjab 160070
Ivory Towers by ICL Sector 70 Mohali | Premium 2 & 3 BHK
Ivory Towers by ICL (Ivory Castle Ltd) is a premium cooperative-style residential development in Sector 70, Mohali, spread across 6 acres with 8 towers of G+6 floors housing 284 apartments. The project offers 2 BHK units from 945–1,100 sq ft and 3 BHK units from 1,300–1,450 sq ft — all ready to move. Each tower has 2 lifts, modular kitchens, marble flooring, and hi-tech security systems. Ivory Towers is the largest and most structured cooperative residential development in Sector 70, combining the amenities of a builder project with the ownership security of the cooperative model. Average prices have appreciated 19.31% in Q3 2025 alone (from Rs 7,250 to Rs 8,650 psft). VR Punjab Mall is 2 km away, Chandigarh Airport is 13 km, and the IT corridor is within 5 km.
Size
945 - 1,450 sqft
Bedrooms
2-3
Bathrooms
2 - 3
Towers
8
Structural Audit & Forensics
The Transfer Trap
Ivory Towers is developed by ICL (private developer). Transfer is a standard GMADA-registered flat transfer...
The Lifestyle Tax
ICL Ivory Towers maintenance is managed by RWA and higher than pure cooperatives...
Project Highlights
8 Towers • 6 FloorsUnit Types & Sizes
Amenities
Location
Nearby Landmarks
Chandigarh International Airport
19
min
BY CAR
VR Punjab Mall
3
min
BY CAR
Mohali Railway Station
9
min
BY CAR
Vivek High School
2
min
BY WALKING
YPS Hospital
2
min
BY CAR
Quark City IT Park
6
min
BY WALKING
Musical Fountain Park
2
min
BY WALKING
Gurdwara Mata Sunder Kaur
2
min
BY WALKING
Investment FAQ
Reviews mention a water availability issue - what is the actual situation?
At least one verified online review raises water availability as a concern, alongside a comment about unhelpful community behaviour. The exact nature of the water issue - pressure, timing, or supply frequency - is not fully detailed in public data. Given that Ivory Towers has overhead water tanks and a municipal connection, this may relate to specific blocks or specific floors rather than a society-wide failure. Ask the current resident of the specific flat - and visit during morning hours when water pressure issues are most apparent.
The price jumped 19.31% in Q3 2025 alone - is this sustainable or a spike?
The jump from Rs 7,250 to Rs 8,650 psft in a single quarter is sharp. Ivory Towers has shown 13.3% YOY appreciation on property portal data, which is a more measured indicator. The Q3 2025 jump likely reflects a combination of limited resale inventory, Airport Road corridor demand, and post-monsoon seasonal activity in the Mohali market. Whether it sustains depends on new IT/corporate employment announcements in the Sector 82A corridor. Treat the current asking price as a market peak - negotiate accordingly.
The online rating is 3.9/5 on 435 reviews - what brings the score down from the 4+ range?
From available data, the concerns include: water supply inconsistency, community attitude among residents (specifically described as unhelpful), and sector-level issues like the S curve on Airport Road being an accident spot, stray dogs, and garbage on vacant plots nearby. The society-specific issues (water, community attitude) are the ones worth investigating directly. The sector-level issues are shared across all Sector 70 properties.
Is parking actually covered and is there one space per flat?
Ivory Towers is listed with covered parking across most platforms. However, the sector-level review data for Sector 70 consistently notes that lack of parking leads to internal road congestion - suggesting that either not all units have dedicated covered spaces or visitor parking overflows. Confirm the specific parking allotment for the unit in the sale agreement, not just in the broker's verbal assurance.
Is the Conveyance Deed done for Ivory Towers flats?
This is the most important question to ask for any Ivory Towers flat before paying any amount. Ivory Towers is a private developer (ICL) project, not a cooperative. In many Mohali builder projects of this vintage, Conveyance Deed (which transfers freehold ownership of land under the flat) has not been executed - only Allotment Letter and Builder-Buyer Agreement exist. Without Conveyance Deed, the flat is technically not fully freehold and some banks may not lend against it. Verify this with a property lawyer before proceeding.
Why do multiple platforms say 'approved by all top banks' - does that mean loans are easy to get?
'Approved by all top banks' means the project was pre-approved for home loans when it was new, which simplifies loan processing. It does not mean a loan is automatically granted - individual eligibility still applies. More importantly, bank pre-approval was given when the project was launched; it does not resolve any post-completion documentation gaps like pending Conveyance Deed. Get your bank to independently verify the current title chain before issuing an in-principle sanction.
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