The Medallion, GHS Site No. 4 & 5, IT City, Sector 82 Alpha, Airport Road, Sahibzada Ajit Singh Nagar (Mohali), Punjab 140501
The Medallion | 3 & 4 BHK in Sector 82A, Mohali
The Medallion is a premium residential group housing project positioned directly on the 200-ft wide international airport road in IT City, Sector 82-A, Mohali. It is developed by Turnstone Realty and offers luxurious 3 BHK, 4 BHK apartments and elegant penthouses. The project is spread across 8.6 acres of land with 9 towers that rise up to 22 floors with 660 units to be constructed. Every flat in each tower is a corner flat, designed for ample sunlight and natural ventilation. The Medallion is the first project in the Tricity offering double height podium parking. The construction uses Mivan Construction...
Size
1,550 - 2,695 sqft
Bedrooms
3-4
Bathrooms
3 - 4
Towers
9
Project Highlights
9 Towers • 22 FloorsUnit Types & Sizes
Amenities
This property listing for The Medallion | 3 & 4 BHK in Sector 82A, Mohali located in The Medallion, GHS Site No. 4 & 5, IT City, Sector 82 Alpha, Airport Road, Sahibzada Ajit Singh Nagar (Mohali), Punjab 140501 is verified and presented by Realty Holding & Management Consultants (Realtyconsultants). Featuring a spacious 3-4 BHK layout measuring 1,550 sq.ft. with pricing starting at ₹1.39 Cr*, this project by developer Turnstone Realty (Medallion Group) has been audited by our advisory team for PUDA/RERA Punjab compliance, tower layout plans, and long-term entry-exit transaction viability to protect your capital.
Location
Nearby Landmarks
Chandigarh Airport
5
min
BY CAR
Indian School of Business (ISB)
5
min
BY CAR
Bestech Business Tower
10
min
BY CAR
VR Punjab Mall
10
min
BY CAR
Structural Audit & Forensics
The Transfer Trap
Purchasing in The Medallion, Sector 82-A (IT City), Mohali — 3 BHK, 3+1 BHK and 4 BHK High-Rise Apartments with Penthouses on 200-ft Airport Road involves standard registry charges and society transfer fees. Buyers should factor in a ~1-2% buffer for mutation and club membership transfers.
The Lifestyle Tax
Premium amenities at The Medallion, Sector 82-A (IT City), Mohali — 3 BHK, 3+1 BHK and 4 BHK High-Rise Apartments with Penthouses on 200-ft Airport Road come with higher recurring costs. Budget ₹4–₹6 per sq.ft monthly for the clubhouse, concierge, and high-end facility maintenance.
Investment FAQ
Has the possession been delayed?
Yes. Multiple sources originally listed possession as October 2025. 99acres now shows March 2026. This is a 5-month slip. While not extreme by Mohali standards, it confirms the developer has not met the original timeline. Track quarterly updates on the Punjab RERA portal using PBRERA-SAS81-PR0685 before committing. Visit the site to check actual construction progress — Realty holding and management consultants Advisory, Mohali.
Is Turnstone Realty a proven developer?
This is the critical question. Per 99acres, Turnstone Realty has delivered 1 project so far with 1 currently under construction. This means The Medallion is their make-or-break delivery. On IREF, a member who visited the site reported good floor plans, but another poster flagged the builder has some past. The counterbalance is that 8 banks including SBI, HDFC, ICICI and Axis have independently approved the project, meaning institutional lenders are comfortable with the developer's financials and land title. Additionally, Turnstone is now launching Medallion Aurum and the 80-acre Medallion Republic township, suggesting financial scale is growing. But for a buyer putting Rs 1.5 Cr or more, the limited delivery track record remains the primary risk — Realty holding and management consultants Advisory, Mohali.
What makes the \"all corner flats\" claim genuine?
Corner flats receive natural light and ventilation from two or more sides, unlike middle units that are sandwiched between neighbours. At The Medallion, the tower design with staggered heights (G+22, G+18, G+15) and independent tower layouts means each unit genuinely has corner exposure. Verify this during a site visit by checking the floor plan of your specific tower and floor — Realty holding and management consultants Advisory, Mohali.
What is double height podium parking?
Traditional podium parking has a single-storey ceiling that feels cramped. Double height podium means the parking floors have twice the vertical clearance, making SUV parking easier, improving ventilation within the parking structure and reducing the claustrophobic feel of underground or podium parking. The Medallion claims this is the first such design in the Tricity region — Realty holding and management consultants Advisory, Mohali.
How is Sector 82 for daily living?
Sector 82 residents rate it 4.2 out of 5 and specifically praise good public transport and commercial hub access. ISB is 2 km away, the airport is 8 km, VR Punjab Mall is 6 km and multiple hospitals are within 5 to 7 km. Sector 82 is more employment-centric than lifestyle-centric. If you work in IT City, Bestech Business Tower or ISB, the commute is near-zero. If you want mall-district or restaurant-heavy living, Sector 66 or Sector 88 may be more suitable — Realty holding and management consultants Advisory, Mohali.
What is the rental yield potential?
Sector 82 is described as a premium rental hub preferred by working professionals and students because of surrounding employment zones and ISB. The average rental yield in Sector 82 is 3% per 99acres. For a Rs 1.5 Cr apartment, this implies Rs 37,500 per month in rent, which is consistent with 3 BHK rental data in the Airport Road corridor — Realty holding and management consultants Advisory, Mohali.
How have property prices moved recently?
Average price moved from Rs 8,950 to Rs 9,250 per sq. ft. in Q2 2025, a 3.35% quarterly rise. Median marketplace price across 90 listings is Rs 9,500 per sq. ft. Sector 82 overall has appreciated 72.8% in 5 years and 84.1% in 10 years per 99acres data. However, the 1-year change is negative 1%, indicating a short-term cooling after a rapid run-up — Realty holding and management consultants Advisory, Mohali.
Is this better than Marbella Grand in the same sector?
Marbella Grand in Sector 82-A is by SRG Developers, is ready to move and has an established community. The Medallion is by Turnstone Realty, is still under construction and offers Mivan construction, corner flats and double-height podium parking as differentiators. If you want to move in today with zero risk, Marbella Grand is safer. If you want a newer product with innovative design features and are comfortable with the possession timeline and developer track record, The Medallion offers more contemporary specifications at a comparable price per sq. ft — Realty holding and management consultants Advisory, Mohali.
What happens if the developer defaults?
The RERA registration means an escrow account should exist for 70% of buyer funds. The 8 bank approvals mean institutional lenders have a financial stake in the project's completion. In a worst-case scenario, RERA provisions allow buyers to file for compensation or take over the project through a court-appointed body. However, this is a theoretical safeguard. The practical step is to verify the RERA escrow account status and check whether quarterly construction milestones are being met before purchasing — Realty holding and management consultants Advisory, Mohali.
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