3 BHK Flats & Apartments for Sale Under 75 Lakhs in Sector 116, Mohali

A: You can find a mix of apartments, gated community flats, and affordable housing units, Parkwood Glade, Mona City Homes, JTPL City Apartment, SBP City Of Dreams 2, offered by reputed developers in this price range.

A: Yes, Sector 116 has multiple ready-to-move 3 BHK flats under ₹75 Lakhs including Parkwood Glade, Mona City Homes, JTPL City Apartment, SBP City Of Dreams 2, ideal for buyers looking for immediate possession.

A:Several newly launched projects in Sector 116 offer 3 BHK flats under ₹75 Lakhs. These often come with modern amenities and attractive pre-launch offers.

A: Typically, 3 BHK flats under ₹75 Lakhs in Sector 116 offer built-up areas ranging from 901 sq.ft to 1725 sq.ft, depending on the project and developer.

A: Basic amenities like power backup, security, lifts, parking, and children's play areas are commonly available, even in budget projects.

A: Yes, Sector 116 is considered a strategic residential hub due to its connectivity, growing infrastructure, and demand from IT professionals and families.

A: Many reputed developers, include Parkwood Group, Mona Townships, JTPL Townships, SBP Group, have launched affordable housing projects in Sector 116, offering reliable construction quality and timely delivery.

A: Yes, banks and financial institutions like HDFC Bank, SBI Bank, Axis Bank, ICICI Bank, Tata Capital and Reliance Capital offer home loans for properties in this price segment, subject to eligibility.

A: The average price per sq.ft for 3 BHK flats in Sector 116 is around ₹2526, with prices typically ranging from ₹1890 to ₹3250. The exact rate varies based on the project's location, construction stage, and the builder’s profile.

A: Rental income from a 3 BHK flat in Sector 116 can range between ₹10,000 to ₹20,000 per month, depending on the property's location and amenities.

A: Yes, most projects listed in this budget segment in Sector 116 are RERA-approved, ensuring transparency and legal compliance.

A: Sector 116 typically offers good access to city bus services, nearby metro stations (if applicable), and key roads or highways.

A: Yes, many budget-friendly 3 BHK flats in Sector 116 include dedicated or common car parking, though it may vary by project.

A: Most residential areas in Sector 116 are well-connected to schools, hospitals, and daily essentials, making it ideal for families.