These high-rise apartments pierce through the skies of Mohali’s Sector 74-A. Conveniently located on the 200 ft. Airport Road, Lok Awas Mohali, makes sky-high living a reality without having to leave the heart of the city. What’s more impressive is that this project lets you enjoy these advantages all at an affordable tag.
These buildings lining Airport Road are developed by the three-decade-old Vera Developers. They came into the real estate business in 1990. Since then, they have successfully conceptualised and delivered multiple projects, including BS Town Ship, VN Housing, Icon Heights, and Vijay Nagar, to name a few.
Without further ado, let’s get to knowing Lok Awas Mohali up front and close. We will walk you through the project’s details, floor plans, amenities, contact details, key selling points and many more facts.
Project Details For Lok Awas Mohali
Builder name: Vera Developers
RERA number: PBRERA-SAS81-PR0496
Project site location: Sector 74 A, Sahibzada Ajit Singh Nagar, Punjab 140307
Project status: The project is still under construction. Possession is expected to start from March 2024.
Apartment availability: Only the 2 BHK apartments are currently being offered, with a 3 BHK configuration on the way.
Apartment size: The 2 BHK apartment at Lok Awas Mohali measures between 840 sq. ft. and 1,125 sq. ft.
Estimated price: INR 27 Lac – INR 40 Lac approximately.
Why Invest here?
There are plenty of great reasons to make Lok Awas Mohali your next real estate investment. Whether you are a prospective homebuyer or looking to bag a good long-term resale value, Lok Awas’ strategic location and amenities practically guarantee its appreciation.
Here are our top reasons for investing in this property:
- An exclusive clubhouse with a gymnasium and various indoor games.
- Fully secured with CCTV and security personnel around the clock.
- Buildings feature an earthquake-resistant RCC structure.
- Green spaces are dedicated exclusively to yoga and other retreat activities.
- Spaces dedicated exclusively to outdoor sports.
- A separate children’s play area.
- Power backup is provided around the clock for all the common areas.
- Covered parking facility for added comfort during monsoons and summer.
- Buildings are fitted with an advanced fire fighting system.
More About Lok Awas Mohali
The RERA-approved property under construction has received all its clearances and approvals from the competent authorities. Environmental, height clearance and pollution boards have all cleared this construction. This way, you can rest assured that the property will not be the subject of any litigation in the future.
The builders are also quite proactive about providing construction updates. This lets you know reassuringly that the put you’ve put in amounts to something tangible. For many investors, this can be a dealbreaker as some builders are very shoddy about how they relay construction updates to their customers. You may see their latest updates on the builder’s official website by clicking here.
Lok Awas Mohali also poses a lucrative investment opportunity since real estate prices in this area of sector-74 have risen steadily over the years. Last year alone witnessed a 4.35% jump in real estate appreciation.
Maps and Floor Plans
While the project is still away from completion, it is hard to know what the final project site will look like. Most builders like to make small amendments to their plans anyways. However, the builder has posted a proposed site plan on their website (shown below).
The floor plans for the 2 BHK variants on sale are below. These floor plans are from the builder’s official source, not third-party real estate aggregators, so you know they are accurate and reliable.
Lok Awas Mohali offers three distinct configurations in 2 BHK apartments. These are, namely, Compact, Optima, and Ultima. As their names suggest, Compact is the smallest with little utility space, while Ultima offers the most comfort with its two washrooms instead of one.
Finally, here are the floor plans for the 3 BHK apartment. These apartments are currently under construction.
Contact Details and Some Final Words
If you have a good feeling about this property and want to invest in it, keep reading as we provide you with all the ways you can reach the builder’s office.
You can call their office and speak to a representative about the latest availability and pricing. Their official phone number is +91 7087307222. Alternatively, one could also use the contact form available on their website. Just click here to access the web form.
In any case, we feel that Lok Awas presents a great investment opportunity, regardless of whether you are a homebuyer or a long-term investor. The proactive builder and their history of conceptualizing and delivering quality projects in the region should instill confidence.
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