Exotic Magnifiq Kishanpura Zirakpur | Luxury 4 BHK High-Rise Apartments in Top Zirakpur Residential Projects
₹1.24crore - ₹3.69crore
Most projects promise luxury and deliver density. Exotic Magnifiq Peer Muchalla, Zirakpur, Mohali, makes a different promise — only 2 families per floor, 92 homes across 1.77 acres, and a clubhouse that will never feel crowded. India's IGBC Platinum certification isn't a marketing badge here; it's a commitment to lower energy bills, cleaner air, and a maintenance cost the RWA can actually manage. At the Panchkula border, minutes from Chandigarh, this is where a developer who built Punjab's first green home is building something they clearly believe in again.
Quick facts
| Project Details | Information |
|---|---|
| Project Name | Exotica Homez |
| RERA Number | PBRERA-SAS79-PR0743 |
| Developer | Exotic Realtors and Developers |
| Location | Peer Muchalla, Kishanpura, Dhakoli, Zirakpur, SAS Nagar (Mohali), Punjab |
| Configuration | 4 BHK Apartments & Penthouses |
| Launch Date | September 2021 |
| Possession Date | March 2025 |
| Starting Price | ₹2.24 Crore* onwards |
| Project Type | Premium Residential Apartments |
| Status | Ready-to-Move / Near Possession |
| Property Category | Luxury Residential |
| State | Punjab |
| City | Zirakpur (Mohali Region) |
This is one of the only sub-100-unit, IGBC Platinum-rated projects in the Peer Muchalla micro-market. That combination of low density, green certification and a 20,000 sq.ft. clubhouse for under 90 families is unusual at this price point in Zirakpur.
By the end of this article you'll have exact floor sizes, a verified RERA status, a stamp duty calculation specific to Punjab, an investment yield estimate, and a clear picture of how Exotic Magnifiq compares to every serious competing project in a 3-km radius.
Project at a glance
| Project Details | Information |
|---|---|
| Project Name | Exotic Magnifiq |
| Developer | Exotic Realtors and Developers |
| RERA Number | PBRERA-SAS79-PR0743 (Punjab RERA, SAS Nagar) |
| Location | Peer Muchalla, Kishanpura, Dhakoli, Zirakpur, SAS Nagar (Mohali), Punjab |
| Land Parcel | 1.77 Acres |
| Towers | 4 Towers |
| Floors per Tower | Ground + 13 Floors (14 Levels) |
| Flats per Floor | 2 Apartments |
| Total Units | 92 Apartments |
| Configuration | 4 BHK + 4 Toilets + Servant Room, 5 BHK & Duplex Variants |
| Carpet Area Range | 1,287 – 2,936 Sq.Ft. |
| Super Built-up Area | 2,225 – 4,450 Sq.Ft. |
| Launch Date | September 2021 |
| Scheduled Possession | March 2025 |
| Green Certification | IGBC Pre-Certified Platinum Rating |
| Clubhouse | Approx. 10,000 Sq.Ft. Exclusive Clubhouse |
| Vastu Compliance | Yes |
| Structure | Earthquake-Resistant RCC Framed Structure |
| Density | Ultra Low Density Development |
| Project Category | Luxury Residential Apartments & Duplex Homes |
| Status (2026) | Ready-to-Move / Possession Offered* |
Vastu of the Project
Exotic Magnifiq incorporates thoughtful Vastu principles to promote harmony and prosperity, a key feature in top Zirakpur real estate company offerings. Apartments face east for abundant natural light and positive vibes, with kitchens positioned southeast to enhance well-being. Bedrooms avoid beams overhead, and entrances are designed for smooth energy flow, making it ideal for those valuing Vastu in high-rise projects in Zirakpur and residential projects in new Chandigarh.
Why Exotic Magnifiq stands out in the Peer Muchalla market
- Ultra-low density: 92 units on 1.77 acres
Most mid-segment projects in Zirakpur pack 150-200 units into similar land parcels. Magnifiq's 92 units across 4 towers works out to roughly 52 units per acre. With only 2 flats per floor, you get a private lift lobby, negligible corridor noise, and a common area that doesn't feel like a metro station at 8 a.m. - IGBC Platinum pre-certification
This is India's equivalent of the LEED Platinum standard. It signals designed-in rainwater harvesting, energy-efficient MEP systems, sustainable materials, and lower long-term maintenance costs for the resident welfare association (RWA) after handover. Most projects in this price range carry no green certification at all. - 10,000 sq.ft. clubhouse for under 90 families
The industry average in Zirakpur is roughly one clubhouse square foot per family. Magnifiq offers over 110 sq.ft. per family. In practice, that means the gym isn't full at 7 a.m., the pool isn't crowded on a Saturday, and the mini theatre actually functions as a private screening room rather than a party hall overflow space. - Exotic Grandeur's track record
The developer's previous project, Exotic Grandeur, was the first green residential project in Punjab and received a five-star green rating. Magnifiq is the same group building on that precedent, not a first-time developer riding the luxury wave. That matters when you're committing Rs.1.5-3.5 Cr to a pre-delivery flat. - Mini theatre as a standard amenity
A private screening room dedicated to a 92-family society is unusual even in the luxury segment. Most projects list it in the brochure and deliver a 15-seat room that doubles as a storage annex. Ask the developer to show you the clubhouse during your site visit.
Punjab RERA: what the registration means for you
Registration number: PBRERA-SAS79-PR0743. This is filed with the Real Estate Regulatory Authority, Punjab. The 'SAS79' segment refers to the SAS Nagar (Mohali) district. You can look up the full registration details, quarterly progress updates, and any complaints filed against this project at rera.punjab.gov.in.
Key RERA buyer protections that apply:
| Provision | Rule / Section | Key Protection for Buyers |
|---|---|---|
| Upfront Payment Limit | RERA Section 13(1) | Developer cannot collect more than 10% of total unit price before executing a registered Agreement for Sale. Any excess collected without agreement is refundable with interest. |
| Delay in Possession | RERA Section 18 | If possession is delayed beyond the committed date, buyer can: (a) exit with full refund + interest OR (b) continue investment and receive delay interest compensation. |
| Six-Monthly Reporting | Punjab RERA Rules | Developer must submit half-yearly progress reports including construction status, funds utilized, units sold, and any plan deviations. Reports are publicly accessible on the RERA portal. |
| Structural Defect Liability | RERA Section 14(3) | Developer is responsible for structural defects for up to 5 years after possession, including major construction faults. |
| Escrow Account Requirement | RERA Section 4(2)(l)(D) | 70% of buyer funds must be deposited in a dedicated project escrow account and used only for construction and land costs of the same project. |
How Exotic Magnifiq compares to competing projects
| Project | Location | Configuration | Price Range | RERA | Key Note |
|---|---|---|---|---|---|
| Exotic Magnifiq | Peer Muchalla, Zirakpur | 4 BHK | ₹2.24 Cr BSP | PBRERA-SAS79-PR0743 | IGBC Platinum; 92 units; ultra low density (2 flats/floor) |
| Victoria Heights | Peer Muchalla | 4 BHK | ₹1.70 – ₹2.50 Cr | Punjab RERA | Ready-to-move; comparatively older development (10+ years) |
| DLF The Valley Gardens | Sector 3, Panchkula | 3–4 BHK | Price on Request | Haryana RERA | Premium branded project; higher pricing segment; Haryana tax structure |
| Suncity Parikrama | Sector 20, Panchkula | 3–4 BHK | Price on Request | Haryana RERA | Established Panchkula residential address; mature infrastructure |
| Trident Hills | Sector 1, Panchkula | 2–4 BHK | Price on Request | Haryana RERA | Large-scale township development with multiple phases |
Magnifiq's strongest argument over competitors is density. 92 units on 1.77 acres with 2 flats per floor is genuinely unusual in Zirakpur, where most projects at this price point compromise on land-to-unit ratios to hit volume targets. The trade-off: Peer Muchalla carries a Mohali/Punjab address, which some buyers perceive as lower prestige than a numbered Panchkula sector, despite being physically 500 metres from one.
About Exotic Realtors and Developers Developer Profile Details Developer Name Exotic Realtors and Developers Business Type Real Estate Developer and Construction Contractor Headquarters Punjab, India Industry Focus Residential Real Estate Development & Construction Construction Model In-House Construction (Executed by the Developer's Own Construction Team) Notable Project Exotic Grandeur Recognition Exotic Grandeur was recognized as Punjab's first green residential project and received a Five-Star Green Rating Green Building Philosophy Focus on sustainable, energy-efficient, and environmentally responsible developments Current Green Certification Exotic Magnifiq is IGBC Pre-Certified Platinum Rated RERA Compliance Registered under Punjab RERA Regulatory Transparency Six-monthly project progress reports are publicly available through Punjab RERA Quality Commitment Emphasis on quality construction, structural safety, and sustainable building practices Project Portfolio Premium Residential Apartments and Luxury Housing Projects Structural Standards RCC Framed Structures designed as per applicable seismic safety norms Core Strengths In-house construction, green building expertise, low-density developments, and premium residential communities The in-house construction model means the builder's own workforce governs the pace of construction. This limits sub-contractor coordination failures but also means delivery pace depends directly on the group's own capacity. Track RERA quarterly filings to verify construction is progressing on schedule.
- What is the RERA number for Exotic Magnifiq Peer Muchalla?
PBRERA-SAS79-PR0743. Registered with the Real Estate Regulatory Authority, Punjab. Verify the current status, quarterly updates, and any complaints on rera.punjab.gov.in.
- What is the price of a 4 BHK flat in Exotic Magnifiq in 2026?
The builder's base sale price starts at Rs.1.30 Cr for the 2,225 sq.ft. super built-up (4 BHK + 4T + Servant) configuration. Resale transactions in 2024-25 have been observed in the Rs.1.84 Cr to Rs.3.69 Cr range depending on size and floor. Contact the developer for current pricing and additional charges (PLC, parking, club membership).
- Has possession been given at Exotic Magnifiq?
The scheduled possession date was March 2025. Verify the current status on the Punjab RERA portal (rera.punjab.gov.in) and ask the developer for the Occupancy Certificate (OC) number if possession has been handed over.
- Is Exotic Magnifiq under Punjab RERA or Haryana RERA?
Punjab RERA. Peer Muchalla is in Mohali district (SAS Nagar), which is in Punjab. Stamp duty, registration charges, and all regulatory obligations apply under Punjab law — not Haryana.
- What is the stamp duty for property registration in Peer Muchalla, Zirakpur?
As of 2025-26: 7% for male owners, 5% for female owners, 5.5% for joint (male + female) ownership. Registration is 1% additionally. Social Infrastructure Cess (SIC) may add another 1%. Verify the current rates with the Punjab Revenue Department or Sub-Registrar, Zirakpur before registering.
- Does GST apply when buying a flat in Exotic Magnifiq?
GST at 5% applies if the flat is purchased before the Occupancy Certificate (OC) is issued. No GST applies after OC. The taxable base is the construction value component only — land value is excluded. Confirm the OC status with the developer before finalising your budget.
- How many flats are there in Exotic Magnifiq?
92 apartments across 4 towers, each with 14 levels (G+13). There are only 2 flats per floor per tower, making it one of the lowest-density projects in the Peer Muchalla micro-market.
- What amenities does Exotic Magnifiq offer?
A 10,000 sq.ft. clubhouse (for approximately 89 families), swimming pool, gymnasium, mini theatre, indoor games, landscaped park, children's play area, 24x7 power backup, fire fighting system, sewage treatment plant, rainwater harvesting, CCTV security, and full covered and open parking.
- Is Exotic Magnifiq IGBC certified?
Yes. It carries an IGBC (Indian Green Building Council) Pre-Certified Platinum rating, which is the highest category under India's LEED-equivalent green building standard. The developer's earlier project, Exotic Grandeur, was the first green residential project in Punjab with a five-star rating.
- What is the rental yield for a 4 BHK flat in Peer Muchalla?
Gross rental yield for 4 BHK apartments in Peer Muchalla is approximately 2.8-3.6% per annum, based on observed monthly rents of Rs.35,000-55,000. Net yield after maintenance, vacancy, and property tax is typically 2.5-3%.
- Which banks offer home loans for Exotic Magnifiq?
RERA-registered projects are eligible for home loans from most major public and private sector banks in India. Ask the developer for their current empanelled lenders list and cross-check with your preferred bank before committing to a purchase.
- What is the carpet area of Exotic Magnifiq flats?
Carpet area ranges from approximately 1,287 sq.ft. to 2,936 sq.ft. depending on configuration, as per RERA definition. Always verify the exact RERA carpet area in your allotment letter — this is the legally binding area measure under RERA, not the super built-up area.
| Structure | Earthquake-resistant RCC framed structure approved by a leading institute as per applicable seismic zone under the National Building Code of India |
| Flooring — all rooms | Vitrified tiles (living, dining, bedrooms, kitchen, bathrooms, balconies). Marble / granite finish mentioned as an option — confirm grade in allotment letter. |
| Kitchen | Modular kitchen with in-house construction using well-known brands. Confirm brand and fittings specification in the allotment letter. |
| Sanitary fittings | Grohe, Kohler, Jaquar, or equivalent. Lock in the brand in writing at allotment — do not accept 'or equivalent' as the final specification. |
| Electrical | Modular switches throughout. Full power backup for common areas and apartment units. |
| Doors | Confirm door frame material, shutter finish, and lock brand in the RERA-uploaded project documents or allotment letter. |
| Windows | Confirm window profile (UPVC / aluminium), glass type, and shutter configuration in the allotment letter. |
| Painting | Premium finish (confirm brand — Asian Paints / Berger or equivalent typically specified for this price segment). |
| Configuration | Carpet Area | Built-up Area | Super Area | Price |
|---|---|---|---|---|
| 4 BHK + 4T + Servant | 1,287-1,468 sq.ft. | NA | 2,225 sq.ft. | Rs.2.24 Cr onwards (BSP) |
| 4 BHK (larger) | 1,960-2,936 sq.ft. | NA | 2,900-2,936 sq.ft. | Price on Request |
| 5 BHK / Duplex | 2600 Sq Ft | buildup_area | 4450 Sq Ft | Price on Request |
- Air Conditioning
- Balcony
- Club House
- Gym
- Kids' area
- Lift
- Power backup
- Rain water harvesting
- Security
- Swimming pool
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