Floor Plans
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.
| 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 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* |
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.

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. |
| 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.
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