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Project Units 450
Area Unit sq.ft.
No. of Towers 7
Launch Date Mar, 2021
Possession Starts Jul, 2021
Configurations 4 BHK + Utility
Rera Id PBRERA-SAS81-PR0114.
Type High-rise, Residential, Flats
Investor Hero Realty Pvt Ltd
Floors 25
Project Information
Project Status
Ready to Move
Price Range
₹1.1 Cr – ₹2.59 Cr
Locality
SAS Nagar
City
Mohali
State
Punjab
Listing Updated
24 Jul 2026
Description

If you are looking at Mohali real estate in 2026, you have probably seen the name Hero Homes. It is one of the larger ready-to-move projects in Sector 88, built by the Hero Group’s real estate arm in the Heart of the City. This article gives you every verified number you need: RERA carpet areas, actual resale rents, state-specific stamp duty for Punjab, and a due diligence checklist you can use before signing anything. No broker estimates. No portal hearsay. Just facts from the Punjab RERA portal, the Punjab Revenue Department, and verified market activity.     

Project at a glance     

Field     

Value     

Project name     

Hero Homes Mohali (Phase I)     

Developer     

Hero Realty Pvt Ltd     

RERA number     

PBRERA-SAS81-PR0114     

Address     

Group Housing Site No.1, Sector 88, SAS Nagar (Mohali), Punjab     

Land area     

18.5 acres     

Towers     

7     

Total units     

543+     

Configurations     

2 BHK, 2.5 BHK, 3 BHK, 4 BHK     

RERA carpet area     

2 BHK: ~691 sq.ft. – 3 BHK: ~1,282 sq.ft. – 4 BHK: ~1,600 sq.ft. (varies by unit)     

Super built-up area     

1,095 – 3,490 sq.ft.     

Launch year     

2016     

Possession status     

Ready to move (Phase I completed March 2021)     

Green certification     

None declared on RERA     

Clubhouse     

Yes (details in amenities)     

Vastu compliance     

Claimed for specific unit orientations     

Structure     

RCC framed structure     

Verified against: Punjab RERA portal entry PBRERA-SAS81-PR0114.  

What makes Hero Homes different     

Hero Homes is not a boutique project. It is a large-scale, ready-to-move community built by a developer with industrial and township experience outside the Chandigarh tricity. Here is what actually stands out.     

FeatureDetails
18.5-Acre Low-Density CampusSpread across 18.5 acres with only 7 residential towers, Hero Homes offers a low-density layout that provides better natural light, cross ventilation, and spacious open areas compared to many nearby developments.
Hero Group LegacyDeveloped by Hero Realty, the real estate arm of Hero Enterprise, backed by a legacy of 150+ acres of residential townships and 230+ acres of industrial parks, ensuring strong brand credibility, quality construction, and long-term value.
Ready-to-Move AdvantagePhase I has received completion certificates and handovers began in March 2021, allowing buyers to inspect the actual apartment before purchase. Ready-to-move homes also eliminate construction risk and, in many cases, attract no GST on completed units (subject to prevailing tax regulations).

Location and connectivity     

Sector 88 is on the northern edge of Mohali, close to the Chandigarh border. The area has developed significantly since 2020, with new schools, hospitals, and retail coming up along the Sector 88-89 dividing road.     

Hero Homes is located on Group Housing Site No.1, Sector 88, roughly 2.5 km from the Aerocity Chowk on the Airport Road   

Floor plans and pricing     

Hero Homes offers 2 BHK, 2.5 BHK, 3 BHK, and 4 BHK configurations. The RERA carpet area is the number that legally matters. Builders often quote super built-up area, which includes common spaces and wall thickness. The table below uses verified carpet area where available.  

Pricing and area by configuration     

Configuration     

Super built-up area     

RERA carpet area     

Bedrooms / Baths     

Pricing (resale, 2026)     

2 BHK     

1,095 sq.ft.     

~691 sq.ft.     

2 / 2     

Rs. 95 Lac – 1.10 Cr     

2.5 BHK     

1,285 sq.ft.     

~850 sq.ft.     

2 / 2     

Rs. 1.10 Cr – 1.25 Cr     

3 BHK     

1,482 – 1,950 sq.ft.     

1,260 – 1,282 sq.ft.     

3 / 3     

Rs. 1.35 Cr – 1.80 Cr     

4 BHK     

2,500 – 3,490 sq.ft.     

~1,600 sq.ft.     

4 / 4     

Rs. 2.40 Cr – 3.14 Cr     

Source: Punjab RERA portal and current market listings . Builder BSP is no longer applicable for ready-to-move Phase I units. Prices above are observed resale market rates as of 2026. 

Critical callout on carpet area: The RERA carpet area excludes external and internal wall thickness. A 1,482 sq.ft. super built-up 3 BHK typically has a carpet area of approximately 1,260 sq.ft. . Do not sign any agreement without verifying the exact carpet area mentioned in the buyer-builder agreement against the RERA registration.  

Resale activity        

Configuration     

Observed range     

Quarter     

2 BHK     

Rs. 95 Lac – 1.05 Cr     

Q1 2026     

3 BHK     

Rs. 1.40 Cr – 1.65 Cr     

Q4 2025     

3 BHK (high floor)     

Rs. 1.70 Cr – 1.80 Cr     

Q1 2026     

Price trajectory (Sector 88)     

Year     

Avg. rate (Rs./sq.ft.)     

Change     

2019     

4,800 – 5,200     

Launch phase     

2021     

5,200 – 5,500     

Possession started     

2023     

5,800 – 6,200     

Post-occupancy demand     

2026     

6,500 – 7,500 (super built-up)     

Mature resale market     

Pricing has stabilised after the initial post-possession spike in 2021-2022. Current rates reflect actual transaction data, not builder‑inflated numbers.       

About the Builder
Hero Realty Pvt Ltd

Hero Realty Pvt. Ltd., the real estate arm of Hero Enterprise, has 15+ years of experience developing residential townships and industrial parks. With projects across Haridwar, Ludhiana, Gurugram, and Mohali, the company is known for reliable delivery, transparent practices, and thoughtfully planned communities backed by the trusted Hero Group legacy.

Frequently Asked Questions about Hero Homes Phase 1 Sector 88 Mohali

Yes. Punjab RERA registration number is PBRERA-SAS81-PR0114 . You can verify this on the official Punjab RERA portal (rera.punjab.gov.in).

Resale prices for a 3 BHK range from Rs. 1.35 crore to Rs. 1.80 crore depending on floor, furnishing, and exact size. For exact current listings, check verified real estate platforms or contact local banks for their approved valuation.

Phase I is ready to move. You get possession immediately after registration. There is no waiting period.

Punjab. Sector 88 is in SAS Nagar (Mohali), Punjab. Stamp duty follows Punjab rates . Do not let anyone calculate Haryana stamp duty for this property.

For a male buyer: 7% stamp duty + 1% registration = 8% total. For a female buyer: 5% + 1% = 6% total. Joint (male+female): 5.5% + 1% = 6.5% .

No. GST applies only to under-construction properties where occupation certificate is not issued. Hero Homes Phase I has OC, so GST is zero.
Have another question about Hero Homes Phase 1 Sector 88 Mohali?
Video
Hero Homes Phase 1 Sector 88 Mohali Floor Plans and Pricing
Super Builtup Area3490 Sq Ft
Rera ID PBRERA-SAS81-PR0114.
Possession StatusReady to Move
Amenities
  • Ample Parking
  • Club House
  • EV Charging
  • Fitness center
  • Games Court
  • Jogging Track
  • Security
  • Spa & Massage
  • Swimming pool
Hero Homes Phase 1 Sector 88 Mohali Specifications
RCC framed structure with earthquake resistance as per NBC norms
Hero Homes Phase 1 Sector 88 Mohali Official Brochure
Locality & Commute
Address Phase Industrial Area, Mohali, Punjab, India Directions
Places near SAS Nagar
  • IndianOil Petrol Pump 1.5 KM
  • Market@Purab Premium Apartments Malls & PVR 2.7 KM
  • SolAura – Peaceful Pure-Veg Homestay in Mohali Hotel 2.8 KM
  • Divine food Restaurant 2.9 KM
  • Sk Department Super Market 3.0 KM
Contact Agency
Brochure

Get a closer look! Download our comprehensive brochure to explore detailed floor plans, world-class amenities, and exclusive features of this property.

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