Hero Homes Phase 1 Sector 88 Mohali: 3BHK & 4BHK Luxury Apartments | Ready-to-Move Flats Prices & Amenities Project
₹1.1crore - ₹2.59crore
Hero Homes Mohali sector 88: pricing, floor plans, and buyer’s checklist (2026)
PBRERA-SAS81-PR0114 | Hero Realty Pvt Ltd | Sector 88, Mohali | 2, 2.5, 3, 4 BHK | Ready to Move |
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 |
| Total Land Area | 18.5 Acres |
| Number of Towers | 7 Towers |
| Total Units | 543+ Residential Units |
| 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 in March 2021) |
| Green Certification | No Green Certification declared on RERA |
| Clubhouse | Yes |
| Vastu Compliance | Claimed for selected unit orientations |
| Structure Type | RCC Framed Structure |
| Project Category | Premium Residential Township |
Vastu of the Project
Hero Homes Phase 1 embraces Vastu principles thoughtfully, ensuring positive energy flows through every corner of these luxury apartments in Mohali. Entrances face auspicious directions, bedrooms align for restful sleep, and kitchens are positioned to nurture family bonds—all while maintaining modern aesthetics. This Vastu-compliant design adds a layer of tranquility, appealing to buyers who blend tradition with the best of contemporary 4BHK flats in Sector 88 Mohali.
Floor Design and Pricing
| Configuration | Carpet Area (sq ft) | Super Built-Up Area (sq ft) | Price Range (₹) | Key Design Features |
|---|---|---|---|---|
| 3BHK Apartment | 1,093 - 1,661 | 1,565 - 1,926 | 1.10 Cr - 1.56 Cr | Open-plan living with modular kitchen, 2 balconies for natural light, Vastu-aligned master suite |
| 4BHK Apartment | 1,260 - 3,490 | 2,085 - 4,670 | 1.81 Cr - 2.59 Cr | Spacious servant room, powder room, large living-dining area with panoramic views, premium flooring |
| Field | Details |
|---|---|
| Parent Group | Hero Enterprise (Hero Group) |
| Experience | 15+ Years in Real Estate Development |
| Past Residential Projects | Hero Homes Haridwar, Hero Homes Ludhiana, Hero Homes Gurugram |
| Industrial Projects | Hero Industrial Parks, Haridwar |
| Total Residential Development | Approx. 150 Acres |
| Total Industrial Development | Approx. 230 Acres |
| RERA Registration Status | Active Across Multiple States |
| Business Segment | Residential Townships, Premium Housing & Industrial Infrastructure |
| Brand Legacy | Backed by the Hero Group's longstanding reputation and corporate governance standards |
| Primary Markets | Punjab, Haryana, Uttarakhand, NCR and other emerging markets |
Honest assessment:
Hero Realty is not a specialist luxury developer like DLF or Godrej. Its strength is large-scale, mid-income housing with reliable delivery. The company has delivered projects on time in Haridwar and Ludhiana . However, there is a recorded RERA complaint from Mohali Phase I regarding delayed refund for a cancelled booking . That case involved cancellation charges and GST deduction, not construction quality or possession delay. Ask specifically about cancellation and refund timelines before booking.
Ask-before-you-buy callout: Request a formal refund policy in writing. Understand the deduction structure (brokerage, GST, interest) if you need to cancel. The RERA complaint history shows this is an area of friction.
- Is Hero Homes Mohali RERA registered?
Yes. Punjab RERA registration number is PBRERA-SAS81-PR0114 . You can verify this on the official Punjab RERA portal (rera.punjab.gov.in).
- What is the current price of a 3 BHK in Hero Homes?
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.
- When will I get possession if I buy now?
Phase I is ready to move. You get possession immediately after registration. There is no waiting period.
- Is Hero Homes in Punjab or Haryana jurisdiction?
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.
- What is the stamp duty for a flat in Hero Homes?
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% .
- Do I pay GST on a ready-to-move flat?
No. GST applies only to under-construction properties where occupation certificate is not issued. Hero Homes Phase I has OC, so GST is zero.
- How many units are in Hero Homes Mohali?
The project has 543+ units across 7 towers .
- What amenities does Hero Homes have?
Clubhouse, swimming pool, gym, mini theatre, tennis court, jogging track, children’s play area, rainwater harvesting, STP, and 24/7 security .
- Is there any green certification?
No IGBC or GRIHA cer
tification is listed on the RERA portal for this project. - What rental yield can I expect?
Gross rental yield of 2.8% to 3.5% per year depending on configuration and furnishing. A fully furnished 3 BHK may yield closer to 3.9% .
- Which banks offer home loans for Hero Homes?
Most public and private sector banks finance this project. Check with SBI, HDFC, ICICI, Axis, and PNB for their approved list and current interest rates.
- What is the RERA carpet area of a 3 BHK?
Approximately 1,260 to 1,282 square feet of carpet area for a 1,482 sq.ft. super built-up unit . Verify the exact number in the agreement.
| Structure | RCC framed structure with earthquake resistance as per NBC norms |
| Flooring | Vitrified tiles in living/dining/bedrooms; ceramic tiles in utility and balconies |
| Walls | Acrylic emulsion paint for internal walls; textured exterior paint |
| Kitchen | Granite platform with stainless steel sink; provision for exhaust and water purifier |
| Sanitary fittings | Hindware / Cera / equivalent (builder-grade, not premium) |
| Doors | Flush doors with laminated finish for main door; PVC doors for bathrooms |
| Windows | Anodised aluminium sliding windows with mosquito mesh |
| Electrical | Anchor / Roma / equivalent modular switches; copper wiring with adequate circuits |
| Configuration | Carpet Area | Built-up Area | Super Area | Price |
|---|---|---|---|---|
| 4 BHK + Utility | 2108 Sq Ft | 2326 Sq Ft | 3490 Sq Ft | On Request |
- Ample Parking
- Club House
- EV Charging
- Fitness center
- Games Court
- Jogging Track
- Security
- Spa & Massage
- Swimming pool
Explore nearby amenities to precisely locate your property and identify surrounding conveniences, providing a comprehensive overview of the living environment and the property's convenience.
- Hospital: Fortis Hospital Mohali: 5 km (10 mins)
- School: Bal Bharati Public School: 4 km (8 mins)
- Airport: Chandigarh International Airport: 12 km (15-20 min
- Railways: S.A.S. Nagar Railway Station: 8 km (15 mins)
- Malls & PVR: VR Punjab Mall: 7 km (12 mins)
Load the interactive map only when needed to keep the page fast.
- AddressMohali, Punjab
