Technical view Image of the Property
The STILT+3 concept is a residential ownership model widely used in Mohali, especially in areas administered by the GMADA & PUDA authority. The architectural project includes a stilt car park on the ground floor, upon which three residential floors will be built. Each floor belongs to a family, creating a multi-ownership structure with shared parking. This model effectively combines urban space optimization with independent living.
Under this arrangement, each family owns 33.33% of the floor area and the shared parking space. Parking spaces on the ground floor are shared, ensuring easy accessibility and avoiding traffic jams. This concept reflects modern trends in urban planning and promotes better use of space and an aesthetically pleasing urban landscape.
One of the main advantages of the STILT+3 model is its value for money. Because the property is divided among three owners, individual investment costs are significantly reduced, making home ownership more affordable. Furthermore, this concept promotes co-living by preserving privacy and exclusivity, as each family lives on a separate floor. The stilted area improves ventilation, security, and vehicle protection, ensuring a comfortable and convenient lifestyle.
With the continued development of Mohali , STILT+3 properties are becoming increasingly popular among homebuyers seeking a balanced combination of affordability, functionality, and modern infrastructure. Thanks to its structured ownership model, resource sharing, and strategic urban planning, this concept remains a preferred housing solution for GMADA & PUDA -regulated areas.
Loan Documents & Loan Possibility
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- Agreement to sell.
- Allotment Letter.
- Transfer letter.
- Sale Deed (Conveyance deed) .
- Permission to sell .
- Authority Letter for Legal Search
- Map .