Hero Homes is the residential brand under which Hero Realty, the property arm of the Hero Group, builds homes. The group is headquartered in Ludhiana, Punjab, and Sector 99 is one of the Mohali micro-markets where its residential product is now being placed. For a buyer, the relevance is practical: a developer with a manufacturing and real estate base in Punjab is building in a locality that sits between Chandigarh and the Mohali township belt, close to where most of the region's new apartment and plot supply is coming up.
Sector 99 falls within the Sahibzada Ajit Singh Nagar district and carries the PIN 140306. It is part of the wider Wave Estate township, which covers 235 acres in this part of Mohali, and it is one of the few sectors here where residential and plotted supply sit alongside a planned commercial hub.
Hero Leafsong Retreat is the Hero Homes project in Sector 99 that is currently in view for buyers. It is a newly launched 3 BHK offering priced between ₹2.07 crore and ₹2.37 crore, with possession slated for August 2033, which places it in the longer-horizon segment of the local market rather than the ready-to-move one.
Hero Homes Sector 99 Phase 1 is listed as a pre-launch project with pricing on request. Hero Homes Sector 99 Phase 3 Mohali is the further phase tracked for the same locality. Buyers following the Hero Homes sequence in Sector 99 should view the phases as a continuing series rather than isolated launches, since each one adds to the developer's presence on the same road network and social infrastructure.
Sector 99 has a broad price range, and the Hero Homes launches sit at the upper end of the local apartment band. Apartment prices in the locality average about ₹8,500 per sq ft on super built-up area. Prices have risen 12.6% over the last year, 54.5% over three years and 132.9% over five years, a pace that reflects steady demand for the sector since it began attracting buyers in the past few years.
| Category in Sector 99 | Reported price |
|---|---|
| Apartments, average | About ₹8,500 per sq ft (super built-up) |
| 3 BHK apartments | ₹1.24 crore to ₹2.15 crore |
| Hero Leafsong Retreat, 3 BHK | ₹2.07 crore to ₹2.37 crore |
| Residential plots | From ₹85 lakh, up to ₹1.40 crore onwards |
| 3 BHK independent builder floor | Around ₹92 lakh for 1,086 sq ft carpet area |
Rental yield in the locality is reported at around 3%, so the case for a Hero Homes purchase here rests mainly on capital appreciation and end-user occupation rather than on rent.
The sector is positioned along an 80-foot wide road with direct access to Airport Road and NH-205, and its internal sector roads are also 80 feet wide. Developer material cites a 200-foot master road along the Sector 85-87 corridor, which links the locality to the Wave Estate City Centre.
Chandigarh International Airport is about 12 km away, roughly 25 minutes by road. Chandigarh city is about 12 to 15 km away, and Kharar Road is about 6 km, or 15 minutes. Mohali Railway Station is around 14 km away and is the nearest rail option. Intercity bus connectivity is available through the Mohali ISBT and the Baba Banda Singh Bahadur ISBT, both serving Airport Road.
Schools within reach include Oakridge International at about 4 km, Shivalik Public School at about 5 km, Gurukul World School at about 6 km and DPS Mohali at about 8 km. Higher education is close at hand, with Chandigarh University in Gharuan about 15 km away and Chitkara University a short drive along the Chandigarh-Patiala Highway.
Healthcare is well covered by private hospitals. Fortis Hospital is about 5 km away, Max Hospital about 6 km, Ivy Hospital about 7 km and Sunshine Hospital about 9 km. Civil Hospital in Phase 6, Mohali, serves as the government facility nearby. Three named hospitals, R.P Hospital, Trehan Hospital and Dr. Virendra Dhanlhar Mayo Health Care Super Speciality Hospital, are also in or around the sector.
For shopping and entertainment, local markets are about 2 km away, PVR Cinemas about 6 km, North Country Mall about 7 km and Elante Mall about 8 km. VR Punjab Mall is about 5 km away and Bestech Square about 6.4 km. The Wave Estate City Centre in Sectors 85-87 adds retail, dining and commercial space within the township itself.
The office and technology base within easy reach is one of the main reasons buyers choose this part of Mohali. The IT Park in Mohali is about 4.2 km away, ISB Mohali about 7.5 km, and the big technology and industrial clusters of IT City, Aerocity and Industrial Area Phase 8B are close. Infosys has been allotted 20 hectares (49 acres) in the GMADA township near the airport for a campus, and Quark has a 16-hectare (40-acre) campus in Mohali.
Several public projects are planned along the corridor. A metro line between Airport Chowk and Manakpur Kallar is planned for the localities around Airport Road. The Chandigarh Metro corridor from Rock Garden and Sukhna Lake to ISBT Zirakpur, via Industrial Area and Chandigarh Airport, includes a stop at Aerocity. Airport Road is set to be widened between IT City Chowk and Kurla-Chandigarh Road, and the Aeropolis City commercial and residential hub is planned along Airport Road. Road work on Sector 89 and the CP-67 Airport Road is already in progress, and the MLA for the Mohali constituency has said nearly 90% of roads in the constituency will be upgraded.
The locality suits buyers who want a Punjab-based developer's residential product close to Chandigarh, with a mix of ready and upcoming stock. Families are well served by schools and hospitals within 10 km, and professionals working in the IT and technology belt benefit from the short commute to Airport Road. Buyers looking at Hero Leafsong Retreat or the Phase 3 release should weigh the longer possession timeline against the infrastructure that is still being built around the sector.
