SCO & Retail on
Airport Road, Mohali
Sector 117 and 118 on the 200-ft Airport Road are Mohali's most active commercial corridors. SCO (Shop-cum-Office) units here benefit from high daily vehicular traffic, a developed residential catchment across TDI City, and proximity to the Chandigarh International Airport.
Unlike mall spaces, SCO units offer ground-floor frontage, flexible usage, independent access, and no mall management overhead. They work well for retail showrooms, F&B, clinics, banks, professional offices and service businesses.
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💬 WhatsApp InsteadFrequently Asked Questions
What is the rent for ground floor SCO units on Airport Road?+
Ground floor SCO units on Airport Road (Sectors 117–118) range from ₹80–150/sq ft/month depending on frontage width, exact location and unit size. First floor units are 30–40% lower. Fidus benchmarks current market rates before any negotiation.
What lease terms are standard for SCO units in Mohali?+
Standard leases are 3+3 or 5+5 years with 15% escalation every 3 years. Security deposit is typically 6–12 months rent. Lock-in periods (1–2 years typical) and rent-free fit-out periods are negotiable.
Should I take an SCO unit on lease or buy?+
Depends on your business model and capital. Leasing is better for businesses needing flexibility. Buying is better for investors or businesses with long-term presence. Pre-leased SCO units also offer 5–7% yield as an investment. Fidus advises on both.
What businesses work best in Mohali SCO units?+
Retail showrooms, F&B outlets, pharmacies, diagnostic centres, salons, banks, coaching institutes and professional offices (CA, lawyer, consultant) all work well. Ground floor Airport Road units suit high-footfall businesses.