Italian-Themed Premium High-RiseNew ChandigarhUnder ConstructionAmbika Realcon Private Limited

Ambika Florence Park

Ambika Realcon Private Limited|Eco City-1, PR-4 Corridor, New Chandigarh (Mullanpur), Punjab 140901|4.8 Rating

Indicative Pricing

₹95 Lacs – ₹3.55 Cr

Base Rate: ₹7,400/sq.ft.

Verified RERA RegistrationPBRERA-SAS80-PR0421 (Punjab RERA)

Verify on Govt Portal

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About Ambika Florence Park

Ambika Florence Park is an Italian Renaissance-themed luxury high-rise condominium development situated in Eco City-1, New Chandigarh (Mullanpur) along the PR-4 Medicity corridor. Overlooking the scenic Shivalik range and Medicity healthcare park, it features Tuscan architectural arches, Florentine central courtyards, Roman bath clubhouses, and spacious 2, 3, and 4 BHK luxury residences.

Key Project USPs

Prime Eco City-1 location adjoining New Chandigarh Medicity

Italian Renaissance architecture with Tuscan stone arches

Unobstructed views of the Shivalik mountains and natural bio-park

Just 8 minutes drive to PGI Chandigarh & Panjab University

Floor Plans & Unit Layouts

3 Configurations

2 BHK Florentine Residence₹95.00 Lacs

Super Area: 1,195 sq.ft.

2 Bed + 2 Bath

3 BHK Tuscan Luxury Suite₹1.55 Cr

Super Area: 1,980 sq.ft.

3 Bed + 3 Bath + Servant

4 BHK Venetian Penthouse₹3.55 Cr

Super Area: 4,735 sq.ft.

4 Bed + Private Terrace + 5 Bath

2 BHK Florentine Residence

Configuration: 2 Bed + 2 Bath • Super Area: 1,195 sq.ft.

Indicative Starting Price₹95.00 Lacs

Construction Progress & Milestone Tracker

75% Completed

Current Phase: Superstructure Complete • Brickwork & Internal Plastering ActiveTarget Possession: Dec 2027

Key Milestone Breakdown

Land Acquisition & Clear TitleDone

100% Freehold encumbrance-free title verified by RERA

Statutory Approvals & SanctionsDone

Building plan sanctioned by municipal authorities & RERA certified

Raft Foundation & Basement RCCDone

Heavy reinforced concrete raft foundation and basement parking

Tower Superstructure & SlabsDone

Mivan / RCC earthquake-resistant frame construction

Brickwork, MEP & PlasteringIn Progress

Plumbing, electrical conduit lines, acoustic brickwork & elevators

Internal Finishing & Clubhouse

Flooring, wall paint, clubhouse amenities & external landscaping

Occupancy Certificate (OC) & Handover

Final regulatory inspection & possession by Dec 2027

Buyer Protection & Legal Due Diligence

100% RERA Verified

Every project listed on TricityProjects undergoes strict statutory screening to protect buyer capital. Below is the verified legal and regulatory audit for Ambika Florence Park.

Approving AuthorityVerified

GMADA (Greater Mohali Area Development Authority) & Eco-City Special Area Authority

Building plan sanctioned with approved zoning and FAR compliance.

Land Title & OwnershipVerified

100% Freehold Clear Title

Direct ownership land with zero encumbrance, no mortgage disputes or litigation.

RERA Escrow AccountVerified

Dedicated 70% Escrow Active

70% of buyer collections strictly deposited in project escrow for timely construction.

Statutory ClearancesVerified

Environment (SEIAA) & Fire NOC

Complies with National Building Code (NBC) and environmental air/water safety norms.

Structural Safety StandardVerified

Seismic Zone-IV RCC Framework

Engineered and audited by accredited structural safety consultants.

RERA Section 14(3) WarrantyVerified

5-Year Structural Defect Guarantee

Developer legally obligated to rectify any structural defects for 5 full years from handover.

Why Buyer Capital Is Safe in Ambika Florence Park

Under RERA Section 4(2)(l)(D), 70% of all funds collected from buyers are deposited directly into a designated project escrow account, strictly usable only for land cost and ongoing construction. In case of any possession delay, buyers are legally protected with monthly interest compensations linked to SBI MCLR + 2%.

Pre-Approved Home Loans & Banking Partners

APF Vetted

Top nationalized and private financial institutions have conducted independent legal title vetting on Ambika Florence Park, offering fast-track loan sanctions with zero legal scrutiny charges for buyers.

SBIState Bank of India

Max Loan-to-Value

HDFCHDFC Bank

Instant Sanction

ICICIICICI Bank

Pre-Approved APF

AXISAxis Bank

Fast Disbursal

PNBPunjab National Bank

Lowest Govt Rates

Eligible for up to 80%–85% property value financing • Floating repo-linked rates starting 8.35% p.a.

About the Builder — Ambika Realcon Private Limited

CREDAI / Verified Developer

Experience14+ YearsEst. 2012

Delivered Area4.2 Million sq.ft.Residential & Retail

Total Projects6+ ProjectsAcross Punjab & NCR

RERA Compliance95%100% Compliant

Corporate Profile & Reputation

Ambika Realcon creates European and Italian themed luxury residential condominiums across prime growth corridors in Mohali (Sector 66-B) and New Chandigarh (Eco City-1).

Construction Pedigree & Materials

Haussmannian Parisian & Tuscan architecture, landscaped central promenade gardens, Roman fountains, and infinity rooftop sky decks.

Flagship Landmark Projects

Ambika La Parisian (Sector 66B)Ambika Florence Park (New Chandigarh)

Distinctive European architectural excellence

Multiple delivered towers with active resident welfare associations

Pre-approved home loan status with all top nationalized banks

Landmark Distance Matrix

✈️ Int'l Airport25 mins (22 km)

💻 IT Park / Tech City16 mins (Chandigarh IT Park)

🏥 Hospital3 mins (Homi Bhabha Cancer Hospital / Medicity)

🛍️ Shopping Mall12 mins (Sector 17 Chandigarh)

🚆 Railway Station17 mins (Chandigarh Railway Station)

📍 Micro-MarketPR-4 / Medicity Corridor

Clubhouse & Community Amenities

Club Florence with Infinity Pool

Roman Bath Spa & Sauna

Squash & Tennis Courts

EV Fast Charging Stations

100% Power Redundancy

24/7 Multi-Tier Security

Children Tuscan Theme Park

Rooftop Stargazing Deck

Mortgage & EMI Forecaster for Ambika Florence Park

Down Payment (20%)₹19.0 Lacs

Tenure

Interest Rate

Estimated Monthly EMI

₹65,955/mo

Projected 2031 Property Value: ₹1.79 Cr (13.5% CAGR)

Frequently Asked Questions about Ambika Florence Park

What is the RERA registration number of Ambika Florence Park?

Ambika Florence Park is registered under Punjab RERA with registration number PBRERA-SAS80-PR0421.

What is the price range at Ambika Florence Park New Chandigarh?

Prices range from ₹95.00 Lacs for 2 BHK apartments (1,195 sq.ft.) up to ₹3.55 Cr for 4 BHK Venetian penthouses (4,735 sq.ft.) (~₹7,400/sq.ft.).

When is the possession date for Ambika Florence Park?

Possession is scheduled for December 2027.

Project Specifications

DeveloperAmbika Realcon Private Limited

Sector / LocalityEco City-1

Expected PossessionDec 2027

Construction Stage75% Complete

Total Towers7 High-Rises

Total Units580 Residences

Project Land Area9.20 Acres

RERA RegistrationPBRERA-SAS80-PR0421

Verified Buyer Protection Shield

Pre-approved by 5+ tier-1 banks (SBI, HDFC, ICICI)

70% project funds in RERA designated escrow

5-Year structural defect warranty (Sec 14)

Zero litigation clear freehold land title

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