An SCO label does not establish tenure or return

Research revision · 20 October 2026. Newly researched replacement text, not a recovered original. Sources and remaining limitations appear below.

New corrective copy for sco-for-sale-mohali-tricity.html, researched 18 October 2026 UTC. Research candidate, not recovered content.

The earlier page describes an SCO as freehold ownership of the whole building line. That is too broad across the tricity. Chandigarh Estate Office publishes a transfer-of-lease-rights form expressly covering SCOs as well as other property types. The form identifies the percentage share, site and registered transfer deed; its checklist distinguishes the lease-rights transaction. This is direct evidence that “SCO” alone does not establish freehold tenure. It does not determine the tenure of a Mohali, Zirakpur or Chandigarh property being offered today. Chandigarh Estate Office lease-rights transfer documents

Read the allotment and operative deed before comparing prices: whole site or fractional share, freehold or lease rights, remaining term where relevant, transfer conditions, dues and approved use. A photograph of a multi-storey SCO does not identify which floors, land interest or access rights are included in the sale.

For an investment comparison, distinguish rent from return. Hypothetical arithmetic: ₹12 lakh annual rent on ₹2 crore purchase price gives 6% gross yield. Add ₹10 lakh acquisition costs and subtract ₹2 lakh annual owner expenses: ₹10 lakh divided by ₹2.10 crore is about 4.76% before finance and tax. With two months of vacancy at the same monthly rent, the numerator falls to ₹8 lakh and the result to about 3.81%. These are locally calculated examples, not tricity yields or valuations.

Compare alternatives using the same cost and vacancy conventions. Review lease term, break rights, deposit, escalation, arrears and tenant obligations separately. No general claim that commercial property outperforms residential property is supported by this example. Current supply, service coverage and Hobo's legal or financial review arrangements remain to be evidenced.