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Ambika Florence Park
Ambika Realcon

Ambika Florence Park

by Ambika Realcon

## Project Overview Ambika Florence Park is a theme-based high-rise residential development inspired by the magnificent city of Florence, Italy. Located in Mullanpur, New Chandigarh, this RERA-registe...
RERA RegisteredReal EstateReady to Move
Price Range
Rs. 55 Lakh - Rs. 1.80 Crore (primary, historical); Rs. 45 Lakh - Rs. 3.52 Crore (resale market 2024-2025)

About Ambika Florence Park

Project Overview

Ambika Florence Park is a theme-based high-rise residential development inspired by the magnificent city of Florence, Italy. Located in Mullanpur, New Chandigarh, this RERA-registered project (Ph-I: PBRERA-SAS80-PR0398, Ph-II: PBRERA-SAS80-PR0456) features 9 towers with 18 floors each, offering 737 units of 2 BHK, 3 BHK, 3.5 BHK, 4 BHK apartments, and exclusive penthouses. With 80% open space, the development creates a resort-like environment featuring large designer landscapes, gardens, and an emerald central park. The project is ready-to-move, offering immediate occupancy.

Location Advantages

Florence Park is located in New Chandigarh, the third satellite town of UT Chandigarh. The site enjoys 440 ft frontage on VR-6 Road (200 ft wide Northern Avenue Road connecting to International Airport through PR-7). The development is connected through 200 ft wide extensions of Madhya Marg and Dakshin Marg. Just 2 km from the proposed Metro Station in the first phase of Metro Development, and 2 km from the proposed Medicity (400 acres) featuring Kings College Hospital, Tata Cancer Hospital, New PGI Extension, and Max Super-Specialty Hospital.

Developer Reputation

Ambika Realcon Pvt Ltd is a leading group in India's real estate market known for superior work and punctual delivery of high-end residential apartments. Their theme-based approach to development, as demonstrated in Florence Park's Italian-inspired design, showcases creative vision and attention to detail. The company's track record of successful project delivery and customer satisfaction has established them as a trusted developer in the New Chandigarh market.

Amenities and Features

Florence Park features earthquake-resistant RCC framed structure with elegant exterior texture paint finish and premium vitrified tile flooring. The Italian Florence theme extends through the design, architecture, and landscaping. As the only mixed land-use development in its class in New Chandigarh, the project includes a commercial complex with MNC corporate offices, lifestyle stores, banks, fast food joints, salons, and ATMs. The emerald central park and designer landscapes create a unique living environment inspired by European aesthetics.

Investment Potential

With 2 BHK starting at Rs. 72 Lakhs, 3 BHK at Rs. 94.2 Lakhs, and 4 BHK at Rs. 1.59 Cr, Florence Park offers premium themed living at competitive prices. The ready-to-move status eliminates construction risk, while the unique Florence theme differentiates this project in the market. The mixed-use development with commercial spaces adds convenience and potential rental income from commercial units. Proximity to proposed Metro and Medicity developments positions Florence Park for significant appreciation as New Chandigarh's infrastructure matures.

Project Details

Project Name
Ambika Florence Park
Developer/Promoter
Ambika Realcon
Location
New Chandigarh / Mullanpur, Mullanpur
City
Chandigarh
State
Punjab
Project Type
Real Estate
Amenities
Swimming Pool, Kids' Pool with Slides, Gymnasium, Spa, Clubhouse (Club Iris), Landscaped Gardens, Zen Garden, Meditation Lawn, Boboli Garden, Reflexology Garden, Jogging Track, Children's Play Area, Tennis Court, Badminton Court, Basketball Court, Volleyball Court, Cricket Pitch, Table Tennis, Billiards / Pool Room, Chess Room, Carom Room, Indoor Games, Card Room, Library, Meditation Hall, Restaurant, Banquet Hall, Children's Playroom, 24x7 Security (3-Tier), CCTV Surveillance, Power Backup, Rain Water Harvesting, 30% Rooftop Solar Power Plant, LED Lighting Throughout, Sewage Treatment Plant with Water Recycling, Solar-Powered Street Lighting, Earthquake-Resistant RCC Structure, UPVC Windows and External Doors, Three Lifts Per Tower, Gated Community, Yoga Lawn, Senior Citizen Park, Commercial Plaza (MNC offices, banks, ATMs, F&B)

RERA Registration

RERA Number
PBRERA-SAS80-PR0058, PBRERA-SAS80-PR0167, PBRERA-SAS80-PR0421
Status
Ready to Move

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HRERA Detailed Information

Promoter Information

Company Name
Ambika Realcon Developers Private Limited
CIN
U70109DL2006PTC150201
Address
Building No. 251, Glatt Building, 2nd Floor, Behind Modi Floor Mill, Okhla Phase III, New Delhi (MCA-registered in Delhi; corporate office in Chandigarh)
Website
https://ambikarealcon.com/florence/
Email
c***e@teamambika.com
Phone
01****19

Key Personnel

Ritesh Sehgal
Co-Founder & Director
Diwaker Bansal
Co-Founder & Director

Land Details

Total Area
10.46 Acres
Village
Dhode Majra

Unit Details

Total Units
737
Total Apartments
737

Unit Types

Project unit type breakdown
TypeSizeCount
2 BHK-
3 BHK-
3 BHK + Utility-
3.5 BHK / 3 BHK + Servant-
4 BHK + Servant-
4.5 BHK-
Penthouse-

Financial Overview

Project Timeline

Expected Completion
2020-05
Progress
100% Complete

Approvals & Clearances

GMADA approval
Approved
Punjab RERA Phase I (PBRERA-SAS80-PR0058)
LAPSED; Extension under process
Punjab RERA Phase II (PBRERA-SAS80-PR0167)
LAPSED
Punjab RERA Phase III (PBRERA-SAS80-PR0421)
LAPSED; Extension under process
Punjab RERA Phase IV Commercial (PBRERA-SAS80-PC0335)
ACTIVE (Registered as on 20-Mar-2026)

Drawing Review & Quality Assessment

Building Overview

Total Units
737

Unit Breakdown

Unit breakdown by type and area
TypeAreaCount
2 BHK-
3 BHK-
3 BHK + Utility-
3.5 BHK / 3 BHK + Servant-
4 BHK + Servant-
Penthouse-

Frequently Asked Questions

What is the RERA number for Ambika Florence Park?

The RERA registration number for Ambika Florence Park is PBRERA-SAS80-PR0058, PBRERA-SAS80-PR0167, PBRERA-SAS80-PR0421. This ensures full regulatory compliance and protects homebuyer interests under the Real Estate (Regulation and Development) Act.

What configurations are available in Ambika Florence Park?

Please contact Ambika Realcon for current details on available configurations and unit types in Ambika Florence Park.

What is the price range of Ambika Florence Park?

The price range for units in Ambika Florence Park is Rs. 72 Lakh - Rs. 1.80 Crore. Prices may vary based on unit type, floor, and current market conditions. Contact the developer for the latest pricing.

When is the expected possession date for Ambika Florence Park?

Please contact Ambika Realcon for the latest possession timeline for Ambika Florence Park.

What amenities does Ambika Florence Park offer?

Ambika Florence Park offers a range of amenities including Swimming Pool, Kids' Pool with Slides, Gymnasium, Spa, Clubhouse (Club Iris), Landscaped Gardens, Zen Garden, Meditation Lawn, Boboli Garden, Reflexology Garden, Jogging Track, Children's Play Area, Tennis Court, Badminton Court, Basketball Court, Volleyball Court, Cricket Pitch, Table Tennis, Billiards / Pool Room, Chess Room, Carom Room, Indoor Games, Card Room, Library, Meditation Hall, Restaurant, Banquet Hall, Children's Playroom, 24x7 Security (3-Tier), CCTV Surveillance, Power Backup, Rain Water Harvesting, 30% Rooftop Solar Power Plant, LED Lighting Throughout, Sewage Treatment Plant with Water Recycling, Solar-Powered Street Lighting, Earthquake-Resistant RCC Structure, UPVC Windows and External Doors, Three Lifts Per Tower, Gated Community, Yoga Lawn. These facilities are designed to provide a comfortable and enriching lifestyle for all residents.

Who is the developer of Ambika Florence Park?

Ambika Florence Park is developed by Ambika Realcon. Ambika Realcon is known for delivering quality real estate projects in Chandigarh and surrounding areas.

Where is Ambika Florence Park located?

Ambika Florence Park is located in New Chandigarh / Mullanpur, Mullanpur, Chandigarh, Punjab. The location offers excellent connectivity to major roads, educational institutions, healthcare facilities, and commercial centres in Chandigarh.

What is the RERA status of Ambika Florence Park?

Ambika Florence Park is registered across four RERA phases with Punjab RERA. Phase I (PBRERA-SAS80-PR0058), Phase II (PBRERA-SAS80-PR0167), and Phase III (PBRERA-SAS80-PR0421) are all residential and currently appear as LAPSED on the Punjab RERA Lapsed-Projects list (Phase I and Phase III carry an 'Extension under process' annotation). Phase IV commercial (PBRERA-SAS80-PC0335) is an ACTIVE registration as of 20 March 2026. Lapsed residential registrations post-completion is not unusual - the project was delivered in May 2020 - but buyers entering via resale will rely on consumer and civil remedies rather than RERA's active grievance window.

Have there been any legal or consumer-forum cases against Ambika Realcon for Florence Park?

Yes. The Chandigarh State Consumer Redressal Commission ruled in favour of 11 flat-owners against Ambika Realcon Pvt Ltd and its maintenance agency Shri Vishnu Facilities Management LLP. Remedies ordered include 9% per-annum interest on delayed possession, a 30% refund of maintenance charges (plus 9% interest), Rs 1,00,000 lump-sum compensation for mental distress and unfair trade practices, Rs 35,000 litigation costs, and a cap on billable maintenance fees at 70% of the invoiced amount until all promised amenities are delivered. Compliance deadline was 30 days with 12% penal interest for delays. Prospective buyers should factor this ruling into their due-diligence and ask the current RWA or seller for the amenity-delivery status and any subsequent maintenance agreements.

What configurations and prices are available at Ambika Florence Park?

The project offers 2 BHK (1,195-1,270 sq.ft), 3 BHK (1,440-1,575 sq.ft), 3 BHK + Utility (1,800 sq.ft), 3.5 BHK / 3 BHK + Servant (1,970-2,080 sq.ft), 4 BHK + Servant (2,480 sq.ft), 4.5 BHK (2,330 sq.ft) and select penthouses across nine 18-storey towers. Primary sale was completed years ago; today's resale market spans approximately Rs. 45 Lakh - Rs. 3.52 Crore, equivalent to roughly Rs. 5,862 - Rs. 7,300 per sq.ft against a North Mullanpur area average of Rs. 8,100 per sq.ft.

Who is the developer of Ambika Florence Park and what is their track record?

Ambika Florence Park is developed by Ambika Realcon Private Limited (CIN: U70109DL2006PTC150201), incorporated on 25 December 2006, and MCA-registered in New Delhi with a Chandigarh corporate office (SCO 18-19, Sector 9-D, Madhya Marg, Chandigarh 160009; earlier filings used SCO 64-65, Sector 17-A). It was co-founded by Ritesh Sehgal and Diwaker Bansal - both chartered accountants with 20+ years in Indian real estate. The company's delivered portfolio spans over 2.8 million sq.ft including Florence Park and La Parisian (Sector 66-B, Mohali). Note that La Parisian is filed under a sister entity 'Ambika Realcon Developers Private Limited' - a separate registered company under the same promoter group.

Where exactly is Ambika Florence Park located?

The project is located at Village Dhode Majra, Sub Tehsil Majri (Kharar), SAS Nagar (Mohali), Punjab 140901 - in the Mullanpur / New Chandigarh corridor, directly opposite a 400-acre green belt. It enjoys 440 feet of frontage on the 200-ft VR-6 Northern Avenue Road, is 2 km from the proposed Metro station, 2 km from the 400-acre Medicity cluster (King's College Hospital, Tata Cancer Hospital, PGI Extension, Max Super-Specialty), and approximately 20 km from Mohali International Airport via PR-7.

Is Ambika Florence Park ready to move in?

Yes. Phases I, II, and III of the residential development were completed and handed over in May 2020, roughly a year ahead of the originally-marketed March 2021 possession. The project currently reports around 700+ occupied families. Phase IV, which is a mixed commercial build-up under a separate active RERA registration (PBRERA-SAS80-PC0335), is the only portion of the master plan still under construction/fitting-out.

What amenities and lifestyle features does the project offer?

Florence Park sits on a 10.46-acre parcel with 80% open space organised around 'Club Iris' and themed landscapes (Zen Garden, Meditation Lawn, Boboli Garden, Reflexology Garden). Active amenities include swimming pool, kids' pool with slides, gymnasium, spa, banquet hall, restaurant, library, and meditation hall; sports facilities include tennis, basketball, badminton, volleyball, cricket pitch, table tennis, billiards/pool, chess, and carom. Sustainability features cover 30% rooftop solar power, LED street lighting, sewage treatment plant with water recycling, and rainwater harvesting. Security is three-tier with 24x7 CCTV, controlled gateways, and dedicated personnel. Towers have three lifts each (including a service lift) and earthquake-resistant RCC framing with Jaguar/Duravit/Toto fixtures and modular Italian kitchens.

What is the price appreciation trend and investment outlook?

Q4 2025 data showed approximately 5.80% price appreciation for the project, with average rates around Rs. 7,300 per sq.ft versus a North Mullanpur area average near Rs. 8,100 per sq.ft (a modest discount to the sub-market). With 61 to 443 resale listings available across portals and rental yields in the Rs. 20,000 - Rs. 50,000 per month range, the project offers delivered-inventory liquidity. Upside drivers include the upcoming Metro line and the 400-acre Medicity cluster 2 km away; downside risks are the lapsed RERA status and the live consumer-forum order which buyers should independently verify with the RWA before transacting.

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