Mohali's Emerging Neighbourhoods: A Buyer's Guide for 2025
Mohali's real estate market is changing fast, offering unique opportunities for residential, commercial, and mixed-use properties. This guide looks at top areas like Aerocity, IT City, and Kharar-Banur, focusing on connectivity, infrastructure, and price trends for different buyer groups.
1. Aerocity: The Airport Proximity Advantage
Location: Chandigarh International Airport Road Connectivity: Direct access to NH-21, upcoming metro link, 15-minute drive to Chandigarh Infrastructure: Luxury condos, commercial hubs, upgraded roads Price Trends: Plots starting at ₹12,000–15,000/sq. yd | Apartments: ₹4.5–7 crore Ideal For: High-growth investors seeking short/medium-term gains
Why Choose Aerocity?
- Luxury developers: Wave Infratech, Homeland Builders
- Strategic positioning for business/leisure travellers
- Rising demand for rental properties near the airport
- Government-promoted PR7 Road expansion, enhancing accessibility
2. Mohali IT City (Sectors 110 & 111)
Connectivity: 10-15 mins to IT Park, 20 mins to Chandigarh Infrastructure: Schools, hospitals, retail nodes, IT sector proximity Price Trends: Plots from ₹8,000–10,000/sq. yd | Apartments: ₹2.5–4 crore Ideal For: Suitable for young families and tech professionals
Key Development Drives:
- Affordable residential plots with growth potential
- Community-centric planning (parks, gated communities)
- Strong rental demand due to IT workforce influx
- Proximity to proposed metro corridors
3. New Chandigarh/Mullanpur: Government-Led Expansion
Location: Shaheed Bhagat Singh Nagar District Infrastructure: 9 new sectors (84, 87, 103, 120–124) planned Price Trends: Land parcels starting at ₹5,000–7,000/sq. yd Ideal For: Long-term investors and land aggregators
GMADA’s Vision:
- Urban extension with industrial-friendly zoning
- Strategic access to Rajpura and Chandigarh
- Planned infrastructure: Wide roads, utilities, commercial zones
- Strong demand for mixed-use development plots
4. Kharar-Banur Corridor: Commercial Growth Frontier
Location: NH-205 and upcoming PR7 Road Infrastructure: SME hubs, logistics centers, budget hotels Price Trends: Vacant land: ₹4,000–6,000/sq. yd | Commercial spaces: ₹8,000–12,000/sq. ft Ideal For: Small business owners and retailers
Why Invest Here?:
- Affordable entry points for commercial ventures
- Proximity to Kharar’s growing residential belt
- PR7 Road expansion boosting connectivity to New Chandigarh
- High footfall potential for retail/entertainment hubs
5. Sector 88 & Wave Estate: Luxury and Mixed Use
Location: Near Chandigarh-Ambala Highway Infrastructure: Luxury condos, corporate parks, high-end retail Price Trends: Apartments: ₹5–10 crore | Plots: ₹15,000–20,000/sq. yd Ideal For: HNIs and corporate investors
Luxury Project Spotlight: Homeland Regalia in Sector 77
- Rare 4 BHK luxury apartments with floor areas up to 3,000 sq. ft
- Exclusive access to clubhouses, infinity pools
- Strategic placement in emerging luxury corridors
- Strong appreciation potential due to low supply in premium segments
Buyer Segmentation Guide
| Category | Priority Areas | Budget Range | Smart Moves |
|---|---|---|---|
| First-Time Homebuyer | Sectors 110-111 | ₹2.5–4 crore | Opt for subsidized government plots |
| Portfolio Investor | Aerocity/PR7 Road Corridor | ₹7–15 crore | Pre-launch luxury projects with bank assessments |
| Commercial Operator | Kharar-Banur | ₹1–3 crore land | Purchase near PR7 Road upgrades |
| HNI/Corporate | Sector 88/Wave Estate | ₹10+ crore | Negotiate bulk deals in premium towers |
Why 2025 is the Year to Act
Mohali’s infrastructure push—including PR7 Road expansion, metro integration, and GMADA’s 6,285-acre development—makes these neighborhoods future growth hotspots. Strategic buyers should focus on:
- Land Banking: Acquire plots in New Chandigarh before pricing escalates
- Pre-Launch Projects: Secure luxury apartments in Aerocity 20–30% below market rate
- Rental Plays: Invest in IT City’s mid-range housing for stable 4–6% yields
- Commercial Leverage: Target SME-friendly parcels in Kharar-Banur for flex-space development
Mohali’s emerging neighborhoods offer scalability from ₹50 lakh to ₹50+ crore, catering to diverse investment appetites while benefiting from Punjab’s urban development push.