Chandigarh retains top ranking as North India's premier real estate investment destination, offering structured development, 8-12% annual returns, and stable appreciation in key sectors.
Greater Mohali Area Development Authority initiates extensive e-auction of 156 premium properties across SAS Nagar and New Chandigarh, featuring diverse real estate options with attractive payment plans.
ONE Group Developers commits ₹1200 crore investment in Mohali over two years, developing 800+ residential units, commercial mall, and luxury housing projects across prime sectors.
A 0.84-acre commercial site in Mohali's Sector 68 near NIPER sold for ₹83 crore in PUDA's e-auction, attracting 25 competitive bids and setting new benchmarks.
Punjab raises External Development Charges (EDC) by up to 100% for new projects starting April 2025. The move targets booming areas like Mohali, Jalandhar, and Ludhiana to boost state revenue amid a real estate surge.
Mohali's real estate market shows rising appeal with robust infrastructure, luxury housing demand, and IT hubs driving long-term ROI opportunities for investors. Rapid development, strategic connectivity, and NRI investments position the city as Punjab's prime destination for residential and commercial growth.
Mohali's residential real estate market shows robust growth driven by infrastructure upgrades and strategic development, defying global downturns with rising demand and high ROI through IT hubs, smart cities, and luxury housing projects.
The SC-appointed Lodha Committee flags illegal sales of 50 plots in Mohali's Sector 104 linked to the ₹48,000 crore Pearl Scam. Sold at one-third market value without proper registration, these transactions involve influential figures.
Mohali's real estate market experiences 9.9% YoY price surge, reaching ₹7,239/sqft. Prime sectors 79 & 85 deliver 80% appreciation since 2022, driven by infrastructure upgrades and IT sector expansion.
GMADA's record-breaking auction of 368 properties earned ₹1,986.82 crore in March 2025. Strategic buys included an 18,223 sq m Aerocity mixed-use site and a prime Sector 68 commercial plot. Repeated bidding for unsold properties from prior auctions reflects shifting investor confidence.
Chandigarh's administration announces ₹2.73 billion infrastructure development projects for FY 2025, including 600 government housing units and a new Police Training Centre, expected to drive real estate growth in Mohali and surrounding areas.
GMADA is conducting a major e-auction for ₹2,000 crore worth of group housing sites, commercial plots, and institutional properties in Mohali/New Chandigarh from March 12–22, 2025, offering diverse investment opportunities.
The Greater Mohali Area Development Authority (GMADA) demolished 40 unauthorized under-construction structures in Nayagaon's Karoran village to enforce urban regulations and curb illegal development, emphasizing planned growth in the Mohali region.
Mohali's rental market thrives as tenants increasingly favor fully furnished apartments near educational hubs, driving premium pricing in key areas like Sector 70 and Phase 3B2.
Mohali's IT City Project attracts major tech firms like Infosys and Tech Mahindra, driving demand for residential and commercial real estate to support industry expansion.
Mohali's real estate market attracts NRIs through RERA reforms and streamlined services, offering luxury homes and smart offices with end-to-end dealer support.
Punjab Government Announces New Real Estate Policy by December; Focuses on Infrastructure and Power Sufficiency
Property prices in major Indian cities have surged, but new developments in areas like Rudrapur and Mohali show growth potential amidst a changing market landscape.
Sarovar Hotels & Resorts aims to add 100,000 rooms by 2012, expanding its portfolio with 33 new hotels across various brands, including budget-friendly Hometels and apartment hotels.
Suncity Projects announces plans to develop four retail cities in India by 2011, with an investment of Rs 2,000 crore.
Emaar to invest $150 million in three Emaar MGF projects, marking the first major fund infusion since a failed IPO. This equity stake will be in separate SPVs developing retail and office properties in Gurgaon and Mohali.
Vishal Retail is venturing into real estate, aiming to acquire 1 crore sq ft in 3 years for retail expansion and new projects. The initiative is expected to launch later this year or early next year.
Suncity Projects plans to invest ₹15,000 crore in developing 'Jewel of India' mega-malls across six cities, featuring unique ethnic product spaces.