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• Gillco Group will invest INR 800 crore to develop Gillco Meraqui, a premium residential project spread across 12 acres on PR-7 Airport Road in Sector 126, Mohali.
• The development will comprise 444 luxury apartments across six high-rise towers, offering spacious 3+1 BHK and 4+1 BHK residences with a focus on premium amenities and design.
• The project is positioned along one of the Tricity region's fastest-growing corridors and is expected to cater to rising demand for high-end housing in Mohali.
• Gillco Group said the investment reflects its long-term expansion strategy and confidence in the sustained growth of Punjab's residential real estate market.
Gillco Group has announced an investment of INR 800 crore to develop Gillco Meraqui, a premium residential project in Sector 126, Mohali, marking one of the company's largest luxury housing developments in the Tricity region. The project will be developed on a 12-acre land parcel along the strategically located PR-7 Airport Road, an emerging residential and commercial corridor.
The development will feature 444 premium residences spread across six high-rise towers, offering spacious 3+1 BHK and 4+1 BHK apartments. Designed as a luxury residential community, the project incorporates contemporary architecture, landscaped open spaces and a range of lifestyle amenities aimed at catering to the evolving preferences of homebuyers seeking larger, premium living spaces.
According to the developer, Mohali's improving infrastructure, enhanced connectivity and growing economic activity continue to strengthen demand for organised residential developments. The location along PR-7 Airport Road provides connectivity to Chandigarh, the international airport and other key destinations across the Tricity region, making it an attractive investment and residential destination.
Gillco Group stated that the project forms part of its broader growth strategy to expand its presence in Punjab's premium housing segment while responding to increasing demand for high-quality residential developments. The company also highlighted its focus on design-led planning, quality construction and modern urban living as key elements of the project.
The investment reflects continued confidence in the Mohali residential market, which has witnessed sustained interest from both end-users and investors amid ongoing infrastructure upgrades and rapid urban expansion. With the launch of Gillco Meraqui, the developer aims to strengthen its portfolio in the region while contributing to the growing supply of premium housing in the Chandigarh-Mohali urban corridor.
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