Aerocity, Mohali

Aerocity is a sprawling 1,000-acre development strategically located near the Chandigarh International Airport, developed and managed by the Greater Mohali Area Development Authority as a premium integrated township. The layout comprises 3950 residential plots spread across lettered blocks along both sides of the road, with civil infrastructure such as roads, water supply and electrical systems developed by Larsen & Toubro, featuring well-planned roads, reliable water supply and efficient electrical systems.

What sets Aerocity apart from Mohali's other developing pockets is its planning discipline. Residents and buyers consistently point to properly planned infrastructure - wide roads, underground wiring, drainage systems and green belts that give it a clean, organized, uncongested look. The township also blends residential and commercial spaces, with houses, showrooms, offices and daily-need shops nearby, keeping the area active and convenient.

Aerocity has moved well past its plotted-land origins. It is today a significantly developed township with active residential occupancy, commercial markets, schools, hospitals, and hospitality establishments, backed by a 350+ plot resale market with an active secondary transaction environment. This commercial maturity is reinforced by large-format retail developments such as Mohali City Centre, positioned as the largest commercial hub in Tricity, located in Aerocity on the International Airport Road.

On pricing, the locality has shown consistent upward movement. Flat prices in Aerocity are in the range of Rs 7,800-9,850 per sq ft, while land rates run around Rs 14,400-18,650 per sq ft, and flat rates have changed by 14.9% in the last 1 year, 40.5% over 3 years and 105.8% over 5 years, making it one of the stronger appreciation stories in the Tricity real estate market.