Airport-facing address where Tricity infrastructure meets Punjab's fastest-appreciating real estate market.
Register InterestMohali sits at the heart of the Chandigarh Tricity — the collective term for Chandigarh, Mohali and Panchkula — and its most talked-about stretch is Aerocity, a significant urban development sprawled across 1000 acres near the bustling Chandigarh International Airport, marking it as a prime location. Planned and executed by GMADA (Greater Mohali Area Development Authority), Aerocity Mohali is a 1000-acre development near Chandigarh International Airport, featuring 3950 residential plots, alongside rising apartment towers and villa clusters.
The locality's appeal is anchored in institutional proximity: it's known for its excellent connectivity and proximity to Mohali's IT City and educational hubs like ISB and IISER. This mix of aviation access, IT City jobs, and premier education has made the belt a magnet for NRIs, IT professionals, and long-term investors rather than just speculative buyers.
On the ground, Aerocity is still maturing. The locality is part-residential, part-aspirational — plotted blocks sit alongside rising high-rises, with the airport literally visible from upper floors, roads wide and parks maintained. Civic infrastructure is catching up fast, with GMADA's internal road and utility works progressing steadily across the estate.
Price appreciation has been the standout story. Apartment prices currently sit in the range of ₹7,400–₹10,350 per sq ft, with land rates running at ₹12,400–₹16,100 per sq ft reflecting scarcity of GMADA-allotted plot inventory. Over the medium term, 1-year appreciation on apartments stands at +15.7%, with a 3-year gain of +52.8%, while land has moved up +46.1% in one year and +70.9% over three years.
Mohali's Aerocity belt is built around a single defining artery — the airport road — with fresh highway and expressway upgrades reshaping travel times across the Tricity.
Within a 5-6 km radius of the airport corridor, residents get access to established Tricity institutions, hospitals, and retail — with more social infrastructure arriving as GMADA's civic works mature.
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