Mohali, Chandigarh — Live on Punjab's Aerocity Growth Corridor

Airport-facing address where Tricity infrastructure meets Punjab's fastest-appreciating real estate market.

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Why Mohali's Aerocity Belt Is Tricity's Growth Engine

Mohali 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.

Connectivity: Airport, Highways & the New Expressway

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.

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Schools, Hospitals & Landmarks Near Mohali's Aerocity Belt

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.

01Manav Rachna International SchoolAerocity, Mohali
02Rudra International SchoolAerocity, Mohali
03Brilliance World SchoolNear Aerocity belt
04Fortis Hospital, Mohali~15-20 min drive
05Max Super Speciality Hospital~20 min drive
06ISB & IISER MohaliKnowledge City, ~15 min drive
07Punjab Cricket Association Stadium6.9 km / 8 min drive
08Elante Mall~12.3 km / 13 min drive

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Specifications & FAQ

What is the current price range in Mohali's Aerocity corridor?
Flats are priced between roughly Rs 7,400-10,350 per sq ft depending on tower and phase, while GMADA plots command Rs 12,400-16,100 per sq ft due to limited inventory. Premium branded towers can command higher rates.
How far is Aerocity from Chandigarh International Airport?
Aerocity is the airport-facing frontier of Mohali, built along the 200-ft PR-7 Airport Road that runs directly past the terminal. Most blocks are a 5-10 minute drive from the airport gate.
Is metro connectivity available in Mohali yet?
No. A Chandigarh-Mohali metro along the Airport Road corridor has been discussed for years but remains at the planning and approval stage as of 2026. Buyers should treat it as a future upside, not a decision factor today.
Which authority governs development in this locality?
GMADA (Greater Mohali Area Development Authority) plans and executes Aerocity, including internal roads, parks, and utility networks, with civil infrastructure work by Larsen & Toubro.
What connectivity upgrades are coming to the area?
The Chandigarh-Ambala Greenfield Expressway's Mohali-Kurali package opened in December 2025, easing congestion on Airport Road, with the remaining stretch to Ambala targeted for 2026 completion.
Are there good schools and hospitals near Aerocity?
Yes. Schools like Manav Rachna International and Rudra International sit within the belt, while Fortis and Max Super Speciality Hospitals are a short drive away, alongside proximity to ISB and IISER.
Does M3M have a project in Mohali?
Yes, M3M Mohali is an upcoming residential development offering 2, 3, and 4 BHK apartments planned for around 1,400 families. Possession timelines and RERA registration are yet to be formally announced.
Is Mohali a good long-term investment compared to Chandigarh city?
Mohali's Aerocity belt has shown stronger recent appreciation than older Chandigarh sectors due to airport proximity, GMADA's active development, and lower entry prices, though it is still building out its social infrastructure.
What is the rental demand like in this locality?
Rental yields remain modest for now as the area develops density, but demand is rising from IT professionals and NRI families drawn to the airport-adjacent, planned-township format.
How is Mohali connected to Zirakpur and Panchkula?
Airport Road links directly south to Zirakpur and the Patiala Highway, and the Tricity's internal road network connects onward to Panchkula, making cross-town commutes straightforward.

Provided for information only. Not an offer, solicitation, or contract. Specifications, pricing, and timelines are subject to change without notice. Verify all data independently prior to any decision. About · Projects