Is M3M launching a project in Mohali?

Yes, M3M Mohali is an upcoming residential development offering 2, 3 and 4 BHK apartments, marking the developer's entry into Punjab's Tricity market.

Where is M3M Mohali located?

The project is positioned near Sector 82 and IT City, close to Airport Road, giving residents proximity to government offices, corporate hubs and Chandigarh International Airport.

What is the current price range for property in Mohali?

Rates vary widely by sector, from around Rs 4,300/sqft in affordable areas like Sector 124 to Rs 10,000-16,000/sqft along premium stretches such as Airport Road.

Which are the best-performing localities for price growth in Mohali?

Sector 108, Sector 109 and Sector 114 have recorded the highest three-year price appreciation in the city, driven largely by PR7 and airport corridor connectivity.

Is Mohali RERA registered for new projects?

Punjab RERA enforcement has matured significantly, and new launches including M3M Mohali are expected to register under Punjab RERA as part of standard compliance before possession timelines are announced.

How far is Mohali from Chandigarh International Airport?

Most premium GMADA sectors, including those near IT City and Aerocity, are 10 to 20 minutes from Chandigarh International Airport, making airport proximity a key value driver.

What rental yields can investors expect in Mohali?

Yields vary by locality, with areas like Sector 124 and Guru Teg Bahadur Nagar offering some of the highest returns, while established townships like Dhakoli offer more modest but steady yields.

What infrastructure projects are boosting Mohali's real estate market?

The PR7 Peripheral Road, the IT City-Kurali expressway, GMADA's Aerotropolis masterplan and a proposed metro extension to IT City are the primary infrastructure drivers reshaping the market.

Is Mohali a good option for IT professionals and NRIs?

Yes, IT City's expanding employer base and the city's growing international air connectivity have made Mohali increasingly attractive to both working professionals and NRI investors.

What configurations does M3M Mohali offer?

M3M Mohali offers 2, 3 and 4 BHK apartments designed with modern layouts, natural ventilation and Vastu-aligned planning.

M3M Mohali: Real Estate Market Guide 2026

Mohali has moved past its identity as a Chandigarh satellite town and is now being positioned as a standalone growth market. In 2026, the city is undergoing a dramatic transformation as expressway-led infrastructure officially replaces traditional proximity as the primary driver of property value, with its evolution described as the emergence of a standalone "Silicon Valley of Punjab". This shift is being driven by large public infrastructure spends, institutional land auctions, and a maturing IT employment base rather than short-term speculation.

Demand fundamentals have strengthened considerably around the airport and IT corridors. Central to this growth is the PR-7 Airport Road and regional connectivity upgrades, which have integrated once-peripheral sectors into the mainstream urban fabric, while corridors like the Mohali IT City–Kurali Expressway have cut commute times sharply, pulling in early-stage investors. Market reports for April 2026 note that these connectivity improvements have directly translated into a property price appreciation of 15-25% over the past two to three years.

The city's growth is no longer confined to a speculative phase. Analysts describe the broad pattern across Mohali, Zirakpur, New Chandigarh and Kharar in 2026 as a shift from the sharp, speculative-feeling appreciation of 2022–2024 into a steadier, fundamentals-driven phase, with prices in established sectors stabilising and the next leg of growth expected to track infrastructure completion and genuine end-user demand. Developers with a national footprint, including M3M, have entered the market to capture this transition, bringing branded residential product to a city long dominated by regional builders.

Institutional confidence is visible in land sale outcomes as well. In March 2026, GMADA's own land auction sold 37 of 42 sites for ₹3,136.97 crore, 55% above the government's own reserve price, with one Sector 68 pocket going 228% over reserve. Such results underline sustained investor appetite for GMADA-planned sectors along the airport and IT corridors.

Mohali's biggest structural advantage is the PR7 Peripheral Road, a ring road connecting all major sectors to Chandigarh, Zirakpur, Panchkula, and New Chandigarh. The Chandigarh International Airport sits just off NH-7 and connects the Tricity to 30-plus direct destinations, including Dubai, London, and Toronto, making it a genuine draw for both end-users and NRI investors. The IT City–Kurali stretch of a new 31-km six-lane expressway under Bharatmala Pariyojana became functional in December 2025, cutting congestion on Airport Road and improving access to Punjab and Haryana.

Longer-term upgrades are also underway. GMADA's approved Aerotropolis masterplan, spanning 2,490 acres, makes Mohali one of only a handful of Indian cities with a dedicated airport-centric development zone, while a proposed metro extension connecting Chandigarh city to the airport via the IT City corridor has completed its feasibility study and awaits central approval. Alongside this, IT City's ongoing Phase 2 expansion continues to draw new employers, deepening the rental tenant pool for residential projects across the surrounding sectors.