Estimated reading time: 3 minutes
Introduction
In 2025, Mohali’s real estate market is witnessing a transformation led by two powerhouses – IT City and Aero city. Once peripheral zones beyond Chandigarh’s spotlight, these neighbourhoods have evolved into the core growth engines of Mohali’s property market, attracting both end-users and investors.
Driven by infrastructure, proximity to Chandigarh International Airport, and a wave of new residential and commercial developments, IT City and Aero city Mohali are shaping the city’s next decade of real estate expansion.
1. Market Overview: Mohali’s Emerging Power Corridors
A decade ago, Mohali’s property market revolved around Sectors 66-79. Today, the new investment map is clearly shifting south, toward IT City (Sector 82-83) and Aero city, where GMADA’s master planning and large-scale infrastructure projects are reshaping the skyline.
CityNest Realty Research shows that property demand in IT City and Aero city has surged by 35% year-on-year (2024-25), led by young professionals, NRIs, and corporate buyers. Plots that were once priced at ₹45,000 per sq. yard five years ago now command between ₹1.1-1.4 lakh per sq. yard – a testament to steady appreciation backed by real demand.
Both areas are witnessing record new project launches, including premium residential plots, villas, builder floors, and luxury group housing by reputed developers such as Gillco, JLPL, Hero Homes, and Homeland Group.
2. The Growth Drivers: Why IT City & Aerocity Are Leading
The rise of these two zones isn’t accidental – it’s the outcome of strategic infrastructure, employment generation, and connectivity planning.
a. Airport Proximity
With Chandigarh International Airport less than 10 minutes away, Aerocity has emerged as a preferred location for NRIs and frequent flyers. Many corporates have also established offices nearby, making it ideal for mixed-use development.
b. IT Employment Zone
IT City, covering nearly 1,700 acres, is the region’s technology hub with operational offices of Infosys, Tech Mahindra, and other startups under STPI schemes. The employment magnet effect is boosting residential demand within a 3–5 km radius.
c. PR-7 Airport Road Connectivity
The PR-7 Airport Road, connecting Zirakpur to Kharar, has become Mohali’s new lifeline. It provides seamless mobility across Tricity and ensures that both IT City and Aerocity are well integrated with Zirakpur, Chandigarh, and New Chandigarh.
d. Institutional & Retail Growth
From Ashoka University’s proposed campus to world-class hospitals and retail plazas, the social infrastructure around these areas is maturing fast. Residents no longer need to depend on Chandigarh for premium healthcare, education, or leisure.
3. Price Trends and Buyer Sentiment
CityNest Realty’s analysis indicates a 12-15% annual price growth in these micro-markets since 2023. Independent houses, once available under ₹1.2 crore, now start at ₹1.8 crore and above.
Buyers – especially from Ludhiana, Patiala, and Delhi – are viewing Mohali as a premium but affordable alternative to Chandigarh, with modern infrastructure and better plot sizes.
NRI demand from Canada and the UK has also increased, particularly for residential plots and duplex villas in Aero city.
A local investor from Sector 82 notes,
“Three years ago, I bought a 200 sq. yard plot at ₹80,000 per sq. yard. Today, it’s valued at ₹1.35 lakh – and the buyer interest is constant.”
This reflects a healthy, end-user-driven market, not speculative hype.
4. Lifestyle and Community Evolution
Beyond price appreciation, the lifestyle transformation in IT City and Aero City is remarkable. Wide roads, landscaped parks, 24×7 security, and proximity to airport connectivity make these zones aspirational.
Modern housing typologies – from builder floors in Aero city extensions to smart apartments in IT City – are catering to a new generation of tech professionals. Weekend cafés, co-working spaces, and fitness studios are replacing vacant plots and old layouts, turning Mohali into a self-sustained urban district.
5. Expert Insight – CityNest Realty View
According to CityNest Realty’s market analysis, IT City and Aerocity together will account for over 45% of Mohali’s new project supply by 2026. The blend of employment opportunities, urban planning, and airport-centric infrastructure is likely to keep capital values strong.
“Investors looking for long-term stability and rental yield should prioritize sectors near PR-7 and Airport Road. The next 3 years will be the golden period for capital appreciation in Mohali,”
says a CityNest Realty expert.6. Future Outlook
With the Chandigarh Metro project proposed to extend towards the airport, and GMADA’s Smart City mission projects already underway, the next growth cycle for Mohali is firmly anchored in IT City and Aerocity.
Developers are expected to launch mixed-use projects with co-living and retail components, catering to the evolving urban lifestyle.
For investors and end-users alike, 2025-2028 could be Mohali’s defining real estate decade, powered by the twin engines of IT City and Aero city.
Conclusion
The evolution of IT City and Aerocity Mohali marks the shift of Tricity’s property growth corridor. What began as government-allotted zones has matured into vibrant, self-contained ecosystems driving the future of Mohali real estate.
For anyone exploring investment in Mohali property, these two regions represent the most promising opportunities – where infrastructure meets value appreciation.
CityNest Realty Insight
IT City and Aero city symbolize the new face of urban Punjab – structured, connected, and investment-ready. As demand shifts south, they will remain Mohali’s most dynamic growth engines through the next decade.
Written by CityNest Realty
Why are IT City and Aero city considered Mohali’s top property zones?Because of airport proximity, IT employment, and world-class infrastructure that boost both residential and commercial value.
What is the current price trend in Aero city and IT City Mohali?Prices have risen 12–15% annually, with plots averaging ₹1.1–1.4 lakh per sq. yard as of 2025.
Is it a good time to invest in Mohali real estate?Yes. With Airport Road connectivity, planned metro, and strong buyer sentiment, 2025–2028 is a promising phase for property appreciation.
