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Infosys Limited has confirmed it will invest ₹300 crore to set up a new campus in Mohali, marking a major boost for Punjab’s technology and real estate sectors. Punjab Industry Minister Sanjeev Arora announced the project on Thursday, saying the development would cover 30 acres of land in the city.

In the first phase, the company will construct 3 lakh square feet of office space and create about 2,500 jobs. The second phase will expand the site further with 4.8 lakh square feet of new space. Infosys said the project reflects its long-term commitment to northern India and its confidence in Mohali as a future technology hub.

Industry experts believe the Infosys Mohali campus investment will have a strong impact on the city’s housing market. As new employees move into the region, demand for apartments, independent floors, and township homes near the campus is likely to rise. Developers already active in Sectors 82 to 98 expect the project to push residential sales higher over the next few years.

Minister Arora said Punjab’s policies have played a role in attracting the investment. He noted that approvals for industrial projects are now being granted within 45 days, a timeline designed to reassure investors and cut red tape. According to him, the state’s proactive stance has helped Punjab compete with larger hubs in India for technology-led growth.

Infosys executives said the Mohali campus would be built with sustainability in mind. Although design details have not yet been released, the company has a track record of using energy-efficient building practices across its campuses in Bengaluru, Pune, and Hyderabad. Observers expect the Mohali facility to include green certification features, flexible workspaces, and advanced digital infrastructure.

The announcement adds momentum to Mohali’s push to become an IT destination. The city has already attracted several technology and service firms, thanks to its proximity to Chandigarh and access to a skilled workforce from Punjab, Haryana, and Himachal Pradesh. Analysts note that Mohali real estate is benefiting as professionals seek homes in well-planned sectors with good road links and modern facilities.

The employment impact of the Infosys Mohali campus investment is also significant. With 2,500 jobs expected in the first phase alone, the project offers opportunities for both fresh graduates and experienced professionals. The second phase is likely to expand employment further, placing Infosys among the largest IT employers in Punjab.

Local businesses in retail, hospitality, and transport are expected to benefit as well. Experts say that large-scale corporate campuses often create a ripple effect, boosting small enterprises and support services. Mohali’s restaurants, hotels, and rental markets could see steady growth once construction is completed and employees start operations.

Real estate analysts believe the announcement will also strengthen buyer confidence in Mohali. Integrated townships and premium residential projects under construction in the area are already highlighting proximity to IT zones as a key selling point. With Infosys joining the city’s corporate landscape, that marketing strategy gains more credibility.

Punjab’s broader economic strategy is aimed at diversifying beyond agriculture and traditional industries. Government officials have said that a stronger IT base could generate sustainable employment while also drawing long-term real estate investments. The Infosys Mohali campus investment, they argue, is a milestone in that direction.

Construction of the first phase is expected to begin soon. While timelines remain subject to regulatory and logistical factors, Infosys has indicated confidence in meeting its delivery goals. The company said the Mohali site is part of its national strategy to spread operations more evenly across India and reduce over-dependence on a few metropolitan hubs.

For residents, the project could reshape Mohali’s identity. Once seen primarily as a satellite of Chandigarh, the city is increasingly being recognized as a destination in its own right. With growing infrastructure, expanding housing, and now a major Infosys campus, Mohali is positioning itself as a center of both employment and lifestyle opportunities.

The full impact of the investment will unfold in the coming years. For now, the announcement sends a strong signal that Mohali real estate and the wider Punjab economy are gaining traction with major corporate investors.