Real estate developer Gillco Group has launched Gillco Meraqui, an ultra-luxury residential project in Sector 126, Mohali, along the PR-7 Airport Road. The project involves an investment of Rs 700-800 crore and is expected to generate around Rs 1,200 crore in gross sales over its lifecycle.
Project Details and Pricing
Spread across 12 acres, the development will comprise 444 premium apartments across six towers, offering 3+1 and 4+1-bedroom residences. Of these, 250 apartments have been opened for sale, with prices starting at around Rs 4 crore. The project marks the first independent development under Managing Director Tejpreet Singh Gill's leadership.
Design and Amenities
The project is designed around the theme 'The Greek Art of Living,' drawing inspiration from classical Greek-Roman architecture. Planned amenities include an elite clubhouse, infinity and indoor swimming pools, fitness and wellness facilities, landscaped gardens, sports courts, and high-street retail.
Construction Timeline and Market Confidence
Construction has commenced after obtaining statutory approvals, and the project is expected to be completed within four years, in line with RERA timelines. Gillco Group stated that the development reflects its confidence in the growing demand for premium housing along Mohali's Airport Road corridor, driven by improving infrastructure and connectivity.
