Gillco Meraqui — Ultra-Luxury Residential Project on PR-7 Airport Road, Sector 126, Mohali

Developer and Location

Gillco Group unveiled Meraqui, an ultra-luxury residential development on PR-7 Airport Road in Sector 126, Mohali. Gillco Group has officially commenced construction on its ultra-premium residential development, 'Meraqui', located along the prestigious Airport Road corridor in Mohali. The site sits on the Airport Road growth corridor that runs adjacent to the GMADA-administered Greater Mohali/New Chandigarh expansion area, near Mohali International Airport, though Meraqui itself is a private freehold launch rather than a GMADA-allotted plot.

Land Parcel and Product

Spread across 12 acres of clear titled land, Gillco Group's latest project has been conceived as a landmark residential address. The project occupies 12 acres and comprises 444 premium residences in six towers with three plus one-bedroom and four plus one-bedroom layouts. One separate report on the same project instead cites a smaller footprint of roughly 7 acres and a lower entry price point, indicating some variance in figures circulating across sources as of July 2026.

The development offers spacious 3+1-bedroom and 4+1-bedroom configurations, supported by landscaped greens, wellness-led amenities, sports and leisure spaces, an elite clubhouse, and a premium high-street retail component designed to serve everyday convenience needs while preserving the project's exclusive residential character. Planned amenities include an elite clubhouse, infinity and indoor swimming pools, fitness and wellness facilities, landscaped gardens, sports courts and high-street retail. Among its standout amenities, Meraqui will host the Tricity region's largest jogging track set within landscaped greens.

Sales Release and Pricing

Of the total 444 residences, 250 have been opened for sale. Of the 444 apartments, 250 have been opened for sale, with prices starting at around ₹4 crore. A separate report on the construction-commencement stage of the same project cited units starting at ₹2.66 crore, positioned at the premium end of the Airport Road corridor market. Per-square-foot pricing has been reported at about Rs 11,500 in one construction-industry account. Buyers should treat headline prices as indicative and confirm current unit-wise pricing directly with the developer or an authorised channel partner.

Investment and Financials

The project marks the first independent development under Managing Director Tejpreet Singh Gill's leadership and is expected to involve an investment of ₹700-800 crore and generate around ₹1,200 crore in gross sales over its lifecycle. A related press report described the outlay as an INR 800 crore... premium residential project spread across 12 acres on PR-7 Airport Road in Sector 126, Mohali.

Status and Timeline

Gillco Group officially commenced construction on its ultra-premium residential development, 'Meraqui', on May 24, 2026. Public unveiling/marketing coverage of the project appeared as of Chandigarh/Mohali, July 8, 2026. Construction has commenced after receiving statutory approvals, and the project is expected to be completed within approximately four years, in line with RERA timelines. No specific Punjab RERA registration number for Meraqui was found in available sources as of July 2026; buyers are advised to verify the registration directly on the Punjab RERA portal before transacting, as recommended by independent commentary on the project. Standard pre-possession due diligence applies: verify the Punjab RERA registration number and check project status on the RERA portal.

Design Theme and Positioning

The project has been designed around the theme "The Greek Art of Living", drawing inspiration from classical Greek-Roman architecture. Inspired by the Greek idea of Meraki, which is the process of putting one's soul and passion into what one creates, Meraqui has been envisioned as a residential experience where architecture, interiors, landscape, and lifestyle come together with intention. Gillco Meraqui is positioned as an ultra-luxury address with pricing from approximately ₹4 crore, aimed at high-income end-users and NRI buyers rather than budget investors.

Developer Track Record

Founded in 2001, Gillco Group has built a legacy rooted in trust, disciplined growth, and long-term value creation, having delivered residential, commercial, and industrial developments across the region, with a track record that includes 17+ delivered projects, 43 million square feet delivered, and 6,000+ happy families. Meraqui is not the developer's first project on this stretch of Airport Road; Gillco previously delivered the Gillco Parkhills project in the same corridor, according to a regional real-estate news outlet covering the Mohali Aerotropolis area.