GB Realty Jacob & Co Residences in Mohali's Tricity: Upcoming Branded Project on Airport Road

What has been announced

GB Realty announced the project on 25 October 2026, a day after a launch event on Saturday, 24 October 2026. Press reports describe it as Punjab's first branded residences development, built in collaboration with Jacob & Co., the global luxury watchmaking and high-jewellery brand founded by Jacob Arabo in New York in 1986.

The project is tied to an association with Bollywood actor Salman Khan. Reports of the launch say he did not attend the event. The developer's own description positions the project as its entry into the branded residences segment.

Towers, configurations and size

The developer describes the project as luxury apartments of 3, 4 and 5 BHK spread across about 5.5 acres in Sector 118. Five towers are planned: two carrying the Salman Khan Residences branding and three associated with Jacob & Co. One media report refers to six towers, so the count should be read against later official filings.

One third-party listing also shows 2+1, 3+1 and 5+1 types, with the final mix to be confirmed by the developer. Carpet and super area by unit type have not been published.

Price and payment

The developer has said pricing, floor plans and final specifications will be updated once officially announced. A broker listing cites a starting price of Rs 4 crore for super luxury apartments at Airport Road, Mohali, with a status of pre-launch. Buyers should treat that figure as a listing claim rather than a developer price sheet.

One listing names an Easy Payment Plan. Stage-wise schedules, booking amounts and any current offers have not been announced.

Approvals and RERA

The project is not yet registered under RERA. The developer's site says RERA details will be updated once officially announced, and one third-party page lists registration as coming soon. Buyers should check the Punjab RERA portal for the registration number and approved sanctioned plans before committing money. A RERA number seen on other GB Realty pages belongs to a different project and should not be read as applying here.

Land has been reported as acquired through an authority auction, with some reports giving a larger area of about nine acres for nearly Rs 550 crore. The 5.5-acre figure is the one the developer and Tribune use.

Location and connectivity

Sector 118 sits on Airport Road, the PR-7 corridor linking Chandigarh and Mohali. The developer gives these approximate distances: Chandigarh International Airport about 15 km, Mohali Junction railway station about 10 km, MBD Mall and Wave Mall about 10 km, and Maharaja Singh PCA Stadium about 15 minutes by car.

The Mohali Airport Link Road, an 8.5 to 8.7 km dual carriageway, runs parallel to Airport Road and connects to the airport and High Ground Road, Zirakpur. GMADA had targeted 15 June 2026 for its completion after missing a December 2025 deadline, and its completion is yet to be reported.

Infrastructure in the corridor

The Mohali IT City to Kurali expressway, 31.23 km long with six lanes, has been reported as open. The Mohali-Sirhind Expressway, a 135 km NHAI corridor under Bharatmala Pariyojana, has a first phase reported as nearly 80% complete, with an opening targeted for the end of 2026.

The Chandigarh Metro extension through Airport Chowk and Aerocity NH-7 Junction is proposed and is not operational. As of June 2026 it remained at the proposal and discussion stage, with no final sanction reported. Aerotropolis micro-markets near the airport are expected to become operational in 2027-28, according to one source.

Local market context

Undated listing data puts Sector 109 in Mohali at about Rs 7,650 per sq ft and Sector 110 at about Rs 5,050 per sq ft. Rental yield guides from June 2026 put Aerocity commercial space at 4 to 6%, IT City residential and commercial at 3 to 5%, and Sector 66 residential at 3 to 4%.

GB Realty's earlier project, The Pinnacle in Sector 83A, Mohali, has indicative pricing of about Rs 10,500 per sq ft, which moves with construction stage. Nearby branded and luxury projects on Airport Road and in Sector 88 have been listed from about Rs 1.5 crore to Rs 3.35 crore, according to broker listings.

Developer background

GB Realty was co-founded in 2024 by Gurinder Bhatti and Puneet Khanna. The company says it has more than 18 acres under development across New Chandigarh and Mohali. Its current portfolio includes Opus One in Eco-City 2, New Chandigarh, The Pinnacle in Sector 83A, Mohali, and First Avenue in Aerocity, Mohali.

The company has said it plans to invest about Rs 2,400 to 2,500 crore in this project, including over Rs 1,000 crore for land. Over five years it aims to take cumulative investment to about Rs 10,000 crore, with around Rs 3,500 crore for luxury and ultra-luxury residential work.

Amenities as announced

The developer lists a gymnasium, swimming pool, jogging track, yoga and meditation centre, clubhouse, multipurpose hall, car parking and amphitheatre. It also lists 24x7 security, CCTV, power backup, smart access systems and landscaped gardens as expected features. The developer says the full amenity list is yet to be announced, and sizes for the clubhouse and other facilities have not been given.