If you are searching for property in IT City Mohali, you are looking at the most employment-driven, most professionally vibrant real estate address in the entire Chandigarh Tricity. IT City Mohali — centred on Sector 82 and spreading into Sectors 83, 84, 85, and 88 — is home to the region’s largest concentration of IT parks, MNC campuses, and premium residential communities. It is the address where Tricity’s working professionals actually want to live.

This guide covers everything you need to make a fully informed buying decision — from what makes IT City different, to current property prices by type, to legal steps, builders, and ROI data. Written and verified by Manindar Verma (RERA: PBRERA-CHD04-REA0390), with 15+ years of ground-level experience advising buyers across Mohali and Tricity.

IT City Mohali — Quick Facts at a Glance

What is IT City Mohali? About Sector 82 & the IT Corridor

IT City Mohali is a GMADA-planned mixed-use township that was conceived as Punjab’s flagship information technology and knowledge economy zone. The master plan identified Sectors 82 through 90 as the dedicated IT corridor, with the intent of attracting technology companies, creating high-quality employment, and building a self-sufficient residential ecosystem around that employment base.

The vision worked. Today, IT City Mohali is home to some of the biggest names in Indian and global technology:

• Infosys — One of the largest campuses in North India, spanning hundreds of acres in Sector 82
• Quark Media House — Pioneer IT employer in Mohali, established early in the corridor
• DLF IT Park, Mohali — Premium Grade-A office space anchoring the corridor’s commercial value
• HCL Technologies — Major campus operations in the IT belt
• Steria (now Sopra Steria) — European IT major with a Mohali development centre
• Dozens of mid-size IT, BPO, ITES, and startup companies in business parks across Sectors 82–88

The residential development in and around IT City grew organically in response to this employment. Builders recognised that professionals working in IT City wanted quality housing within a short commute — and began launching premium apartments, builder floors, and villa projects across Sectors 82, 85, 88, and the adjacent PR-7 corridor. Today, IT City has one of the most mature and liquid residential markets in all of Mohali.

Key Milestones in IT City Mohali’s Development

• GMADA IT City conceptualised as part of Greater Mohali Master Plan
• Infosys Mohali campus established — became the anchor employer and a signal of confidence to other MNCs
• DLF IT Park, Mohali launched as the region’s first Grade-A commercial park
• PR-7 Airport Road widened — dramatically improving Sector 82 connectivity
• Premium residential builders — Marbella, Tdi, Omaxe, SS Group, and others — entered the market
• Metro corridor planning includes IT City as a future station zone
• Property prices appreciated 110–130% over the last five years

Why Invest in Property in IT City Mohali?

There are many locations in Mohali, and even more where builders and agents will try to sell you land. IT City stands apart for reasons that are structural, not speculative. Here are the factors that make IT City Mohali property a sound investment in 2026:

1. Employment-Driven Demand — The Most Durable Foundation

Property demand ultimately comes from people who need to live somewhere near where they work. IT City has 50,000+ IT professionals working within or adjacent to the corridor. These are high-income earners who can afford and want quality housing. As long as the IT sector operates in Mohali — and it is growing — housing demand here is structurally supported in a way that speculative land in emerging sectors simply cannot match.

2. Highest Rental Yield in Mohali

IT City consistently records the highest rental yield among all Mohali locations — averaging 3–4% per annum on residential property. A well-located 3 BHK flat near the IT parks rents for ₹25,000–₹40,000 per month. For investors who want both income and appreciation, this dual return profile is rare in Indian real estate.

3. GMADA Planning — Infrastructure You Can Rely On

IT City is a GMADA-planned township, which means wide roads, underground utilities, designated green zones, and controlled development density. Unlike private colonies where builders overdevelop whatever they can get away with, GMADA’s framework limits density and ensures public infrastructure is built to plan.

4. Premium Buyer and Tenant Profile

The people buying and renting in IT City are technology professionals, corporate managers, and senior executives. This means lower default risk for investors, higher rental values, and better maintenance of the residential ecosystem. Properties here attract and retain value better than those in areas with mixed or lower-income buyer profiles.

5. Strong Appreciation History and Forward Momentum

IT City Mohali properties have appreciated 110–130% over five years. The forward drivers — Aerotropolis development nearby, metro planning, continued IT sector growth — suggest the corridor will sustain 10–14% annual appreciation through 2030.

6. Proximity to Aerocity and Airport

IT City is just 8 km from Aerocity and 10 km from Chandigarh’s international airport. As the wider Airport–IT City–Aerocity corridor develops, properties in Sector 82 and nearby sectors benefit from the combined halo effect of all three premium zones.

Infrastructure & Connectivity of IT City Mohali

Road Connectivity

IT City Mohali sits at a strategic road intersection. The PR-7 Airport Road is the primary spine — a wide, well-maintained road that connects IT City directly to Chandigarh city on one side and the airport on the other. Sector 82 also has wide internal roads and sector crossings that make intra-IT-City movement smooth even during peak hours. The National Highway network is accessible within 10–12 minutes via multiple routes.

PR-7 Airport Road — The Lifeline of IT City

PR-7 is a six-lane arterial road that connects Mohali’s IT corridor to both Chandigarh and the airport. It is lined with commercial establishments, petrol pumps, service centres, and increasingly upscale retail — making it not just a commuting road but a functional lifestyle corridor. Properties with PR-7 frontage or within 500 metres of it command a measurable premium.

Metro Connectivity — Planned

The proposed Chandigarh Metro project, if executed as planned, is expected to include a station in the IT City corridor. A metro connection would be a massive demand driver for IT City property — reducing the last-mile commute for professionals working there and making mid-range apartments significantly more attractive to a broader buyer pool. Watch this development closely — metro station announcements historically generate 15–25% price appreciation in adjacent residential zones.

Upcoming Infrastructure Catalysts

• Delhi–Chandigarh Expressway (cuts Delhi travel time to under 3 hours) — benefits entire Mohali corridor
• GMADA Aerotropolis development (commercial + hospitality township adjacent) — adds commercial gravity to the wider zone
• Sector 88 and 91 development — extending the IT City footprint southward
• Road widening and underpasses in progress at key Sector 82 intersections

Residential Property in IT City Mohali

The residential market in IT City Mohali is among the deepest and most active in all of Tricity. Unlike some locations that are strong in only one segment, IT City offers genuine diversity — luxury apartments, builder floors, villas, and plots — which gives buyers of all budgets and preferences a legitimate option here.

Residential Supply Overview

• 200+ apartment and flat units across organised premium housing societies
• 400+ builder floors and independent floors across Sector 82 and nearby sectors
• 100+ villas and independent houses in gated and semi-gated communities
• Residential and commercial plots in GMADA-allotted and developer-created schemes
• Multiple RERA-registered projects across all price points — from ₹75 lakh to ₹7 crore+

Buyer Profile in IT City Mohali

Luxury Flats in IT City Mohali — 2 BHK, 3 BHK, 4 BHK & Penthouses

Luxury flats in IT City Mohali are not comparable to a standard apartment anywhere else in Mohali. The buyer profile here — senior IT professionals, corporate managers, and HNI families — means that builders who enter this market are compelled to deliver clubhouses, swimming pools, landscaped courtyards, concierge services, and high-quality construction. Mediocre projects do not survive in IT City because the tenants and buyers have better options.

2 BHK Flats in IT City Mohali

2 BHK apartments in IT City are primarily investor purchases — they are rented out to young IT professionals and working couples. Sizes range from 900 sq ft to 1,350 sq ft super area. Prices start at approximately ₹60 lakh and go up to ₹90 lakh for a 2 BHK in a premium project. Monthly rents are in the ₹15,000–₹22,000 range, giving investors a reasonable yield relative to entry cost.

3 BHK Flats in IT City Mohali

This is the most in-demand segment in IT City. Families of IT professionals want a 3 BHK that is large enough for comfortable living, in a society with good amenities and security. Super area ranges from 1,400 sq ft to 2,200 sq ft. Prices range from ₹85 lakh to ₹2 crore depending on the project, floor, and facing. Monthly rent for a 3 BHK flat in IT City is ₹25,000–₹40,000. For a detailed listing, visit our 3 BHK Flats in Mohali page.

4 BHK Luxury Apartments in IT City Mohali

4 BHK apartments in IT City cater to senior executives, department heads, and families wanting premium space. Super area typically runs from 2,000 sq ft to 3,500 sq ft. Price range is ₹1.5 crore to ₹5 crore. These units in top projects like Marbella Grand feature Italian marble flooring, modular kitchens, 3-level parking, and resort-style amenities. Monthly rents can reach ₹50,000–₹80,000 for furnished 4 BHK units near IT parks. See our 4 BHK Flats in Mohali page for available options.

5 BHK & Penthouses in IT City Mohali

The top tier of IT City’s apartment market — 5 BHK luxury units and penthouses with private terraces — starts at ₹4 crore and can go significantly higher for duplex penthouses in marquee projects. These are rare, bespoke units that appeal to founders, CXOs, and ultra-HNI buyers who want space and exclusivity without moving into a standalone villa.

Apartments in IT City Mohali — Ready-to-Move & Under Construction

Ready-to-Move Apartments in IT City

Ready-to-move apartments are the preferred choice for IT professionals who need immediate possession and cannot or do not want to wait for construction. The good news is that IT City Mohali has a healthy supply of ready-to-move apartments across multiple price points. These are largely second-owner or resale units from projects completed between 2018 and 2024. Buying ready-to-move eliminates construction risk entirely and lets you start earning rent or move in immediately.

Key advantages of ready-to-move apartments in IT City: immediate possession, no GST applicable (only stamp duty), ability to physically verify what you are buying, and immediate rental income for investors. The trade-off is that prices are higher than equivalent under-construction units.

Under Construction Apartments in IT City Mohali

Under-construction apartments in IT City from RERA-registered builders offer a lower entry price — typically 15–25% below equivalent ready-to-move values — in exchange for a possession wait of 18 to 36 months. For buyers who do not need immediate possession, this is a meaningful price advantage.

The absolute requirement here is RERA verification. Any under-construction project you consider must be registered on the Punjab RERA portal. Do not invest in under-construction projects without this check. Contact Royals Property Consultant for a curated list of RERA-registered under-construction options in IT City Mohali — we filter out problematic projects before showing you anything.

Premium Apartments in IT City — What Amenities to Expect

• Gated entry with 24/7 security and CCTV surveillance
• Clubhouse with gymnasium, indoor games, party hall
• Swimming pool (often with separate kids’ pool)
• Landscaped gardens and jogging track
• Multi-level covered parking
• Power backup for common areas and apartments
• High-speed lift with power backup
• EV charging infrastructure (in newer projects)
• Smart home features and video door phones

Builder Floors & Independent Floors in IT City Mohali

Builder floors and independent floors in IT City Mohali occupy a unique position in the market — they offer the space, independent ownership feel, and larger floor plates of a house, at a price point that is accessible to buyers who find apartments in organised societies too expensive or too restrictive.

A typical builder floor in Sector 82 or adjacent sectors is 3–4 storeys built on a 150–200 sq yd plot, with each floor registered separately. Floor sizes range from 1,200 sq ft to 2,200 sq ft depending on the plot size. Prices range from ₹75 lakh for a ground or first floor in a non-prime micro-location to ₹1.8 crore for a premium 4 BHK independent floor on a corner or park-facing plot.

Why Buyers Choose Builder Floors in IT City

• Own registry — you own your specific floor, not a share in a society
• Lower maintenance costs compared to apartment societies
• Larger carpet area per rupee spent vs organised apartment projects
• Greater privacy — typically only 2–4 families per building
• Many builder floors allow pets without HOA restrictions
• Easier to modify and personalise vs society apartments

Builder Floors vs Apartments — Which is Better in IT City?

Luxury Villas & Independent Houses in IT City Mohali

Independent villas and kothis in and around IT City Mohali cater to buyers who value space, privacy, and ownership of land — and who have the budget to match. Villas in the IT City zone are typically located on plots of 150 sq yd to 400 sq yd, with 4 to 6 bedrooms, dedicated parking, private gardens, and in premium cases, private pools or terraces.

Luxury villas in Sector 82 and Sector 85 are priced from ₹3 crore to ₹8 crore depending on plot size, construction quality, and location specifics. Villa-style properties in IT City have shown strong appreciation because the overall zone’s character as a premium address raises the floor for all asset classes within it.

Duplex Villas in IT City Mohali

Duplex villas — two-storey independent homes on individual plots — are increasingly popular in IT City among senior IT professionals who have outgrown apartment living and want a space they can call entirely their own. Duplex villas in the ₹2.5–5 crore range on 200–300 sq yd plots are available in premium micro-pockets near the PR-7 road and within walking distance of IT parks.

Plots in IT City Mohali — Residential & Commercial

Plots in IT City Mohali are among the most sought-after landholdings in Tricity. Owning a plot here gives you the flexibility to build what you want, when you want — and you hold a genuinely scarce asset in one of North India’s most active IT zones.

Residential Plots in IT City Mohali

Residential plots in the Sector 82–90 zone range from 100 sq yd to 500 sq yd. The most common sizes available in resale are 150 sq yd and 200 sq yd. GMADA-allotted residential plots are the gold standard — they come with clear title, government-backed allotment, and proper site development. Prices for residential plots in IT City range from ₹80 lakh for a 150 sq yd plot in a non-prime micro-location to ₹3–4.5 crore for a larger, well-located 300–400 sq yd plot. For a full market analysis, see our Plot Prices in Mohali 2026 guide.

Commercial Plots in IT City Mohali

Commercial plots in the IT City zone — in designated SCO sectors and commercial pockets — are highly valuable and very limited in supply. Prices for commercial plots start at ₹1.2 crore for a booth-sized unit and go significantly higher for SCO plots on prime roads. These are long-term appreciation assets that also generate commercial rental income.

GMADA Plots — What Makes Them Different

• Allotted directly by GMADA — government-backed clear title
• Developed sector roads, parks, and utilities already in place
• Strict building bye-laws ensure neighbourhood character is maintained
• Higher resale demand compared to private colony plots
• Eligible for easier home loan sanctioning from banks

Corner Plots — Premium Micro-Location

Corner plots (plots at road intersections with exposure on two sides) command a 10–20% premium over non-corner plots of the same size. They offer better natural light, ventilation, and in some cases the ability to have a second gate — making them desirable for both residential and commercial use. Always verify whether a listed corner plot has official corner designation from GMADA before paying the premium.

Commercial Property in IT City Mohali — SCO, Office Space, Retail

Commercial property in IT City Mohali serves a captive, high-spending audience — tens of thousands of IT professionals who live and work in the zone. This built-in demand base makes commercial property here more defensible than in most other Mohali locations.

SCO Properties in IT City Mohali

Shop-Cum-Office (SCO) units are the most versatile commercial format in IT City. Ground floors are rented to banks, pharmacies, restaurants, clinics, and retail outlets. Upper floors serve professional services firms — architects, lawyers, financial advisors, IT consultants. The combination of two income streams on one property, in a zone with consistently high footfall, makes SCOs in IT City strong long-term commercial investments.

DLF IT Park Mohali — Grade-A Office Space

DLF IT Park in Mohali is the most prestigious commercial development in the IT corridor. Spanning premium Grade-A office towers, it is home to major IT and technology companies. Commercial space in and around DLF IT Park commands the highest rents in Mohali — making it the benchmark for commercial property valuation in the zone. If you are considering commercial investment, understanding DLF IT Park pricing is the starting point for benchmarking everything else.

Best Residential Projects in IT City Mohali

IT City Mohali has attracted some of the most credible builders in North India. Here is an overview of the key residential projects that have defined the zone’s premium character. Each of these represents a potential future silo page for deep-dive project-specific content.

Best Commercial Projects & Investments in IT City Mohali

The commercial real estate story in IT City is anchored by two types of development: the large-format IT parks that attract MNCs, and the sector-level commercial zones that serve the residential population. Both types present investment opportunities.

DLF IT Park Mohali

DLF IT Park remains the marquee commercial development in the IT City zone. Grade-A office towers, premium common infrastructure, and a prestigious tenant roster make this the reference point for commercial rents in the IT corridor. Investors in commercial floors or units here benefit from the DLF brand, high-quality tenants, and institutional-grade property management.

Mohali Tech Park

A large IT-zone business park catering to mid-size IT and ITES companies. Commercial space here is available in multiple formats — entire floors, individual office units, and business centre suites. Strong occupancy driven by the employment ecosystem.

IT City SCO Sectors

GMADA-designated SCO zones in Sectors 82, 84, and 85 offer institutional-quality commercial plots and built SCO units. These are the preferred address for high-street retail, professional offices, and food and beverage outlets that serve the IT professional population. Rental income from SCO units in prime sectors is ₹80,000–₹2,50,000 per month depending on floor and size.

Property Prices in IT City Mohali — 2026 Market Data & Trends

Price Drivers in IT City Mohali (2026)

• IT sector employment growth — Continued expansion of Infosys, HCL, and new MNC additions creating fresh housing demand
• Limited new land supply — IT City’s GMADA zone is largely built out; new supply is increasingly constrained, putting upward pressure on prices
• Aerotropolis proximity effect — Commercial development 8 km away raises the entire corridor’s value floor
• Infrastructure upgrades — Road improvements and metro planning announcements generate anticipatory appreciation
• NRI demand — Diaspora buyers continue to see Mohali as their preferred India real estate investment
• Premium residential project launches — New upscale projects set new price benchmarks that pull up the entire market

Historical Price Appreciation in IT City Mohali

Residential property in IT City Mohali has appreciated at a compounded rate of approximately 14–16% per annum over the last five years — ahead of most Tricity locations and significantly ahead of traditional savings instruments. Land and plot appreciation has been steeper — 18–22% per annum compounded in some micro-pockets. These are not projections; they are reflected in registered transaction data at the Sub-Registrar Office, Mohali.

IT City Mohali vs Aerocity vs Airport Road — Comparison Guide

Buyers often compare IT City with Aerocity and Airport Road before making a final choice. Each has distinct strengths. Here is an honest, data-backed comparison.

Which is Better — IT City or Aerocity?

This is the most common comparison we get from buyers and investors. The honest answer: it depends on your priority. If your primary goal is rental yield and you plan to rent out the property immediately, IT City Mohali wins — 3–4% yield vs Aerocity’s 2–2.5%. If your primary goal is maximum capital appreciation and you are comfortable with lower yield, Aerocity’s 5-year track record is slightly stronger. If you are an NRI who wants to arrive from the airport and be home in 5 minutes, Aerocity. If you want your property to be in the same zone where thousands of high-income professionals work, IT City.

Many of our clients buy in both zones — IT City for rental income, Aerocity for appreciation. Manindar Verma can walk you through a portfolio approach if your budget allows for it.

Best Builders & Developers in IT City Mohali

IT City Mohali has attracted established and credible developers, which is itself a market quality signal. When Marbella, DLF, Emaar, SS Group, and TDI choose to build in a location, they are staking their brand reputation on that location’s long-term viability. Here are the key developers whose projects define IT City’s residential and commercial landscape.

How to Evaluate a Builder Before Buying

• Check RERA registration for the specific project — not just the builder’s general reputation
• Visit completed projects by the same builder to assess construction quality
• Verify the builder’s track record for timely possession — delays are common across India
• Read the allotment letter and agreement carefully — understand what is promised vs what is legally binding
• Check for any litigation history against the builder on Punjab RERA or consumer court records
• Confirm the project’s banking relationships — banks doing home loans for a project is a quality signal

Investment Opportunities in IT City Mohali — ROI & Strategy

Long-Term Capital Appreciation Investment

For investors with a 5–10 year horizon, residential plots and luxury flats in premium IT City projects offer the best capital appreciation story. Plots in GMADA zones within the IT City corridor have compounded at 18–22% per annum over the last 5 years. Even if future appreciation moderates to 12–15% per annum (more conservative), the 10-year doubling of investment value is a realistic expectation based on current fundamentals.

Rental Income Investment

For investors who want immediate income, a furnished 3 BHK flat in a premium IT City society generating ₹30,000–₹40,000 per month on a ₹1–1.3 crore investment gives a 3–4% gross yield. Corporate lease arrangements for senior IT professionals can push yields higher — ₹45,000–₹60,000 per month on select furnished 3 BHK units. This is the best rental yield available in any Mohali location.

Commercial Investment in IT City

Commercial SCO units and retail shops in prime IT City sectors generate high monthly rents due to the captive professional population. A ₹2 crore SCO investment generating ₹1.2–1.5 lakh monthly rent gives a 7–9% commercial yield — significantly higher than residential yields anywhere in Tricity. The combination of high yield and meaningful capital appreciation makes IT City commercial property a compelling long-term investment.

NRI Investment in IT City Mohali

IT City is increasingly on the radar of Punjabi NRIs based in Canada, the UK, the US, and Gulf countries. The zone offers what NRI investors want: a credible address with government backing, strong rental income from a verified tenant pool, and appreciation in line with India’s IT sector growth story. See our NRI Property Investment Guide for detailed documentation and process guidance.

IT City Mohali Investment — Pros and Cons

IT City Mohali vs Other Mohali Investment Zones

Home Loan Guide for IT City Mohali Property

Home loans for RERA-registered projects in IT City Mohali are readily sanctioned by all major banks. IT City’s established status and GMADA backing mean banks have high confidence in appraising these properties, which translates to faster approvals and better loan-to-value ratios for buyers.

Home Loan Basics for IT City Property

• LTV (Loan to Value): Up to 75–80% of the property value or circle rate, whichever is lower
• Tenure: Up to 30 years
• Interest Rate: Approximately 8.5–9.5% floating (verify current rates at time of application)
• Processing Fee: 0.25–1% of loan amount depending on lender
• Pre-approval: Get a pre-approved letter from your preferred bank before starting your property search — it gives you negotiating credibility with sellers

Top Banks Sanctioning Home Loans in IT City Mohali

• State Bank of India (SBI)
• HDFC Bank / HDFC Ltd
• ICICI Bank
• Axis Bank
• Punjab National Bank (PNB)
• Kotak Mahindra Bank
• LIC Housing Finance

EMI Calculator — Quick Reference

EMI figures are approximate. Actual EMI depends on exact rate, tenure, and processing terms of your lender. Verify with your bank before planning finances.

Tips for Getting the Best Home Loan

• Apply with a credit score of 750 or above — better score means better rate
• Compare at least 3 lenders before accepting any offer
• Consider joint registration with a spouse for a lower interest rate and stamp duty benefit
• Opt for floating rate if you expect interest rates to decline; fixed rate if you want certainty
• Factor in stamp duty, registration, GST, and interiors in your total budget — not just the property price

Legal Verification, RERA & Buying Process — IT City Mohali

RERA Verification — Non-Negotiable

Punjab RERA (Real Estate Regulatory Authority) registration is mandatory for all residential projects with more than 8 units. Before booking any flat or apartment in IT City Mohali, verify the RERA number at the official Punjab RERA portal. A registered project gives you statutory protection against delays, builder defaults, and specification changes. Royals Property Consultant only shows RERA-verified projects — our own registration is PBRERA-CHD04-REA0390.

Step-by-Step Property Buying Process in IT City Mohali

1. Define your requirement — Type, budget, BHK, possession timeline, preferred sector
2. Get a verified shortlist — Work with a RERA-registered consultant; do not rely on unverified online listings
3. Site visits — Visit 3–4 properties before deciding; check the actual flat, not just the sample flat
4. Legal check — Verify RERA status, GMADA approvals, CLU (for commercial), title chain for resale
5. Price negotiation — An experienced consultant gets you better pricing and better choices (floor, facing) than going direct to builder
6. Booking — Pay 10–15% booking amount; receive allotment letter
7. Home loan — Apply with preferred bank; get sanction against the RERA-registered project
8. Agreement to Sell — Read every clause; confirm possession date and penalty provisions
9. Registry — At Sub-Registrar Office, Mohali; pay stamp duty and registration charges
10. Possession — Physical handover; do a thorough punch list inspection before signing possession

Stamp Duty & Registration in Punjab (2026)

Rates are as per Punjab government schedule current at time of writing. Always confirm at Sub-Registrar Office at time of transaction. Registering in a female name saves 2% — on a ₹1 crore property, that is ₹2 lakh in savings.

Documents Required for Buying Property in IT City Mohali

• Aadhaar card and PAN card (mandatory)
• Passport-size photographs
• Income proof — salary slips (last 3 months) or ITR (last 2 years)
• Bank statements — last 6 months
• Builder/seller property documents — RERA certificate, title documents
• For NRIs: passport, visa/OCI card, NRE/NRO bank details, Power of Attorney if needed

Lifestyle Around IT City Mohali — Schools, Hospitals, Shopping & Entertainment

IT City Mohali is not just a work address — it is a complete lifestyle zone. The residential ecosystem that has grown around the IT parks offers world-class schools, multi-speciality hospitals, malls, restaurants, and entertainment venues. Here is what everyday life looks like when you live in IT City Mohali.

Schools & Education Near IT City Mohali

• The Pinegrove School — Kasauli (premier boarding school, 2 hours drive)
• DPS (Delhi Public School), Mohali — One of the best CBSE schools in the Tricity belt
• Strawberry Fields High School — Premium school, strong academic reputation
• Innocent Hearts School, Mohali — Popular choice for IT City families
• Chandigarh University, Gharuan — 20 km; significant for NRI families wanting quality higher education nearby
• IISER Mohali (Indian Institute of Science Education and Research) — Sector 81, adjacent to IT City; world-class research institution
• ISB (Indian School of Business) Mohali Campus — Leading business school, 12 km
• PEC (Punjab Engineering College), Chandigarh — 18 km; premier engineering institution

Hospitals & Healthcare Facilities

• Fortis Hospital Mohali — North India’s premier private multi-speciality hospital, 6 km from Sector 82
• Max Super Speciality Hospital, Mohali — Cardiac, ortho, oncology, 10 km
• PGIMER Chandigarh (Post Graduate Institute of Medical Education & Research) — India’s top government hospital, 16 km
• Ivy Hospital Mohali — Cardiac and multi-speciality, 8 km
• Phase 6/8 Clinics and Diagnostic Centres — Multiple options within Mohali phases, under 10 minutes

Shopping & Retail

• Elante Mall, Chandigarh — North India’s largest mall; H&M, Zara, Uniqlo, PVR Cinemas; 16 km
• Mohali City Centre — Multiplex, food court, retail; 8 km
• Phase 8/10 Mini Markets, Mohali — Daily essentials, restaurants, banks; 6 km
• Sector 82 SCO Markets — Supermarkets, pharmacies, cafes within IT City itself

Parks, Fitness & Lifestyle

• Multiple sector parks within GMADA IT City providing green open spaces
• GMADA sports complex and open grounds for outdoor activity
• Gyms, yoga studios, and fitness centres within residential societies and on commercial roads
• Cycling and walking tracks along wider sector roads
• Multiple restaurants, cafes, and fast-food outlets serving the professional population

Employment & IT Ecosystem — The Engine of IT City Mohali

Real estate values, ultimately, follow jobs. IT City Mohali’s property market is as strong as it is because the employment base here is institutional, growing, and paying at the top of the national salary scale for technology professionals. This is what separates IT City from every other Mohali address.

Major IT Employers in IT City Mohali

Why IT City Employment is a Housing Market Foundation

When Infosys expanded its Mohali campus, it did not just bring 15,000 jobs — it brought 15,000 families that needed housing, restaurants that needed customers, schools that needed students, and hospitals that needed patients. The entire residential ecosystem of IT City Mohali is built on this employment foundation. As long as technology employment in India grows — and all indicators suggest it will — housing demand in IT City Mohali is structurally secure.

Startup Ecosystem & Business Parks

Beyond the large MNCs, IT City Mohali has a growing startup and mid-size technology company ecosystem operating out of business parks and co-working spaces. These companies attract younger professionals who prefer renting in the zone, keeping rental demand high across all apartment configurations.

NRI Property Buying Guide — IT City Mohali

IT City Mohali has become a preferred investment destination for NRIs — particularly Punjabi families settled in Canada, the UK, the US, Australia, and Gulf countries. The combination of a GMADA-planned premium zone, strong rental income from IT professionals, and consistent capital appreciation makes it a compelling portfolio choice for NRI investors.

Can NRIs Buy Property in IT City Mohali?

Yes — without restriction. NRIs (Non-Resident Indians) can freely purchase residential and commercial property anywhere in India under FEMA (Foreign Exchange Management Act) guidelines. Agricultural land and plantation properties are excluded, but all flats, apartments, plots, villas, builder floors, and commercial properties in IT City Mohali are fully eligible for NRI purchase.

Payment, Banking & Repatriation

• Payments must be made through NRE (Non-Resident External) or NRO (Non-Resident Ordinary) accounts in India
• Foreign currency wire transfers to NRE accounts are allowed
• NRI home loans are available from SBI, HDFC, ICICI, Axis, and other major banks
• TDS (Tax Deducted at Source) at 1% applies to transactions above ₹50 lakh — buyer deducts and deposits
• Capital gains on eventual sale can be repatriated abroad subject to RBI guidelines and tax compliance

NRI-Specific Documentation

• Passport (all pages)
• Visa copy or OCI/PIO card
• PAN card (mandatory for transactions above ₹50 lakh)
• NRE/NRO account details
• Power of Attorney if executing transaction through a family member or representative in India

Royals Property Consultant provides complete end-to-end NRI buying support — from shortlisting and legal verification to coordinating documentation and arranging site visit video calls for NRI clients who cannot travel to India. For Canada-based NRIs specifically, see our NRI Canada Property Investment page. For the full NRI guide, visit our NRI Property Investment page.

IT City & Mohali Sector-Wise Property Guide

IT City is the centrepiece of Mohali’s premium real estate corridor — but it is part of a broader network of sectors that together form Tricity’s most dynamic property market. Below is a comprehensive sector-wise overview. Each card links to (or will link to) a dedicated in-depth page for buyers who want location-specific guidance.

Why Choose Royals Property Consultant for IT City Mohali?

Frequently Asked Questions — Property in IT City Mohali