One Group Developers to invest Rs 1,200 crore in Mohali projects
One Group Developers is set to invest over Rs 1,200 crore in Mohali over the next two years, focusing on residential and commercial projects. The investment will be strategically allocated across prime sectors, including low-rise independent floor...
This investment will be strategically deployed across several prime sectors of the city.
The company is expected to launch multiple projects, including low-rise independent floors, residential plots in Sector 98, and an upcoming group housing project.
Plans are also underway to develop premium commercial spaces in prime sectors of Mohali.
The low-rise projects and plotted developments are already in advanced stages of planning, while land acquisition for the group housing and commercial segments has been completed, with planning activities set to begin shortly.
ONE Group has already delivered projects such as ONE Rise in Sector 99, ONE City Hub and One City Hamlet in Sector 98.
“Mohali is fast emerging as a preferred destination for both residential buyers and investors, thanks to its robust infrastructure, connectivity, and quality of life. With a sizeable land bank across the city’s most strategic sectors, we are poised to introduce a new era of thoughtfully planned developments that will combine lifestyle, convenience, and value,” said Udit Jain, managing director, ONE Group Developers.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.