Gillco Unveils Meraqui Luxury Residences On Mohali Skyline
Real Estate

Gillco Unveils Meraqui Luxury Residences On Mohali Skyline

Gillco Group unveiled Meraqui, an ultra-luxury residential development on PR-7 Airport Road in Sector 126, Mohali. The project occupies 12 acres and comprises 444 premium residences in six towers with three plus one-bedroom and four plus one-bedroom layouts, landscaped greens, wellness-led amenities and a premium retail component for everyday convenience. It is presented as a landmark address for Mohali's evolving skyline.

Meraqui is the first fully independent development to be led by Tejpreet Singh Gill as Managing Director and the company framed it as both a continuation of an established legacy and a statement of a new chapter. The developer said the ambition was to move the Gillco brand towards a design-led and experience-led future, building on trust accrued over the past 25 years. The project was described as a defining leadership milestone for the group.

The design draws on classical Greek and Roman principles to inform a striking façade, a grand entrance pavilion, porte-cochère, water features and manicured landscapes planned to create a strong visual identity. The master architects said the brief sought a master plan and built form that felt timeless and responsive to local aspirations, while interior consultants indicated the homes were intended to convey proportion, symmetry and a sense of ceremony through scale and material detailing.

Planned amenities are intended to support comfort and wellness and include a clubhouse, pools, fitness and spa facilities, indoor recreation, dining and sports courts within landscaped grounds. Financially, the project involves a planned investment of approximately Rs seven billion (bn) to Rs eight billion (bn) and is projected to generate about Rs 12 billion (bn) in gross sales realisation; residences start from around Rs 40 million (mn) and per square foot pricing is about Rs 11,500. 250 of the 444 residences have been opened for sale, construction has commenced after statutory approvals and completion is expected within approximately four years in line with RERA timelines, and the group noted a delivery record of more than 17 projects, 43 million square feet and over 6,000 families.

Gillco Group unveiled Meraqui, an ultra-luxury residential development on PR-7 Airport Road in Sector 126, Mohali. The project occupies 12 acres and comprises 444 premium residences in six towers with three plus one-bedroom and four plus one-bedroom layouts, landscaped greens, wellness-led amenities and a premium retail component for everyday convenience. It is presented as a landmark address for Mohali's evolving skyline. Meraqui is the first fully independent development to be led by Tejpreet Singh Gill as Managing Director and the company framed it as both a continuation of an established legacy and a statement of a new chapter. The developer said the ambition was to move the Gillco brand towards a design-led and experience-led future, building on trust accrued over the past 25 years. The project was described as a defining leadership milestone for the group. The design draws on classical Greek and Roman principles to inform a striking façade, a grand entrance pavilion, porte-cochère, water features and manicured landscapes planned to create a strong visual identity. The master architects said the brief sought a master plan and built form that felt timeless and responsive to local aspirations, while interior consultants indicated the homes were intended to convey proportion, symmetry and a sense of ceremony through scale and material detailing. Planned amenities are intended to support comfort and wellness and include a clubhouse, pools, fitness and spa facilities, indoor recreation, dining and sports courts within landscaped grounds. Financially, the project involves a planned investment of approximately Rs seven billion (bn) to Rs eight billion (bn) and is projected to generate about Rs 12 billion (bn) in gross sales realisation; residences start from around Rs 40 million (mn) and per square foot pricing is about Rs 11,500. 250 of the 444 residences have been opened for sale, construction has commenced after statutory approvals and completion is expected within approximately four years in line with RERA timelines, and the group noted a delivery record of more than 17 projects, 43 million square feet and over 6,000 families.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code