PR-11 Mohali Shopping Street 2026: 289 Shops in Sectors 85, 86, 88 & 89, ₹68.04 Cr GMADA Works & Property Impact
- PropKeyz Editorial Team
Table of Contents
The PR-11 Mohali Shopping Street 2026 project could become one of the most important organised commercial corridors inside planned Mohali. But buyers and investors need to understand exactly what stage the project has reached before treating 289 planned shops as an already functioning retail market.
GMADA’s commercial-pocket development covers Sectors 85, 86, 88 and 89, where a total of 289 shops and showrooms were reported as planned along the PR-11 corridor.
The reported sector-wise distribution is:
- Sector 85 — 57 shops/showrooms
- Sector 86 — 73 shops/showrooms
- Sector 88 — 90 shops/showrooms
- Sector 89 — 69 shops/showrooms
The programme also includes supporting civil, public-health and electrical works, while the wider shopping-street concept includes parking, service-lane infrastructure and selected hotel and petrol-pump sites.
PR-11 itself was reported as a 150-ft-wide, six-lane corridor with five rotaries, running broadly parallel to Mohali’s established Airport Road / PR-7 network.
However, the most important September 2026 update is easy to misunderstand.
A fresh GMADA procurement published in September 2026 is labelled TPTFA — Third-Party Techno-Financial Audit. It relates to the existing commercial-pocket development works across Sectors 85, 86, 88 and 89.
It is not a completely new ₹68.04 crore construction project.
The physical commercial-pocket works were tendered earlier. GMADA’s tender archive shows the underlying development tender in 2025, while tender-result data later recorded an approximately ₹68.04 crore contract for those physical works.
So the correct development sequence is:
Commercial pockets planned → physical works tendered → contract awarded → construction/development → third-party techno-financial audit → future GMADA e-auction → construction/occupation of individual commercial properties → actual business footfall
That sequence matters because:
289 planned shops do not mean 289 operating shops today.
This PropKeyz guide explains what is confirmed, what is still pending, how the 289 commercial units are distributed, what the ₹68.04 crore project actually represents and what the PR-11 commercial corridor could eventually mean for buyers, investors and residents of Sectors 85, 86, 88 and 89.
Key Takeaways
- GMADA’s reported plan includes 289 shops and showrooms across Sectors 85, 86, 88 and 89.
- Sector 85 is planned to receive 57 commercial units.
- Sector 86 is planned to receive 73.
- Sector 88 has the largest planned share at 90.
- Sector 89 is planned to receive 69.
- PR-11 was reported as a 150-ft-wide, six-lane road with five rotaries.
- GMADA physically tendered the commercial-pocket development during 2025.
- Tender-result data records an approximately ₹68.04 crore contract for the development works.
- The fresh September 2026 procurement is a Third-Party Techno-Financial Audit, not another ₹68 crore construction contract.
- GMADA had indicated that developed commercial sites would later be offered through e-auction.
- The 289 units should not yet be treated as 289 operational businesses or a currently live auction inventory.
- The long-term commercial impact will depend on development completion, auction pricing, construction, occupancy and actual footfall.
PropKeyz View
Commercial land creates potential. Developed sites create inventory. Operating businesses create footfall. Footfall is what ultimately creates a functioning commercial location.
PR-11 Mohali Shopping Street 2026: Latest Verified Status
The PR-11 Mohali Shopping Street 2026 project is best understood today as an active GMADA commercial-development programme where physical works have already been contracted and a fresh third-party audit procurement is underway.
It should not be described as a completely new September 2026 project.
It should also not yet be described as a fully operating shopping street.
| Item | Current Position |
|---|---|
| Authority | GMADA |
| Corridor | PR-11, SAS Nagar / Mohali |
| Main Sectors | 85, 86, 88, 89 |
| Planned Shops / Showrooms | 289 |
| Sector 85 | 57 |
| Sector 86 | 73 |
| Sector 88 | 90 |
| Sector 89 | 69 |
| PR-11 Width Reported | 150 ft |
| Road Configuration Reported | Six lane |
| Rotaries Reported | Five |
| Physical Development Tender | 2025 |
| Recorded Contract Value | Approx. ₹68.04 Cr |
| Recorded Contractor | Rajinder Infrastructure Pvt. Ltd. |
| Recorded Award Date | 9 September 2025 |
| Recorded Completion Date | 3 December 2026 |
| Fresh Sep 2026 Procurement | TPTFA |
| Fresh Tender Closing | 17 September 2026 |
| 289 Shops Already Auctioned? | No evidence established |
| Fully Operational Market? | No |
Quick Answer
The PR-11 Mohali Shopping Street 2026 project covers 289 planned shops and showrooms across Sectors 85, 86, 88 and 89.
The physical commercial-pocket works were tendered earlier, while the fresh September 2026 procurement concerns independent techno-financial audit of those existing works.
GMADA had indicated that the developed commercial sites would later be offered through e-auction.
What Exactly Is the PR-11 Shopping Street?
The project is not one enclosed shopping mall.
It is better understood as a network of organised GMADA commercial pockets distributed along the PR-11 corridor.
The four major sectors are:
- Sector 85
- Sector 86
- Sector 88
- Sector 89
The objective is to bring organised commercial infrastructure closer to a part of Mohali where residential development has expanded significantly.
That gives the project a potentially stronger commercial foundation than a completely isolated retail development.
The surrounding sectors already contain:
- apartments,
- plotted housing,
- developing residential projects,
- premium housing inventory,
- growing resident populations.
That creates potential everyday demand for:
- groceries,
- pharmacies,
- banks,
- restaurants,
- clinics,
- salons,
- branded retail,
- professional services.
PropKeyz View
Commercial development backed by real habitation has a stronger starting demand case than commercial supply that depends entirely on future residents.
How Are the 289 Shops Distributed?
The current reported distribution is straightforward.
Sector 85 — 57 Shops / Showrooms
Sector 85 is planned to receive 57 commercial units.
Sector 86 — 73 Shops / Showrooms
Sector 86 is planned to receive 73 units.
Sector 88 — 90 Shops / Showrooms
Sector 88 has the largest reported commercial allocation:
90 shops and showrooms.
Sector 89 — 69 Shops / Showrooms
Sector 89 is planned to receive:
69 commercial units.
Total
289 shops / showrooms
Sector 88 therefore has the highest planned number.
But a higher number of shops does not automatically mean:
Sector 88 will deliver the best investment return.
More supply can create more destination value, but it also creates more competition.
The eventual performance of a commercial property will depend on:
- exact location,
- road frontage,
- parking,
- plot dimensions,
- allowed use,
- auction price,
- surrounding habitation,
- tenant demand.
PropKeyz Rule
Unit count tells you supply. It does not tell you investment quality.
How Large Could the Commercial Units Be?
Public reporting around the project indicated that the proposed showroom format would include larger commercial properties, with units described as being over 330 sq yd in some cases.
That suggests GMADA is not simply creating rows of tiny booths.
Larger showroom plots can potentially support uses such as:
- large-format retail,
- banks,
- restaurants,
- clinics,
- premium showrooms,
- branded service outlets,
- offices.
However, buyers should not assume:
every one of the 289 properties will be exactly 330 sq yd.
The final authority document for each commercial property will matter.
When the auction eventually opens, verify:
- exact site number,
- exact area,
- frontage,
- permissible use,
- building controls.
What Is PR-11 Road?
PR-11 forms part of GMADA’s wider planned road network.
The relevant stretch was reported as:
- 150 ft wide
- six lane
- containing five rotaries
and broadly running parallel to the Airport Road / PR-7 corridor.
This gives the shopping-street concept an important advantage.
Commercial property depends heavily on:
- visibility,
- traffic,
- access,
- surrounding catchment.
PR-11 potentially combines all four.
But there is an important difference between:
vehicles passing a site
and:
customers being able to stop at the site.
That is why service roads and parking matter so much.
PR-11 vs PR-7 Airport Road
PR-11 and PR-7 should not be confused.
Read our PR-7 Airport Road Mohali Guide
PR-7 / Airport Road
PR-7 is an established major arterial corridor connected with:
- airport traffic,
- Aerocity,
- IT City,
- major residential projects,
- commercial developments.
PR-11
PR-11 serves a different role.
Its commercial development is more closely tied to:
- neighbourhood shopping,
- sector-level access,
- Sectors 85, 86, 88 and 89.
PropKeyz View
PR-11 can complement Airport Road. It should not be marketed as if PR-11 and PR-7 are the same corridor.
Why the ₹68.04 Crore Development Matters
The PR-11 Mohali Shopping Street 2026 project is not merely an idea drawn on a planning map.
There is an actual procurement trail behind it.
GMADA’s tender archive lists the development of commercial pockets in:
- Sector 85
- Sector 86
- Sector 88
- Sector 89
covering civil, public-health and electrical works.
Tender-result data later records an approximately:
₹68.04 crore
contract connected with the physical development.
The same tender-result data records:
Contractor: Rajinder Infrastructure Pvt. Ltd.
Award date: 9 September 2025
Listed completion: 3 December 2026
That gives the project significantly more execution evidence than a commercial proposal that has never moved beyond planning.
What Does the ₹68.04 Crore Development Cover?
The official physical-work description includes three broad categories.
Civil Works
This can include applicable works such as:
- site development,
- internal roads,
- parking,
- service roads,
- pavement,
- other physical infrastructure.
Public-Health Works
Depending on the BOQ, this can include applicable:
- drainage,
- sewer,
- water-related infrastructure.
Electrical Works
This can include applicable:
- street lighting,
- electrical infrastructure,
- related systems.
The precise Bill of Quantities should always prevail when analysing contract scope.
PropKeyz View
A successful commercial market needs more than saleable plots. Roads, drainage, utilities, parking and customer access are part of the commercial product.
Why Did the Project Timeline Change?
Earlier 2025 reporting referred to an expectation that the markets could be developed by the end of the year.
Later tender-result data shows:
3 December 2026
as the recorded completion date for the underlying physical works.
That clearly suggests that the publicly visible timeline evolved.
However, buyers should avoid inventing a reason.
From the currently reviewed records alone, we cannot conclusively say whether the change resulted from:
- contract timing,
- scope change,
- approval process,
- mobilisation,
- other execution issues.
PropKeyz Rule
A media target and a contractual completion date are not the same thing. Follow the latest execution-stage record.
What Is the Fresh September 2026 TPTFA Tender?
This is the most important current update.
Punjab’s official e-Procurement system lists a fresh tender connected with the development of commercial pockets across:
- Sector 85
- Sector 86
- Sector 88
- Sector 89
The tender begins with:
TPTFA
That means:
Third-Party Techno-Financial Audit.
The procurement relates to the underlying:
- civil,
- public-health,
- electrical works.
The current bid-closing milestone is:
17 September 2026.
What Does Third-Party Techno-Financial Audit Mean?
A third-party techno-financial audit is not another construction contract.
It is a separate independent oversight layer.
Depending on the tender’s exact scope, an auditor may review areas such as:
- quantities,
- measurements,
- technical quality,
- specifications,
- work progress,
- contractor claims,
- financial execution,
- contract compliance.
That makes the audit useful.
But buyers should understand what it does not mean.
It does not automatically prove:
- every commercial pocket is complete,
- all 289 properties are ready,
- an auction is live,
- businesses can occupy the sites.
PropKeyz Rule
Construction tender ≠ audit tender.
That is one of the most important distinctions in the PR-11 Mohali Shopping Street 2026 story.
Why Does the Audit Matter?
An audit is not as visually exciting as a new road or showroom.
But it gives us another official trace in the project’s execution cycle.
A structured infrastructure project can move through:
Planning
↓
Tender
↓
Contract Award
↓
Construction
↓
Technical / Financial Oversight
↓
Completion
↓
Auction
↓
Private Construction
↓
Business Occupancy
For investors, each stage reduces one type of uncertainty while leaving another.
Are the 289 Shops Available for Auction Now?
The available development reporting said GMADA intended to offer the developed shops/showrooms through e-auction after development.
That is important.
It means:
planned shops
are not automatically:
live auction inventory.
At the time of this article, PropKeyz is not treating the entire 289-unit inventory as currently available for public bidding.
Before considering any future GMADA commercial purchase, wait for an official auction document containing:
- property number,
- exact sector,
- exact area,
- reserve price,
- permitted use,
- EMD,
- auction date,
- payment terms,
- possession conditions,
- building controls.
PropKeyz Rule
Never confuse development inventory with live auction inventory.
What Should Investors Check When the Auction Opens?
The headline:
“GMADA shop available”
will not be enough.
Commercial property is extremely location-sensitive.
Exact Sector
Is it in:
- Sector 85,
- 86,
- 88,
- or 89?
Exact Plot
Two plots in the same sector may behave very differently.
Frontage
Main road frontage can carry a different value from internal commercial access.
Size
Large showrooms require larger capital and a different tenant profile.
Parking
Customer convenience directly affects retail success.
Service Road
A fast six-lane road without practical stopping access can reduce commercial usability.
Permitted Use
Retail, restaurant, office and other uses may have different rules.
Building Controls
Check:
- FAR,
- floors,
- setbacks,
- construction conditions.
Total Cost
Do not calculate investment only from the winning auction bid.
Also include:
- taxes,
- stamp duty,
- construction,
- finance cost,
- maintenance,
- holding cost.
PropKeyz View
Winning an auction is the start of the investment calculation—not the end.
Sector 85 Commercial Property Impact
Sector 85 is planned to receive:
57 shops / showrooms.
The sector already sits within a growing residential belt.
That creates potential demand for daily commercial uses including:
- grocery,
- healthcare,
- food,
- banking,
- services.
But investors should still verify where the proposed commercial pocket sits relative to:
- residential towers,
- major roads,
- local access,
- parking.
Residential Impact
For residents, nearby organised commerce can improve convenience.
For investors, convenience alone does not guarantee high rent.
Sector 86 Commercial Property Impact
Sector 86 is planned to receive:
73 commercial units.
That is more supply than Sector 85.
More organised commercial supply can help develop a stronger local market.
But it also creates competition between owners.
PropKeyz View
A market with 73 shops needs enough real customer demand to support those 73 businesses.
A commercial investor should examine:
- surrounding occupancy,
- future residential pipeline,
- traffic,
- tenant categories.
Sector 88 Commercial Property Impact
Sector 88 has the largest planned commercial allocation:
90 shops and showrooms.
That makes it particularly important.
Sector 88 is already part of Mohali’s growing premium residential story.
For a broader look at new residential supply, read:
New Launch Projects in Mohali 2026
More residential construction can eventually increase:
- local population,
- service demand,
- restaurant demand,
- daily retail demand.
But:
more residents ≠ guaranteed success for every commercial property.
An investor still needs the right:
- auction price,
- frontage,
- size,
- tenant.
Sector 89 Commercial Property Impact
Sector 89 is planned to receive:
69 shops and showrooms.
Like the other sectors, commercial potential depends on how closely the pocket aligns with:
- residential habitation,
- road movement,
- parking,
- future development.
PropKeyz View
Sector-level demand creates the market. Plot-level positioning decides who captures that market.
Hotel and Petrol-Pump Sites
The wider reported commercial-development plan was not limited to shops.
It also included selected:
- hotel sites,
- petrol-pump sites
in Sectors 85 and 88.
A proposed five-star hotel site was also reported for Sector 88.
These types of land uses can eventually create additional:
- employment,
- visitor traffic,
- food demand,
- service demand.
However, buyers should keep the stage clear.
Planned hotel site ≠ operating hotel.
Planned petrol-pump site ≠ operating fuel station.
Why Parking Could Decide PR-11’s Commercial Success
Commercial property investors often focus on:
- frontage,
- road width.
But parking can be just as important.
The PR-11 concept includes parking and service-lane infrastructure.
That matters because retail requires customers to:
- enter safely,
- stop,
- park,
- walk to shops,
- leave easily.
A wide road alone does not guarantee that.
PropKeyz Commercial Rule
High traffic creates visibility. Easy access converts visibility into customers.
PR-11 Shopping Street vs Sector 87 Commercial Hub
Mohali now has several major commercial-development stories.
PR-11 and Sector 87 should not be treated as identical opportunities.
Read our detailed guide:
Sector 87 Mohali Commercial Hub 2026
PR-11
PR-11 is a distributed shopping-street model.
Commercial supply is spread across:
- Sector 85
- Sector 86
- Sector 88
- Sector 89
The likely focus is:
neighbourhood + corridor commerce.
Sector 87
Sector 87 is being developed around a much larger future commercial-city-centre concept.
That has a different scale and development thesis.
Key Difference
PR-11:
catchment-driven commerce
Sector 87:
destination-scale future commercial district
PropKeyz View
A neighbourhood shopping street and a major commercial city centre should never be valued using the same footfall assumptions.
PR-11 vs Sector 67 Commercial Property
Another relevant comparison is Sector 67.
Read:
Sector 67 Mohali Commercial Plot Auction 2026
Sector 67 has already seen a reported high-value commercial land auction.
That places it at a different development stage.
Sector 67
Specific auction transaction already reported.
PR-11
Commercial pockets still moving through development before future e-auction.
PropKeyz Rule
An auctioned commercial asset and a future auction asset carry different levels of execution certainty.
What Could PR-11 Mean for Residential Property?
A well-developed shopping street can improve residential quality of life.
Potential benefits include:
Nearby Daily Shopping
Residents may need fewer long trips.
Restaurants and Food
More local F&B options can improve liveability.
Healthcare and Services
Pharmacies, clinics and other local services can become more accessible.
Banking and Professional Services
A developed local market can attract financial and professional businesses.
Rental Appeal
Tenants often prefer housing near:
- shopping,
- food,
- services.
Location Perception
A residential sector with active commercial infrastructure generally feels more mature than a sector where basic retail is missing.
Will Property Prices Rise Because of PR-11?
The PR-11 Mohali Shopping Street 2026 project can strengthen the practical infrastructure story of Sectors 85, 86, 88 and 89.
But there is no responsible way to say:
“289 shops will increase residential rates by 20%.”
Property value still depends on:
- entry price,
- project quality,
- RERA,
- construction,
- supply,
- employment,
- wider connectivity,
- resale demand.
PropKeyz Rule
Amenities can support demand. They cannot rescue an overpriced or poorly documented property.
What Could Happen to Commercial Rates?
Until the official GMADA auction brochure exists, PropKeyz would not publish one universal:
“PR-11 commercial rate.”
Future commercial sites could vary significantly based on:
- sector,
- plot area,
- road,
- frontage,
- corner status,
- permissible use.
Any broker quoting an:
“official expected GMADA rate”
before the authority publishes the reserve price should be asked for the actual document.
Mohali’s Commercial Market Is Becoming More Complex
Commercial property in Mohali is no longer one simple market.
Today buyers may encounter:
- SCOs,
- retail shops,
- office units,
- mall units,
- large commercial plots,
- high-street projects,
- mixed-use projects,
- GMADA auction sites.
Each has different economics.
Example
A neighborhood shop depends heavily on:
daily residents.
A large destination retail project depends on:
regional footfall.
An office investment depends on:
business occupancy.
An SCO may depend on:
land value + floor-wise leasing.
PropKeyz View
Never compare commercial properties only through ₹/sq ft without first comparing the business model behind them.
What Should a Future PR-11 Commercial Investor Check?
Before bidding, verify all of the following.
Official Auction Document
Use GMADA documentation—not forwarded broker material.
Exact Property Number
Sector alone is not enough.
Size
Confirm exact area.
Reserve Price
Use the authority’s official number.
Final Bid
Ask whether the winning price still supports the investment thesis.
Permitted Use
Understand what can legally operate there.
Frontage
Commercial visibility matters.
Parking
Customer access matters.
Service Road
Turning movement matters.
Construction Cost
The land bid is not the final cost.
Rent Potential
Estimate conservative rent.
Vacancy
Commercial assets can remain vacant.
Exit Buyer
Understand who would buy the asset later.
PropKeyz Rule
Commercial property should be bought from a cash-flow and exit model—not from a “future market” slogan.
NRI and Outstation Investors
PR-11 commercial properties may eventually interest NRI and outstation buyers.
GMADA auction assets can appear straightforward because the authority is identifiable.
But remote buyers still need local due diligence.
Check:
- exact site,
- road frontage,
- physical development,
- payment terms,
- construction obligations,
- future maintenance.
For existing remote property owners, PropKeyz also provides selected local support.
Explore NRI Property Management
How PR-11 Fits Into Mohali’s Wider Growth
PR-11 does not operate in isolation.
Mohali’s broader development story currently includes:
- Airport Road,
- IT City,
- new residential projects,
- Sector 87 commercial planning,
- major GMADA auctions,
- road upgrades.
For wider research, read:
Mohali Airport Road Latest Update 2026
Best Areas to Invest in Mohali in 2026
These help place PR-11 inside the larger Mohali property network rather than treating one development in isolation.
Confirmed Facts vs What Buyers Should Not Assume
| Confirmed / Supported | Do Not Automatically Assume |
|---|---|
| 289 shops/showrooms planned | All 289 operational |
| Sectors 85, 86, 88 and 89 included | All 289 currently for sale |
| 57 / 73 / 90 / 69 split reported | Every unit has identical size |
| Physical works tendered | Every pocket is complete |
| ₹68.04 Cr contract recorded | Guaranteed commercial returns |
| Rajinder Infrastructure recorded as contractor | Commercial occupancy has started |
| December 2026 completion date recorded | Auction must occur immediately afterward |
| Sep 2026 TPTFA tender exists | This is another ₹68 Cr construction award |
| Hotel/petrol-pump sites planned | These businesses are operational |
| E-auction intention reported | Reserve prices are already official |
PropKeyz View
The project is beyond planning-only stage, but it has not yet become an operating commercial market.
What Happens Next?
There are several milestones PropKeyz would watch.
TPTFA Tender Result
The September audit procurement is the immediate administrative milestone.
Physical Development Progress
The bigger question is what is complete on ground.
Parking and Service Lanes
These will matter heavily for retail usability.
GMADA Auction Notice
This is arguably the most important milestone for commercial investors.
Official Reserve Prices
This will finally allow meaningful investment modelling.
Auction Results
Actual winning bids will provide stronger price discovery.
Site Possession
Successful bidder needs possession.
Construction
An auctioned commercial plot is not an operating business.
Occupancy
The final proof is:
shops actually opening and customers actually arriving.
PR-11 Commercial Development Timeline
March 2025
GMADA’s commercial-pocket development tender appears for Sectors 85, 86, 88 and 89.
2025
Public reporting describes:
- 289 shops,
- four sectors,
- 150-ft PR-11,
- future e-auction plan.
9 September 2025
Tender-result data records the physical development contract award.
2025–2026
Physical development phase.
3 September 2026
Fresh Third-Party Techno-Financial Audit procurement is published.
17 September 2026
Current TPTFA tender closing milestone.
3 December 2026
Completion date recorded in current tender-result data for the underlying physical works.
Future
GMADA commercial e-auction.
Later
Construction of individual sites.
Later Still
Business occupancy and genuine retail footfall.
PropKeyz Analysis
The biggest strength of the PR-11 Mohali Shopping Street 2026 project is not simply:
289 shops.
Its stronger property story is:
organised commercial infrastructure being developed within an already expanding residential belt.
That potentially creates real end-user demand.
But commercial investment always depends heavily on price.
A successful retail corridor bought at an unrealistic auction price can still become a poor investment.
A less glamorous unit bought at the right price can sometimes perform much better.
That is why investors should track three separate variables.
Infrastructure
Will GMADA deliver quality roads, parking, utilities and service lanes?
Purchase Price
What will investors actually pay in auction?
Occupancy
Will businesses rent and operate successfully?
PropKeyz View
Infrastructure creates the platform. Auction price determines the investor’s starting point. Footfall determines the eventual commercial success.
Should Residential Buyers Care About PR-11?
Yes—but for a different reason.
A residential buyer does not need to profit directly from the shops.
Their benefit is:
- convenience,
- services,
- food,
- healthcare,
- retail,
- better neighbourhood maturity.
If two similar residential properties are priced similarly and one has significantly better organised commercial access, that can influence buyer preference.
But do not buy a weak residential property only because:
“shopping street aa rahi hai.”
The home itself still needs to make sense.
Should You Buy Property Before PR-11 Is Fully Operational?
Possibly—but the property should already work at today’s price.
A sensible buyer asks:
If PR-11 takes longer than expected, would I still be comfortable owning this property?
If yes, future commercial development becomes upside.
If no, the entire purchase may be too dependent on one future infrastructure story.
PropKeyz Rule
Future development should strengthen your investment thesis—not be the only thing holding it together.
PR-11 Mohali Shopping Street 2026: PropKeyz Verdict
The PR-11 Mohali Shopping Street 2026 project is one of Mohali’s more credible emerging commercial-development stories because it combines:
- an identifiable PR road corridor,
- large surrounding residential catchment,
- 289 planned commercial units,
- documented GMADA physical-development procurement,
- an approximately ₹68.04 crore recorded contract,
- fresh September 2026 third-party audit activity.
That is meaningful progress.
But the development stage must be described correctly.
The 289 shops are:
planned commercial inventory
—not:
289 operating businesses.
The latest September procurement is:
Third-Party Techno-Financial Audit
—not:
a second ₹68.04 crore construction project.
And although future e-auction of the developed sites has been reported, investors should wait for the actual GMADA auction brochure before relying on:
- reserve price,
- exact unit sizes,
- payment schedule,
- permitted use,
- auction date.
Final PropKeyz View
PR-11 has the ingredients of a meaningful neighbourhood-commercial corridor, but investors should value it according to the stage it has actually reached: development first, auction later, occupancy after that.
For residents of Sectors 85, 86, 88 and 89, the project strengthens the future convenience story.
For commercial investors, the real investment decision begins only when GMADA publishes:
the exact property, exact reserve price and exact auction conditions.
Until then:
research the corridor—but do not price tomorrow’s footfall into today’s property blindly.
Frequently Asked Questions
What is the PR-11 Mohali Shopping Street 2026 project?
The PR-11 Mohali Shopping Street 2026 project is GMADA’s planned development of commercial pockets across Sectors 85, 86, 88 and 89, with a total of 289 shops and showrooms reported in the development plan.
How many shops are planned on PR-11 Mohali?
A total of 289 shops and showrooms are planned.
How many shops are planned in Sector 85?
Sector 85 has 57 planned commercial units.
How many shops are planned in Sector 86?
Sector 86 has 73 planned shops/showrooms.
How many shops are planned in Sector 88?
Sector 88 has 90 planned units, the highest among the four sectors.
How many shops are planned in Sector 89?
Sector 89 has 69 planned shops/showrooms.
Is PR-11 a 150-ft road?
The relevant PR-11 stretch has been reported as approximately 150 ft wide and six lane.
Is PR-11 the same as Airport Road?
No. PR-11 is a separate corridor from PR-7 / Airport Road.
What is the ₹68.04 crore PR-11 project?
Tender-result data records an approximately ₹68.04 crore contract for physical development of commercial pockets across Sectors 85, 86, 88 and 89.
Who is recorded as the contractor?
Tender-result data records Rajinder Infrastructure Pvt. Ltd.
What is the recorded PR-11 project completion date?
The tender-result data reviewed for this article records 3 December 2026 as the completion date for the underlying physical development works.
What is the September 2026 GMADA tender?
It is a TPTFA — Third-Party Techno-Financial Audit procurement connected with the existing commercial-pocket works.
Is the September tender another ₹68 crore construction project?
No. The physical-development contract predates the fresh audit procurement.
Are the 289 shops currently available for auction?
The material reviewed establishes a plan to e-auction developed commercial sites later. It does not establish that all 289 properties are currently live for bidding.
When will GMADA auction the PR-11 shops?
A specific verified live auction date for the entire 289-unit inventory has not yet been established in the sources reviewed for this article.
Which sector has the largest number of planned shops?
Sector 88, with 90 planned commercial units.
Will PR-11 increase Sector 88 property prices?
PR-11 can improve commercial convenience and neighbourhood maturity, but no fixed appreciation percentage can be guaranteed.
Is PR-11 better than Sector 87 for commercial investment?
They are different opportunities. PR-11 is designed around distributed sector-level commercial pockets, while Sector 87 is a much larger future commercial city-centre concept.
Should I invest in a PR-11 commercial property?
Wait for the exact official auction asset and compare reserve price, final bid, frontage, parking, construction cost, rent potential and exit demand before deciding.
Continue Your Mohali Property Research
For the larger commercial-development story:
Sector 87 Mohali Commercial Hub 2026
For an existing high-value commercial auction case:
Sector 67 Mohali Commercial Plot Auction 2026
For the wider Airport Road corridor:
For current Airport Road infrastructure:
Mohali Airport Road Latest Update 2026
For residential supply around the growth belt:
New Launch Projects in Mohali 2026
For wider buyer research:
Buying Commercial or Residential Property Around PR-11?
If you are evaluating property in:
- Sector 85,
- Sector 86,
- Sector 88,
- Sector 89,
- PR-11,
- Airport Road,
- another nearby Mohali location,
send PropKeyz:
Location / Project:
Property Type:
Size:
Budget:
Self-Use / Investment:
Seller / Builder Asking Price:
PropKeyz can help you organise the comparison around:
- exact location,
- infrastructure stage,
- project / RERA status,
- current asking price,
- commercial catchment,
- end-use suitability,
- resale potential.
Call / WhatsApp: +91 80534 69929
Suggested message:
Hi PropKeyz, I read your PR-11 Mohali Shopping Street 2026 guide. I am evaluating property in Sector . My budget is ₹. Please help me compare current pricing, PR-11 access and nearby alternatives.
Your Property. Our Responsibility.
Sources & Verification
This article was last fact-checked on 16 September 2026.
Punjab e-Procurement
Used to verify the fresh September 2026 TPTFA procurement covering the commercial-pocket works in Sectors 85, 86, 88 and 89.
GMADA Tender Archive
Used to verify the earlier physical commercial-development tender.
GMADA Regional Planning
Used for PR-11’s wider planning context.
Hindustan Times
Used for the reported:
- 289-shop plan,
- sector-wise distribution,
- 150-ft / six-lane PR-11 description,
- future e-auction intention,
- hotel / petrol-pump sites,
- parking and service-lane context.
Tender-Result Data
Used for the recorded:
- ₹68.04 crore contract,
- contractor,
- award date,
- listed completion date.
Disclaimer
This article is for general real-estate, infrastructure and commercial-property research only.
It does not constitute:
- legal advice,
- auction advice,
- valuation advice,
- financial advice,
- guaranteed investment advice.
Commercial-pocket development, tender status, auction terms, reserve prices, property sizes and completion timelines can change.
Before purchasing or bidding:
- verify the latest GMADA auction notice,
- inspect the exact property,
- confirm permitted use,
- check development controls,
- calculate total landed cost,
- obtain independent legal and financial advice where appropriate.
PropKeyz does not guarantee:
- auction availability,
- project completion,
- appreciation,
- rental yield,
- commercial occupancy,
- footfall.
Your Property. Our Responsibility.
