Sector 126 Mohali Property Market 2026: Projects, Prices, Connectivity & Investment Potential
- PropKeyz Editorial Team
Table of Contents
The Sector 126 Mohali property market 2026 cannot be understood through one average property rate or one type of buyer.
Within the same micro-market, buyers can find comparatively affordable builder-floor and older apartment inventory, established ready-to-move societies, newer mid-premium housing, and fresh luxury development priced several times higher than entry-level resale stock.
That makes Sector 126 interesting, but it also makes statements such as “Sector 126 ka rate ₹X per sq.ft. hai” potentially misleading.
A buyer considering a ₹40–50 lakh home and another evaluating a ₹1 crore-plus apartment may both be searching in Sector 126, but they are participating in very different parts of the market.
At the premium end, Gillco’s Meraqui development has introduced a new product category to the location, with the developer describing a 12-acre project containing six towers and 444 large-format 3 and 4 BHK residences.
For investors, the real question is therefore not
“Is Sector 126 good for investment?”
The better question is
“Which part of the Sector 126 market am I buying into, at what price, for what purpose, and who is likely to buy or rent this property from me later?”
This PropKeyz guide examines current projects, asking-price ranges, rental demand, Airport Road connectivity, infrastructure developments, investment potential, and the risks buyers should understand before purchasing property in Sector 126.
Sector 126 Mohali Property Market 2026: Quick Answer
Sector 126 combines existing residential occupancy, active resale inventory, rental activity and new development.
That gives it a different investment profile from a completely new or speculative corridor where most of the demand story still depends on future development.
Ready and resale options are available in projects such as Gillco Parkhills and SBP Gardenia, while Khetan Swiss Gardens adds newer inventory, and Gillco Meraqui is bringing a much higher-priced luxury segment into the locality.
Prices therefore vary substantially depending on:
- project,
- property age,
- configuration,
- unit size,
- furnishing,
- floor,
- possession status,
- development stage.
PropKeyz View
Sector 126 is not one property market. It is several price segments sharing one location.
Its key strengths in 2026 include:
- Airport Road / PR-7 positioning,
- existing residential population,
- ready and resale inventory,
- observable rental demand,
- access to the wider Mohali–Kharar urban ecosystem,
- fresh premium development.
Its key risks include:
- substantial price differences between projects,
- varying construction and maintenance quality,
- last-mile connectivity differences,
- resale competition,
- paying a premium without understanding the future buyer profile.
Where is Sector 126, Mohali?
Sector 126 lies on the Kharar-facing side of the wider Mohali urban market and includes parts of the Chajju Majra and Model Town residential belt.
Several major developments in the locality are marketed around or connected with Airport Road / PR-7.
Khetan Swiss Gardens, for example, identifies its location as Chajju Majra, Airport Road, Sector 126, while Gillco projects in the sector also benefit from the wider Airport Road connectivity network.
The surrounding catchment gives residents access toward:
- Kharar,
- central Mohali,
- Airport Road / PR-7,
- Chandigarh-side employment and services,
- nearby retail,
- healthcare,
- educational institutions,
- regional road connections.
Buyers comparing Sector 126 with other Mohali locations can also explore the PropKeyz Property in Mohali guide for broader city-level options.
Why Sector 126 Is Different From Many Mohali Micro-Markets
Sector 126 has an unusually wide range of housing products and prices.
Within the same locality, a buyer may find:
Older or value-oriented inventory
↓
Established society resale
↓
Newer mid-premium housing
↓
Premium high-rise apartments
↓
Fresh luxury development
This creates opportunities for different buyer profiles.
But it also means that a sector-wide average price can hide more than it explains.
A ₹50 lakh apartment and a ₹1.4 crore apartment may share the same postal locality without competing for the same tenant, end user or future buyer.
Sector 126 Mohali Property Prices in 2026
Current online inventory illustrates how widely asking prices can vary across Sector 126.
Lower-ticket ready 2 BHK inventory can still appear around the ₹30–50 lakh range in some local developments.
Moving higher, current SBP Gardenia resale listings have included 2 BHK apartments around the ₹70 lakh range and larger 3 BHK units closer to ₹90 lakh and above.
Khetan Swiss Gardens inventory has recently shown 2 BHK units around ₹80 lakh and above, while selected 3 BHK units can cross ₹1 crore depending on unit size and status.
Gillco Parkhills sits higher again, with ready-to-move 2 BHK resale inventory around the ₹1 crore mark and selected 3 BHK asking prices around ₹1.25–1.40 crore.
At the luxury end, Gillco Meraqui represents a very different market altogether, with media reports in 2026 placing starting prices around ₹4 crore.
Current Asking-Price Snapshot
| Market Segment | Indicative Asking-Price Examples |
|---|---|
| Entry/local ready 2 BHK inventory | Approx. ₹32–47 lakh |
| SBP Gardenia 2 BHK | Approx. ₹70–72 lakh |
| SBP Gardenia 3 BHK | Around ₹94 lakh+ |
| Khetan Swiss Gardens 2 BHK | Approx. ₹80–88 lakh |
| Khetan Swiss Gardens 3 BHK | Approx. ₹1.07–1.30 crore |
| Gillco Parkhills 2 BHK | Around ₹99 lakh–₹1 crore |
| Gillco Parkhills 3 BHK | Approx. ₹1.27–1.40 crore |
| Gillco Meraqui | Around ₹4 crore onwards reported |
These figures are asking-price examples, not registered transaction values.
The actual purchase price can vary depending on:
- exact unit,
- floor,
- size,
- furnishing,
- condition,
- PLC,
- seller urgency,
- payment status,
- negotiation,
- additional charges.
Why One “Average Sector 126 Rate” Can Mislead Buyers
Consider three properties.
Property A
₹47 lakh
Ready for 2 BHK
Smaller residential format
Property B
₹1.40 crore
Ready 3 BHK
Established high-rise society
Property C
₹4 crore+
Fresh luxury development
All three may be described as:
Property in Sector 126 Mohali.
But they have different:
- construction quality,
- amenities,
- density,
- apartment size,
- buyer profile,
- rental market,
- maintenance,
- resale competition,
- developer positioning.
That is why the Sector 126 Mohali property market 2026 should be evaluated project-by-project rather than through one generic locality rate.
Major Residential Projects in Sector 126 Mohali
Gillco Parkhills
Gillco Parkhills is one of the better-known completed residential developments in Sector 126.
The project offers larger 2, 3, and 4 BHK apartment formats and already has:
- occupied inventory,
- resale listings,
- rental listings,
- existing residents.
Punjab RERA records identify Gillco Park Hills in Sector 126 under registration PBRERA-SAS81-PM0006.
For investors, the project is useful as a market benchmark because actual resale and rental behavior can already be observed.
Current asking inventory has included 2 BHK units around ₹99 lakh–₹1 crore and several 3 BHK units around ₹1.27–1.40 crore.
SBP Gardenia
SBP Gardenia represents a more accessible price segment within Sector 126.
The project has ready-to-move 2 and 3 BHK inventory.
Recent asking listings have included approximately:
- ₹70–72 lakh for selected 2 BHK units,
- around ₹94 lakh or above for larger 3 BHK units.
For buyers who want a gated apartment society but do not want to enter the price range of some premium high-rise projects, this segment can be worth comparing.
Khetan Swiss Gardens
Khetan Swiss Gardens is located at Chajju Majra, Airport Road, Sector 126, Mohali.
The project includes 2 and 3 BHK configurations.
Recent asking inventory has included approximately:
- ₹80–88 lakh for selected 2 BHK units,
- ₹1.07–1.30 crore for selected 3 BHK units.
The broad price range again demonstrates why buyers should verify the exact unit, area, floor and possession status rather than assuming every apartment in a project has the same market value.
Gillco Meraqui Is Changing the Sector 126 Price Ceiling
One of the most important developments in the Sector 126 Mohali property market in 2026 is Gillco Meraqui.
The project is positioned as a new luxury residential development with:
- 12 acres
- 6 towers
- 444 residences
- 3 and 4 BHK homes
- clubhouse,
- infinity pool,
- landscaped areas,
- sports facilities,
- premium residential amenities.
Media reports in July 2026 stated that Gillco plans significant investment in the project and positioned the development at a substantially higher price point than much of the existing Sector 126 apartment market.
Reported starting prices are around ₹4 crore, while Gillco’s own website currently shows pricing on request.
This matters because Meraqui could influence how the premium end of Sector 126 is perceived.
But buyers should not automatically conclude:
“Meraqui is around ₹11,500 per sq. ft.; therefore, every property in Sector 126 should now be worth ₹11,500 per sq. ft.”
That would be an incorrect comparison.
A fresh luxury development can include a premium for:
- newer construction,
- specifications,
- landscaping,
- amenities,
- large unit sizes,
- project positioning,
- developer branding,
- future delivery.
An older resale apartment should still be compared primarily with similar resale properties.
Sector 126 Rental Market: Is There Real Tenant Demand?
One major advantage of Sector 126 compared with a completely emerging location is that a rental market already exists.
The current rental asking inventory has included examples such as:
- approximately ₹25,000/month for 2 selected BHK units in SBP Gardenia,
- approximately ₹31,000–35,000/month for selected larger or furnished SBP units,
- approximately ₹31,000–40,000/month for selected Gillco Parkhills 2 BHK units,
- approximately ₹40,000–52,000/month for selected Gillco Parkhills 3 BHK units.
These are asking rents, not confirmed lease values.
However, they demonstrate that Sector 126 is not dependent entirely on a future rental story.
There is already an observable tenant market that investors can study.
Does Sector 126 Offer a High Rental Yield?
Not automatically.
A monthly rent of ₹35,000 may sound attractive until it is compared with the total acquisition cost.
For example:
A ₹70 lakh apartment earning ₹30,000 per month and a ₹1.3 crore apartment earning ₹40,000 per month have very different gross rental yields.
The correct calculation should consider:
Annual Rent ÷ Total Acquisition Cost × 100
And the real return should also account for:
- vacancy,
- maintenance,
- furnishing,
- brokerage,
- repairs,
- taxes,
- financing costs.
Therefore:
Compare rent against the total amount invested—not only against the brochure price.
For a rental investor, the better question is:
Which specific project provides the strongest combination of acquisition price, achievable rent, occupancy and resale liquidity?
Connectivity: Why Airport Road Matters
Airport Road / PR-7 is one of the core location advantages associated with Sector 126.
Several prominent projects in the locality use airport road positioning, giving residents access to the broader Mohali transport network.
This can improve connectivity toward:
- central Mohali,
- Kharar,
- other Airport Road sectors,
- wider Tricity employment areas.
But connectivity should always be checked from the exact project gate.
Two projects located within the same sector can have very different:
- approach roads,
- junction access,
- service roads,
- peak-hour traffic,
- last-mile connectivity.
A property should therefore not command an automatic premium simply because its brochure mentions Airport Road.
IT City–Kurali Greenfield Highway: A Major 2026 Connectivity Development
Mohali’s wider road network received an important infrastructure addition in 2026 with the inauguration of the six-lane Greenfield Highway from IT City to Kurali.
The project is intended to improve movement between Mohali, Kharar, and Kurali while strengthening wider regional connectivity.
The Government of India also announced the foundation stone for a 10.3 km PR-7 spur of the Ambala–Chandigarh Greenfield Highway, intended to connect the Zirakpur Bypass directly toward Aerocity and help long-distance traffic bypass congested urban stretches.
These developments strengthen the broader Mohali connectivity story.
However:
Regional infrastructure improvement does not guarantee Sector 126 property appreciation.
For property values, the benefit ultimately needs to appear through:
- better actual travel times,
- reduced congestion,
- stronger buyer demand,
- stronger tenant demand,
- improved accessibility.
What About PR-6?
PR-6 is another infrastructure project frequently discussed in relation to this side of Mohali.
The proposed road is intended to create a connection between Airport Road and the Kharar–Landran side and potentially reduce pressure around Landran Chowk.
The proposed route has been reported at approximately 6 km long and 200 feet wide.
However, construction has faced legal delays.
That means buyers should not value a property today as if PR-6 were already fully operational.
Infrastructure should always be classified correctly:
Operational
Already usable.
Under Construction
Physical construction is underway.
Approved / Planned
Officially proposed or approved but not yet usable.
Delayed
Dependent on legal, land or execution issues.
These stages do not have the same investment value.
Retail, Healthcare, and Daily-Life Infrastructure
Sector 126 benefits from being part of an already urbanized Mohali–Kharar belt rather than an isolated new township.
The wider location provides access to:
- grocery stores,
- pharmacies,
- educational institutions,
- hospitals,
- retail,
- restaurants,
- service businesses,
- transport.
VR Punjab is also located within the broader catchment and is relatively close to several Sector 126 residential developments.
For end users, this existing urban ecosystem can be more important than a list of future amenities on a brochure.
Daily-life convenience helps determine whether an area is genuinely usable.
Who Is Buying Property in Sector 126?
Sector 126’s broad price range attracts several different buyer profiles.
Value Buyers
These buyers may consider:
- older societies,
- smaller apartments,
- local builder inventory,
- lower acquisition-cost options.
Family End Users
They may prioritise:
- 2 BHK or 3 BHK,
- gated societies,
- daily retail,
- schools,
- parking,
- immediate possession,
- reliable connectivity.
Rental Investors
These buyers may focus on established societies where rents and occupancy can already be observed.
Premium Buyers
Projects such as Gillco Parkhills appeal to buyers looking for larger apartments and more amenity-oriented societies.
Luxury Buyers
Meraqui introduces a significantly higher-ticket buyer who may compare Sector 126 with premium Airport Road, IT City and other luxury residential locations in Mohali.
Sector 126 vs. Central Mohali
Sector 126 and established central Mohali sectors offer different advantages.
Central Mohali May Offer
- more mature neighborhoods,
- established institutions,
- stronger location familiarity,
- more mature resale behavior.
Sector 126 May Offer
- wider price choice,
- significant apartment supply,
- newer residential stock,
- Airport Road connectivity,
- multiple gated-society options.
The correct choice depends on whether the buyer prioritizes:
self-use, rental income, capital appreciation, newer construction, or lifestyle.
Sector 126 vs. Aerocity or IT City
Aerocity, IT City, and Sector 126 should not be treated as identical investment markets.
Aerocity is strongly associated with plotted development and airport-side planning.
IT City combines an employment-oriented location story with residential development.
Sector 126 is more visibly apartment-led, with established societies, active rentals and substantial resale inventory.
Investors interested in the wider airport-led development story can also read:
and:
for broader city-level comparisons.
Is Sector 126 Mohali Good for Investment in 2026?
Sector 126 deserves consideration for several reasons.
1. Existing Market Depth
A buyer can choose among:
- ready apartments,
- resale properties,
- lower-ticket units,
- premium societies,
- newer projects,
- luxury new launches.
This creates greater market depth than a location dependent on one or two projects.
2. Existing Rental Market
Sector 126 already has rental activity across multiple residential societies.
That gives investors actual market evidence to study rather than relying only on future projections.
3. Airport Road Connectivity
Airport Road positioning already exists for several prominent projects in the locality.
This is different from a project that only claims proximity to a future road.
4. Fresh Premium Development
The launch of Meraqui indicates continued developer interest and introduces a new luxury category into Sector 126.
5. Wider Infrastructure Development
The IT City–Kurali highway and other regional road projects strengthen the broader Greater Mohali transport network.
These are positive structural factors.
But none of them guarantees a return on an individual property.
Sector 126 Investment Risks Buyers Should Not Ignore
1. Large Price Differences
A buyer can easily overpay by comparing unrelated properties.
Do not directly compare:
builder floor vs. premium high-rise
or:
older resale vs. luxury new launch
only on price per sq. ft.
2. Resale Competition
A mature apartment market also means competing inventory.
Before investing, check:
- How many similar units are for sale
- how long they have been listed,
- seller price differences,
- actual buyer demand.
A project with a large number of similar resale units may require more time to exit.
3. Rental Competition
Rental demand exists, but so does rental supply.
A furnished apartment may command higher rent, but an investor must also account for:
- furnishing cost,
- maintenance,
- vacancy,
- tenant turnover,
- brokerage.
4. Project-Level Quality Differences
The wide price spectrum reflects real differences in:
- building age,
- maintenance,
- density,
- amenities,
- construction quality,
- unit size,
- parking,
- common areas.
The sector name alone cannot eliminate these differences.
5. Future Infrastructure Assumptions
Do not pay today as if every proposed road were already completed.
Infrastructure announcements should support research—not replace it.
6. Luxury Exit Risk
A ₹4 crore property naturally has a smaller future buyer pool than a ₹70 lakh apartment.
A luxury investor should therefore carefully study:
- competing luxury developments,
- future buyer depth,
- maintenance,
- project differentiation,
- holding period,
- resale liquidity.
Ready-to-Move vs New Launch in Sector 126
This is one of the most important decisions for a buyer in the locality.
Ready / Resale Property
Potential advantages include:
- immediate possession,
- physical inspection,
- observable maintenance,
- existing rental evidence,
- known surroundings,
- established resale market.
You can compare wider ready-to-move properties in Mohali and Mohali resale opportunities through PropKeyz.
New Launch / Under-Construction Property
Potential advantages can include:
- newer specifications,
- modern design,
- staged payment schedules,
- entry earlier in the development cycle.
Potential risks include:
- construction timelines,
- future market conditions,
- no immediate rent,
- uncertainty around actual finished quality.
You can also explore new-launch property options in Mohali.
What Should an End User Check Before Buying?
If you plan to live in Sector 126, focus less on projected appreciation and more on daily usability.
Check:
- actual commute,
- approach road,
- peak-hour traffic,
- water supply,
- drainage,
- power backup,
- parking,
- lift availability,
- maintenance quality,
- occupancy,
- grocery access,
- healthcare,
- usable carpet area.
If possible, visit the property at different times.
A project that feels perfectly connected during the afternoon may feel very different during peak-hour traffic.
What Should an Investor Check?
Total Acquisition Cost
Do not calculate your investment only from the advertised base price.
Include applicable:
- PLC,
- registration,
- stamp duty,
- GST,
- parking,
- maintenance deposits,
- furnishing,
- brokerage,
- other charges.
Realistic Rental Income
Use actual comparable rental listings and, where possible, recent lease evidence.
Do not rely only on projected rental figures.
Competing Resale Inventory
Check how many similar:
- 2 BHK,
- 3 BHK,
- same-size units
are already available in the same project.
Competition affects exit liquidity.
Future Buyer Profile
Ask:
Who is likely to buy this property from me later?
Possible buyers may include:
- family end users,
- rental investors,
- premium buyers,
- NRIs,
- luxury end users.
The answer should make sense for the price segment you are entering.
Holding Period
A buyer planning to exit in two years should evaluate a property differently from someone who can hold for seven or ten years.
Verify Punjab RERA and the Exact Project Phase
Before booking a new or under-construction project, use the official Punjab RERA Project Search.
Verify:
- exact project name,
- promoter,
- registration number,
- validity,
- project phase,
- approved details,
- possession information.
Large developments can have:
- multiple phases,
- different registrations,
- revised timelines,
- different possession schedules.
Do not depend only on a sales brochure or property portal’s RERA badge.
PropKeyz Verdict: Sector 126 Mohali Property Market 2026
The Sector 126 Mohali property market 2026 is attractive not because every property in the sector will appreciate equally, but because the locality has developed into a multi-segment residential market.
Today, Sector 126 contains:
value-oriented housing
→ mid-market apartments
→ ready premium resale
→ fresh luxury development
That depth can be a strength.
It gives buyers multiple entry points and gives investors existing rental and resale evidence.
Airport Road positioning is another meaningful advantage, while broader Mohali infrastructure development strengthens the regional connectivity story.
But the most important investment rule remains:
Do not buy Sector 126. Buy the right property inside Sector 126.
A well-priced, ready apartment with observable rent may outperform an overpriced new launch.
A strong new project purchased at the right price may outperform an aging resale property.
And a cheaper apartment may still be a poor investment if it’s:
- Maintenance is weak
- access is poor,
- demand is limited,
- Resale competition is high.
The final decision should come down to:
Project → Price → Usable Area → Rent → Development Stage → Holding Period → Future Buyer → Exit
rather than simply the sector name.
Frequently Asked Questions
What is the Sector 126 Mohali property market 2026 like?
Sector 126 is a varied residential market containing lower-ticket-ready inventory, established gated societies, premium apartments, and fresh luxury development. Prices vary significantly by project, age, configuration, and property type.
What is the property price in Sector 126, Mohali?
There is no single reliable price for the whole sector. Current asking inventory ranges from roughly ₹30–50 lakh for some lower-ticket ready apartments to ₹70 lakh–₹1.4 crore across established mid-market and premium projects. New luxury developments can be priced significantly higher.
Which are the major residential projects in Sector 126?
Prominent projects include Gillco Parkhills, SBP Gardenia, Khetan Swiss Gardens, and Gillco Meraqui, alongside other local residential developments.
Is Gillco Parkhills ready to move?
Gillco Parkhills is an established, delivered residential development with active ready-to-move resale and rental inventory.
What is Gillco Meraqui?
Gillco Meraqui is a luxury residential development in Sector 126 featuring large-format 3 and 4 BHK residences across six towers on approximately 12 acres.
What is the starting price of Gillco Meraqui?
Gillco’s official project information currently lists pricing on request. Recent 2026 media reporting has placed starting prices at approximately ₹4 crore. Buyers should obtain and verify the latest official cost sheet before making a booking decision.
Is there rental demand in Sector 126, Mohali?
Yes, active rental inventory exists across multiple societies. Current asking rents differ significantly according to project, furnishing, configuration, and apartment size. Asking rents should not be interpreted as guaranteed lease values.
Is Sector 126 connected to Airport Road?
Several major developments in and around Sector 126 are positioned along or connected with the Airport Road / PR-7 network.
Is Sector 126 better for self-use or investment?
It can suit both. End users should prioritize current usability, maintenance, access, and commute. Investors should focus more heavily on acquisition price, rent, resale competition, future buyer demand, and holding period.
Should I buy a ready-to-move or a new launch in Sector 126?
Ready property offers greater visibility and the possibility of immediate rental income. New launches may offer newer specifications and staged payment structures but generally involve higher construction and future-market uncertainty.
Looking for property in Sector 126, Mohali?
Do not shortlist a property only because the brochure says:
Airport Road
or:
Sector 126.
The same locality contains dramatically different price points, projects, and buyer segments.
PropKeyz can help you compare suitable options based on:
- budget,
- 2 BHK / 3 BHK / 4 BHK requirement,
- ready vs. new launch,
- investment vs. self-use,
- current rental potential,
- project stage,
- resale competition,
- holding period.
Explore Property in Mohali
Discuss Sector 126 Property Options on WhatsApp
Buying Sector 126 Property as an Investment?
Buying is only one part of the ownership journey.
For eligible local, outstation, and NRI owners, PropKeyz also supports property management across selected Mohali and Tricity locations with:
- tenant coordination,
- rent follow-up,
- property inspections,
- maintenance coordination,
- move-in / move-out support,
- structured owner updates.
If you plan to manage your property remotely, explore PropKeyz NRI Property Management.
Sources & Verification
This article uses current developer information, Punjab RERA records, property-portal asking prices, rental listings, and government infrastructure information to understand the Sector 126 market.
Property prices and rents mentioned in this article are asking-price examples and should not be interpreted as registered transaction values, guaranteed negotiation prices, or guaranteed rental returns.
Before purchasing a property in Sector 126, independently verify:
- exact unit availability,
- ownership,
- applicable RERA registration,
- project phase,
- sanctioned plans,
- carpet / built-up / super area,
- total acquisition cost,
- maintenance,
- possession status,
- transfer conditions,
- current rental comparables.
Disclaimer
This article is intended for general real estate information and educational purposes only. It does not constitute legal, financial, tax, valuation, or guaranteed investment advice.
Property prices, rental asks, project availability, infrastructure status, and development timelines can change.
PropKeyz does not guarantee:
- property appreciation,
- rental yield,
- continuous occupancy,
- project completion,
- possession dates,
- resale liquidity,
- future infrastructure benefits.
Buyers should independently verify project documentation and transaction details with the relevant authorities and qualified professionals before making a purchase.
Your Property. Our Responsibility.
