Mohali land parcels transaction confirms ₹1,000 crore outlay by Homeland Group and VRC, targeting major mixed-use delivery.

Homeland Group has acquired two prime land parcels in Mohali for ₹1,000 crore in a significant GMADA e-auction. The developer plans to launch large-scale mixed-use projects, integrating premium residential and commercial spaces, targeting completion by early 2031. This move signals robust confidence in Mohali's real estate market.

A 430-square-yard residential plot in Mohali's Sector 68 was sold for ₹8.86 crore in a GMADA e-auction ahead of Diwali, reflecting strong investor confidence in premium real estate.

Hero Realty's subsidiary acquired an 8.71-acre premium plot in Mohali's Sector 99 for ₹262.75 crore through GMADA auction, marking the company's continued expansion in North India's luxury housing segment.