Gillco Group to invest ₹800 crore in Mohali housing project
Representative AI image NEW DELHI: Gillco Group plans to invest ₹800 crore in the Gillco Meraqui residential project located in sector 126, Mohali, as announced by the company’s Managing Director, Tejpreet Singh Gill. The development will feature 444 apartments across six towers, promising a total revenue potential of approximately ₹2,300-2,400 crore. The company has opened sales for 250 apartments, investing around ₹400-450 crore. Expected sales from these units are estimated at ₹1,200 crore. Situated on 12 acres along PR-7 Airport Road, the project will offer 3+1 and 4+1 bedroom apartments, with starting prices around ₹4 crore and a rate of…