Aerocity, Mohali is changing faster than almost any other part of the Tricity. In 2026, GMADA (the Greater Mohali Area Development Authority) auctioned several large group housing and mixed land use sites in Aerocity. Each of those sites will become a new apartment project over the next few years. If you are planning to buy a flat in Aerocity, this is the best time to understand which land has been sold, who bought it and which projects are coming up.
This guide brings together what is publicly known so far, what it means for flat prices, and how to check any pre-launch project before you book.
Why GMADA Land Auctions Matter for Flat Buyers
Aerocity is a planned GMADA township next to Chandigarh International Airport, along the wide Airport Road. GMADA plans the sectors, builds roads and services, and sells big land parcels to developers through e-auctions. A developer who wins a group housing or mixed land use site then gets approvals, registers the project with Punjab RERA and starts selling flats.
So the e-auction results are an early signal. They tell you, two to four years in advance, where new flats will come up, which developers are behind them and roughly what the land cost. That last point matters: the land price sets a floor for the flat price.
March 2026 Auction: Aerocity G-Block Housing Sites
GMADA's e-auction from 14 January to 7 March 2026 was one of its most successful. According to The Tribune, 37 of the 42 sites on offer were sold for a total of about ₹3,137 crore. Two Aerocity group housing plots in Block G were among them:
- Block G, Group Housing Plot No. 2 (6.19 acres): reserve price ₹199.09 crore, sold for ₹311.74 crore, about 57% above reserve.
- Block G, Group Housing Plot No. 1: reserve price ₹139.18 crore, sold for ₹141.27 crore.
The 6.19-acre site works out to roughly ₹50 crore per acre. That is a clear sign that developers expect strong demand for premium flats in Aerocity.
August 2026 Auction: New Sites in Blocks E, H, I and J
A second GMADA e-auction was held in mid-2026, with bids closing on 19 August 2026. Market reports put its total at about ₹5,391 crore from 27 successful bids. The Aerocity sites and winning bidders reported so far are:
- I-Block: OTIL, 9.50 acres, about ₹392 crore
- I-Block: Noble Dream Projects, 9.87 acres, about ₹385 crore
- E-Block: Anil Build-Con, 6 acres, about ₹418 crore
- J-Block: V&M Realcon, 14.95 acres, about ₹574 crore
- J-Block: SS Ventures, 5 acres, about ₹248 crore
- H-Block: Ambika Realcon, 4.81 acres, about ₹231 crore
Note: these August figures come from property-market reports and have not yet been confirmed in an official GMADA results notice. We will update this article when they are.
Upcoming Flat Projects in Aerocity to Watch
1. OTIL I-Block, Aerocity
OTIL Group's project sits on the 9.50-acre I-Block site. It is planned as luxury 3+1 BHK apartments of about 2,500 sq.ft, with a retail component. Early-bird pricing has been quoted at around ₹8,100 per sq.ft, which puts a 3+1 BHK at roughly ₹2.02 crore plus charges. RERA registration is still in process. See full details on our OTIL I-Block Aerocity project page.
2. Aveda Arenium, E-Block (DKG Landcorp)
Planned near Airport Chowk in E-Block on about 12 acres, with proposed 3+1, 4+1, 4+2 and 5+2 BHK luxury residences plus commercial space. It is in pre-launch, and the developer states it is not yet RERA registered.
3. Noble I-Block, Aerocity
Noble Dream Projects won the neighbouring 9.87-acre I-Block site. Listings mention proposed 3 BHK, 3+1 and 4+1 BHK apartments, but no official launch, price or RERA number has been announced yet.
4. Projects on the J, H and G-Block sites
No official project names or layouts have been announced yet for the J-Block, H-Block and G-Block sites. Given the land prices paid, expect mostly premium and luxury apartments. Over the next 12 to 24 months these will move through approvals and RERA registration.
What the Land Prices Mean for Flat Prices
When developers pay ₹40 to ₹50 crore or more per acre, they must sell flats at premium rates to make the project work. That is why new launches in Aerocity are being priced well above older Mohali sectors. For buyers this means two things:
- Early-bird stage: Pre-launch and launch rates are usually the lowest a project will ever offer. But this stage also carries the most risk, because approvals are not yet complete.
- Resale and existing projects: Ready and under-construction flats already registered nearby can look like good value next to new launch prices.
If you want something that is already RERA registered on Airport Road today, compare these new launches with projects such as Homeland Global Park, or browse all new projects in Mohali.
Why Buyers Are Choosing Aerocity
- Airport next door: Chandigarh International Airport is just a few minutes away.
- Airport Road: The wide Airport Road connects Aerocity to Zirakpur, Mohali's main sectors and Chandigarh.
- Planned township: GMADA-planned roads, green belts, and land set aside for schools, hospitals and commercial use. A hospital site in Aerocity's Block A was also sold in the March 2026 auction.
- Next-generation inventory: Most upcoming stock is large-format 3+1 and 4+ BHK homes. This segment has been short of supply in the Tricity.
Checklist Before Booking a Pre-Launch Flat in Aerocity
- Punjab RERA registration: Do not pay a large amount until the project has a RERA number. You can check it on the Punjab RERA website (rera.punjab.gov.in).
- Land ownership: Confirm that the developer holds the GMADA allotment letter for that specific site and block.
- Approvals: Ask about building plan approval and environmental clearance timelines.
- Area and price breakup: Get the carpet area, super area, PLC, parking, club and EDC/IDC charges in writing.
- Payment plan: Prefer construction-linked plans over large upfront payments.
- Refund terms: For an EOI or early-bird booking, get the refund conditions in writing.
Frequently Asked Questions
Which GMADA sites in Aerocity will have new flats?
Group housing and mixed land use sites in Blocks G, E, H, I and J were auctioned in 2026. The first named projects are OTIL I-Block, Noble I-Block and Aveda Arenium in E-Block.
What is the price of new flats in Aerocity Mohali?
Early-bird quotes for luxury launches such as OTIL I-Block are around ₹8,100 per sq.ft, so large 3+1 BHK homes start at about ₹2 crore. Final prices will depend on RERA-approved plans and charges.
Are these Aerocity projects RERA approved?
Not yet. The projects on the 2026 auction sites are in pre-launch, with RERA registration in process. Always check the RERA status before you pay.
When will possession happen?
Large group housing projects usually take four to six years from launch to possession. The exact dates will appear in each project's RERA registration.
Get Updates on Aerocity Launches
SK Estates tracks every new launch in Aerocity and across Mohali. We can share early-bird prices, floor plans and RERA updates as soon as they are released, and arrange site visits. Message us on WhatsApp or call for honest, no-pressure advice.
Sources: GMADA e-auction results as reported by The Tribune (March 2026) and property-market reports for the August 2026 round. Prices and details of pre-launch projects can change. Please verify everything with the developer and Punjab RERA before booking.
