Mohali has been transformed entirely in the last few years. What was once a quieter neighbour of Chandigarh has now its own identity. The city has gone from being an IT company and startup hotspot to landing major investments from major tech players – and its reputation as one of North India’s top tech hotspots is being cemented fast.
As the city keeps evolving, the expectations of its residents and workers are also on the rise. That is why luxury developments like Homeland Regalia, which are pulling all their integrated features together, are becoming more & more relevant.
Looking around, you can see Mohali’s growth story – it’s not just talk.
Mohali is home to over 150 big IT & Global Capability Centre (GCC) units, with the financial investments making up a massive ₹7,500 crore. Industry predictions are that IT & GCC jobs in Mohali are going to almost double in the next five years and create a workforce of a massive 50,000-60,000 people.
This gets a boost from the Punjab Govt, which is now saying it’s all about turning Mohali into a Tier 2 IT hub, with loads of incentives on offer for tech companies and still plenty of cash being ploughed into infrastructure.
But big companies are also pouring more money into the city – the latest being Infosys with a massive ₹290 crore investment in its Mohali campus, which is expected to put a lot more people into new jobs.
The upshot is clear: Mohali isn’t an emerging IT hotspot anymore; it is actually a properly established one.
Every thriving tech scene brings with it a whole new crowd of people.
Young professionals, entrepreneurs and startup folk, consultants and senior corporate are all starting to see Mohali as their base of operations. And with this, the professionals now want better places to live and their everyday essentials right on their doorstep.
Additionally, they want fine dining and a lively nightlife, places to keep fit, relax and have a bit of fun.
In short, this new urban workforce is after a one-stop shop for convenience, community and a good time – all in the one place.
This shift in thinking is creating a growing demand for luxury developments that mix it all up – residential, commercial, retail, entertainment and more – rather than just building a bunch of separate buildings.
As Mohali is evolving, people have started to expect more. The scenario was quite different a decade ago. But nowadays, people who are making the big bucks, or the ones who are just trying to make time for everything, don’t have all that much time to waste on travel. After a long day of putting out fires and getting things done, the last thing they want to do is drive somewhere, park their car and then walk to the coffee shop or the gym.
Having all the amenities right on your doorstep, so to speak, is no longer a nice-to-have; it’s a must-have. And this is why all these fancy new mixed-use developments are cropping up in cities all over the world – and Mohali is right on track to follow suit.
As Mohali’s tech corridor continues to grow at a rapid pace, there is a huge gap in the market for places that bring together luxury living, top-notch shopping, entertainment, and all the finer things that one needs in one place. You know, the kind of urban spaces that actually feel like home.
Homeland Regalia is designed to address that need head-on by combining all the best bits of modern living in one ambient destination. This project shows us how urban development should really be about building for the future.
Whether you are a stressed-out worker looking for some top-class leisure time or a family after a more refined lifestyle, Homeland Regalia is right on the money, giving people a place to call home.
Now, while tech has been a major driver of Mohali’s growth, the city’s also got some brilliant connectivity going on – the airport, expanding roads, planned urban sectors and ongoing upgrades all mean that businesses, investors and top talent from all over India are getting drawn in.
As more and more people come to the area for work and then decide to stay, it’s only natural that the demand for top-notch residential and commercial spaces will follow suit.
Which basically means that places that can offer up a complete lifestyle experience – not just a building or a few shops here and there – are really in high demand.
Every big tech hotspot has an inevitable moment of change – as they grow into more than just technology parks.
Cities like Bengaluru, Pune, Hyderabad, and Gurugram are clear examples of how people want to live in nice places as the tech companies started to emerge. The shopping malls, outings at high-end restaurants, and the ambient workplaces have changed the direction for Mohali as well. The city is now heading down that same path.
The city’s tech scene is attracting a ton of brains, money, and new ideas – and the result is a rush for smart homes, good restaurants, top-notch hotels, and all the spaces you want to hang out in.
Projects like Homeland Regalia are actually helping write the script on what the next chapter of urban Mohali is going to look like.
Mohali is turning into a major tech player, and that’s giving it a brand new urban look. New people are moving in every day – and they’re all looking for a life that’s easy, in style.
As the city keeps on growing, it’s going to need more places like Homeland Regalia – places that make a statement about the kind of city Mohali wants to be.
And all that growth you’re seeing now is only just the start – in the years ahead, the need for places like this really is going to get huge.
SALES GALLERY
Group Housing Site, Airport Road,
Sector 77, Sahibzada Ajit Singh Nagar,
Punjab 160070
PBRERA-SAS81-PR0757
Property managed by CBRE
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