GB Realty Unveils Punjab’s First Jacob & Co.-Branded Luxury Residences in Mohali
Chandigarh, October 26, 2026: Punjab-based real estate developer GB Realty has announced a luxury residential development on Airport Road, Mohali, in collaboration with global luxury watch and jewelry brand Jacob & Co., according to a press release. The company is positioning the development as Punjab’s first branded residences project.
The development marks GB Realty’s entry into the branded residences segment as part of its strategic expansion into luxury and ultra-luxury housing across North India. The initiative will combine Jacob & Co.’s design influence with GB Realty’s real estate development capabilities.
GB Realty plans to invest approximately Rs 2,400 crore to Rs 2,500 crore in the project. This allocation includes a land investment of over Rs 1,000 crore, with the remaining capital earmarked for construction, development, and associated project costs. The project aims to meet the growing demand for distinctive luxury housing across the Chandigarh–Mohali–Panchkula Tricity region.
Gurinder Bhatti, Founder and Managing Director, GB Realty, said, “Punjab has always embraced a larger-than-life vision of living, and our ambition is to translate that spirit into residences with a distinctive identity. Our collaboration with Jacob & Co. brings an international design perspective to the project, supported by GB Realty’s development vision. Our planned investment of approximately ₹2,400–2,500 crore, including over ₹1,000 crore for land, reflects our confidence in Tricity’s potential and our commitment to creating a new benchmark for luxury living in North India.”
The Mohali project is component to GB Realty’s broader expansion strategy, which entails investing over Rs 5,000 crore over the next three years to broaden its luxury residential portfolio and enter new market segments across North India. Over the next five years, the firm aims to scale its cumulative investment to approximately Rs 10,000 crore, with around Rs 3,500 crore dedicated to luxury and ultra-luxury residential projects.
