Smartworld Developers does not yet carry a project in Mohali, and this page does not claim one. What it offers instead is a factual read on the developer's scale, product philosophy, and expansion pattern, set against a Mohali market that shares several of the traits Smartworld has targeted elsewhere in the National Capital Region.
Founded in 2021 by Pankaj Bansal, the company has reported cumulative sales of over INR 24,000 crore within five years of operation, placing it among the fastest-growing real estate brands in NCR. That growth has come with zero debt, 12 projects across Gurugram and Noida, and a strong play in premium, luxury and branded residences. The portfolio spans low-rise communities, high-rise developments, luxury housing, branded residences and high-street retail.
Smartworld's Gurugram footprint is concentrated in named micro-markets rather than spread thin across the city. Its projects include Smartworld Orchard in Sector 61 opposite Grand Hyatt on Golf Course Road Extension, Smartworld Gems in Sector 89 in New Gurugram, and Smartworld One DXP near the Delhi Airport in Sector 113. Smartworld Gems itself is a premium low-rise residential development spread across approximately 52 acres. The company has also moved into branded residential collaborations, awarding a large construction contract for its Trump Residences project in Gurugram and partnering on an ELIE SAAB-branded residence launch in both Gurugram and Noida.
In December 2025, the company took its first step outside Gurugram. Gurugram-based Smartworld Developers acquired a 6-acre land parcel in Sector 98, Noida through an auction, with the acquisition bid made at Rs 414 crore. The company described plans for a mixed-use development comprising premium, branded residences, high street retail and serviced homes, with a total development cost of Rs 2,000 crore and gross sale value projected at over Rs 3,000 crore. The resulting first project, Smartworld Residences by Elie Saab in Noida, spans six acres and will feature approximately 650 residences, supported by an investment of Rs. 1,500 crore.
The Noida entry is instructive because it shows how a Gurugram-anchored developer decides where to go next: a large urban agglomeration adjacent to its home base, with its own expressway identity, an international airport under construction nearby, and a buyer pool already familiar with the brand through NCR media coverage and project delivery. The Noida project was positioned along the Noida-Greater Noida Expressway with connectivity to South Delhi, IT hubs and commercial districts, its appeal further enhanced by proximity to the upcoming Jewar International Airport. Company leadership has framed such moves in terms of infrastructure timing, noting that while Gurgaon is a mature market supported by projects like the Dwarka Expressway and UER 2, adjacent markets are rapidly developing on the back of similar catalysts.
Mohali is not part of Smartworld's current portfolio, and nothing here should be read as an announcement. But the district shares the structural features that have historically drawn this kind of developer to a new city: a mature metro-adjacent core (Chandigarh, in Mohali's case, rather than Delhi), a named IT and institutional cluster, and visible public investment in roads and mass transit ahead of private capital.
Mohali's price trajectory over the past three years has been steep by Indian tier-2 standards. The market has recorded 60-80% price appreciation over five years and is described as Punjab's fastest-growing real estate market. With infrastructure upgrades, IT sector expansion and increasing connectivity to Chandigarh, property values across the city have appreciated 12-18% year-on-year in key sectors. Within that trend, premium sectors have moved fastest: Sector 79's average price of roughly Rs 19,769 per sq ft reflects a 62% year-on-year rise, while Sectors 78 and 80 saw gains of around 14.8% and 11.3% year-on-year, averaging Rs 16,343 and Rs 15,259 per sq ft respectively.
The gap with the neighbouring capital remains the core investment argument. Mohali's overall price range of roughly Rs 6,000-8,500 per sq ft compares with Chandigarh's Rs 12,000-plus, a differential that continues to attract cost-conscious buyers. Properties in Mohali run 30-50% more affordable than comparable Chandigarh stock while offering similar lifestyle amenities, which is exactly the value proposition first-time premium buyers and NCR-style upgraders respond to.
Infrastructure spend underwrites this. Ongoing projects include the widening of Airport Road (PR-7), new roundabouts linking Sectors 76-89, sector-dividing roads such as the Landran-Kharar-Chappar Chiri corridor, and a planned Mohali-Chandigarh Metro. Proximity to Chandigarh International Airport, ISB and IISER is cited as a reason the district is considered ideal for working professionals. Mohali, also known as SAS Nagar, is recognised for its IT hub, with developments like IT City and Aero City, and is a growing residential and commercial centre.
For a buyer following Smartworld Developers specifically, the honest position is this: the company's delivered and under-construction inventory sits in Gurugram, with its second city, Noida, added in December 2025. Growth has been paired with a zero-debt balance sheet and a construction commitment of over INR 5,000 crore, an approach the company has described as balancing expansion with financial discipline. That discipline, evident in how deliberately it chose Noida over a scattershot multi-city launch, suggests any future city addition would follow the same logic: an established institutional and IT anchor, an infrastructure timeline already underway rather than merely proposed, and a price gap against a mature neighbouring market. Mohali, sitting next to Chandigarh with its own IT City, airport expansion, and metro plan, fits that template on paper, even though no Smartworld project in the district exists as of this writing. Buyers should treat current Mohali developer activity and Smartworld's own India-wide project list as the two facts to track independently, rather than assuming a connection that has not been announced.