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GB Realty Group Under the Lens - Tricity's Rising Luxury Developer
- Is GB Realty Group RERA-approved?
- What unit configurations does GB Realty Group offer?
- Where exactly are GB Realty Group's projects located?
- Who founded GB Realty Group?
- What's the payment plan for Opus One?
- Is New Chandigarh a stronger long-term bet than Chandigarh city itself?
- Does GB Realty Group have any ready-to-move options?
GB Realty Group is shaping Tricity’s real estate landscape through thoughtfully planned developments, refined architecture and a strong commitment to quality. With a vision rooted in trust, transparency and modern living, the group creates premium residential spaces designed to deliver lasting value, comfort and an elevated lifestyle for discerning homebuyers.
We spend our days walking Tricity's construction sites, reading RERA filings and comparing what developers promise against what gets built. Every so often, a name enters this market with enough disclosed detail to earn a closer look and GB Realty Group is one of those names in 2026.
Positioned between Chandigarh's tree-lined sectors and Mohali's fast-expanding skyline, GB Realty Group has taken an approach that stands out in a market often defined by rapid, repetitive launches: fewer projects, built with more deliberation.
The research into who is behind the brand, what has actually broken ground and whether it belongs on a serious buyer's shortlist — compiled using the same developer-verification process we apply across our decade-plus of Tricity coverage.

The People Behind the Brand: Who Actually Runs GB Realty Group?
Property, in the end, is a confidence business. A 30-storey tower is only as reliable as the people who signed off on its foundations. GB Realty Group is chaired by Gurinder Bhatti, with Puneet Khannaas co-founder; a pairing whose credibility was built well before either man entered construction, across international education, hospitality management and cross-border consultancy.
Gurinder Bhatti: A Career That Started in Global Education and Hospitality, Not Concrete
Chairman Gurinder Bhatti's academic grounding came from overseas: a Business Management qualification from Schiller International University in the UK, which shaped the international, analytical lens he later applied to every business he touched.
He is the Founder & Chairman of Optas Group, Opulence Education Group, ESS Global, GB Realty.
Before GB Realty Groupexisted, Bhatti Ji had already built a multi-sector track record spanning global student mobility, international education and luxury hospitality— industries that, like real estate, are won or lost on whether promises made years in advance get kept. This background, confirmed on GB Realty's own corporate profile, is what Acquire Estateconsiders the real differentiator: not a first-time developer testing the waters, but an operator applying a proven trust-first playbook to a new industry.
As Chairman, Bhatti Ji has publicly fronted Opus One, calling it the first GMADA "Iconic Certified" RERA-approved project in New Chandigarh — a status tied to the plot's origin as a GMADA-auctioned parcel inside Eco-City 2.
He has spoken about the project's low-density philosophy, with close to four-fifths of the land kept as open, landscaped space — an unusually generous ratio for this market. Outside the house, he remains visibly engaged in community and philanthropic work.
Puneet Khanna: From an MBA to a Decade in Global Education Before Turning to Real Estate
Co-founder Puneet Khanna's path into property was even less conventional. His career opened in 2005, straight out of an MBA programme and for over ten years his focus wasn't bricks but something harder to build: family trust.
In 2010, he set up an international education consultancy guiding Indian students through overseas admissions — a business that survives only if it keeps its word to parents handing over their children's futures.
That consultancy scaled into something considerably larger. By 2018, Khanna Ji had co-founded Opulence Education Group out of Toronto, growing it into an 11-institution network spanning Canada and Australia and enrolling upward of 10,000 students — ten thousand families willing to trust a single person's judgment about their children's futures.
In 2024, reading the growth curve of North India's property market, Khanna Ji co-founded GB Realty Group to bring that same transparency-first instinct to residential and commercial development across the Tricity . He, too, remains involved in social-impact work alongside the business.
What Does GB Realty Group Actually Deliver on Its Promises?
Every developer's hoarding claims 'trust' and 'luxury.' What people look for are the credentials behind those words. On that front, GB Realty Group checks a longer list than most regional peers:
Construction handled by Suryacon, one of the region's more established execution partners
Interiors designed in collaboration with Hirsch Bedner Associates (HBA Singapore)— HBA's first residential project anywhere in India
IGBC Platinum certificationfor sustainable, energy-conscious construction
GMADA's 'Iconic Certified'tag on flagship launches
Public disclosure of RERA numbers for every live project, rather than information withheld until a site visit
For a buyer, that's the gap between a claim on a hoarding and a claim you can independently pull up on the Punjab RERA portalbefore signing a cheque.
The Complete GB Realty Group Portfolio
Some developers pad their portfolio pages with dozens of loosely affiliated projects to appear bigger than they are. GB Realty Group 's list is deliberately short — and every line item is a live, visitable, under-construction site. Here's the full snapshot as it stands:
Project | Location | Type | Configuration | Scale |
Opus One | Eco-City, New Chandigarh | Residential | 3, 4, 5 (6) BHK | 3.5 lakh sq. ft. |
The Pinnacle | Sector 83A, Mohali | Residential | 3, 4, 5 BHK + Penthouses | 36-storey towers |
First Avenue | Aerocity, Mohali | Residential | 2+1 / 3+1 BHK | -9 acres |
Eco City-1 | Sector 5, New Chandigarh | Commercial | Office / Retail Spaces | 1 lakh sq. ft. |
Opus One, New Chandigarh: Does It Live Up to Its 'Tallest Tricity Address' Claim?
Opus Oneis the premium GB Realty Group's flagship bet. Set across 8.75 acres inside Eco-City 2 in New Chandigarh, it comprises high-rise towers climbing to G+32 storeys, with roughly 688 ultra-luxury residences planned once fully delivered. Its positioning among the tallest residential addresses this part of New Chandigarh has ever seen.
What Acquire Estate's team found more interesting than the height, though, is the land-use ratio: nearly 79 percentof the site is reserved as green, landscaped open space, leaving only about 21 percent for actual construction. That's a strikingly generous open-space allocation for a project this dense and it's written directly into the approved site plan rather than promised as a future add-on.
Unit configurations span 3+1, 4+1 and 5+1 BHK formats, with sizes starting near 3,000 sq. ft. and running past 5,500 sq. ft. for the larger layouts. Interior design comes courtesy of HBA Singapore, the firm behind some of the world's most recognised luxury hospitality interiors — this marks their first residential assignment in India.
Facts has independently confirmed:
RERA Registration: PBRERA-SAS81-PR1267
Indicative pricing: around ₹10,500 per sq. ft. (rates move with construction stage — reconfirm before booking)
Payment structure: Iconic 1% Plan — 20% at booking, then fixed monthly instalments of up to 1% across 42 months, covering roughly 40% of total value
Certifications: IGBC Platinum; GMADA 'Iconic Certified' status
Construction partner: Suryacon
Current status: Under construction, with a full-size show apartment already open for buyers to inspect finishes and layouts firsthand
Whether Opus One earns the landmark status its early campaigns claim will come down to execution — but by the standard of full, public disclosure, few 2026 Tricity launches match it.
The Pinnacle, Sector 83A Mohali: Worth the Hype Around Its Sky-Level Walkway?
Where Opus Onecompetes on scale, The Pinnacle competes on altitude and exclusivity. Rising across 36 storeys in Sector 83A, Mohali, it offers penthouse units alongside conventional 3, 4 and 5 BHK layouts — a penthouse category rarely seen outside metro price brackets in this region.
Its most distinctive element is a connecting sky-walk positioned near the 36th floor, linking towers with sweeping Tricity views, alongside landscaped green decks, dedicated sports zones and smart home automation included as a standard fitting rather than a paid upgrade.
Facts has independently confirmed:
RERA Registration: PBRERA-SAS81-PR1166 (Towers T1-B and T1-C)
Land parcel: approximately 8.02 acres
Signature feature: elevated sky-walk connecting towers
Amenities: landscaped decks, dedicated sports zones, integrated smart-home systems
For buyers chasing penthouse-grade prestige without leaving the Tricity, currently sees The Pinnacleas one of very few developments occupying that specific niche.
First Avenue, Aerocity Mohali: Why Acquire Estate Is Watching Airport Road Closely
As Chandigarh's planned sectors run out of room, development has pushed outward — and the PR7 Airport Road belt in Mohalihas become one of the corridor's most closely tracked micro-markets. First Avenuesits on close to 9 acres of GMADA-approved land in this Aerocity zone.
Rather than stacking units into a dense high-rise, First Avenueis planned around low-density living — 2+1 and 3+1 BHK independent floors and apartments meant to feel closer to a private villa than a standard apartment block, while still operating within a secured, gated layout with landscaped avenues and clubhouse access.
Facts has independently confirmed:
Location: Aerocity, Airport Road (PR7), Mohali
Land parcel: roughly 8–9 acres
Configurations: 2+1 and 3+1 BHK independent floors and apartments
Connectivity: a short drive from Chandigarh International Airport and major IT/business hubs
Status: recently launched phase, priced competitively for early entrants; verify current RERA status and rate card before committing
In early-phase pricing in a corridor this well connected rarely holds for long — which is exactly why activity around Airport Road has picked up pace.
Eco City-1, Sector 5 New Chandigarh: The Commercial Layer Holding the Neighbourhood Together
Not every relevant address is residential. Eco City-1, GB Realty Group's commercial project in Sector 5, New Chandigarh, covers about 1 lakh sq. ft. of office and retail space — built to give nearby clusters, including Opus One, the everyday retail frontage and workspace they'd otherwise drive out for.
A residential tower without a commercial anchor nearby eventually forces daily commutes for basic errands; Eco City-1is GB Realty Group's answer and Acquire Estatereads it as neighbourhood-level planning rather than a single isolated launch.
What Everyday Life Inside a GB Realty Group Address Might Actually Look Like
Imagine it's 6:45 in the morning. Instead of sector traffic and horn noise, you're on a landscaped green deck with your first cup of tea, watching early light hit the Shivalik foothills. Your kids walk to a play area inside the same gated community rather than being driven across a congested city.
That's the everyday case GB Realty Group is building toward — not one flashy amenity, but small, human conveniences: a lift that's never broken, a guard who knows your name, a clubhouse people actually use.
For a generation of Tricity buyers who watched their parents build a house room by room over decades, that shift — from a lifelong project to a move-in-ready address.
How GMADA's Infrastructure Push Is Setting the Stage for GB Realty Group
No developer builds in a vacuum and GB Realty Group's projects are no exception — they sit inside a much larger infrastructure story authored by GMADA, the Greater Mohali Area Development Authority, which has spent recent years converting New Chandigarhand its surrounding belt from scattered villages into a planned urban extension of the Tricity.
It's GMADA's land-pooling and auction process that put sites like Opus One's Eco-City 2 parcel on the market in the first place — auctioned, zoned and released under the authority's own regional masterplan.
That matters because roads, drainage and civic services around these sites are planned at a city-wide level, not negotiated project by project. It also explains the pace of change: Aerocity, once a quiet Airport Road stretch, is now one of Mohali's most actively marketed micro-markets and Eco-City 2 now anchors GB Realty Group's flagship launch.
Residential Property Price Appreciation in New Chandigarh: 2020–2026
The table below presents an indicative average asking-price trend for residential apartments and builder floors in New Chandigarh, including the Mullanpur micro-market. It should not be treated as an official transaction-price index because no public authority publishes a complete annual New Chandigarh series for every year.
Source: MagicBricks reported an average residential asking price of approximately ₹7,219 per sq. ft. during April–June 2025. SquareYardsplaces the average apartment asking price in Mullanpur at around ₹8,300 per sq. ft. in March 2026, compared with approximately ₹7,350 per sq. ft. in June 2025.
Year | Indicative Average Residential Price | Annual Appreciation | Appreciation Since 2020 | Value of a 1,500 Sq. Ft. Home |
2020 | ₹3,500 per sq. ft. | Base year | Base year | ₹52.50 lakh |
2021 | ₹3,800 per sq. ft. | 8.6% | 8.6% | ₹57.00 lakh |
2022 | ₹4,300 per sq. ft. | 13.2% | 22.9% | ₹64.50 lakh |
2023 | ₹5,000 per sq. ft. | 16.3% | 42.9% | ₹75.00 lakh |
2024 | ₹5,900 per sq. ft. | 18.0% | 68.6% | ₹88.50 lakh |
2025 | ₹7,219 per sq. ft. | 22.4% | 106.3% | ₹1.08 crore |
2026 | ₹8,300 per sq. ft. | 15.0% | 137.1% | ₹1.25 crore |
Overall appreciation
From approximately ₹3,500 per sq. ft. in 2020to ₹8,300 per sq. ft. in 2026, indicative residential prices increased by about:
- ₹4,800 per sq. ft.
- 137.1% cumulative appreciation
- Approximately 15.5% compound annual growth
A residential property valued at approximately ₹52.50 lakh in 2020, based on an area of 1,500 sq. ft., would carry an indicative asking value of around ₹1.25 crore in 2026, subject to the project, developer, age, construction quality, floor, location and possession status.
Acquire Estate's View: Who Should Actually Consider a GB Realty Group Home?
No single developer fits every buyer. Based on what's publicly built and disclosed, Acquire Estatesees GB Realty Group's portfolio working best for:
End-users relocating into Chandigarh, Mohali or New Chandigarh who want a RERA-verified, professionally managed community rather than a self-built independent plot
NRI investors who want a transparent, publicly documented project with RERA numbers they can verify remotely
Growing families wanting green, low-density living without sacrificing proximity to the airport, IT parks and schools
Long-horizon investors comfortable riding out under-construction timelines in exchange for early-phase pricing in a GMADA growth corridor
Business owners seeking commercial space, such as Eco City-1, close to a captive residential customer base
Equally worth saying plainly: buyers who need immediate possession, a fully ready-to-move address, or decades of developer track record may find GB Realty Group's current under-construction portfolio isn't the right fit today — and it's better to know that before falling for a rendering.
GB Realty Group vs. the Typical Tricity Developer: Acquire Estate's Comparison
Every brochure uses the words 'luxury' and 'trust.' The real question is what's verifiable behind them. Here's how GB Realty Group's disclosed practices stack up against the region's typical approach:
Parameter | GB Realty Group | Typical Regional Developer |
RERA Transparency | RERA number publicly disclosed per project (e.g. PBRERA-SAS81-PR1267) | Often shared only on request or after a site visit |
Green Space Ratio | Up to -79% open/landscaped space on flagship project | Usually maximised for built-up area, less open space |
Design Collaboration | International design partner (HBA Singapore) for interiors | Mostly in-house or local design teams |
Sustainability Certification | IGBC Platinum-rated development | Certification not always pursued or disclosed |
Payment Structure | Structured 1% monthly plan with disclosed milestones | Varies widely; milestones not always transparent |
Portfolio Approach | Small, actively verifiable project list | Sometimes large lists with unclear project status |
Why Mohali and New Chandigarh Are Suddenly the Corridor Everyone's Watching
For years, the Tricity luxury conversation revolved almost entirely around Chandigarh's own sector grid and a cluster of Zirakpur high-rises. That's shifted. New Chandigarh/Mullanpurhas become GMADA's flagship planned expansion, built around wide roads, dedicated green corridors and a masterplan designed to sidestep the congestion older sectors now deal with. Mohali's Airport Road and Aerocity stretch carries one simple but powerful advantage: it sits 15 to 20 minutes from Chandigarh International Airport, major IT parks and educational institutions which is why buyers who once compared only Gurugram and Noida are now putting Mohali and New Chandigarh on the same shortlist.
Here's what we see pulling both end-users and investors toward this belt right now:
Direct, minutes-away connectivity to Chandigarh International Airport
GMADA-led planned infrastructure, including dedicated green belts and wide arterial roads
Proximity to established educational and healthcare institutions across Mohali and Chandigarh
A clear shift of premium launches away from congested older sectors and toward New Chandigarh and Aerocity
Growing interest from NRI and outstation buyers seeking a quieter, greener alternative to Delhi-NCR's density
What Does 'Luxury' Mean in GB Realty Group's Portfolio — Beyond the Word Itself?
The word 'luxury' gets stamped on so much real estate marketing that it's nearly lost meaning. Across its portfolio, GB Realty Grouptries to anchor it in specific, deliverable features rather than vague adjectives:
Clubhouse and wellness spaces built for daily use, not just show-flat photography
Landscaped green decks and open-air walkways, most visible at The Pinnacle's sky-level connector
Smart home automation included in base specifications at select projects
Sports and recreation zones planned into the masterplan rather than bolted on later
Independent servant quarters and extra utility space in larger configurations
Sustainability-first design, backed by IGBC Platinum certification and generous open-space ratios
None of this substitutes for the fundamentals such as natural light, sensible layouts, honest build quality, but it suggests a developer thinking past the lobby marble toward how residents actually live day to day.
Is a GB Realty Group Investment in 2026 a Sound Bet or a Risk?
What can be said with confidence: GB Realty Group's flagship projects are RERA-registered, meaning buyer payments carry legal protection under Punjab's RERA framework, project timelines are publicly tracked and the developer faces regulatory consequences for missed disclosures.
Beyond that regulatory layer, the underlying location thesis holds up. New Chandigarh and Mohali's Aerocity belt sit squarely inside GMADA's active infrastructure push and Tricity corridors that received early GMADA attention — from IT City to Sector 82-91 — have historically seen meaningful price appreciation over 5-to-8-year horizons. That's not a guarantee for any specific GB Realty Group launch, but it's the broader pattern this corridor has followed.
Before booking with any developer, GB Realty Group included, Acquire Estate recommends independently verifying:
The RERA registration number on the official Punjab RERA portal (rera.punjab.gov.in)
Current per-square-foot pricing directly from the sales office, since rates shift with construction milestones
Actual on-ground construction progress via a site visit, not just brochure renders
Payment plan terms confirmed in writing before any booking amount changes hands
How Acquire Estate Verifies Every Developer We Cover
This review didn't start with a press release. Over more than a decade tracking Tricity's property cycles, Acquire Estate has built a standing process for evaluating any developer before featuring them: cross-checking RERA filings against the Punjab RERA portal, confirming land-parcel origin through GMADA's own records and, wherever possible, visiting the site rather than relying on renders alone. Claims that can't be independently confirmed, unverified pricing, or connectivity claims that don't hold up geographically are flagged rather than repeated as fact. It's the same standard we apply across our own coverage of the Tricity market or Tricity real estate projects and it's why buyers come back to us for a second opinion before they sign anything.
Acquire Estate's Final Verdict: Does GB Realty Group Belong on Your Shortlist?
Buying a home is never purely transactional — it's a decision about the mornings you want to wake up to and that's precisely the territory GB Realty Grouphas chosen to compete in. Whether it's the height ambition of Opus One, the sky-walk exclusivity of The Pinnacle, the low-density calm of First Avenue, or the commercial groundwork of Eco City-1, every address in the portfolio rests on the same foundation: disclosed design intent and RERA-backed transparency.
For buyers watching Mohali and New Chandigarh transform in real time, Acquire Estatesees GB Realty Groupas a rare thing right now: a developer whose story can actually be checked — from its founders' verifiable backgrounds down to individual RERA numbers.
If 2026 is the year you stop renting and start owning, this portfolio is worth an unhurried look, paired with your own site visit and a second opinion from Acquire Estate's team before you commit.
Frequently Asked Questions — Answered by Acquire Estate
Is GB Realty Group RERA-approved?
Yes. GB Realty Group's flagship projects carry publicly disclosed Punjab RERA registration numbers, including PBRERA-SAS81-PR1267 for Opus One and PBRERA-SAS81-PR1166 for the Sector 83A towers in Mohali. Acquire Estate always recommends cross-checking current status on the official RERA Punjab portal before booking.
What unit configurations does GB Realty Group offer?
Across its live projects, GB Realty Group offers 2+1, 3+1, 4+1 and 5+1 BHK residences, plus penthouse units at The Pinnacle and commercial office/retail spaces at Eco City-1.
Where exactly are GB Realty Group's projects located?
The current portfolio is concentrated in New Chandigarh (Eco-City 2 and Sector 5) and Mohali (Sector 83A and Aerocity on Airport Road) — both inside the fast-developing Tricity growth corridor Acquire Estate tracks closely.
Who founded GB Realty Group?
GB Realty Group was co-founded in 2024 by Chairman Gurinder Bhatti and co-founder Puneet Khanna, both entrepreneurs with verifiable prior track records across global education, international hospitality and cross-border business consultancy before entering real estate.
What's the payment plan for Opus One?
Opus One runs on an Iconic 1% Payment Plan: 20% upfront at booking, followed by fixed monthly instalments of up to 1% of property value over 42 months (covering roughly 40% of total cost), with the remaining balance tied to construction and possession milestones.
Is New Chandigarh a stronger long-term bet than Chandigarh city itself?
New Chandigarh was purpose-planned by GMADA as an organised extension of Chandigarh's legacy grid, with wider roads and dedicated green belts. As Chandigarh's own sectors approach saturation, analysts — Acquire Estate included — widely view New Chandigarh and Mohali's growth corridors as the region's next appreciation zones, though actual returns depend on holding period, execution quality and market conditions.
Does GB Realty Group have any ready-to-move options?
As of 2026, GB Realty Group's flagship projects — Opus One, The Pinnacle and First Avenue — are all at various under-construction stages rather than ready-to-move. Buyers who need immediate possession should confirm current construction status directly before booking.
Want Acquire Estate's team to walk you through a site visit, current pricing, or RERA documentation for any project mentioned here? Reach us directly at 7837393955 . As always, verify project-specific details on rera.punjab.gov.in and gmada.gov.in before making any booking decision.
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