On March 12, 2026, one of the most significant real estate signals in the history of Mohali played out on a construction site in IT City — and most property investors in the region missed it entirely.
Infosys, India’s second-largest IT services company, broke ground on a brand-new ₹290 crore development campus in Mohali. The new facility covers 350,000 square feet, is designed to seat 3,000 employees, and will triple Infosys’ existing Mohali workforce from approximately 1,000 people to nearly 4,000 within its first phase alone. Punjab Chief Minister Bhagwant Singh Mann and Infosys CFO Jayesh Sanghrajka were both present at the ceremony — a signal of how seriously both government and industry are treating this expansion.
For most people, this was a corporate news story. For investors in Mohali City Centre, it is something far more important: confirmation that the single most powerful driver of real estate value — large-scale, high-income employment — has just arrived permanently at their doorstep.
As Reported By
The Pinnacle Mohali: Sharing a Wall With India’s IT Future
Within the Mohali City Centre portfolio, there is one residential project that sits in a position that no marketing brochure could manufacture and no competing developer can replicate: The Pinnacle.
Located in Sector 83 Alpha, IT City Mohali, The Pinnacle does not simply sit near the Infosys campus. It shares a boundary wall with it. When Infosys employees step out of their new 350,000 square foot development block, The Pinnacle is the first premium residential address they will see. This is not a coincidence of geography. It is one of the most defensible investment positions available in North Indian real estate today.
RERA registered under PBRERA-SAS81-PR1166, The Pinnacle offers 3, 4, and 5 BHK ultra-luxury residences starting from ₹7,100 per square foot. For an Infosys employee relocating to Mohali or a senior IT professional seeking a home that eliminates the daily commute entirely, The Pinnacle is not one option among many. It is the only option of its calibre at this address.
What 3,000 High-Income Employees Do to Surrounding Real Estate
To understand the investment case for The Pinnacle and Mohali City Centre, you need to understand what happens to real estate when a large-scale, high-income employer moves into a neighbourhood. The pattern has played out identically in every major Indian IT corridor.
When Infosys, Wipro, and TCS built their campuses in Electronic City Bengaluru, surrounding apartment prices appreciated over 400% across fifteen years. When Infosys established its Pune campus in Hinjewadi, property values in the surrounding radius tripled within a decade. When the Hyderabad IT corridor around HITEC City reached employment critical mass, it became one of the highest-appreciation real estate markets in India’s history.
The mechanism is straightforward. IT professionals earn significantly above the city average. They have strong preferences for quality residential accommodation close to their workplace. They eat out frequently, use premium retail, value fitness facilities, and spend consistently on lifestyle services. And when a company of Infosys’ scale places 3,000 people in a location, dozens of partner companies, consulting firms, and staffing agencies follow — creating a multiplier effect that compounds year after year.
Mohali’s IT City is now entering exactly this phase. The investors who will capture the largest share of the resulting appreciation are those who position themselves before the market fully prices it in — not after.
Book a free site visit and see the Infosys campus boundary for yourself.
Mohali City Centre: The Nearest Commercial Hub to the Infosys Campus
The Pinnacle solves the residential question for IT City’s growing workforce. But the broader Mohali City Centre development — 35 acres of premium commercial and mixed-use space on the 200-foot Airport Road — solves every other question that 3,000 new employees and their families will ask.
Where will Infosys employees eat? Mohali City Centre is home to Burger King, Baskin-Robbins, and a growing portfolio of food and beverage tenants in MCC Walk — Aerocity’s first open-air high-street retail concept designed specifically for cafes, restaurants, and lifestyle brands. MCC Walk is the nearest premium food destination to the Infosys campus of any commercial development in the area.
Where will Infosys’ vendor and partner companies set up offices? Every large IT campus generates a surrounding ecosystem of smaller technology companies, consulting firms, and professional service providers who need to be physically proximate to their anchor client. MCC 2 and MCC 3 offer fully equipped office spaces and SCOs at price points and in a location that no other commercial development in the area can match.
Where will new employees and visitors park? Mohali City Centre’s commercial projects offer multi-level basement parking and surface parking across all seven projects — a practical advantage that becomes increasingly valuable as the IT City population grows and parking near the campus itself becomes scarce.
Where will Infosys’ global clients dine and shop when visiting Mohali? Corporate visitors need proximity to professional services, quality dining, and premium retail. Mohali City Centre provides all three, making it the natural business district for the entire IT City catchment.
The relationship between a large IT campus and its surrounding commercial hub is one of the most well-documented value creation patterns in Indian real estate. Mohali City Centre’s position as the nearest commercial hub to the Infosys campus is a structural advantage that compounds with every new employee Infosys adds to its Mohali workforce.
2 Minutes From the Airport — The Location Advantage Nobody Can Copy
Two minutes. That is the distance from Mohali City Centre to Chandigarh International Airport on the 200-foot Airport Road.
For a company like Infosys — which serves global banking, healthcare, and retail clients across multiple continents — airport proximity is not a lifestyle amenity. It is an operational requirement. Senior professionals fly in and out regularly. Global clients visit the campus for project reviews, launches, and partnership discussions. Airport proximity determines how attractive a location is for the company’s most senior talent and most important client relationships.
The fact that Infosys chose to invest ₹290 crore in a location that is 2 minutes from Chandigarh International Airport is a deliberate decision by one of the world’s largest technology companies that the Airport Road corridor is where India’s next IT hub is being built. Mohali City Centre sits at the precise centre of this corridor — the commercial address that is simultaneously closest to the airport, closest to IT City, and most visible from the road that connects them.
No competing developer can move their project closer to the airport. No new commercial launch in Aerocity can be nearer to the Infosys campus than Mohali City Centre already is. This location advantage is permanent, and it is already built into every unit across the portfolio.
The Numbers Behind the Opportunity
Before the Infosys expansion announcement, the investment case for Mohali City Centre was already among the strongest in North India:
- Aerocity commercial properties had appreciated more than 70% between 2021 and 2025
- Commercial rental yields were running at 6 to 8% annually — two to three times the residential yield
- The Mohali residential market was growing at 9.9% year on year
- IT City was already generating 40,000+ jobs by end of 2026 across all companies
The Infosys expansion sharpens these numbers further. Employment is the single most predictive variable in real estate appreciation. For every 1,000 high-income jobs added to a location, premium residential rents in the surrounding area increase by approximately 8 to 15%. Commercial rents for F&B and retail within 2 kilometres move by a similar margin. These are demand-side effects driven purely by the purchasing power and preferences of the new workforce.
With Infosys tripling its Mohali headcount, and with IT City as a whole continuing to expand, the demand-side pressure on premium residential and commercial spaces near Mohali City Centre will intensify significantly over the next three to five years. Pre-possession pricing — available today at The Pinnacle and across active MCC commercial projects — will not reflect this reality for much longer.
STJ Group: A Developer With a Proven Track Record
The strongest evidence for any real estate investment is not a render or a promise — it is a completed project that people chose to occupy. STJ Group delivered MCC 1 — 7 acres, 59 SCOs, 81 double-height showrooms — in under one year. It reached 100% occupancy faster than any comparable commercial project in Tricity history. Burger King, Adidas, and Baskin-Robbins all chose MCC 1 as their Aerocity address — professional retail tenants who conduct rigorous footfall and demographic analysis before signing a single lease.
STJ Group is entirely debt-free. This is one of the most important facts about any developer you will ever invest with. A debt-free developer is not subject to construction halts driven by loan repayment pressures — the single largest cause of delays and failed projects in Indian real estate. When STJ Group gives a possession timeline, there is no financial reason for them to miss it.
The Pinnacle is being built by this same team, to the same standards, on the most strategically located residential plot in IT City. That combination — proven execution, financial strength, and an irreplaceable location — is what makes this moment genuinely different from the typical “upcoming launch” that fills every real estate inbox.
The Window Is Narrowing — Act Before the Market Catches Up
Real estate markets are efficient over time. The Infosys expansion news is now public. Business Standard, Business Today, and Outlook Business have all covered it. The market will begin pricing in the demand implications over the coming months as more investors connect the dots between a 3,000-seat IT campus and the residential and commercial addresses that surround it.
Pre-possession pricing at The Pinnacle reflects today’s market — not the market that will exist when 3,000 Infosys employees are actively competing for premium residential accommodation within walking distance of their workplace. Not the market that will exist when IT City reaches its full employment capacity. Not the market that will exist after the Mohali Municipal Corporation expansion formally includes Aerocity, which is expected in 2026 and historically drives a further 15 to 35% uplift in surrounding property values.
The investors who act in the window between announcement and delivery capture three overlapping appreciation drivers simultaneously: pre-possession pricing, employment-driven demand, and MC expansion. That triple convergence is rare. When it appears at an address this strong — shared boundary with Infosys, 2 minutes from the airport, nearest commercial hub in the region — it deserves serious attention.
Book a Free Site Visit — See It for Yourself
No article, render, or brochure can replace standing at The Pinnacle site in Sector 83 Alpha and seeing the Infosys campus boundary with your own eyes. No description of MCC 1 can substitute for walking through it — a fully delivered, 100% occupied commercial development that proves beyond any doubt what STJ Group delivers and what this location generates.
Our team is available seven days a week to arrange a personalised site visit at your convenience. Come with your questions. Leave with your decision made on complete, firsthand information.
Ready to Invest in Mohali City Centre?
The Pinnacle, MCC 2, MCC 3, MCC 4, MCC Avenue, MCC Walk — our team will match you to the right investment for your budget and goals.
RERA: PBRERA-SAS81-PC0068 (Commercial) · PBRERA-SAS81-PR1166 (The Pinnacle)