GB Jacob & Co Residences for NRIs
Buying a branded home in Punjab from overseas
Punjab has one of India's largest NRI communities. Here's a step-by-step view of buying at GB Jacob & Co Residences from abroad.
Why NRIs Look at Mohali
Punjab's large diaspora in Canada, the UK, the US and Australia keeps NRI interest in Mohali strong. Airport proximity, gated security and managed upkeep make GB Jacob & Co Residences a natural fit.
Under FEMA, NRIs and OCIs can generally buy residential property in India (agricultural land and farmhouses are restricted), paying through NRE/NRO/FCNR accounts or normal banking channels.
NRI Advantages
Airport Road
Easy visits and inspections.
Remote Process
Power of attorney can help with paperwork.
NRI Home Loans
Indian banks offer NRI home-loan products.
Steps for NRI Buyers
Wait for Punjab RERA registration; verify title and approvals; arrange a registered power of attorney if you cannot attend; route payments through permitted bank accounts; and keep records for future repatriation.
Consult a cross-border tax advisor on TDS, capital gains and DTAA. General information only — not financial advice.
GB Jacob & Co Residences at a Glance
Key facts every buyer should know before shortlisting — compiled from GB Realty's announcement, news reports and promotional listings.
| Project | GB Realty Jacob & Co. Residences, Mohali |
| Developer | GB Realty (GB Group), Mohali & New Chandigarh |
| Brand Partner | Jacob & Co. — New York luxury watch & jewellery house (est. 1986) |
| Location | Airport Road, Mohali, Punjab — exact sector/site address to be confirmed |
| Project Type | Ultra-luxury branded residences — positioned as Punjab's first |
| Configurations | 3, 4 & 5 BHK luxury residences (indicative) |
| Residence Sizes | 3,500 – 8,000+ sq.ft.* (indicative, final sizes awaited) |
| Land Parcel | Reported between 4.5 and 9 acres* (sources differ) |
| Towers / Homes | About 5–6 towers and ~400 residences (reported) |
| Price | On request — indicative pre-launch quotes from ₹4.35 Cr* |
| Status | Upcoming / pre-launch |
| RERA | Punjab RERA registration awaited |
| Possession | Not announced |
*Figures differ across GB Realty's listing, news reports and promotional websites and are indicative only. Verify the approved layout, carpet area and price with the developer before booking.
Price List & Residence Sizes
Indicative pricing at GB Jacob & Co Residences for buyers searching NRI investment in Mohali luxury homes — the official price is on request, so enquire for the developer's cost sheet.
| Configuration | Price | Action |
|---|---|---|
3 BHK Luxury Residence With study (indicative) | Sizes awaited |
₹4.35 Cr* Onwards | |
4 BHK Signature Residence With study (indicative) | Sizes awaited |
₹7.25 Cr* Onwards | |
5 BHK Grand Residence Up to 8,000+ sq.ft.* (indicative) |
Price on Request |
*Official price is "on request". Figures shown are indicative pre-launch market quotes, not a developer price list; they exclude GST, stamp duty, registration and other charges. Do not pay any booking amount before Punjab RERA registration.
Location Advantages — Airport Road, Mohali
Drive times are approximate, based on promotional material, and depend on the final site entrance and traffic. See the full location & connectivity guide.
Chandigarh International Airport
About 10–15 minutes along Airport Road — ideal for frequent flyers and NRIs.
IT City Mohali
About 10–15 minutes to Mohali's planned IT and business district.
Mohali City Centre & Chandigarh
Mohali centre in 10–15 minutes; Chandigarh in about 20–25 minutes.
Fortis Hospital Mohali
About 15–20 minutes for multispecialty healthcare.
VR Punjab Mall
About 15–20 minutes for shopping, dining and entertainment.
PCA Stadium & Panchkula
PCA Stadium about 15 minutes; Panchkula about 30–35 minutes.
Frequently Asked Questions
NRIs and OCIs can generally buy residential property in India under FEMA. Verify current rules with your bank.
Many Indian banks offer NRI home loans, subject to eligibility and project approvals.
Not always — a registered power of attorney can help with documentation.
RERA registration, title, approvals, payment channel and tax implications.
Related Guides
Get the Official Brochure & Price on Request
Register your interest to receive GB Jacob & Co Residences' brochure, indicative floor plans, the developer's price sheet and Punjab RERA updates as soon as they are released.
Get in Touch
Register your interest in GB Jacob & Co Residences, Mohali for the official brochure, indicative floor plans, price on request and launch updates — including Punjab RERA status.