Rental Income Apartments in Mohali
Who rents luxury — and what yields look like
A realistic view of rental demand for large luxury homes near IT City and the airport.
Who Rents Luxury Homes in Mohali
Tenants for luxury homes typically include senior corporate executives, expatriates, business families relocating temporarily and professionals linked to IT City and the airport.
Rental yields on luxury homes are usually lower than on mid-segment apartments. For very large formats such as those planned at GB Jacob & Co Residences, demand is narrower, so research comparable rents carefully.
Rental Factors
Corporate Tenants
Executives near IT City and the airport.
Furnishing
Luxury tenants often expect furnished homes.
Upkeep
Maintenance costs reduce net yield.
Estimating Net Rental Yield
Net yield = (annual rent − maintenance − property tax − vacancy allowance) ÷ total cost. Use actual comparable rents, not brochure claims.
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 rental income apartments in Mohali — 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
Luxury rental yields are usually modest; returns depend more on appreciation.
Senior executives, expatriates and families relocating temporarily, among others.
Demand is narrower for very large homes; research comparable rents.
Luxury tenants often expect furnished or semi-furnished homes.
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.