5,500 acres on the Chandigarh airport corridor. Direct international flights from IXC, one of India's strongest talent pipelines within 20 kilometres, and a state industrial policy that has been rewritten for 2026.
Each brief covers one dimension of the corridor. Start with whichever bears on the decision in front of you.
This page covers why capital is moving into the corridor. The business hub covers the transaction itself: which unit, at what price or rent, on what terms, and what it costs to hold.
Road distances and typical drive times from the corridor. Times reflect the NH-44 expressway upgrades and vary with traffic.
| Destination | Distance | Typical drive | Relevance |
|---|---|---|---|
| Chandigarh city centre | 22 km | 40 min | Administrative capital |
| IXC airport terminal | On corridor | — | International connectivity |
| Delhi NCR | 250 km | 3.5 hrs | Primary market access |
| Amritsar | 230 km | 2.5 hrs | Border trade, tourism |
| Shimla | 110 km | 2.5 hrs | Hill tourism catchment |
| Ludhiana | 100 km | 1.5 hrs | Punjab manufacturing belt |
Headline provisions of the 2026 industrial and business development policy. These are policy ceilings and eligibility thresholds, not entitlements: each is subject to sector, quantum and approval conditions set out in the policy document.
Full policy breakdown, including the five-step claim process →
The order in which corridor infrastructure is being delivered. Status reflects the implementing authority's most recent public statement, not an independent assessment.
| Institution | Focus | From IXC | Proximity |
|---|---|---|---|
| ISB Mohali | Management, executive education | ~8 km | |
| NIPER Mohali | Pharmaceutical research | ~10 km | |
| IISER Mohali | Science research | ~12 km | |
| CSIR-CSIO | Scientific instruments R&D | ~18 km | |
| ISTC Chandigarh | Precision engineering training | ~18 km | |
| PEC Chandigarh | Engineering | ~20 km | |
| Panjab University | Multidisciplinary | ~20 km | |
| Chandigarh University | Engineering, management | ~25 km |
Latest monthly index rate per square yard for residential land-pooling entitlements. Pockets E to J are acquisition-phase and are not a tradeable market. Registry and collector values are not market prices.
| Index rate | Relative | Instrument | |
|---|---|---|---|
| Pocket A | ₹100,000/sqyd | Residential LOI | |
| Pocket B | ₹100,000/sqyd | Residential LOI | |
| Pocket C | ₹110,000/sqyd | Residential LOI | |
| Pocket D | ₹107,500/sqyd | Residential LOI |
Aerocity is the delivered GMADA township on the airport road, with plots allotted and construction under way. Aerotropolis is the larger next-phase land-pooling scheme. Only Pockets A, B, C and D of its first phase are active and tradeable through transferable letters of intent. Pockets E to J remain in acquisition and are not a live market.
A Letter of Intent is the instrument GMADA issues to a landowner under the land-pooling scheme, representing an entitlement to developed plots in exchange for pooled land. It is transferable through GMADA and trades in the secondary market before physical possession. It is an instrument, not a property subtype, and it carries a different risk and documentation profile from a registered plot.
Non-resident Indians and persons of Indian origin may acquire immovable property in India other than agricultural land, plantation property and farmhouses, under FEMA. Funds route through NRE or NRO accounts and repatriation follows RBI limits. The NRI investor brief covers account structure, documentation and power of attorney in more detail.
No. The policy targets industrial and business units, meaning manufacturing, services and specified sectors that create employment and fixed capital investment. It offers nothing to a purchaser buying property purely as an asset. Its relevance here is indirect: it shapes what gets built in the corridor and who moves in.
Listing counts and rates come from the dealer network feed, refreshed continuously, and are asking figures rather than transacted values. Policy and regulatory statements cite the underlying government notification. GMADA notices are published with the source document. Registry and collector rates are shown separately from market prices because in Punjab the two diverge substantially.
