Delhi-NCR-based ONE Group Developers has signed a supplementary agreement for an additional 4.38-acre land parcel for its 150-acre housing project, ONE City Hamlet, in Mohali's Sector-98.
The new land adds 10 lakh sq. ft. of built-up development potential, which translates into an estimated revenue of Rs 600 crore. This strategic addition strengthens the overall development plan and further consolidates the company's land holdings in Mohali's prime real estate area. The expanded footprint enhances the project's value and positions the developer for greater growth in one of the region’s most sought-after locations.
The development aims to meet the growing demand for residential spaces in Mohali and is expected to contribute significantly to the company’s future revenue streams.