Gillco Parkhills, Sector 126, Airport Road, Sahibzada Ajit Singh Nagar (Mohali), Punjab 140501
Gillco Parkhills | 2-4 BHK in Sector 126, Mohali
Gillco Parkhills is one of Mohali's most consistently well-reviewed large-format residential communities. Developed by Gillco Developers and Builders Pvt. Ltd., a developer whose broader Gillco Valley township in Sectors 115 and 127 covers over 400 acres, this project occupies 11.92 acres in Sector 126 with 10 towers of Stilt plus 19 floors delivering 700 apartments across 2 BHK, 3 BHK and 4 BHK configurations. It was launched in April 2016 and possession was delivered in September 2022. The project is approved by GMADA. On Justdial, 1,083 ratings produce a score of 4.3 out of 5, one of the highest for any Mohali apartment society at this scale. Residents on 99acres specifically say: \"I really enjoy living in Gillco Parkhills. The location is perfect, with everything I need.
hospitals, schools and markets. just a short drive away.\" Another resident says: \"I truly enjoy living in this community. The amenities are excellent, and I appreciate the upgraded security system, which makes me feel secure.\" A visitor review on SquareYards says: \"Many times visited this society, always feel fresh, first time visit experience always supported from employees side.\" The two areas where reviews indicate room for improvement are maintenance response time for service requests and occasional security lapses or noise disturbances caused by certain residents. These are minor friction points expected in a 700-unit community and not structural concerns. The 25,000 sq. ft. Elite Clubhouse is among the most comprehensively equipped in Sector 126. Specifications include Kohler or Grohe CP fittings, UPVC windows, BSL High Gloss MDF kitchen cabinet shutters with soft-close hinges, granite kitchen countertops and a panic button in the kitchen wired to the ground floor security post.
The Model Town Market within the sector handles daily needs. VR Punjab Mall is 3 km away. Three roads connect Sector 126 outward: Ropar-Chandigarh Road, Airport Road and Chajju Majra Road. Average price per sq. ft. in Q3 2025 stands at Rs 9,850, up 0.51% from Q2 2025. 3 BHK monthly rent runs from Rs 50,000 to Rs 61,000, one of the strongest rental yield levels on Airport Road.
Size
1,075 - 2,350 sqft
Bedrooms
2-4
Bathrooms
2 - 4
Towers
10
Structural Audit & Forensics
The Transfer Trap
Purchasing in Gillco Parkhills, Sector 126, Mohali — Ready 2, 3 and 4 BHK High-Rise Apartments on Airport Road involves standard registry charges and society transfer fees. Buyers should factor in a ~1-2% buffer for mutation and club membership transfers.
The Lifestyle Tax
Expect maintenance and lifestyle overheads to range from ₹2.5 to ₹4 per sq.ft, covering standard amenities, security, and common area upkeep at Gillco Parkhills, Sector 126, Mohali — Ready 2, 3 and 4 BHK High-Rise Apartments on Airport Road.
Project Highlights
10 Towers • 19 FloorsUnit Types & Sizes
Amenities
Location
Nearby Landmarks
Model Town Market
3
min
BY WALKING
VR Punjab Mall
10
min
BY CAR
Mohali IT Park
15
min
BY CAR
Investment FAQ
What do residents actually say?
99acres residents say they enjoy the location with hospitals, schools and markets nearby, and specifically praise the upgraded security system. A recurring SquareYards visitor comment says the society always feels fresh on every visit with good employee support. On Justdial, 1,083 ratings produce 4.3 out of 5. The two consistent criticisms are maintenance response times being slower than expected and occasional noise disturbances from within the community. These are common in 700-unit societies and not deal-breakers.
Is maintenance responsive?
Reviews indicate that common areas are generally well maintained but response times for individual unit service requests could be improved. Before purchasing, ask residents directly about turnaround time for plumbing, electrical and common area complaints.
What is the rental income from a 3 BHK here?
SquareYards confirms 3 BHK monthly rent ranges from Rs 50,000 to Rs 61,000, which represents one of the stronger rental yields for Airport Road Mohali. This is driven by proximity to Mohali Industrial Area, IT Park and Airport Road employment.
Are there any issues with the land or legal title?
No high-tension wires and no encroaching villages are specifically called out in the developer's marketing, which is an honest differentiator. GMADA has approved the project. Verify the specific unit's registry and NOC before any resale transaction.
What is the price trend recently?
Q2 2025 saw a 164.86% price jump from Rs 3,700 to Rs 9,800 per sq. ft. on SquareYards, which likely reflects an update of stale data rather than a real price move. Q3 2025 shows a stable Rs 9,850 per sq. ft. with a 0.51% rise. Use current active listing data as your real price benchmark.
Which banks have approved loans?
SBI, ICICI, HDFC, Axis, Canara, Indiabulls, PNB, Tata Capital, Reliance Home Finance and DHFL.
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