Highland Mayfield
RERAPR1041 Price₹9,800/sqft PossessionMay 2029 StatusUnder Construction
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Location Intelligence

Sector 118, Airport Road —
Mohali’s Fastest-Appreciating Corridor

Sector 118 has delivered +21.9% price appreciation in one year and +201.7% over five years (99acres data). Here’s why — and what living here actually means in terms of distances and infrastructure.

✈ Transit & Highways
✈ Chandigarh Int’l Airport (IXC)
~20–25 km25–35 min via NH-5
🚌 Kharar Railway Station
~8 km~15 min
🚌 BBSB ISBT Mohali
~12 km~20 min
🛣 PR-7 / PR-6 / NH-21 Junction
ImmediateOn doorstep
💻 Business & IT
💻 IT City Mohali (Phase 8B)
~6 km~10 min via PR-7
🏛 Aerocity / GMADA Aerotropolis
~8 kmVia PR-6 / NH-21
🏫 ISB Mohali (Indian School of Business)
~10 km~18 min
🏛 Chandigarh City Centre (Sec 17)
~18 km~25 min
🏠 Retail & Lifestyle
🏛 VR Punjab Mall (in Sector 118)
~1.5 kmIn-sector on NH-21
🏋 PCA Cricket Stadium
~8 km~15 min
🏥 Schools
📚 Lawrence Public School
~4 km~8 min
📚 Manav Mangal Smart School
~5 km~10 min
📚 Gian Jyoti Global School
~6 km~12 min
📚 Yadavindra Public School
~7 km~14 min
🏥 Hospitals
🏥 Fortis Hospital Mohali
~10 km~18 min
🏥 Indus Super Speciality Hospital
~8 km~14 min
🏥 Shalby Hospital
~9 km~16 min
🏥 Pancham Hospital
~3 km~6 min
Open in Google Maps ↗
Sector 118 · Price Appreciation
+21.9%
1-year apartment price appreciation in Sector 118 (99acres, 2025–26)
+201.7%
5-year appreciation — among Mohali’s strongest residential micro-markets
₹10,150
Avg asking price per sqft cited on 99acres (range observed: ₹9,500–₹10,500 across pages)
Source: 99acres.com, Q2 2026. Figures vary across portal pages — treat as indicative range. Past appreciation is not a guarantee of future returns.

The Locality Deep Dive

Sector 118, Mohali (SAS Nagar) is a fast-appreciating residential pocket on the Kharar–Landran Road (NH-21) corridor beside PR-7 Airport Road, within the TDI City township in the Ballomajra area. It has transformed from a peripheral zone into one of Mohali’s most sought-after luxury addresses within five years.

The sector’s defining landmark is VR Punjab (formerly North Country Mall), which opened in 2012 with approximately 1,000,000 sq ft of retail area across a ~22-acre NH-21 site. It is anchored by H&M, Zara, Westside, Lifestyle, Central, Home Centre, a Reliance hypermarket, and a PVR multiplex — all within the sector boundary. No other Mohali residential sector has a destination mall of this scale inside its own limits.

Residents reach Chandigarh International Airport, IT City, and Aerocity via PR-7, PR-6, and NH-21 — three arterial roads that converge near Sector 118.

The buyer profile is predominantly Tricity IT professionals, HNIs relocating from Chandigarh, and NRIs seeking a larger-format home with airport proximity. The sector’s NH-21 address means it captures both the Kharar and Landran buyer catchment while remaining 25–35 minutes from the airport.

Township TDI City, Ballomajra
Primary Road NH-21 / PR-7 Airport Road
Landmark VR Punjab (1M sqft mall)
Buyer Profile NRI, IT execs, HNI
Segment Ultra-luxury (₹9,500+ /sqft)
1-Yr Appreciation +21.9% (99acres)
5-Yr Appreciation +201.7% (99acres)
🏃
GMADA Airport Link Road (8.7 km)
Alternative shorter airport road, ~₹125 Cr project. Targeted operational 2026. Will reduce airport drive time for Sector 118 residents.
🏛
GMADA Aerotropolis (~5,000+ acres)
Pockets A–D in active development near IXC. Sector 118 sits in the Aerotropolis infrastructure expansion path.
💻
IT City Mohali Expansion
Phase 8B growth generates sustained premium residential demand on the Airport Road corridor.
Metro: Still a Proposal
A metro extension has been proposed but is NOT funded or under construction. We don’t present it as a confirmed driver.

Visit the Site — See the Location Firsthand

Fidus advisors will accompany you to the site and walk you through the sector’s infrastructure.

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