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HLP Group Nearly Three Decades in the Tricity: The Malls, Homes and Two Men Behind the Name
- HLP Group’s Urban Vatika, Zirakpur: Living Steps Away From the City's Busiest Address
- Bella Homes, Derabassi: For Buyers Who Don't Want to Wait Three Years
- HLP Group’s Palmillas, PR7 Road: A Quiet Green Pocket Inside a Fast-Growing Corridor
- HLP Group’s Palm Greens, Zirakpur-Patiala Highway: Build Your Own Home, on Your Own Terms
From Farmland to Landmark: How HLP Group Built Its Name Since 1997
HLP Group Formally registered as Home and Land Planners LLP, was founded in 1997, a period when Mohali was still largely open land and Zirakpur had not yet become the commercial magnet it is today. Punjab's real estate map looked entirely different then.
Sector 62 and Aerocity existed mostly as lines on GMADA's planning charts, Derabassi was known for its industrial units rather than housing and Zirakpur was bordered by farmland along the Ambala-Chandigarh Highway.
It was into this uncertain landscape that HLP Group placed its earliest bets, acquiring land in locations that had potential but no guarantees. Nearly three decades later, that early patience has turned into some of the Tricity's most recognisable addresses.
A few milestones from this journey stand out clearly:
- Multiple residential developments delivered across Zirakpur, Derabassi and Mohali, spanning affordable ready-to-move flats to premium gated communities
- An early and confident move into large-format commercial townships, a category most Tricity developers only entered much later
- A strategic joint venture with Royale Estate Group to deliver Aero Arcade under the Quantum Homes banner
- A GMADA e-auctioned land parcel of 6.69 acres in Sector 62, which now houses the flagship HLP Galleria
- A growing base of repeat customers who return to invest in a second or third project, arguably the clearest sign of trust in real estate
What stands out about HLP Group’s growth is its restraint. The group did not chase every emerging micro-market across North India. It stayed rooted in Zirakpur, Derabassi, Mohali and, more recently, New Chandigarh, choosing to understand a handful of locations deeply rather than spread itself thin. Projects like Urban Vatika and Bella Homes, both sitting on land banked years before construction began, are living proof of that patient approach.
Why Does Every Tricity Property Conversation End Up at HLP Group?
Sit in on any real estate conversation in Zirakpur, Derabassi or Mohali and you will notice a pattern. Someone asks where to invest, another person mentions plot rates near PR7 Road and within a few minutes, the name HLP Group comes up. Not because it is trending on social media, but because it has been part of this region's growth story for close to thirty years.
This is not a brand chasing headlines. It is a developer that has quietly built homes for families who wanted peace and quiet near Chandigarh and malls where an entire generation now spends their weekends. The projects speak for themselves, but so does the timing. In a market where new names appear and disappear within a few project cycles, staying power counts for something.
In this blog, we are doing things a little differently. Instead of starting with residential flats and ending with commercial spaces, we are flipping the order, because commercial real estate is where HLP Group has made some of its boldest moves in 2026. From there, we will walk through the homes, the people running the company and why this developer keeps showing up in every serious Tricity property discussion.
The Two Names Behind This Brand
Buildings do not build themselves and a developer's real strength usually shows up in the people who stay through multiple project cycles, not just one good launch. The leadership team operates out of the group's corporate office in Sector 82, Mohali, a location that reflects its own confidence in the city's future.
One habit worth noting is how this approaches partnerships. Rather than competing with every new entrant in the market, the group has chosen, at key moments, to collaborate with established names. Aero Arcade, developed jointly with Royale Estate Group under the Quantum Homes banner, is the clearest example and this collaborative instinct continues to shape the group's 2026 project pipeline.
Pardeep Bansal: The Director Who Brought Global Brands to Mohali
Pardeep Bansal serves as Director at HLP Group and brings more than 15 years of real estate experience to the table. Educated at Panjab University and based in Chandigarh, he sits right at the centre of the Tricity property market he has spent over a decade shaping.
Bansal Ji has led the group's expansion across both residential and commercial verticals, with HLP Galleria in Sector 62standing out as one of his most visible achievements. He personally drove the effort to bring national and international retail and food brands into the mall, including Starbucks’s drive-through outlet.
That single deal repositioned HLP Galleria from a shopping centre into a genuine lifestyle destination and it reflects the execution-first mindset he is known for within the group.
Ankur Chawla: The Co-Founder Curating Mohali's Retail Experience
Ankur Chawla is Co-Founder and Director of HLP Group, based in Sahibzada Ajit Singh Nagar, Mohali. Beyond his role here, he also directs Chawla Real Estate Developers Private Limited, a Mohali-registered firm incorporated in 2008, which adds a second layer of real estate expertise to his profile.
Chawla Ji has been deeply involved in shaping HLP Galleria's identity as a premium retail, dining and lifestylFe hub, personally driving the addition of brands likeStarbucks, P.F. Chang's and Naturals Ice Cream.
In his public remarks, he consistently describes HLP Galleria as a holistic destination built for Mohali and the wider Tricity region, not just another commercial building. That philosophy, curating experiences rather than simply constructing space, runs through much of the group's recent commercial work.

What Actually Separates HLP Group From the Rest of the Market?
Anyone who has spent even a few days comparing developers in Mohali knows the market is crowded. So what keeps pulling buyers back to HLP Group ? The honest answer is consistency. Specifications promised in the brochure do not quietly change later. Locations are chosen for real connectivity rather than marketing appeal. And pricing tends to stay grounded in what the Tricity market can genuinely support.
Parameter | HLP Group | Typical Regional Developer |
|---|---|---|
Market presence | Since 1997, nearly 3 decades | Often less than 10 years |
Project mix | Residential + large-format commercial | Usually only residential or only commercial |
Location strategy | PR7 Road, Aerocity, Sector 62, Sector 82, VIP Road | Scattered, sometimes peripheral locations |
Commercial scale | 6.69-acre GMADA e-auctioned site (HLP Galleria) | Smaller standalone SCO blocks |
Brand partnerships | Royale Estate Group, Quantum Homes, national F&B brands | Rarely collaborates with established names |
Delivery record | Multiple delivered projects across categories | Delivery history often unverifiable |
Customer relationship | Repeat investors across projects | Largely first-time, one-off buyers |
This table is not about who advertises the loudest. It is about who is still standing, still delivering, after nearly three decades in one of India's most competitive property markets.
HLP's Commercial Portfolio: Where Business and Weekend Life Meet
Let's start where HLP Group has been making its boldest moves lately, commercial real estate. From a flagship mall that has changed how the Tricity spends its weekends to a corporate address built for ambitious businesses, these are the addresses currently defining the group's 2026 identity.
HLP Galleria, Sector 62: Has Mohali Finally Got Its Own Weekend Destination?
It spread across 6.69 acres of fully paid, GMADA e-auctioned land in Sector 62, Phase 8, HLP Galleria is arguably the single project that has changed how people across the Tricity spend a Saturday evening. It brings retail, dining, offices and entertainment together under one roof and it has done so with a lineup of brands that few Tricity malls can match.
The emotional pull here goes beyond square footage. HLP Galleria is home to Daryaganj, the celebrated restaurant credited with reviving Old Delhi's culinary heritage and often cited as the birthplace of butter chicken and dal makhani.
Visitors regularly wait over an hour for a table and still call it worth it, which is a rare compliment for any mall restaurant in North India.
Alongside Daryaganj, the mall hosts anchor names includingPVR INOX, Kapsons, Game Palacio and Tank's Gym,with premium additions such asBlue Tokai Coffee Roasters, Dyson, P.F. Chang's, Snitch, Chili's, Starbucks and Naturals Ice Creamround out a lineup the group positions as over 50 brands under one address.
- Total area: 6.69 acres, fully paid and GMADA e-auctioned
- Frontage: 843 feet along Himalaya Marg Road
- Parking: 1,300+ car parking spaces across basement and surface levels
- Format: SCOs, DSS units, food court, a 5-screen Gold Class multiplex, sky bar, lounges and a kids' entertainment zone
For a city that has historically driven to Chandigarh for a proper mall experience, HLP Galleria flips that direction entirely and it does so while offering genuine rental-yield potential for investors chasing office space for sale in Mohali or a retail unit in one of the city's busiest notified business districts.

HLP Group’s Aero Arcade, Aerocity: A Business Address Built for Companies Outgrowing Their Office
Located in G-Block, Aerocity, Mohali, Aero Arcade is less a real estate project and more a statement of intent. It is a joint venture betweenHLP Group and Royale Estate Group, developed under the Quantum Homes partnership, designed specifically for businesses that have outgrown their current premises.
Aerocity itself has become one of the most closely tracked commercial corridors in Mohali, sitting close to the international airport and benefiting from strong PR7 road connectivity. Aero Arcade has already been delivered, which means the office space for sale in Mohali here is move-in ready rather than a rendering on a brochure.
- Delivered commercial landmark in Aerocity, G-Block, Mohali
- Backed jointly by two established names, HLP Group and Royale Estate Group
- Positioned for growing businesses that need modern, move-in-ready office space
- Strong PR7 road connectivity close to Mohali International Airport
HLP Social Square, VIP Road: Zirakpur's First Proper Shopping Address
Zirakpur needed a real commercial and social hub for years, not just another row of shops along the highway and HLP Social Square was built to fill exactly that gap. Positioned as the first world-class shopping centre on the VIP Road stretch, it offers retail and office spaces in a location that already sees heavy daily footfall.
Established, high-footfall brands such as McDonald's, Chaayos, Blue Takoi and Haldiram anchor the property, instantly lending it credibility and giving buyers confidence in steady rental demand. One investor summed up the experience simply: the location is prime, the staff cooperative and the entire buying process went smoothly from start to finish, the kind of feedback that carries more weight than any brochure line.
- Location: Chandigarh-Patiala Highway, Zirakpur
- Offering: Retail and office spaces
- Positioning: Central hub for employment, leisure and recreation in Zirakpur
- Sponsor: Home and Land Planners LLP, HLP Group's flagship entity
For anyone hunting for showrooms for sale in Zirakpur or a retail investment with genuine catchment, HLP Social Square remains one of the more credible mixed-use developments Zirakpur has to offer.
HLP Group's Residential Portfolio: Homes Built for Tricity Life
Commercial ambition aside, it has built its original reputation on residential projects and that foundation still shows in how thoughtfully each address is planned. From ready-to-move flats to plotted townships, here is where the group's residential story stands today.
HLP Group’s Urban Vatika, Zirakpur: Living Steps Away From the City's Busiest Address
Urban Vatika sits directly adjoining Paras Down Town Mall, right in the busiest, most walkable stretch of Zirakpur. It offers 2 & 3 BHK flats in Zirakpur, designed for families who want schools, hospitals, markets and highway connectivity within easy reach without stepping far from home.
This project has already been delivered, itself a strong trust signal in a market where possession sometimes stretches on for years. One long-time resident, who moved in back in 2019, describes the connectivity and sense of community here as something that makes the investment feel worthwhile from day one, with easy access across three states and a genuinely lived-in neighbourhood rather than an empty tower.
- Prime, walkable location next to Paras Down Town Mall
- Ready-to-move 2 & 3 BHK configurations
- Strong connectivity across Punjab, Haryana and Chandigarh
- Established, delivered project with an active resident community
Bella Homes, Derabassi: For Buyers Who Don't Want to Wait Three Years
Not every buyer wants to wait years for possession. Bella Homes , located in Sector 5, Derabassi, on the Ambala-Chandigarh Highway, was built for exactly this kind of buyer. Bella Homes-I has already been delivered and Bella Homes-II carries that momentum forward as an ongoing extension of the same trusted address.
With 1, 2 and 3 BHK flats on offer, Bella Homes caters to a wide spectrum of buyers, from young professionals commuting toward Chandigarh, to growing families needing an extra room, to investors drawn by easy access to Panchkula, Zirakpur, Chandigarh and Mohali all at once. HLP describes the project as built on intelligent design and impeccable planning and its highway-side location does much of the talking on its own.
- Location: Sector 5, Derabassi, on the Ambala-Chandigarh Highway
- Unit mix: 1 BHK, 2 BHK and 3 BHK
- Status: Bella Homes-I delivered; Bella Homes-II ongoing
- Connectivity: Equidistant convenience to Panchkula, Zirakpur, Chandigarh and Mohali
HLP Group’s Palmillas, PR7 Road: A Quiet Green Pocket Inside a Fast-Growing Corridor
PR7 Road, connecting Mohali's Airport Road corridor with Zirakpur, has quickly become one of the most sought-after addresses in the Tricity and Palmillas sits right in the middle of that growth story. Developed as part of HLP's VIP Road and PR7 Road residential portfolio, it offers a gated, landscaped community built around clubhouse living and everyday convenience. It has spread over 30 acres of land on which it offers 3 BHK Independant floor with approx. 1550 sq.ft. area.
The appeal is straightforward: PR7 road connectivity means quick access to the airport, to Aerocity's growing commercial base and to Zirakpur's markets and schools, all while still delivering the kind of quiet, planned residential environment that busy highways rarely allow.
- Location: PR7 Road, adjoining Airport Road, Zirakpur-Mohali corridor
- Community: Gated township with clubhouse and landscaped greens
- Connectivity: Direct PR7 road access to Mohali International Airport and Aerocity
- Positioning: A calm residential address inside one of the Tricity's busiest growth corridors
HLP Group’s Palm Greens, Zirakpur-Patiala Highway: Build Your Own Home, on Your Own Terms
HLP PalmGreens, located on the Zirakpur-Patiala Highway opposite Bollywood Gali, is a 25 to 30-acre township offering both residential plots and commercial SCOs, along with a dedicated one-acre green park at its centre. This is the answer to buyers who would rather design and build their own home than move into a pre-built flat, while still enjoying the security of a planned, gated community.
Independent listings show plot sizes ranging from 100 to 150 sq. yards in the core plotted section, with broader plot categories reported up to 1,800 sq. yards depending on the specific block. Reported starting prices for smaller plots have historically ranged from roughly Rs. 40 lakh to Rs. 60 lakh, though prices are revised periodically in line with GMADA's own base rate adjustments, so buyers should always confirm the current price list directly with the sales team before making a decision.
- Location: Zirakpur-Patiala Highway, opposite Bollywood Gali
- Township size: Approximately 25 to 30 acres
- Offering: Residential plots (100 to 150 sq. yd. core range) and commercial SCOs
- Special feature: Dedicated 1-acre green park within the township
- Connectivity: Three-way access toward Punjab, Haryana and Himachal Pradesh-bound routes
Brand’s Full Portfolio at a Glance
Project | Location | Type | Offering | Status |
|---|---|---|---|---|
HLP Galleria | Sector 62, Phase 8, Mohali | Commercial (mixed-use) | SCO, DSS, food court, multiplex, offices | Ongoing, brands operational |
Aero Arcade | G-Block, Aerocity, Mohali | Commercial | Corporate office spaces | Delivered, brands operational
|
HLP Social Square | VIP Road, Zirakpur | Commercial | Retail & office spaces | Ongoing, brands operational |
Urban Vatika | Adjoining Paras Down Town Mall, Zirakpur | Residential | 2 & 3 BHK flats | Delivered |
Bella Homes I & II | Sector 5, Derabassi | Residential | 1, 2 & 3 BHK flats | Phase I delivered; Phase II ongoing |
Palmillas | PR7 Road, Zirakpur-Mohali corridor | Residential | Gated villas/floors with clubhouse | Ongoing |
Palm Greens | Zirakpur-Patiala Highway | Residential + Commercial | Plots (100-150 sq.yd.) & SCOs | Ongoing |
Why the Tricity Market Keeps Betting on HLP Group in 2026
Punjab's real estate landscape has shifted noticeably in recent years. GMADA's periodic base rate revisions, most recently pushing prices upward across sectors like 53-71, Sector 62 and the Aerocity-Ecocity belt, have made fresh land and plotted development significantly more expensive to enter. In this environment, established land banks and running projects, exactly this kind of brand already held across Zirakpur, Mohali and Derabassi, become considerably more valuable.
This is also why RERA-registered projects in Mohali carry so much weight with today's buyers. Regulatory transparency is no longer optional, it is the baseline expectation andHLP's practice of registering its townships and disclosing project timelines aligns with what serious buyers and lenders now demand before releasing financing.
A few broader shifts worth tracking for anyone following Tricity real estate developers in 2026:
- Commercial real estate in notified business districts like Sector 62 and Aerocity continues to outperform standalone retail on footfall and rental stability
- Possession-ready flats now command a growing premium over under-construction inventory, as buyers grow wary of delays
- PR7 road connectivity has become a genuine price driver rather than a marketing phrase, linking the airport, Aerocity and Zirakpur within about twenty minutes of drive time
- Mixed-use development Zirakpur formats, blending residential, retail and office space, are increasingly preferred because they build their own micro-economy
There is also a quieter shift happening in buyer psychology worth mentioning. A decade ago, most Tricity homebuyers treated real estate as a slow, once-in-a-lifetime decision. Today, especially among professionals working in Mohali's IT and pharma sectors, real estate is approached more like a portfolio decision, split across a residential flat for living, a small commercial unit for rental income and occasionally a plot held purely for appreciation.
The Brand spread across Urban Vatika, HLP Galleria and Palm Greens maps quite neatly onto this three-part buying pattern, which may explain why so many of its investors return for a second or third purchase rather than sticking to just one project.
Infrastructure is doing its part too. The steady widening of PR7 Road, ongoing improvements around the Zirakpur-Patiala Highway and GMADA's continued push on the Aerocity and Ecocity belts have all tightened travel times between Mohali, Zirakpur and Chandigarh.
For a developer whose land bank was assembled specifically along these corridors well before they became fashionable, this infrastructure catch-up works quietly in its favour: existing residents get faster commutes and new buyers get in at a stage where the location story is still unfolding rather than already priced to perfection.
Is HLP Group Worth Your Next Real Estate Decision?
Choosing a developer is rarely just about square footage and price per yard. It is about trusting that the people you hand your savings to will still be around, still building and still answerable, five or ten years down the line. That is precisely the case HLP has quietly built since 1997, one delivered project at a time.
From the buzzing weekend energy of HLP Galleria and the corporate ambition of Aero Arcade, to the everyday utility of HLP Social Square and further into Urban Vatika's ready-to-move homes near Paras Down Town Mall and Bella Homes' highway-side convenience in Derabassi, this is a portfolio that genuinely reflects how people in the Tricity live, work and unwind.
Add Palmillas and Palm Greens along the PR7 Road and Zirakpur-Patiala Highway corridors and it becomes clear that the group is not just building individual projects, it is quietly shaping how an entire region grows.
If you are comparing the best real estate developers in Mohali, evaluating top builders in Zirakpur or simply looking for a home or commercial space that will still feel like a smart decision a decade from now, HLP Group deserves a serious look.
Explore Homziio- Chandigarh Tricity’s trusted real estate platform for buying, selling, renting and investing in verified properties. Enjoy zero brokerage, no middlemen and transparent deals on flats, houses, plots and luxury projects across Mohali, Zirakpur, Panchkula and beyond. Find your dream home the smart, hassle-free way to reach out to our sales team at 7837335599 , ask for the current price list and verify RERA details for your chosen project before booking.
HLP Group Corporate Office: SCO 61-62, Level I, Sector 82, Mohali, Punjab
Note on verified data: All plot sizes, acreage, brand names and locations referenced above are drawn from HLP Group's official project listings and verifiable third-party sources current as of 2026. Pricing figures are indicative and subject to change; always confirm the latest price list and RERA registration details directly with our team before booking.
Rozen Singgla is a real estate analyst and co-founder of Homziio, specialising in the Chandigarh Tricity property market. With deep expertise in RERA-verified residential and commercial projects across Mohali, Zirakpur, Kharar, and Panchkula, Rozen helps buyers and investors make informed decisions backed by verified data and on-ground market insights.
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