ONE Group Launches The Clermont in Mohali: Aiming for ₹400 Crore Revenue
ONE Group Developers launches The Clermont, a new low-rise residential project in Mohali, with a projected revenue of ₹400 crore. The project features 216 units of 3 BHK independent floors and aims to deliver within three years using advanced construction technology.
Real EstateMohaliResidential ProjectOne GroupAluminum Formwork TechnologyReal Estate MumbaiSep 24, 2025
An initial investment of ₹100 crores is planned by the company, with further investments in the project construction to be made through future cash flows of the group, according to sources familiar with the matter.
The Clermont will cover a built-up area of 4.75 lakh square feet and will include 27 towers with 216 units of 3 BHK independent floors (stilt + 4 storeys). Prices for the units will start at ₹1.60 crores.
The company aims to complete the project within three years, utilizing modern aluminum formwork technology, which ensures superior quality, durability, and timely delivery.
Commenting on the launch, Udit Jain, Director at ONE Group, said, “The launch of The Clermont marks a significant milestone in our journey of shaping Mohali’s real estate landscape. We envision it becoming a benchmark for aspirational living in Mohali, where families can thrive in harmony with both nature and modern conveniences.”
This launch follows ONE Group’s previous announcement of a ₹1,200 crore investment in residential and commercial projects over the next two years in Mohali. Jain has previously highlighted that Mohali is rapidly emerging as a preferred destination for both residential buyers and investors.
“With a sizable land bank across the city’s most strategic sectors, we are poised to introduce a new era of thoughtfully planned developments that will combine lifestyle, convenience, and value,” Jain added in April this year.
The realty group has already established several projects in Mohali, including ONE Rise in Sector 99, and ONE City Hub and One City Hamlet in Sector 98. The Clermont project will be integrated with the developers’ ONE City Hamlet township project.
Operating across six North Indian states, ONE Group currently has 18 projects in its portfolio, of which 14 are completed and four are under construction. These projects include 10 residential and eight commercial developments.
Frequently Asked Questions
What is the projected revenue for The Clermont project?
The Clermont project is expected to generate a projected revenue of ₹400 crore.
How many units will The Clermont project include?
The Clermont project will include 216 units of 3 BHK independent floors.
What technology is being used for the construction of The Clermont?
The Clermont project is being constructed using modern aluminum formwork technology, which ensures superior quality, durability, and timely delivery.
What is the initial investment for The Clermont project?
The initial investment for The Clermont project is ₹100 crores.
What other projects has ONE Group developed in Mohali?
ONE Group has developed several projects in Mohali, including ONE Rise in Sector 99, and ONE City Hub and One City Hamlet in Sector 98.
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