ONE Group Launches The Clermont in Mohali, Aims for ₹400 Cr Revenue
Delhi NCR-based realty firm ONE Group Developers announces the launch of The Clermont, a new low-rise residential project in Mohali, with a projected revenue of ₹400 crore. The project aims to set a new benchmark for aspirational living in the city.
Real EstateMohaliOne GroupThe ClermontResidential ProjectsReal Estate NewsSep 24, 2025
An initial investment of ₹100 crores is planned by the company. Further investments in the project construction will be made through future cash flows of the group, according to sources familiar with the matter.
The Clermont will span a built-up area of 4.75 lakh square feet and will consist of 27 towers, each with 216 units of 3 BHK independent floors (stilt + 4 storeys). Prices for the units will start at ₹1.60 crores, making it an attractive option for aspirational buyers in Mohali.
The company aims to deliver the project within three years, leveraging modern aluminum formwork technology. This technology ensures superior quality, durability, and timely delivery, setting a new standard in the real estate sector.
Udit Jain, Director at ONE Group, commented on the launch, stating, “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 announcement follows ONE Group’s previous commitment to invest ₹1,200 crore in residential and commercial projects over the next two years in Mohali. Jain has previously highlighted Mohali’s emergence 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 successful 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, further enhancing its appeal.
Operating across six North Indian states, ONE Group currently has 18 projects in its portfolio. Of these, 14 are completed projects, and four are currently under construction. The company’s portfolio includes 10 residential and eight commercial projects, solidifying its position as a leading real estate developer in the region.
Frequently Asked Questions
What is The Clermont project by ONE Group?
The Clermont is a new low-rise residential project launched by ONE Group Developers in Mohali, Punjab. It consists of 27 towers with 216 units of 3 BHK independent floors, and prices start at ₹1.60 crores.
What is the projected revenue for The Clermont project?
The projected revenue for The Clermont project is ₹400 crore.
How long will it take to complete The Clermont project?
ONE Group aims to deliver The Clermont project within three years, using modern aluminum formwork technology to ensure timely delivery.
What other projects does ONE Group have in Mohali?
ONE Group has several projects in Mohali, including ONE Rise in Sector 99, ONE City Hub, and One City Hamlet in Sector 98.
What is ONE Group's investment plan in Mohali?
ONE Group has committed to investing ₹1,200 crore in residential and commercial projects over the next two years in Mohali, highlighting the city's growing importance in the real estate market.
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