ONE Group Unveils The Clermont in Mohali: A ₹400 Crore Residential Marvel
ONE Group Developers, a prominent real estate firm based in Delhi NCR, has launched The Clermont, a new low-rise residential project in Mohali, Punjab. With a projected revenue of ₹400 crore, the project aims to set a new benchmark in Mohali's real estate market.
Real EstateResidential ProjectMohaliOne GroupThe ClermontReal EstateSep 24, 2025
An initial investment of ₹100 crores is planned by the company. Further investments in the project construction will be through future cash flows of the group, according to sources familiar with the matter.
The Clermont will cover a built-up area of 475,000 square feet and will consist of 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 deliver the project within three years. It will be constructed using modern aluminum formwork technology, which ensures superior quality, durability, and timely delivery.
Udit Jain, Director at ONE Group, commented on the launch, stating that The Clermont marks a significant milestone in the company's 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,” he added.
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 stated 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,” he said 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 these, 14 are completed projects and four are under construction. These include 10 residential and eight commercial projects.
Frequently Asked Questions
What is the projected revenue for The Clermont project?
The projected revenue for The Clermont project is ₹400 crore.
How many units will be available in The Clermont?
The Clermont will have 216 units of 3 BHK independent floors.
What technology is being used to construct The Clermont?
The Clermont will be constructed using modern aluminum formwork technology, which ensures superior quality, durability, and timely delivery.
How many projects has ONE Group completed so far?
ONE Group has completed 14 projects and has four more under construction.
What is the starting price for units in The Clermont?
The starting price for units in The Clermont is ₹1.60 crores.
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