Majesty Life Coach

News on Business Developments

Ultra-Luxury, Reimagined: The New Expectations of Affluent Homebuyers

BusinessRekha Nair18 Oct 2026

Ultra-Luxury, Reimagined: The New Expectations of Affluent Homebuyers

 

Meraqui by Gillco brings together spacious residences, contemporary living and a strategic Mohali location to reflect the evolving aspirations of luxury homebuyers.

As the expectations of affluent homebuyers evolve, luxury residential developments are increasingly being defined by the quality of space, privacy, thoughtful planning and the lifestyle they offer. Buyers are looking beyond conventional markers of premium housing, seeking residences that accommodate changing family needs while offering comfort, exclusivity and long-term value. Meraqui by Gillco, located in Sector 126, Mohali, along PR-7 Airport Road, reflects this changing approach to luxury living through its spacious residential configurations, scale and location within the Tricity's evolving real estate landscape.

Spread across approximately 12 acres, Meraqui comprises 444 residences across six towers, offering 3+1 and 4+1 BHK configurations. The project has been planned for homebuyers who value generous living spaces and greater flexibility in how their homes are used. From accommodating multigenerational families to creating dedicated areas for work, leisure and personal pursuits, the larger configurations respond to the growing preference for homes that adapt to diverse lifestyles.

Space That Reflects Changing Aspirations

For today's luxury homebuyer, space is no longer measured simply in square feet. Its value lies in how effectively it supports everyday living. Spacious layouts allow families to balance shared experiences with individual privacy, while additional rooms can serve different purposes as needs change over time.

Meraqui's 3+1 and 4+1 BHK residences cater to this demand for adaptable living environments. The configurations offer homebuyers greater flexibility in organising their living spaces, whether for family interactions, work-from-home requirements or personal interests. This focus on space is particularly relevant for buyers looking at a home as a long-term investment in their family's comfort and lifestyle.

The shift also reflects a broader change in purchasing priorities. Affluent buyers increasingly assess a residential development through a combination of its planning, location, usability and overall living experience rather than relying on a single feature to define its premium positioning.

A Location Connected to Mohali's Growth

Location remains a central consideration in the luxury homebuying decision, particularly for professionals, business owners and families who seek convenient access to key destinations without compromising on their residential preferences.

Situated in Sector 126 along PR-7 Airport Road, Meraqui benefits from its position within Mohali's expanding residential corridor. The area's connectivity to Chandigarh and the wider Tricity region makes it relevant for buyers who value access to established urban centres alongside the opportunities emerging from Mohali's continued development.

As the region attracts residential demand from local buyers, professionals and those seeking a home in the broader Chandigarh market, developments in well-connected locations are becoming an important part of the area's evolving housing landscape. For Meraqui, its location forms a key element of the project's proposition, complementing its spacious residential formats.

Building for the Next Generation of Luxury Homebuyers

Commenting on the project's approach and the changing expectations of luxury homebuyers, Tejpreet Singh Gill, Managing Director, Gillco, said, “Luxury is not defined by grand interiors or expensive finishes; it is defined by the experience a home offers. It is about having the space to live freely, the privacy to enjoy meaningful moments, the flexibility to accommodate evolving lifestyles and the comfort of a thoughtfully chosen location. True luxury lies in how a home makes you feel every day.”

With Meraqui, Gillco is addressing a segment of the housing market where space, location and long-term usability are becoming increasingly important considerations. The project's scale, six-tower configuration and range of spacious residences position it within Mohali's premium residential segment, catering to buyers looking for more than a conventional apartment.

As luxury housing continues to evolve, projects will increasingly be assessed on their ability to translate premium positioning into practical everyday benefits. Meraqui's proposition centres on this intersection of space, connectivity and contemporary residential aspirations, reflecting a more considered approach to what affluent homebuyers expect from their homes.