New Chandigarh, Feb 16: In a significant development for the region’s real estate sector, Homeland Group has announced the acquisition of 11 acres of prime land in Mullanpur, part of the New Chandigarh master plan area. The announcement was made at a function attended by members of the New Chandigarh Property Consultants Welfare Association (NCPCWA), local property consultants, brokers, and other key stakeholders from the real estate community.

The acquisition underlines the growing confidence of reputed developers in New Chandigarh’s potential as a strategic growth corridor. The event welcomed Umang Jindal, CEO of Homeland Group, and his family, highlighting the importance of planned investment in the region’s residential and commercial landscape.

“The acquisition reflects our long-term commitment to New Chandigarh,” said Umang Jindal, CEO, Homeland Group. “Mullanpur offers tremendous potential for planned residential development, and we are committed to delivering projects that align with the aspirations of modern homebuyers.”

Experts noted that strategic investments by established developers are expected to strengthen buyer confidence and accelerate urban expansion in the region. With its well-planned infrastructure, strategic location, and proximity to Chandigarh, New Chandigarh continues to attract attention as a premium real estate destination.

Further details about the proposed development, including project timelines and features, will be shared in the coming months. The acquisition is seen as a major step forward in New Chandigarh’s planned growth trajectory.