Bestech Group, founded by Mr. Dharamendra Bhandari and Mr. Sunil Satija, is a real estate company with decades of experience that focuses on quality construction, timely deliveries, and customer satisfaction, partnering with renowned architects and designers. Founded in the early 1990s by the two civil engineers, who gained construction experience with international companies before emerging as industry leaders of the 90s and 2000s, the group is headquartered in Gurugram. Punjab and the Tricity region are not an afterthought in that story — Mohali is where Bestech chose to take its Gurugram-honed mixed-use format outside the National Capital Region for the first time, into Sector 66.
Established in the late 1990s, the company has gained a reputation for delivering projects across residential, commercial, retail, and hospitality segments, and operates in multiple cities including Delhi NCR, Mohali, and Chandigarh. Its portfolio spans approximately 30 million sq. ft., of which around 11.5 million sq. ft. has been completed, with the remainder under construction or in planning.
Bestech's presence in Mohali is built around a single large-format address rather than a scatter of standalone plots. Park View Residences, a set of premium 2 and 3 BHK apartments, is part of a 12.5-acre multi-functional project called Bestech Square, which combines commercial, retail, and residential components. The total development of Bestech Square comprises Park View Residences, Bestech Business Tower, Bestech Square Mall, and a five-star Radisson hotel.
On the commercial side, Bestech Business Tower spans 13 acres with 200 units across two towers, built as a Grade A building with the requisite infrastructure. Facilities across the complex are managed professionally, positioning it as one of the premium commercial addresses in Sector 66. Retail is handled through Bestech Square Mall, a 3.5 lakh sq.ft. retail project located in the heart of Mohali, part of Bestech's mixed-use project comprising high-end residencies, an office tower, and a five-star hotel.
The hospitality piece links back to Bestech's national hotel strategy. Carlson Rezidor and Bestech invested USD 42 million in a joint venture to develop their first two hotels, Park Inn by Radisson Gurgaon Sector 88 and Park Inn by Radisson Chandigarh, Mohali. Bestech's hospitality operations span five states including Delhi NCR, with the Carlson Rezidor partnership developing Radisson Red and Park Inn by Radisson properties across north and central India. That hotel, together with the mall and office tower, gives the Mohali project a genuine mixed-use rhythm rather than a single residential block.
Located along NH-5, Sector 66 is a premium sector offering ready apartments and residential plots by city-based builders, with Airport Road, Mohali Railway Station Road and Guru Nanak Road connecting it to other sectors in Mohali. The sector is well connected to Chandigarh International Airport within 11 km via Mohali Airport Road and NH-5, sits close to the Mohali IT Park and Mohali Industrial Area Phase 9, and is barely 4 km from the Indian School of Business and IISER, as well as the Punjab Cricket Association Cricket Stadium. Bestech's residential property in Sector 66 is itself only a five minutes' drive from Chandigarh.
The sector is home to Bestech Business Tower, a renowned employment hub of Mohali. Bestech Group and Yellow Stone Landmark Infocity offer maximum housing inventory in this sector, while Bestech Square Mall sits within it and the larger Elante Mall is 8 km away. That combination — an employment address, a retail address, a residential address, and a hospitality address inside one 12.5-acre footprint — is what distinguishes Bestech's position here from a single-project developer entering the city.
Sector 66 has moved from a peripheral GMADA sector into one of Mohali's costlier micro-markets. Average prices in Mohali Sector 66 run around ₹16.5 K per sq.ft., compared to ₹8.3 K per sq.ft. in Chandigarh proper. Within that, Bestech Park View Residences has recorded price growth of 10.1% year-on-year, tracking the broader sector's premium positioning rather than lagging it.
The wider Mohali market backs this trajectory. IT City Mohali — covering Sectors 66, 67, 82 and the broader IT City 82 zone — has seen consistent absorption of Grade-A office space as multiple Tier-1 and Tier-2 IT companies expand or announce new facilities, which in turn drives housing demand and outperformance in rental yield and capital appreciation. Infrastructure works reinforce the case for the corridor: GMADA has partially opened one carriageway of an 8.5-km alternate road to Chandigarh International Airport originating in Phase XI, expected to decongest the existing Airport Road and improve connectivity between Mohali and the airport. Separately, the Punjab Government has finalised land acquisition for the Mohali-Rajpura new railway line, a Rs 443-crore project that will provide a direct rail link between Punjab's Malwa region and Chandigarh.
Bestech's Mohali project sits within a group portfolio that has been built out primarily in Gurugram and Delhi NCR, giving the Sector 66 development an institutional pedigree rather than a one-off regional experiment. The group has received awards and accolades including LEED Gold Certification and an ET NOW Real Estate Award for excellence in delivery. Park View Grand Spa and Park View Sanskruti were separately recognised as Luxury Project of the Year 2019 and Residential Property of the Year 2019 respectively. On the hospitality front, Bestech's hotel partnership with Carlson Rezidor extended to Radisson Blu Hotel Nagpur, the group's 53rd hotel in India at the time it opened.
For a buyer evaluating Mohali, this backing matters: Bestech's Sector 66 project is not a standalone launch by a locally new name but an extension of a Gurugram-anchored group's mixed-use playbook — office tower, mall, hotel, and residences under one address — into Punjab's fastest-appreciating IT corridor.
