Jubilee Mercasa

About Jubilee Mercasa

Jubilee Mercasa is a planned high-rise luxury apartment project by Jubilee in Sector 3, New Chandigarh, Punjab, and it is currently at the Pre-Launch stage. Homes will come in 3, 4 and 5 BHK sizes, with the 5 BHK arriving as a duplex penthouse. The project is also searched as Jubilee Marcasa.

The site covers about 5.40 to 5.50 acres and will rise as six towers of Ground plus 32 floors, holding 352 residential units in all. Only two apartments sit on each floor, which keeps the lobbies quiet and the homes airy. About 80 percent of the land is kept open, and a two-level basement handles parking. Facts as on December 2025, from the developer and GMADA approval records.

One point every buyer should know: the project is not yet RERA registered, so it is not open for sale or booking until that registration is complete.

Key Highlights

• Six towers of Ground plus 32 floors, with 352 residential units in total.
• Only 2 apartments per floor, with dual-side ventilation and a private elevator lobby.
• About 80 percent open area, anchored by a clubhouse of about 45,000 sq ft.
• 3 BHK super area of 3,125 to 3,225 sq ft, with a carpet area of 1,765 sq ft and balconies up to 664 sq ft.
• 4 BHK super area of 3,990 sq ft, with a carpet area of 2,236 sq ft and a 600 sq ft balcony.
• 5 BHK duplex penthouse with super area of 4,200 sq ft or more, expansive terraces and a sky lounge.
• Frontage on the upcoming 200-ft VR-1 road, sitting 0 km from the Chandigarh boundary.
• 100 percent automated generator backup and an advanced fire fighting system.

Location Advantages

Sector 3 sits in New Chandigarh, the Punjab side of the Tricity, which the local market often describes as the leader on connectivity and green cover. If you have walked through the narrow lanes of Udaipur or the old fort town of Jodhpur, the planned grid here will feel very different. Wide roads, numbered sectors and open green belts are the real draw.

The biggest positive is the road access. The site sits on the 200-ft VR-1 arterial, and Madhya Marg and Dakshin Marg feed into New Chandigarh along the same corridor. There is also a direct highway link to the Airport Road network.

Be realistic about the surroundings, though. VR-1 is still an upcoming road, so the full benefit depends on how quickly it is completed. Until then, expect the immediate neighbourhood to keep changing, with construction activity and some dust during the build phase.

Location Map — available on request

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What's Nearby: Schools, Hospitals, Malls

For shopping and leisure, Sector 17 Downtown and Rose Garden are roughly 5.5 to 6 km away. Punjab Engineering College is in the same 5.5 to 6 km band, which makes this side of the city popular with students and faculty. Sukhna Lake and the Punjab and Haryana High Court are 8.4 to 9.5 km away, so a weekend by the lake is an easy drive.

Amenities

• Fitness and sports: indoor gymnasium, jogging and walking tracks, an all-weather indoor swimming pool, a squash court and an indoor badminton court.
• Clubhouse and social: a clubhouse of about 45,000 sq ft with fine dining restaurants, banquet halls and a premium wellness spa.
• Green and kids: themed botanical gardens, open-air green plazas, a leisure amphitheatre and children's play zones.
• Security and utilities: 24x7 gated security with CCTV, smart-card access gates, 100 percent automated generator backup and an advanced fire fighting system.

Upcoming Infrastructure

• Chandigarh Metro Phase 1: about 77 km, running from Parol in New Chandigarh to Panchkula Extension. It is approved by UMTA with full completion projected for 2034, though a 2026 report says the approval is being re-examined at the highest administrative level.
• Chandigarh Metro Phase 2: about 25 km, from Airport Chowk to Manakpur Kallar and from ISBT Zirakpur to Pinjore, not expected before 2037.
• Six-lane airport road: linking New Chandigarh to the airport via Sunny Enclave and Kharar. An earlier projection set completion for 2024, so check its present progress before relying on it.
• VR-1 road: the 200-ft arterial alongside the site, which will carry much of the local traffic once finished.

For this project, the metro is a long-term benefit rather than a daily convenience. Road links will matter far more in the first few years.

Price & Configuration

Jubilee Mercasa offers three home types, and the sizes below are the figures the developer has shared. Compare them against the group's own Sector 21 homes in the same township belt, such as Imperia, which offers 3 and 3+1 BHK residences across 6 acres in S+24 towers.

Carpet area is 1,765 sq ft for the 3 BHK and 2,236 sq ft for the 4 BHK. Each 3 BHK unit comes with three bedrooms, three bathrooms, a guest powder room and an independent store room. The 4 BHK adds a family lounge and a side-entrance servant room.

Master / Floor Plan — available on request

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Specifications

• Advanced fire fighting system across the towers.
• 24x7 power backup, with 100 percent automated generator backup.
• Two-level basement parking with stilt parking above.
• Smart-card residential access gates.
• Dual-aspect, cross-ventilated homes, with two apartments per floor.

RERA & Approvals

The GMADA approved the site plan for Jubilee Mercasa in December 2025, which is the main approval on record so far. Earlier, in 2023, the project was described as being in the approval stage with 3 BHK and 4 BHK plans. Approvals are still moving, so keep an eye on the RERA filing, which will be the step that opens the project for booking.

Launch & Possession Timeline

• 2023: the project is described as being in the approval stage, with 3 BHK and 4 BHK plans.
• December 2025: GMADA approves the site plan for Sector 3.
• Current stage: approvals are still in progress, and construction has not begun.
• Broker estimate: possession is roughly 3 to 5 years after approvals. Treat this as a rough guide, not a commitment.

Investment Analysis

• Locality demand: New Chandigarh is widely described as leading the Tricity housing market on connectivity and green spaces, which supports steady end-user demand.
• Car dependence: Chandigarh has about 1,142 vehicles per 1,000 residents, against a national average of 280. Two dedicated parking spaces per unit is a real advantage here.
• Corridor growth: broker views expect the Airport Road and VR-1 corridors to deliver steady appreciation as the roads mature.
• Metro timing: the metro is a long-term factor, with Phase 1 projected for 2034 and Phase 2 not before 2037, so do not bank on it for a near-term rise.
• Group presence: Jubilee's other projects in New Chandigarh include Jubilee Avenoir, a 6-acre mixed-use scheme in Sector 3 with retail, corporate suites, serviced apartments, a multiplex and a hotel, plus Parkfields in Sector 21, a 207-acre gated township.
• Before you commit: the final cost sheet and payment plan will decide your real return, so compare them carefully against other Sector 3 and Sector 21 options.

Pros and Cons

Pros

• Only two apartments per floor, which means more privacy and better light.
• Large 80 percent open area and a clubhouse of about 45,000 sq ft.
• Frontage on a 200-ft arterial road, close to PGIMER, Panjab University and the airport.
• Generous space planning, with 3, 4 and 5 BHK homes and a duplex penthouse.
• A developer with several delivered projects in Mohali and New Chandigarh.

Cons

• The project is still pre-approval for sale, and it is not yet RERA registered, so there is no booking yet.
• Possession is a broker estimate of 3 to 5 years, which means a long wait for a ready home.
• The VR-1 road and the metro are both still in progress, so early residents will live with construction around them.
• Large homes with high-end amenities will carry a premium that the final price sheet will reveal.

Who Should Buy This

Ideal for: large families who want space, privacy and a clubhouse lifestyle; buyers who want a planned, green neighbourhood on a wide road; and NRIs who value a gated, well-managed community.

Not ideal for: buyers who need a home within the next year or two, or anyone who depends on the metro for daily travel.

Home Loans & Charges

Each unit comes with two dedicated reserved car parking spaces. Charges such as the Preferential Location Charge, club membership, maintenance per sq ft per month and the IFMS maintenance deposit should be confirmed against the cost sheet before you book. The developer says its group projects have been financed by Canara Bank, HDFC, SBI and ICICI, which is a useful starting point for loan discussions.

About the Developer

Jubilee Joy Homes LLP, which trades as Jubilee, was formed on 16 October 2017 and is headquartered in SAS Nagar (Mohali), Punjab. The group lists 21 developments across Mohali and New Chandigarh on its own site. Its delivered projects include Jubilee Square in Aerocity, Mohali (April 2019), Jubilee Walk in Sector 70 (possession from 2022), Jubilee Junction in Sector 66 (possession from October 2023), Jubilee Parklane in Sector 120 (delivered 2025 as its sixth project) and Jubilee Golfvista in Sector 91, a mid-rise community on 6.25 acres. The group also claims its first project was delivered within 11 months and describes itself as having zero customer litigation, which are its own claims. It holds a Great Place to Work certification.

FAQ: Frequently Asked Questions

Q: Can I book a flat at Jubilee Mercasa right now?

A: No. The project is not yet RERA registered, so it is not open for sale or booking until that registration is complete.

Q: Where exactly is Jubilee Mercasa located?

A: It sits in Sector 3, New Chandigarh, Punjab, directly on the upcoming 200-ft VR-1 road and about 0 km from the Chandigarh boundary.

Q: What BHK options does Jubilee Mercasa offer?

A: It offers 3 BHK homes from 3,125 to 3,225 sq ft super area, 4 BHK homes at 3,990 sq ft, and a 5 BHK duplex penthouse of 4,200 sq ft or more.

Q: How far is Jubilee Mercasa from the airport and PGIMER?

A: Chandigarh International Airport is about 30 minutes away by road, while PGIMER and Panjab University are about 4 km away, roughly 5 minutes by car.

Q: Is Jubilee a reliable developer?

A: Jubilee has delivered several projects in Mohali, including Jubilee Square in Aerocity (2019) and Jubilee Parklane in Sector 120 (2025), and it was formed in 2017.

Q: Is there a metro station near Jubilee Mercasa?

A: Not yet. Chandigarh Metro Phase 1 is projected for full completion in 2034, and a 2026 report says its approval is being re-examined.