Noble Magnollia

Noble Magnollia is a new-launch high-rise project on GMADA's Group Housing Site No. 5 in Sector 88, Mohali, sold under the Noble Ventures brand; its RERA promoter is CRA Buildtech LLP and others. The environmental clearance of November 2025 allows 681 flats in five towers of stilt plus 30 floors, a clubhouse and 22 shops on about 10 acres. Work has started: the developer's September 2026 update showed excavation and basement work, with no tower above ground, and the RERA completion date is 31 December 2030. Agents and portals quoted about ₹3–5.5 Cr for its 3+1 to 5+1 BHK flats between December 2025 and October 2026; the developer publishes no price list.

Noble Magnollia at a glance

• Developer: Noble Ventures, the makers of Noble Callista; RERA promoter CRA Buildtech LLP and others
• RERA: PBRERA-SAS81-PR1294, registered on 17 December 2025, valid to 31 December 2030 (unit table not seen)
• Site: Group Housing Site No. 5, Sector 88, Mohali 140308, next to Noble Aurellia on site 4; auctioned by GMADA in March 2023
• Scale: 681 flats in five towers of stilt plus 30 floors, a clubhouse and 22 shops on about 10 acres (clearance); portals quote 462 units (not confirmed)
• Flats: 3+1, 4+1 and 5+1 BHK of about 3,351, 4,451 and 5,551 sq ft of super area, each with a servant (utility) room, plus penthouses; the developer's own videos of August and September 2026 name only the 3+1, the 4+1 and penthouses
• Status: new launch, with excavation and basement work in September 2026
• Prices: about ₹3–3.1 Cr (3+1), ₹4.23 Cr (4+1) and ₹5.27–5.5 Cr (5+1), plus charges (asks, Dec 2025–Oct 2026)

Noble Magnollia price and floor plans

These are asking prices, not a developer price list: SquareYards' figures work out to its headline rate of ₹9,500 per sq ft of super area (computed), and parking, club membership, power backup and GST are not published. The developer advertises three car parks per flat and a "flexible payment plan" (September 2026) without giving their terms. Compare other 4 BHK flats in Mohali and the pre-launch and new-launch projects in Mohali.

Construction and possession

GMADA auctioned the site in March 2023, SEIAA Punjab granted the environmental clearance on 20 November 2025, and Punjab RERA registered the project on 17 December 2025, valid to 31 December 2030. The developer's "Construction Update September 2026" (re-posted by a broker channel on 17 October 2026) shows the plot excavated and raft and basement work under way with a tower crane, with no tower above ground. A broker toured a sample flat on 5 December 2025; the developer advertised it again in September 2026.

Location

Group Housing Site No. 5 lies in Sector 88, SAS Nagar (Mohali), Punjab 140308 (RERA's list gives PIN 160055), beside Noble Aurellia on site 4. The same sector has Joy Grand (site 3) and Atulyam The Bliss (site 3-A). By road from the centre of the site, CP67 Mall is about 4.4 km, Fortis Hospital Mohali 5.3 km, Bestech Square Mall 6.9 km, ISBT Sector 43 Chandigarh and Mohali railway station 8.2 km each, and Chandigarh International Airport about 14 km.

Amenities

The environmental clearance provides a G+1 clubhouse of about 4,145 sq m (about 44,600 sq ft) built-up, a retail block of 22 shops, two basements, a 600 KLD sewage treatment plant and a green area of 10,426 sq m (about 2.6 acres, 26% of the site). The developer advertises a double-height clubhouse, a half-Olympic swimming pool, a bowling alley and three car parks per flat (September 2026). Its "60,000 sq ft" clubhouse and "7-acre aquatic-themed central vista" are its own claims, larger than the clearance's figures, so ask for the approved amenity list in writing.

Before you buy

• Check PBRERA-SAS81-PR1294 and its quarterly reports on rera.punjab.gov.in, and ask for your flat's RERA carpet area: the areas quoted so far come from agents' listings.
• Do not pay more than 10% of the price before a registered agreement for sale (Section 13 of the RERA Act); an agent's listing of July 2026 asks a ₹90 lakh booking amount on a ₹3 Cr flat.
• Get a dated, all-inclusive price sheet and the payment plan in writing.
• For a 5+1 BHK, ask whether any are still offered: the developer's 2026 videos name only 3+1 and 4+1 flats and penthouses.
• Check which project a quote is for: Noble Aurellia next door has its own RERA number (PBRERA-SAS81-PR1136) and 3 BHK and 3+1 flats of about 2,651–2,951 sq ft, and the clearance for site 5 uses the name "Noble Aurellia".

Facts checked on 4 November 2026 against the Punjab RERA list (as on 25 September 2026), rerapunjab.org, the SEIAA environmental clearance of 20 November 2025, the developer's videos (August and September 2026) and construction update (September 2026), and SquareYards, acquirestate and RealEstateIndia listings and broker videos (December 2025 to October 2026). Asking prices change often.