PropertyNivesh — Property Intelligence
G

Gillco Group

Est. 1996 · Mohali, Punjab · Privately held · Chandigarh & Punjab

🗓Published·Updated·Edited by Rakesh Mahajan

★★★★★ 3.3 Proceed with caution

Company overview

Who is Gillco Group?

Kharar–Mohali corridor builder (Parkhills, Valley) with two decades of group housing.

—

Completed projects (not disclosed)

—

Sq ft delivered (not disclosed)

—

Ongoing projects (not disclosed)

—

Upcoming projects (not disclosed)

Our ratings

Builder Score Card

We have published one overall judgement for Gillco Group rather than five separate assessments. The dimensions below are derived from it, and are shown for comparison only.

Construction quality 64/100
Delivery record 62/100
Customer satisfaction 62/100
Financial strength 60/100
Trust 66/100

On-time delivery: Not publicly documented — ask for the delivery history of the developer's last three projects.

At a glance

Gillco Group in Numbers

Gillco Group is a privately held developer founded in 1996, headquartered in Mohali, Punjab, active mainly in Chandigarh & Punjab. We rate it 3.3/5 overall — mixed — which ranks 145th of the 212 developers we profile and ahead of 27% of them.

Benchmarking

How Gillco Group Compares

Each rating against all 212 developers we profile and the 6 in Chandigarh & Punjab.

Rating Gillco Group Chandigarh & Punjab average Better than
Construction quality 3.2/5 3.3/5 26% of developers
Delivery record 3.1/5 3.2/5 28% of developers
Customer satisfaction 3.1/5 3.2/5 27% of developers
Financial strength 3/5 3.1/5 27% of developers
Trust 3.3/5 3.4/5 27% of developers

Where a builder has not been separately assessed on a dimension, the figure shown is derived from its overall rating. It is a like-for-like comparison, not five independent judgements.

Buyer guidance

Should You Buy a Gillco Group Project?

Gillco Group carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, check its debt and cash flow, or credit ratings and company filings if it is privately held, confirm the project's escrow account and RERA progress, and avoid large upfront payments.

Check before you book

  1. RERA registration and quarterly progress for the exact project and tower you are buying.
  2. Credit ratings and company filings, because Gillco Group is privately held and does not publish audited results.
  3. That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
  4. Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.

The bottom line

Our Verdict

Value-corridor operator; possession-stage inspections recommended.

Portfolio

Notable Projects

Key Gillco Group projects as the builder publishes them. None has a PropertyNivesh research page yet.

Gillco Parkhills Gillco Valley Gillco Towers

Questions

Gillco Group: FAQs

Is Gillco Group a good builder? +

We rate Gillco Group 3.3/5 overall — mixed. Value-corridor operator; possession-stage inspections recommended.

Is Gillco Group a listed company? +

No. Gillco Group is privately held, so detailed financials are not published; check credit ratings and company filings where available.

Does Gillco Group deliver on time? +

Gillco Group has not published an on-time delivery figure we could verify — ask for the delivery history of its last three projects.

How many projects has Gillco Group completed? +

Gillco Group has not published a completed-project count that we could verify.

Compare Gillco Group against another builder →