Real Estate built on goodwill
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Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only BenefitsFifty-five years ago, when Chandigarh and Panchkula were just finding their shape and Mohali was still called a "bohot door hai" city, the story of Subhash Mangat & Group began. There were no highways, no big investors, and no rush of builders - only belief, hard work, and goodwill.
Mangat ji used to say, “Bache, hamare paas bechne ke liye naa toh kapdon ke thaan hain, naa ration ki boriya. Ek cheez honi chahiye — hamari goodwill.” That one line became more than advice. It became the foundation of everything that followed.
The first plot sold in Chandigarh was priced around ten thousand rupees per square yard - a number that now feels unreal.
What began as a modest transaction grew into a value that multiplied many times over. Families who trusted SMG then continue to hold those same properties today, now worth crores.
From bungalows to townships
In those early years, it was the time of kothiyan - open plots and simple homes built with pride. Slowly, SMG expanded from Chandigarh to Panchkula and Zirakpur, creating planned neighbourhoods that shaped how the region grew.
When Mohali began to rise, people were unsure. It was still the "bohot door hai" city, and new names in real estate made buyers hesitant. But SMG had already earned people's trust, and that trust turned hesitation into confidence.
From booths to business parks, from small offices to a thriving IT city, from a single airstrip to the 200-foot-wide Airport Road that now connects everything - SMG has seen and shaped every phase of Tricity's growth.
Building value beyond land
While others chased trends, SMG focused on what lasts — credibility, timely delivery, and relationships that extend beyond transactions. Every project came with clear land titles, transparent pricing, and appreciation that outperformed the market. Families who bought once returned to invest again, this time with their children.
Real estate for SMG has never been about selling plots; it's about helping people secure their future.
A Legacy That Still Grows
Today, projects like White City, Highland Industrial City, and Greenwoods reflect how SMG continues to build spaces that balance legacy with opportunity.
With growing demand along the Airport Road and the IT City corridor, the group's locations remain among the most promising investment zones in North India.
From farmland to flourishing communities, from handwritten receipts to digital transactions, the journey of SMG proves that goodwill remains the strongest foundation for growth.Markets evolve, prices rise, cities expand - but the value of trust never goes down. And after fifty-five years, that goodwill is still our greatest achievement and our greatest offering.Subhash Mangat & Group — Because goodwill is the only value that keeps growing. Advertorial