Tag Archive | "GMADA"
Realty in Mohali gains momentum
The Greater Mohali Area Development Authority’s (GMADA) dream project, Aerocity, coming over 1,000 acres in Mohali and offering accommodation for 4,000, has evoked an unanticipated response, signaling real estate in the region is moving in a positive direction. GMADA expects to sell around 300,000 forms in just a month for the 4,000-odd accommodations, indicating a rise [...]
Continue reading...GMADA earns Rs 7,000 cr from Aerocity project
Friday, July 9, 2010
The Greater Mohali Area Development Authority (GMADA) has earned Rs 7,000 crore on the account of earnest money paid by the applicants besides receiving over 2.75 lakh applications for its Aerocity project, sprawled over 1,000 acres of mixed land in the vicinity of upcoming international airport in Sectors 66 (east) and 82 (east). Balbir Singh Dhol, [...]
Continue reading...GMADA told to find a new dumping ground site, again
Friday, July 9, 2010
New proposed site also rejected by State Expert Appraisal Authority for Environment After the Punjab and Haryana High Court issued a notice to the Greater Mohali Area Development Authority (GMADA) to find a new site for the dumping ground, the State Expert Appraisal Authority for Environment has rejected the proposed site for dumping ground in Sector [...]
Continue reading...NO EXTENSION FOR AEROCITY APPLICATION
Tuesday, July 6, 2010
The Greater Mohali Area Development Authority (GMADA) on Monday ruled out extending the deadline for applying for the Aerocity plots. There was demand from different quarters, including banks, for extending the deadline beyond July 6, but the GMADA authorities turned it down on the ground that they had sold nearly 4 lakh brochures in a month [...]
Continue reading...Aerocity: Draw of Plots in July-end
Friday, June 25, 2010
LETTERS OF INTENT TO BE ISSUED IMMEDIATELY THEREAFTER; BANKS LOWER RATE OF INTEREST The Greater Mohali Area Development Authority (GMADA) will hold the draw of lots for the Aerocity project in the last week of July and issue letters of intent immediately thereafter. GMADA hasn’t settled on a date yet for holding the draw of lots, [...]
Continue reading...airport city - HC gives hope to farmers
Thursday, May 6, 2010
DRAIN FROM TREATMENT PLANT ONLY SOURCE OF WATER FOR IRRIGATION; GMADA TO ADDRESS CONCERNS BEFORE PLUGGING IT The Greater Mohali Area Development Authority (GMADA) will have to consider the representation of farmers, who are against plugging of a drain for developing Airport City.Justice K. Kannan of the Punjab and Haryana High Court on Wednesday directed the [...]
Continue reading...SAS Nagar residents told to pay Rs 10,000 to GMADA
Monday, April 26, 2010
Holding that a petitioner cannot seek a restrain without proving that there is a violation of layout plan on the part of authorities of Greater Mohali Area Development Authority (GMADA), Justice K. Kannan of Punjab and Haryana High Court has dis- missed the petition, filed by a few SAS Nagar residents, directing them to pay [...]
Continue reading...Airport City - Farmers hit jackpot, Rs 1.5 cr per acre
Saturday, April 17, 2010
The compensation is adequate. With the money, I will be able to send my children abroad for higher studies. The Greater Mohali Area Development Authority (GMADA), on Friday, announced compensation of Rs 1.5 crore per acre for farmers whose land has been acquired for GMADA Airport City, a residential urban estate. Farmers can also opt for the [...]
Continue reading...GMADA to offer 4,000 plots soon
Wednesday, March 31, 2010
To invite applications for residential plots in four new sectors Greater Mohali Area Development Authority (GMADA) is all set to launch mixed land use scheme next month. The scheme would come up on both sides of 200 feet road in Sector 66-66A junctions to National Highway-64 near Chhat village. Under the scheme, GMADA will invite applications for [...]
Continue reading...GMADA provides relief to 1,200 plot allottees
Monday, March 15, 2010
Gives one-year extension to construction on vacant plots In a major breather for nearly 1,200 allottees of plots in SAS Nagar, the Greater Mohali Area Development Authority (GMADA) has allowed construction on vacant plots till December 31, 2010, with a condition of 4 per cent interest on current reserve price of plots.The previous last date had [...]
Continue reading...GMADA Relief for 900 allottees
Wednesday, March 10, 2010
Though GMADA has allowed the Sector 76-80 allottees to construct houses, they will have to give an undertaking that they won’t seek basic services for the areas under litigation The Greater Mohali Area Development Authority (GMADA) has allowed nearly 900 allottees in Sector 76-80 to construct houses on their plots. However, the permission comes with a [...]
Continue reading...GMADA to auction institutional, nursing home sites
Thursday, February 18, 2010
AFTER TUESDAY’S FLOP SHOW, DECIDES NOT TO AUCTION RESIDENTIAL SITES IN SAS NAGAR TILL THE MARKET SITUATION IMPROVES auction only institutional and nursing home sites for the time being. Vivek Pratap Singh, Chief Administrator, GMADA, said, “After the poor response to Tuesday’s auction, especially for residential sites, we have decided to hold the auction only after the [...]
Continue reading...GMADA auction flops again
Wednesday, February 17, 2010
Only 12 of 45 commercial sites sold; no takers for residential sites due to high reserve price The first auction of the year by the Greater Mohali Area Development Authority (GMADA) proved to be a flop show on Tuesday, with only 12 out of 45 commercial sites being sold.The eight residential sites did not find any [...]
Continue reading...LAND ACQUISITION IN SAS NAGAR - HC notice to GMADA
Friday, December 4, 2009
NOTICES ISSUED TO GMADA, HOUSING AND URBAN DEVELOPMENT DEPARTMENT AND PWD The Punjab and Haryana High Court has issued notices on a petition challenging land acquisition in three villages of SAS Nagar district. The Court issued the notices to Housing and Urban Development Department, Public Works Department, Chief Administrator, Greater Mohali Area Development Authority (GMADA) as well [...]
Continue reading...Few takers for periphery flats, developers reduce prices
Monday, November 30, 2009
With thousands of flats lying vacant in SAS Nagar, Zirakpur, Dera Bassi, Lalru, Kharar and Kurali, private developers have started offering discounts. A three-bedroom flat is now available for Rs 16 lakh, while earlier its cost was Rs 18-19 lakh. A two-bedroom flat is available for Rs 12 lakh, down from Rs 15-16 lakh. Developers [...]
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