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Mohali: GMADA’s 48-acre reclassified EWS land goes under hammer

The e-auction for six group housing sites, which started on April 13, will continue till 12 noon on April 22; GMADA will sell these sites with a total reserve price of ₹1,214.52 crores and is expecting to fetch up to ₹2,000 crores in case of a successful auction

Punjab Government in February had approved the policy to sell the scattered chunks of GMADA’s EWS land in different housing societies through e-auctions across the state. (HT File)
Published on Apr 15, 2025 09:46 AM IST
By, Mohali

Mohali: GMADA again fails to sell land near YPS protest site

Notably, during an auction in September last year, a 6.64-acre site in Sector 62, near the aforesaid land was sold for a staggering ₹527.11 crore to Phoenix Group under the name of its subsidiary Casper Realty Private Limited, well above the reserve price of ₹290.40 crore

According to sources, GMADA could not get any bidder for the 6.30-acre commercial site in Sector 62, which has been encroached upon by the protesters. (HT Photo)
Published on Mar 24, 2025 09:36 AM IST
By, Mohali

Mohali: Sale of 368 sites fetches GMADA 1,986 crore

While 85 of the total 453 sites found no takers, the authority managed to sell a mixed-use-site spread over 18,223 square metres in Aerocity for ₹264.69 crore to Jalandhar-based Gaurav Infra LLP

As many as 453 sites encompassing 406 residential plots in Mohali and New Chandigarh, 19 SCOs, 13 booths, eight mixed used, three commercial, two institutional and two hotel sites were up for grabs during the e-auction. (Getty Images/iStockphoto)
Published on Mar 23, 2025 09:40 AM IST
By, Mohali

Mohali: Aerocity residents start cleanliness drive, slam GMADA for inaction

Around 50 residents of Aerocity, including women and senior citizens, joined the drive led by Aerocity Welfare and Development Committee (Block C) chairman R Tuli

Residents of Aerocity during a cleanliness drive in protest against GMADA’s inaction. (HT)
Published on Mar 11, 2025 11:51 AM IST
ByAarya Kumari, Mohali

604 GMADA properties to go under the hammer in Mohali

While GMADA has yet to decide on the reserved price, it will be offering 457 residential plots in Mohali and New Chandigarh, 88 SCOs, 26 shops, 13 booths, eight mixed used plots, four IT plots, three school and commercial sites each, and two hotel sites

While Mohali residents will be able to buy shops and SCOs in Sectors 64, 70, 78,79 and 80; booths will be available in Sectors 59, 60, 61 and 69 in Block D. (Getty Images/iStockphoto)
Published on Mar 09, 2025 09:02 AM IST
By, Mohali
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