GMADA Eco City Residential Plots Scheme - Mullanpur Urban Estate

Published: September 28, 2011 at 9:49 PM | Author: Administrator
News Source: Greater Mohali Area Development Authority

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The Greater Mohali Area Development Authority (GMADA) has launched a 740 residential plots scheme in Eco City Phase-1, Mullanpur (New Chandigarh) on September 21, 2011. The last date for submission of application forms for the GMADA Eco City residential plots scheme is on October 21, 2011.

The Greater Mohali Area Development Authority (GMADA) has launched its Mullanpur Urban Estate Phase 1 project. Eco City, is being developed by GMADA, North of Chandigarh in the Greater Mohali Region in New Chandigarh (Mullanpur). New Chandigarh is master planned as a spread out, low population density settlement for 400,000 persons eventually, with only 100 persons inhabiting an acre. Set in the picturesque backdrop of Shivalik Hills at 6 kilometers from Madhya Marg Chandigarh, Eco City promises to be a spacious, calm abode promoting health, creativity and prosperity of its inhabitants.



In Eco City Phase-1 scheme, the Greater Mohali Area Development Authority is offering total 740 residential plots of 83.60 square meters (100 square yards), 167.20 square meters (200 square yards), 250.80 square meters (300 square yards), 334.50 square meters (400 square yards), and 418.10 square meters (500 square yards) area.

The draw of lots for the GMADA Eco City Phase-1, Mullanpur residential plots scheme is expected to be held on November 30, 2011.

The decision in this regard was taken during the executive committee meeting of GMADA, headed by the chief secretary, on Monday. The committee has also decided to name the project as Eco City, for which the draw of plots will be held on November 30.

With a majority of landowners whose land was acquired for the project opting for land pooling, the number of plots ranging between 100 sq yd (4 marla) and 500 sq yd (1 kanal) has been reduced from 2,074 to 740.

Having learnt lessons from the Aerocity project, where most of the applicants were from outside Punjab, GMADA has made changes in the eligibility criterion and the payment schedule. For Eco City, only bonafide residents of Punjab and Chandigarh can apply.

"To ensure that outsiders don’t apply this time, we have decided that the applicants would have to attach three selfattested proofs of identity. The person should be residing in Punjab and Chandigarh for the past five years and the identity proofs should show that," said GMADA land acquisition officer Hargunjeet Kaur.

The people who own property or have plots in Sectors 76 to 80 and Aerocity are not eligible to apply for the Mullanpur Urban Estate.

Having faced inconvenience in dealing with lakhs of applications for plots in Aerocity housing project, GMADA has decided to accept online applications for the residental plots being offered at Mullanpur to facilitate applicants. On the basis of computer-generated application forms, applicants will be able to deposit the earnest money with banks. To ensure that only end-users apply for the plots, GMADA has done away with the six halfyearly instalments. GMADA has decided that 10% earnest money will be paid with the application and 90% of the cost of the plot would be paid within three months from the date of issuing of the Letter of Intent.