IndustryLatest Stories

Gmada proposes ₹800/sq yard cut in enhancement fees for sectors 76-80

MOHALI: A potential relief for over 30,000 plot allottees in sectors 76 to 80 is on the horizon as the Greater Mohali Area Development Authority (GMADA) has proposed reducing enhancement charges by Rs 800 per square yard. However, this proposal awaits final approval, as the state government is seeking a comparative review of enhancement charge calculations used by other regional development authorities. The decision was made during a GMADA executive committee meeting chaired by Punjab Chief Secretary K.A.P. Sinha, who also leads the committee. The meeting took place at the PUDA office in Sector 62 on Thursday. Before proceeding with…

InfrastructureLatest Stories

Mohali Seeks Bids for Aerotropolis Development Project

Representative image created by AI MOHALI: In a significant initiative to reshape Mohali’s urban environment, the Greater Mohali Area Development Authority (GMADA) has called for Expressions of Interest (EoIs) for the development of the Aerotropolis City project, which encompasses 5,500 acres near Shaheed Bhagat Singh International Airport. This development comes after the project received environmental clearance from the State Environment Impact Assessment Authority, clearing the last obstacle to commence physical development. The decision to start inviting bids was made by the secretary of housing following years of delays. According to GMADA officials, the Aerotropolis will be developed in phases, with…