Tag: Mohali

Latest StoriesRera

Mohali: 10-Year Wait Ends as RERA Orders Developer to Deliver SCO

MOHALI: In a significant development for buyers who have been waiting nearly a decade, the Real Estate Regulatory Authority (RERA) of Punjab has ordered a private developer to hand over possession of a commercial shop-cum-office (SCO) in Sunny Enclave, Sector 124, Mohali. The ruling was prompted by a complaint from two residents of Mohali, Santosh Machagalath Krishnan and Nisha Puliyoth Nandanan of Sector 125, who claimed they had paid the full cost of the unit and completed all necessary paperwork, yet had not received physical possession. The complainants had booked SCO no. 178, spanning 62.22 square yards in High Plaza…

Latest StoriesRegulatory

PUDA Revokes Developer’s CLU Due to Land Ownership Issues

MOHALI: The Punjab Urban Development Authority (PUDA) has revoked the Change of Land Use (CLU) permission for 1.21 acres previously allotted to a private developer for an industrial park project in Mohali. This revoked land is part of a larger 56.53-acre area authorized for industrial development in the villages of Drari and Dhurali, Mohali tehsil. As stated in a public notice from the state directorate of town and country planning, the developer was initially granted CLU approval for 51.4 acres on August 29, 2018, with an additional 5.13 acres approved on January 29, 2019. The complete layout plan for the…

Latest StoriesRegulatory

NGT Calls Officials, Developer Over Waste Spill Incident

MOHALI: The National Green Tribunal (NGT) issued a stern warning to multiple government bodies and a private developer, summoning senior officials from Gmada, the gram panchayat of Green Enclave Kharar, and the developer group. This comes after their failure to curb the discharge of untreated wastewater that has been pooling for over a year in an open area near Daun Majra village, Kharar. The case arose when Vijay Kumar Pathania submitted a petition on January 11, 2024, alleging the dumping of sewage from Green Enclave on open land, adversely affecting his nearby residence adjacent to the TDI project. Following the…

InfrastructureLatest Stories

Villagers Seek to Join Mohali Civic Body for Better Services

Representative AI image MOHALI: On Thursday, the Punjab government organized a public hearing to gather feedback on the proposed expansion of the Mohali Municipal Corporation (MC) limits. The event took place at the local bodies department in Sector 34, Chandigarh, and witnessed a strong turnout from residents advocating for the inclusion of newly developed sectors and surrounding villages into the MC’s jurisdiction. The session was led by Tejvir Singh, Additional Chief Secretary of Local Government, and attended by MC Commissioner Parminder Pal Singh. Approximately 150 residents from various sectors, villages, and local organizations participated. “The hearing was cordial and positive,”…

InfrastructureLatest Stories

RWAs Urge Mohali Developers to Construct Masterplan Road

Representative Image MOHALI: On Monday, over 25 resident welfare associations (RWAs) and market associations from Sectors 123, 124, and 125 protested against Gmada. Their anger stemmed from the prolonged delay in constructing the 200ft Dara Studio-Khanpur masterplan road. Anandpur Sahib MP Malvinder Singh Kang joined the protest, organized by the 200 Ft Master Plan Road Sangharsh Committee. He assured residents that he would prioritize the issue. Residents voiced their frustrations, stating that more than 20,000 families had invested their life savings in homes and businesses, reliant on the promised road. Builders and property dealers had marketed plots and homes based…

IndustryLatest Stories

Valuers to Reassess Prices of Unsold Mohali Sites

Representative AI image MOHALI: The Greater Mohali Area Development Authority (Gmada) has begun reviewing the reserve prices of unsold residential, commercial, institutional, and industrial plots through independent valuers. Bids are invited from valuers associated with nationalized banks or the I-T department to conduct this valuation. According to officials, these valuations will pertain to sites that received no bids in two or more consecutive e-auctions, with an objective of establishing more realistic reserve prices aligned with current market conditions. Gmada will appoint three independent valuers per site to ensure a transparent and fair assessment. The selected valuers must not be blacklisted…

InfrastructureLatest Stories

Mohali RWAs Seek Completion of Promised Road in Master Plan

Representative Image MOHALI: Residents from Sectors 123, 124, and 125 have united to push for the long-delayed 200ft Master Plan Road from Dara Studio to Khanpur. Protesting under the 200 Ft Master Plan Road Sangharsh Committee on Sunday, they threatened to escalate their efforts if the government does not initiate construction. Chanting ‘No Road, No Vote’, the Residents’ Welfare Associations (RWAs) voiced their frustration, stating that thousands of families feel “stranded and cheated” after investing their life savings in homes and commercial properties, with the expectation that a crucial arterial road would be built as outlined in the GMADA master…

IndustryLatest Stories

Mohali Industrial Plot Price Drops from ₹8.5 Cr to ₹4.5 Cr in 4 Months

MOHALI: Industrial land prices in Mohali’s Phase 8-B have experienced a significant drop, with a 500 square yard plot being sold for Rs 4.5 crore in the recent Punjab Small Industries and Export Corporation (PSIEC) auction that concluded late Tuesday. This price is almost half of the Rs 8.5 crore achieved for the same plot size during the auction in June of this year, indicating a shift in buyer sentiment and increased availability of industrial land. The PSIEC auction included 26 plots of 500 sq yards each, offered on a 99-year leasehold basis. Participation in this round was steady but…

InfrastructureLatest Stories

Punjab Prepares to Redraw Mohali Civic Body Boundaries

MOHALI: As civic body elections approach next year, momentum is building for the long-awaited expansion of Mohali’s municipal boundaries. The Punjab local government department is set to issue a formal notification on this by the first week of November. The decision, which is currently pending in the Punjab and Haryana High Court, will extend the civic body’s jurisdiction to several rapidly developing areas. The next court hearing on this matter is scheduled for November 2. The plan aims to include key residential and commercial areas such as Aerocity, IT City, and sectors 81, 82, and 86 to 94. Private developments…

Latest StoriesResidential

Mohali Collector Rates Increase by 20%-32%

MOHALI: In a move that could impact the real estate sector, the Mohali district administration has announced a collector rate increase for residential properties ranging from 20% to 32% based on locality for the financial year 2025-26. The new rates will take effect starting October 23. Notably, commercial property rates will remain unchanged. For a complete list of the revised rates, please visit the official district website at www(dot)sasnagar(dot)nic(dot)in. In municipal jurisdiction areas, residential rates have escalated by 5% to 33%. Last year, adjustments were made in September, with increases spanning from 26% to 50%. This year’s rate per square…