Tag: Mohali

Latest StoriesResidential

Mohali Launches 50th Affordable Housing Project in Sector 114

Representative Image MOHALI: The Greater Mohali Area Development Authority (GMADA) has launched its 50th affordable housing project, introducing a revised layout plan for a new residential plotted colony spanning 25 acres in Sector 114, village Kailon, Tehsil Mohali. Dubbed “White City,” this initiative is being developed by a private company, according to GMADA officials. A public notice regarding the updated layout has been issued by GMADA, inviting interest from potential buyers and stakeholders. Over the years, Mohali has seen a consistent increase in affordable housing developments, driven both by GMADA and private developers. Areas like Kharar, Banur, and sectors such…

Latest StoriesResidential

No House Photo Needed for Property Tax: Mohali Mayor

MOHALI: In a significant development, Mayor Amarjit Singh Sidhu has announced that the Mohali Municipal Corporation (MC) will soon eliminate the requirement for residents to submit front and back photos of their houses when paying property tax. This decision follows concerns expressed by councillors. The issue was raised during a recent MC House meeting, where councillors noted that many residents were hesitant to pay property tax due to the photograph requirement. Some homeowners have made changes to their properties and are waiting for approval under the need-based changes policy. They worry that submitting photos could lead to violation notices from…

IndustryLatest Stories

Homeland Group, VRC Buy Mohali Land for ₹1,000 Crore+

Representative image NEW DELHI: Homeland Group, in collaboration with construction firm VRC, has procured two mixed-use land parcels in Mohali via a Greater Mohali Area Development Authority (GMADA) e-auction, with a total investment exceeding ₹1,000 crore. The larger acquisition involves a 5.5-acre lot near the Chandigarh border, purchased at approximately ₹70 crore per acre, contributing around ₹400 crore to GMADA’s revenue. In another separate acquisition, the developers secured a 13-acre parcel in Sector 62, Mohali, at about ₹47 crore per acre, resulting in a total bid value of over ₹600 crore. Both parcels are slated for development as mixed-use projects…

CommercialLatest Stories

Punjab to Develop Mohali as Tier-I IT Hub

CHANDIGARH: A session focused on Information Technology and IT-enabled Services took place on the final day of the Progressive Punjab Investors’ Summit 2026, positioning Punjab as a leading hub for tech investments and digital progress. During the session, Seema Bansal, vice-chairperson of the Punjab Development Commission (PDC), stated, “The Punjab government is committed to establishing Mohali as a Tier 1 town within the IT sector.” “The state administration is prioritizing key areas like governance, academia, and infrastructure to realize this vision,” she added. Bansal also noted that several manufacturing firms in the state have begun incorporating AI technologies into their…

Latest StoriesRegulatory

High-Priced Homes Out of Reach for Middle Class: Punjab HC

CHANDIGARH: The Punjab and Haryana High Court has raised grave concerns regarding the skyrocketing costs of residential plots and flats auctioned by government development agencies in the Tricity—Chandigarh, Panchkula, and Mohali—asserting these prices have made home ownership unattainable for middle-class and salaried professionals. The court has instructed the governments of Haryana, Punjab, and UT Chandigarh to develop a proposal aimed at addressing affordable housing, suggesting alternatives like lottery systems for all societal segments, including the salaried and middle class. “It seems that state authorities have begun prioritizing profit, abandoning the common citizen. The auction prices for residential properties are exorbitant,”…

InfrastructureLatest Stories

Mohali Residents Protest Delays in PR-6 Road Construction

MOHALI: Residents and members of various housing societies under the Committee of Resident Welfare Associations and Societies (Corwas), Mega Mohali, staged a protest on Friday outside a private builder’s head office in Sector 119, urging expedited construction of the proposed PR-6 road. Protesters claimed that a legal dispute involving the builder has halted the project, affecting thousands of local residents. Corwas representatives stated they have appealed to Puda and the state government to revoke approvals granted to the builder and expedite resolution of the legal matter, but have seen no progress. Corwas president Rajwinder Singh accused the builder of obtaining…

InfrastructureLatest Stories

Mohali Dismantles Illegal Structures Near Sukhna Lake

MOHALI: The district administration conducted an anti-encroachment drive in Naya Gaon on Monday, adhering to high court directives aimed at removing unauthorized constructions in the Kansal catchment area of Sukhna Lake. The operation was overseen by the designated nodal officer and involved teams from AME, the building inspector, general inspector, and the executive officer. Police, including the Naya Gaon SHO, were present to maintain order during the action. Officials indicated that the enforcement teams targeted structures built in violation of court orders, particularly around Patiala Ki Rao and parts of Shivalik Vihar. These areas are within the restricted Kansal catchment…

Latest StoriesRera

Punjab RERA: Recover ₹25 lakh from GMADA for plot delay

MOHALI: The Real Estate Regulatory Authority (Rera), Punjab, has instructed the Mohali deputy commissioner to recover ₹25,89,659 from the Greater Mohali Area Development Authority (Gmada), designating it as a judgment debtor for not providing timely possession of a plot auctioned in IT City back in 2016. The directive, issued under Section 40 of the Real Estate (Regulation and Development) Act, 2016, empowers Rera to collect dues as arrears of land revenue. A formal Recovery Certificate has been dispatched to the Deputy Commissioner for enforcement. The complainant, Amandeep, a resident of Chandigarh’s Sector 21-A, stated that he bought a 256-sq-yard plot…

IndustryLatest Stories

Mohali Body Launches E-Auction for 42 Sites Worth ₹5,460 Crore

MOHALI: Punjab’s housing and urban development minister, Hardeep Singh Mundian, has announced a significant step in urban development with the Greater Mohali Area Development Authority (GMADA) set to auction 42 premium sites valued at Rs 5,460 crore through an online platform. The inaugural mega e-auction will take place from January 14 to February 11, 2026. The minister highlighted that this auction aligns with the Bhagwant Singh Mann government’s goal of stabilizing property prices, ensuring transparency, and fostering investor-friendly policies to attract homebuyers, entrepreneurs, and institutional stakeholders. The sites available include residential plots, shop-cum-offices (SCOs), mixed-use areas, collective housing plots, as…

IndustryLatest Stories

Punjab Slashes Reserve Prices by 22% for Gmada Properties

MOHALI: In a significant move to monetize stalled public assets and rekindle buyer interest, the Punjab government has sanctioned a notable reduction in the reserve prices for properties listed by the Greater Mohali Area Development Authority (Gmada) that have failed to attract buyers over the years. The new policy indicates an average drop of 22% in the reserve prices for these unsold properties, a change anticipated to generate revenues between Rs 5,000 crore and Rs 10,000 crore. The announcement, made by Finance Minister Harpal Singh Cheema, followed the establishment of a committee tasked with evaluating government-owned properties that remained unsold…