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GMADA Residential plots, Mullanpur, Chandigarh

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GMADA Residential plots, Mullanpur, Chandigarh

Last updated: July 5 2013
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  • #41

    #41

    Re : GMADA Residential plots, Mullanpur, Chandigarh

    Originally posted by Sanjaykhanna View Post
    Any update on this ? Did they finalized the dates ?
    Most likely in Aug.

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    • #42

      #42

      Re : GMADA Residential plots, Mullanpur, Chandigarh

      Do you think it is going to be good investment ? any updates on the dates ?

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      • #43

        #43

        Re : GMADA Residential plots, Mullanpur, Chandigarh

        Originally posted by Gagan Singh View Post
        Do you think it is going to be good investment ? any updates on the dates ?
        Without doubt if priced below 20k. This month most probably .

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        • #44

          #44

          Re : GMADA Residential plots, Mullanpur, Chandigarh

          Mullanpur plots only for Punjab residents, proposes GMADA

          Mullanpur plots only for Punjab residents, proposes GMADA

          Mullanpur plots only for Punjab residents, proposes GMADA - Indian Express

          No final decision yet, initial plan floated by authority after 60% of Aerocity allotted to outsiders; project likely to start month-end
          People who were dreaming of owning a house near Chandigarh and were pinning their hopes on Mullanpur Urban Estate may have to wait longer as the Greater Mohali Area Development Authority has proposed that allotment of plots in this project may be restricted to bona fide residents of Punjab.
          Though no final decision has been taken yet regarding allotment of plots only to residents of Punjab, the Mullanpur Urban Estate project is expected to start by this month-end.
          “The land has been acquired and we hope to float the project by month-end after all the formalities are completed,” Land Acqusition Collector Hargunjit Kaur said.
          The proposal to float the scheme only for residents of Punjab is being considered after GMADA had to face a lot of flak regarding the Aerocity project. Over 60% of the people allotted plots in Aerocity project were from outside Punjab.

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          • #45

            #45

            Re : GMADA Residential plots, Mullanpur, Chandigarh

            The Mullanpur Urban Estate is set for an early September launch. The tentative price for the scheme is Rs 16,000 per square yard, as against Rs 12,000 per square yard for the Aerocity project. The total plots on offer here are 2,720 approximately, and with the land pooling scheme, only about 1,000 plots may be left for the general public. In addition, landowners whose property is being acquired for the Medicity project at Mullanpur will be given the same offer of land pooling within the urban estate. This has squeezed the number of plots available for the general public here. A total of 20 acres belonging to about 200 landowners have been acquired for the urban estate project. For the Medicity project, land is being acquired from about 100-150 landowners. GMADA officials say landowners who opt for the pooling scheme will be offered the letter of intent within three to four months.

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            • #46

              #46

              Re : GMADA Residential plots, Mullanpur, Chandigarh

              What about the clause that only residents of Punjab can apply ? Is something similar going to be there ?
              Please read IREF rules | FAQ's

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              • #47

                #47

                Re : GMADA Residential plots, Mullanpur, Chandigarh

                Originally posted by MANOJa View Post
                What about the clause that only residents of Punjab can apply ? Is something similar going to be there ?
                It's almost a certainty that domicile would be required.

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                • #48

                  #48

                  Re : GMADA Residential plots, Mullanpur, Chandigarh

                  Originally posted by gurdial View Post
                  Most likely in Aug.
                  Bai ji, still no news abt this ?

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                  • #49

                    #49

                    Re : GMADA Residential plots, Mullanpur, Chandigarh

                    Originally posted by Gagan Singh View Post
                    Bai ji, still no news abt this ?
                    Early September, they have all issues sorted out now. Just working out the details. Met the Estate officer today, he says this would be a gold mine for the luck ones who get it. Great for premium play and also long term hold.

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                    • #50

                      #50

                      Re : GMADA Residential plots, Mullanpur, Chandigarh

                      Originally posted by gurdial View Post
                      Early September, they have all issues sorted out now. Just working out the details. Met the Estate officer today, he says this would be a gold mine for the luck ones who get it. Great for premium play and also long term hold.
                      Thanks for the update bai ji, I hope I would be the lucky one this time. ;-)

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