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Anandpur Sahib Punjab GMADA Scheme

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Anandpur Sahib Punjab GMADA Scheme

Last updated: June 17 2015
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  • Anandpur Sahib Punjab GMADA Scheme

    Hi friends,

    Please provide your feedback on this scheme.
    Is it good scheme to invest at Rs 6000/sqyd?

    I know it will be lottery with so many applications - just need your opinion on this.

    Indigill bhai, jatinder and others - please suggest.
  • #2

    #2

    Re : Anandpur Sahib Punjab GMADA Scheme

    Since the rate is low and if this is 4-5 years + investment then it would be good. Badal's have huge land banks in that area, so you will see a lot of development in next 5 years. That is why all this talk about upgrade of highways to Anadpur Sahib, an airport etc etc. The only thing to keep in mind is, once a plot is allotted to you there, you will not be eligible to apply for another plot around Mohali area (so you might want to chose who you nominate for applying here).

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    • #3

      #3

      Re : Anandpur Sahib Punjab GMADA Scheme

      The land with badals is a lot of scattered portions. A lot of land pools is with Beuracrats in this area. With that said, if you go lucky enough, you are assured a 6-9K psy premium atleast on the day of allotment itself. However, the number of plots is very less and competition would be very high !!

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      • #4

        #4

        Re : Anandpur Sahib Punjab GMADA Scheme

        How many applications are expected for this scheme?
        Please share other details.

        Thanks!
        Last edited May 23 2012, 02:43 PM.

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        • #5

          #5

          Re : Anandpur Sahib Punjab GMADA Scheme

          Scheme is open: Scheme Closes on 20.06.2012

          DASHMESH NAGAR-GMADA

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          • #6

            #6

            Re : Anandpur Sahib Punjab GMADA Scheme

            Again the problem is, i do not see many end users here. Only a few people who live around the area will apply, rest all from other parts of Punjab and overseas will be speculators. So i do not see a premium going more than 2-4K in this case.

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            • #7

              #7

              Re : Anandpur Sahib Punjab GMADA Scheme

              Total 158 plots, I am sure there will be thosuands of people applying !. Plots vary between 7 (500 sq yard, general category) and 38 depending on sizes.

              I think worth it if you want to just experiment ! - but the fact that subsequent Mohali schemes will be out of bound is a deterrent\
              SBS

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              • #8

                #8

                Re : Anandpur Sahib Punjab GMADA Scheme

                In Brochure, there is mention of losing right to apply for scheme only for reserved catagory if same is already done anywhere in India for any govt scheme.
                How can they do a check county wide?

                Is there a condition that one can not apply for PUDA scheme if once alloted?
                It is not mentioned in this brocure.
                Why would puda want lesser applicants? PUDA is getting interest free money for atleast 3 months?

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                • #9

                  #9

                  Re : Anandpur Sahib Punjab GMADA Scheme

                  Originally posted by safeda View Post
                  In Brochure, there is mention of losing right to apply for scheme only for reserved catagory if same is already done anywhere in India for any govt scheme.
                  How can they do a check county wide?

                  Is there a condition that one can not apply for PUDA scheme if once alloted?
                  It is not mentioned in this brocure.
                  Why would puda want lesser applicants? PUDA is getting interest free money for atleast 3 months?
                  It has always been a puda/Gmada policy that since these plots are always below market rates, people who were alloted a plot earlier cannot apply again. Many of the people apply and sell them in black right away but the aim has been to provide housing to one and all.

                  Well they do have a check in place and once they find out, you lose your money. It may not be possible for them to find out if you applied for a scheme in say Bangalore in a reserved catogory but some category like defence, sports etc are recoded at central level (i guess).

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                  • #10

                    #10

                    Re : Anandpur Sahib Punjab GMADA Scheme

                    Anyone invested ?

                    Did anyone from the forum invest in this scheme ? What has been the response at the ground level.....if any ? Normally the rush is seen in the last days of the scheme but this time looks like it has been really quite.

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