Gmada IT City Land Pooling Plots Mohali

Gmada IT City Land Pooling Plots at Sector 66A and Sector 82A

The Greater Mohali Development Authority (GMADA) implemented Land pooling scheme at Mohali in 2009 for the development of Gmada Aerocity, and later for the adjoining IT city Mohali. Around 1685 acres of land had acquired for the IT city Mohali in 2012. Land for developing GMADA IT City was acquired on land pooling basis under which the farmers will be given 1,100 square yards area if his one acres of land is acquired. In the package of 1,100 square yards, owner of Gmada IT City land pooling land has given plots measuring 500 yards, 300 yards , 200 yards, besides a showroom measuring 100 yards.

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Under land pooling scheme, the farmers of It city Mohali are not charged any stamp fee for getting the plots registered in their names. They are also given an additional time of two years or more for construction on the gmada it city plots allotted to them for housing and commercial purposes. Besides this, the farmers are paid rental from the day of land acquisition till the date of physical possession of it city plots Mohali under this land pooling scheme. This rental had fixed by the district collector concerned. GMADA had given an annual land rental of 30,000 per acre under the land pooling scheme in 2012. At present, the annual rental of farmland around Mohali is between 40,000 and 50,000 for an acre. The land, which doesn’t have irrigation facility, also fetches at least 30,000 per acre.

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Gmada IT City Land Pooling Mohali

15 villages from which land has acquire for development of Gmada IT City include Manoli, Chhatt, Badi, Sau, Kurdi, Kishanpur, Paton, Chau Majra, Matran, Bakarpur, Rurka, Safipur, Sainimajra (Premgarh), Naraingarh, and Kishanpura. This land had acquired to develop the area as a commercial, residential and Institutional hub for Gmada IT City Mohali. Since the international airport is located nearby, there will be a lot of demand for commercial activity and big institutions in Gmada Aerocity Mohali and IT City Mohali.

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Gmada Land Pooling Land Bank

In the past, the GMADA used to acquire land just before launching any project as a result of which sometimes the projects got delay owing to various technical problems, including litigation by many farmers to seek revised compensations. To avoid problems of exhausting land quota for new development projects, the Greater Mohali Area Development Authority (GMADA) will create a bank. With the creation of the land bank, the GMADA will have reserved land for launching any new project.

it city mohali plots sector 82a

gmada it city sector 82a

In Year 2017 GMADA had decided to acquire 5,438 acres of land in the periphery of the airport, Aerocity and New Chandigarh to create land bank for future projects. The villages that will be affected include Manoli, Chhatt, Badi, Sau, Kurdi, Kishanpur, Paton, Chau Majra, Matran, Bakarpur, Rurka, Safipur, Sainimajra(Premgarh), Naraingarh, and Kishanpura. The land bank will kept reserved under the Gmada Aero City, Eco City and IT City expansion plan, which will use for the upcoming housing, commercial and industrial projects in the city.

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Gmada IT City Land Pooling Plots for Sale

Confirmed Land Pooling SCO Plots, Booths and Residential Plots with Letter of Intent (LOI) from GMADA at IT City Mohali are available for Sale. Lands (in Acre) at IT City Mohali are also available. Farmer will get LOI of 1000-SYD Residential Plots and 100-SYD Commercial SCO in Gmada IT City Mohali through Land pooling Scheme against 1-Acre directly from GMADA. LOI had issued by GMADA for Land Pooling Plots to Farmers whose land had acquired. These LOI is available in resale and shall be transferable after payment of 100% of the price of the plot. Land Pooling LOI is transfer by GMADA in the name of Purchaser after submitting transfer fees of 2% of the circle rate of GMADA IT City Plots.

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IT City Land Pooling Plots in Mohali at Sector 82A

Strategically located very close to International Airport
Aerocity Plots does not fall in the flight path
47% of are allocated for Roads and Green
All internal roads will be 40 feet and 60 feet wide.
Residential plots allocated under Land Pooling Scheme.
Plots are also allotted through draw scheme held in Year 2014 and Year 2016
Spread over 1680 Acres offering Residential, Commercial & Industrial Plots.
Development work is being done by L&T with 5 years maintenance contract.
Integrated township developed by GMADA
Government will bear expenditure on road infrastructure, rolling stock, bus stands etc
Government will bear expenditure on road infrastructure, rolling stock, bus stands etc
Evenly distributed parks and other facilities in the residential clusters
Construction of roads, water supply, electrical and public health works etc is completed

 

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