Gmada IT City Plots for sale

Gmada IT City plots for sale | Resale Options

Rates of Gmada IT city plots for sale are available at reasonable premium. Gmada IT city Scheme 2016 has been subscribed more than 18 times over. The draw and response to the gmada it city plots is positive. 256 square yard (syd) plots are drawing the maximum premium.

  • Gmada IT City Plots for sale 200 sq yard, Landpooling, Price – 67 Lakh
  • Gmada IT City Resale Plots 300 sq yard, Landpooling, Price – 90 Lakh
  • Gmada IT City Mohali Resale 300 sq yard, 325 plot scheme, Price – 89 Lakh
  • Gmada IT City Landpooling Plots for sale 100 sq yard, Price – 38 Lakh
  • Gmada IT City Landpooling Plots for sale 400 sq yard, Price – 110 Lakh
  • Gmada IT City Landpooling Plots for sale 500 sq yard, Price – 130 Lakh
  • Gmada IT City Booth for sale 10 sq yard, Price – 17 Lakh
  • Gmada IT City Booth for sale 20 sq yard, Price – 34 Lakh

 

it city mohali rates

Resale Prices of Gmada IT City Landpooling Plots

IT City Plots Mohali | Quick Links

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gmada it city scheme 2016

Gmada IT City resale plots at Sector 82A Mohali

The much-hyped IT City project of GMADA is offering plots for setting up IT industries, Residential areas and commercial establishments. Gmada IT City project is planned keeping in mind that SAS Nagar has tremendous potential for the IT industry. GMADA is eyeing to attract a number of information technology companies in order to make SAS Nagar an IT hub. Gmada IT city Mohali is close to all the important business destinations in Punjab & next to the Mohali International Airport. Due to proximity to International Airport, IT City offers great scope for commercial activity. Therefore commercial facilities in Gmada IT city will attract top business houses from all across the country.

gmada it city rates

gmada it city investment prospects

Prices of Residential plots are very competitive in Gmada IT city. Rates of Gmada IT city plots for sale are 1/4th as compared to nearby Mohali sectors 66-67, which are mere 2 KM away. Gmada IT City is an ideal location to own a house as apart from the world class amenities which are being provided here, it is a land full of professional opportunities. Already 33 IT companies have been allotted land here and many of these have started the process of developing their sites. Biggest campus of Infosys sprawling over 50 acres is coming over here, where around 20000 people will be employed. Luxury living at its best, Gmada IT city is all set to become the commercial hub of Punjab, due to its strategic location. Gmada IT City plots in Mohali is a kind of investment which you will cherish forever. IT-City Mohali is developing day by day and is a beneficial investment to invest in Mohali.

gmada it city plot for sale

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Gmada IT City Mohali Rates

Allotment Price (Scheme-2014, Phase-1): Rs. 23500-Per Sq Yard.
Allotment Price (Scheme-2016, Phase-2): Rs. 20000-Per Sq Yard.
Preferred Location Charges: 10% of BSP for Corner or Park Facing
5% rebate in allotment price in case of allotment under disabled person category
Cancer Cess 2% of allotment price
15% of BSP for both corner and park facing
Loan is available from all major banks
Plots are available only on Resale with premium
Premium depends upon category, size of plot and Payment Plan
Transfer Charges: 2% of Allotment Price

it city plot scheme 2016

Gmada IT City Plots Scheme 2016

Gmada IT City Mohali Premium

The premium — rate offered be allottees of 750-unit scheme at the IT City in SAS Nagar for resale — ranges between Rs 3,000 and Rs 7,500 per square yard depending upon the size of residential plot in present scenerio. GMADA has allotted these plots at Rs 20,000 per sq yard in three sizes of 256.66 square yards (10 marlas), 300 square yards (12 marla) and 500 square yards (1 kanal) in Year 2016 (Gmada IT City Phase 2). The premium this ranges between 15% and 35% of the rate at which GMADA has allotted these plots. 10 marla plots are drawing the maximum premium, between Rs 7,000 to Rs 7,500. They were also the most in demand with 7,844 people applying for 250 plots. For a 12 marla plot, the premium offered is between Rs 6,500 to Rs 7,000. For a 1 kanal plot, the premium offered is between Rs 3,000 and Rs 3,500 per square yard.

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gmada it city plots

Gmada It City Plots Scheme Response

The draw and response to the gmada it city plots is good for the property market. The returns will get look promising in the IT City with regards to the premium being offered. As many investors are disillusioned by private developers as so GMADA should develop these plots and sell them as people have confidence in a government scheme. This will also lower the disputes. Massive development undertaken by the Authority has added greater value to the intrinsic worth of the project and coupled with very reasonable price, it caught the imagination of the general public. Residential plots in IT City Mohali of Greater Mohali Area Development Authority (GMADA) are getting very positive response. Gmada IT city plots for sale in Scheme 2016 has been subscribed more than 18 times over.

gmada it city plots for sale

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