Greater Mohali Area Development Authority
Since the rapid sale of around 19 industrial plots out of the 80 sites one will find at the Mohali IT Park, the hopes of establishing an IT city by the Greater Mohali Area Development Authority does not seem that positive. If we go through the current scheme, we will see around 80 plots offered [...] Continue Reading »
Reprimanding GMADA (Greater Mohali Area Development Authority) for its inability to compensate the farmers, a local court directed today the authority to public sale its building and merchandise. GMADA had recently acquired land in Sector 81 for Knowledge City. The court of Additional District and sessions Judge, Manjot Kumar ordered the attachment of two GMADA [...] Continue Reading »
The Greater Mohali Area Development Authority (GMADA) will hold the draw of lots for residential and commercial plots on February 20, upon completion of work in Aerocity. As told by the GMADA chief administrator, Mr. A.K. Sinha, a total of Rs. 280 Crores are believed to have been spent on the works and maintenance of [...] Continue Reading »
Chandigarh: Alpha G:Corp, a partner of Morgan Stanley and a leading real estate developer being funded by FDI, is planning to join hands with the Chennai-based Rattha Group to develop a Rs 1,000-crore integrated residential township in Chandigarh. The township will be located just 2.5 km from the Chandigarh border and is among the closest [...] Continue Reading »
The High Court of Punjab and Haryana has dismissed a petition to not to name Mullanpur as New Chandinagar. The bench in its observation said orally that there is no harm in the name citing and also there are similar cases in rest of a India like Mumbai named as Navi Mumbai. However the statement [...] Continue Reading »
