The Greater Mohali Area Development Authority (GMADA) is coming up with a scheme to allot 550 Purab Premium Apartments in Sector 88. GMADA chief administrator Rajiv Kumar Gupta stated that around a month’s time had been given for submitting applications. The scheme would start on June 30 and close on July 31. The authority was offering a total of 550 apartments, including 130 type-I units priced at Rs...
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The Greater Mohali Area Development Authority (GMADA) is set to acquire land for Urban Estate Eco City 3 in New Chandigarh. The authority is set to acquire 720 acres for the project and is awaiting the CM’s nod. In 2014, GMADA officials conducted a Social Impact Survey, and they found that most farmers were interested in selling their land to the development authority. Eco City 3 New Chandigarh Land...
Anand Divine Developers Pvt Ltd, which is building ATS Triumph project in Gurgaon, allegedly failed to pay dues amounting to over Rs 25 crore The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Ananda Divine Developers, a step-down company of NCR-based realty firm ATS Infrastructure. According to the media reports, insolvency proceedings have been initiated after the...
The Mohali revenue department has stopped land registries for new constructions at Sunny Enclave in Kharar for violating pollution norms. Promoted by Bajwa Developers Private Limited, the project has been developed in two parts in Sectors 123 and 125 that have around 3,500 houses and 1,000 commercial units each. The revenue department action came after the Punjab Pollution Control Board found that the...