- Property ID: 2963
- Post Updated: 2020-12-06 07:24:46
- Type: New Chandigarh
- Location: New Chandigarh
GMADA’s IT City is a dashing new project offering plots for IT industries, Residential areas, and commercial establishments. Gmada IT City is located in 66B, 82A 83A & 101A sectors, right on the 200 feet wide International Airport Road. 400 acres of the project will be used for industries, another 1100 acres for residential purposes and remaining 188 acres for commercial establishments including commercial plots, SCOs and booths.
Larsen & Toubro is doing the development of the project. They have a 5-year maintenance contract as well. Basic utilities like sewage, water drainage, water supply, electrical lines have already been installed. Parks and recreational space has been given much importance in the overall plan. They are evenly distributed throughout the project.
GMADA has given 80% of plot IT City Mohali to the landowners under land pooling. Remaining plots are offered by GMADA to public through draw. Letter of Intent (LOI) has been issued to the farmers by GMADA whose land has been acquired. It is just 1.5 KM far away from International Airport Chandigarh and nearby to all the common visiting places in Tri-city.
Gmada IT City Salient Features:
- NRIs can legally invest in residential plots
- Loans available on Landpooling plots from all national banks. For Alloted plots loans can be gotten on collateral property
- Secure Project by a government agency, GMADA.
- Internal roads are 40 feet and 60 feet wide
- 47% of the land allocated for Roads and Green
- Adjoining already developing the Aerocity project. Shared infrastructure with Aerocity and connected to Aerocity road
- 5 sites of 5 acres each already allocated for 5 Star Hotels
- Great scope for commercial activity due to being on International Airport Road and proximity to International Airport
- Great potential for medium-term investment
Gmada IT City Proximity:
- Mohali International Airport: 1.5 KM
- JLPL Industrial Plots, sector 82, 83: Adjoining
- Gmada Aerocity (rapidly developing): Adjoining
- Railway Station, Mohali: 1 KM
- Railway Station, Chandigarh: 10 KM
- Administrative cum Judicial Complex, Mohali: 8 KM
- Sector 62(City Centre), Mohali: 6 KM
- ISBT, Mohali: 12 KM
- ISBT, Sector 43, Chandigarh: 9 KM
- Quark City and other IT Institutes: 6 KM
- Mohali Cricket Stadium: 6 KM
- NIPER and Fortis Hospital: 5 KM
- Infosys Campus is set to be located nearby
- Upcoming World Trade Center will also be sector 82.
IT City Mohali is composed of residential plots, institutional plots, commercial plots, commercial booths SCO plots as well as industrial plots.
- 100 gaj Plots – 4 Marla
- 150 gaj Plots – 6 Marla
- 200 gaj Plots – 8 Marla
- 300 gaj Plots – 12 Marla
- 400 gaj Plots – 16 Marla
- 500 gaj Plots – 1 Kanal
- Showrooms or SCO Plots – 15*60 feet – 100 gaj
- Booths – 8*11 feet – 10 gaj
- Booths – 12*15 feet – 20 gaj