GMADA (Greater Mohali Area Development Authority) has introduced its latest housing scheme, in accordance with the authority, the proposal is the 2nd biggest housing development under the land-pooling format by the GMADA.
As stated by the GMADA it says that an entire fund is considered to be about Rupees 3,400 crore, which will also comprise construction work in the city which has been determined worth Rupees 1,800 crore.
The GMADA had by currently attains 220 acres in sector 90 & sector 91 & where they have intended to build around 800 housing apartments & there are 2 residential ventures coming up in Sector 66 & Sector 70.
“We have a fresh format to be introduced in Sector 88 & also an allowance of new apartments or plots at Eco City beneath phase II are the 2 main housing ventures planned to be finished soon,” said A K Sinha, chief administrator, GMADA.
The authorities also say that 8 & 10 marla plots would be offered in sector 90 & sector 91 which comes under the 2nd venture under the land-pooling method