The Punjab Cabinet led by the Chief Minister Captain Amarinder Singh on Wednesday approved an amendment to the Land Pooling Policy for Residential Sector and its extension to the Industrial Sector in the jurisdiction of the Greater Mohali Area Development Authority (GMADA).
The move comes as GMADA is set to acquire 1,680 acres of land in the first phase for the development of the Aerotropolis estate.
The policy change will also facilitate the development of industrial estate in sectors 101 and 103 in SAS Nagar (Mohali) by easing the process of land acquisition for the timely execution of development projects.
Source: Economic Times
Related posts:
One Group Bets Big on Mohali with ₹1200 Cr Real Estate Investment! With plans for low-rise floors, plots, and group housing, the developer is set to transform prime sectors of Mohali. Land acquisition is complete, and project launches are expected...
Zirakpur Bypass Six Lane Project Cleared at Rs 1878 Cr: Check Points! This major infrastructure development aims to decongest Zirakpur and Panchkula by rerouting traffic from NH-7 and NH-5. Spanning 19.2 km, the bypass will improve connectivity to Himachal and...
One Group Bets Big on Mohali with ₹1200 Cr Real Estate Investment!
Zirakpur Bypass Six Lane Project Cleared at Rs 1878 Cr: Check Points!
Commercial Property in Mohali Sells for ₹83 Crore!
Real Estate Update: Sales & Supply Dip in 2024’s Major Cities!
Singhpura Flyover Opens, Chaos Erupts on Day One of Traffic Flow!
Add Property