Mohali development body to hold draw for 289 plots at Eco-City II on Feb 22 – ET RealEstate

MOHALI: The Greater Mohali Area Development Authority (Gmada) will hold draw for 289 residential plots at Eco City-II, New Chandigarh, on February 22. To promote its schemes, Gmada gives preference to woman and senior citizens to opt for the scheme.

Sharing the details, an official spokesperson of Gmada said the list of applicants, who will be eligible to take part in the draw, has already been uploaded on the website and the draw of lots will be held on February 22 at the community centre, Purab Premium Apartments, Sector 88, Mohali at 11am.

He said results of the draw will be uploaded on the official website of Gmada on February 23, 2021. Notably, Gmada had offered residential plots of 200 sq yards, 300 sq yards, 400 sq yards, 450 sq yards, 500 sq yards, 1,000 sq yards and 2,000 sq yards plots.

Tapping all sections of society, Gmada has now come up to offer preference to senior citizens and women for allotment of residential plots in its new scheme. It has announced plans to come up with 289 plots at Eco City-II in New Chandigarh.

A senior officer of Gmada said, β€œThe scheme is favorable for those who do not own any flat or housing plots or any such housing property anywhere in his or her name. Preference has been given to senior citizens above the age of 60 years and women applicants. We have ensured that the plots are in close proximity to Medicity, where senior citizens can get immediate medical assistance. The plots will be a few km away from the PGI, which is also another advanced medical facility.”

Gmada has kept reserve price of Rs 1.25 crore each for 40 plots measuring 500 square yards with earnest money of Rs 12.5 lakh, 63 residential plots of 1,000 square yards each for Rs 2.5 crore and with earnest money of Rs 25 lakh, residential plots measuring 2,000 square yards for Rs 5 crore with earnest money of Rs 50 lakh.

It has also offered smaller area plots, measuring 450 square yards, with reserve price of Rs 1.125 crore for five number plots having earnest money of Rs 11.24 lakh, five number plots measuring 400 square yards with reserve price of Rs one crore having earnest money of Rs 10 lakh, 150 plots measuring 300 square yards with reserve price of Rs 75 lakh having earnest money of Rs 7.5 lakh and 20 plots measuring 200 square yards with reserve price of Rs 50 lakh having earnest money of Rs 5 lakh.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *