GMADA is raising ₹15,000 crore and paying a Gujarat merchant banker ₹191.16 crore to arrange it, on top of existing borrowings of ₹7,653.23 crore at 7.14 percent. The money buys 5,000 to 6,000 acres for Aerotropolis, Eco City 3 and Sectors 87, 101 and 103, wit… GMADA is raising ₹15,000 crore and paying a Gujarat merchant banker ₹191.16 crore to arrange it, on top of existing borrowings of ₹7,653.23 crore at 7.14 percent. The money buys 5,000 to 6,000 acres for Aerotropolis, Eco City 3 and Sectors 87, 101 and 103, wit… GMADA is raising ₹15,000 crore and paying a Gujarat merchant banker ₹191.16 crore to arrange it, on top of existing borrowings of ₹7,653.23 crore at 7.14 percent. The money buys 5,000 to 6,000 acres for Aerotropolis, Eco City 3 and Sectors 87, 101 and 103, wit…
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LOI The LOI is the instrument that lets the Aerotropolis trade while the township is still being built out. The tracker carries quoted residential and commercial bands for each active pocket, drawn from the dealer network and revised as the board moves.
The Aerotropolis is not the only planned build in the region. North west of the city, GMADA's New Chandigarh is running its own development cycle on a different clock, with a different buyer.
New Chandigarh sits at Mullanpur on the Chandigarh to Baddi road, planned by GMADA under a master plan approved in December 2015. Where the Aerotropolis is organised around an airport and trades on the LOI, New Chandigarh is a more conventional township: GMADA's own Eco City plotted schemes alongside licensed private colonies, with registry-backed titles rather than tradeable allotment instruments.
The practical difference for a buyer is the instrument and the timeline. Eco City plots come through GMADA draws and land pooling; the private colonies sell built floors, plots and apartments on standard sale deeds. Institutional anchors have arrived ahead of the residential build-out, the Homi Bhabha Cancer Hospital and Research Centre among them, and the corridor picked up road capacity when the IT City to Kurali expressway opened in December 2025.
Land pooling for the later Eco City phases remains the live policy thread here, and it is worth tracking against the third revision of Punjab's Land Pooling Policy notified in July 2026. Our GMADA notice feed carries pooling and acquisition documents for this side of the corridor as they are published.
Possession, under construction and upcoming. Each carries configurations, live units on the board, drive times, neighbourhood amenities, air quality and the GMADA notices that touch it.
Browse projects →GMADA and PUDA alongside the private developers active in Mohali, New Chandigarh and Zirakpur. Sectors each one operates in, project counts and current listing activity.
Browse developers →Three hours to Delhi NCR by expressway. Two and a half to Shimla. Ninety minutes to Amritsar. Mohali sits inside a uniquely advantaged envelope few Indian cities can match for plane, road and weekend access simultaneously.
Distance intelligence →Punjab's 2026 Industrial and Business Development Policy introduces capital subsidy for the first time, twenty-four sector-specific schemes and fifteen-year incentive windows. For mid-cap investors who defaulted to Gujarat or Telangana, the comparison changes.
Policy breakdown →Warehousing under the Aerotropolis catchment. Hospitality on the airport approach. Pharma manufacturing leveraging NIPER. Food processing under the Punjab export push. IT in the Sector 66B cluster. Tertiary healthcare on PGIMER's gravity.
Sector deep-dives →Mohali is the densest concentration of central-government-funded research and management institutions north of Hyderabad. ISB, IISER, NIPER, PGIMER, CSIR-CSIO, Panjab University, PEC and the historic Indo-Swiss Training Centre, all within an eighteen-kilometre radius.
The talent map →Airport terminal expansion. The proposed metro corridor. Mohali to Ropar expressway. New Chandigarh extension. Ring road completion. IT City scale-up. Each project's timeline materially affects entry pricing for the corridor's land assets.
Pipeline tracker →How the LOI as an instrument compares to Toronto, Dubai or London real estate. What FEMA, NRE and NRO compliance look like in practice. The eight-step journey from registry to possession, written for the investor abroad.
NRI guide →Mohali's identity as an aerotropolis is anchored on Shaheed Bhagat Singh International Airport, a fast-expanding international gateway with a widening route map across the Gulf and Southeast Asia. International cargo capacity, hospitality demand, business travel access: the airport is the structural variable that gives Mohali's land economics a forward bias the rest of the corridor's data only confirms.
Live flights, routes, expansion timeline →GMADA's Mohali Aerotropolis is a rare kind of Indian real estate asset: a planned, government-owned greenfield township the size of a small city, built around an existing international airport rather than promised to one. The first phase is laid out as four active pockets. Pocket A carries the embassy and premium clusters and the largest park footprint. Pocket B is the small-format pocket, dispute-clean and rapidly developing. Pocket C carries the central business district allotments and a group housing zone. Pocket D is the largest entry-level pocket, with the highest plot count and the broadest range of plot sizes.
The instrument that makes this market function is the LOI, a Letter of Intent issued by GMADA that confers the right to construct on a designated plot, tradeable through registered assignment without the freehold complications that typically slow Indian land markets. The LOI is what allows the corridor to function as a real estate market while the underlying township is still being built out.
Pockets E onwards are in active land acquisition, multiple villages notified under various sections, hearings ongoing. The acquisition pipeline is one of the most important medium-term signals in the corridor's trajectory, and the GMADA notices feed above carries it as it happens.
Read the full primer →FEMA basics, repatriation, document checklist, timezone-aware site inspection, the eight-step buying journey written for someone abroad.
NRI corner →Connectivity, policy, sectors, knowledge, infrastructure. Six pages building the long-form argument for Mohali as a national investment destination.
Investment hub →LOI mechanics, due diligence walk-through, the difference between GMADA and PUDA, registry vs market values, what brokers do and don't disclose.
Buyer guide →The Aerotropolis is a planned greenfield township being developed by GMADA (Greater Mohali Area Development Authority) around Shaheed Bhagat Singh International Airport. The first phase is laid out as four pockets, A, B, C and D, covering mixed residential, commercial and institutional land. The wider master plan extends through Pockets E onwards, currently in land acquisition.
An LOI (Letter of Intent) is a tradeable instrument issued by GMADA that confers the right to construct on a designated plot inside the Aerotropolis. It functions like a transferable allotment, buyable and sellable through registered assignment without waiting for full freehold conversion. The LOI is what allows the corridor to function as a real estate market while the underlying township is still being built.
Pocket A is the premium pocket, with embassy clusters, the largest park footprint and the corridor's highest residential rate band. Pocket B is the small-format pocket, dispute-clean and rapidly developing. Pocket C carries the central business district allotments and a group housing zone. Pocket D is the largest entry-level pocket by plot count and the broadest in size variety. Pockets E through J are in earlier-phase acquisition.
In Punjab, sub-registrar collector rates are administrative floors used for stamp duty calculation, not market prices. Actual transaction values typically run materially higher. This gap is normal and expected in Punjab, and explains why registry data alone is not a reliable proxy for market valuation.
Yes. NRIs and OCIs can hold LOIs and built property in the Mohali Aerotropolis under standard FEMA and RBI norms, the same framework that governs any non-agricultural property holding by an NRI in India. Repatriation, NRE/NRO routing, Power of Attorney for remote transactions and registry execution all follow established processes. Detailed guidance is on the NRI investor page.
GMADA (Greater Mohali) and PUDA (Punjab Urban Development) are separate development authorities with different jurisdictions, allotment processes and instrument types. Mohali falls under GMADA; PUDA covers other Punjab urban areas. The instruments, transfer rules and approval timelines differ, a difference that materially affects due diligence.
The aerotropolis model is built on the idea that international airports anchor productive land economies. Mohali is one of the few Indian implementations where the airport already exists and is actively expanding, rather than being promised. Airport route additions, terminal capacity and international connectivity directly feed into demand for nearby industrial, hospitality and residential land.
This site is a property intelligence publisher, not a brokerage. We do not take commission on transactions. Revenue comes from a combination of editorial display advertising, paid featured-listing tiers for dealers (clearly labelled), and content services. The site is not RERA-registered and does not solicit investments.
This portal, often called ma.com in local circles, tracks the Mohali airport corridor, North India's most consequential greenfield real estate story that the rest of the country hasn't fully priced yet. Mohali sits at the convergence of a fast-expanding international airport, a planned aerotropolis built around it, the densest cluster of research and management institutions north of Hyderabad, two-and-a-half-hour access to the Himachal hills, three hours from Delhi by expressway, and a 2026 Punjab industrial policy explicitly courting national and NRI capital. We cover what moves here as intelligence, not brokerage.
Mohali Aerotropolis is a property intelligence publisher operated by Fidus Synergies LLP, Sector 117, Airport Road, Mohali. We publish editorial coverage of the GMADA airport corridor: articles, GMADA notices, location intelligence, project encyclopedia and dealer-submitted listings. Our listing inventory aggregates publicly shared dealer broadcasts and is cross-referenced against GMADA's primary-source notices where possible. We provide tools and information; we do not provide investment advice and do not broker transactions.
This platform is not RERA-registered. Nothing on this site is a solicitation or recommendation to buy, sell or trade real estate or any other instrument. Information published here is editorial and reference content drawn from public records, primary source documents, dealer reports and reader contributions. Readers are responsible for their own due diligence. Errors and corrections welcomed at contact.
