₹1,014 Crore Under Dispute: GMADA's Recovery Drive Opens New Questions for Mohali Real Estate **शीर्षक:** ₹1,014 करोड़ विवाद के घेरे में: GMADA की वसूली मुहिम ने **Mohali** रियल एस्टेट के लिए नए सवाल खड़े कर दिए ₹1,014 ਕਰੋੜ ਵਿਵਾਦ ਅਧੀਨ: GMADA ਦੀ ਰਿਕਵਰੀ ਮੁਹਿੰਮ ਨੇ ਮੁਹਾਲੀ ਰੀਅਲ ਅਸਟੇਟ ਲਈ ਨਵੇਂ ਸਵਾਲ ਖੋਲ੍ਹ ਦਿੱਤੇ

The Number That Tells the Story

The GMADA dues default register, compiled as of May 31, 2026, puts a number on something the market has known for years: nearly 30 promoters collectively owe over Rs 1,000 crore in unpaid government dues. Most of the defaulting projects were approved by the Greater Mohali Area Development Authority.

The figure covers external development charges, licence fees, and social infrastructure fees — the statutory payments that developers commit to when they receive CLU approvals or project licences from GMADA. The money is owed. The infrastructure those dues were meant to fund in many cases has not been built. And the government is now moving to stop further approvals to these projects while the ED runs a parallel probe into how the underlying CLU permissions were obtained in the first place.

Who Owes What

Official documents accessed by The Tribune revealed that the defaulters include Chandigarh Royale City Promoters Pvt Ltd and Indian Cooperative House Building Society (Suntec City), whose projects are under the ED scanner.

The breakdown splits into two categories. For projects approved under the Punjab Apartment and Property Regulation Act, 1995: at least 13 builders owe over Rs 300 crore. These include Chandigarh Royale City Promoters Pvt Ltd (Rs 47 crore), Bajwa Developers (Rs 150 crore) and Shiwalik Site Planners (Rs 36 crore).

For the larger category of mega projects: at least seven promoters owe the government over Rs 700 crore. These include Bajwa Developers (Rs 377 crore), Janta Land Promoters (Rs 152 crore) and Sukhman Infrastructure (Rs 69 crore).

Bajwa Developers owes over Rs 500 crore alone across both categories, making it the single largest defaulter in the exercise.

The Complication No One Expected

Mohali AAP MLA and one of the Janta Land promoters, Kulwant Singh, said there was a Supreme Court stay in the case. "I have served a notice on GMADA officials for showing me as a defaulter despite the court stay," he said.

Kulwant Singh's son became Mayor of Mohali's Municipal Corporation on June 9. The MLA being listed among the names in a GMADA dues default register — even with a court stay attached to the case — complicates the political and civic picture that the new administration is trying to project.

It also illustrates the broader industry point. The chairman of the Confederation of Real Estate Developers Associations of India, Jagjit Singh Majha, said a number of builders had deposited the pending dues but these were yet to reflect in the official record as it was being updated. "The proceedings under the Negotiable Instruments Act initiated against the builders whose post-dated cheques were dishonoured have not been dropped despite the default amount being cleared," he said.

The aggregate Rs 1,000 crore number, in other words, is contested from two directions: some entries should not be there because of court orders, and some amounts have been paid but not yet recorded.

The ED Connection

On May 30, the ED arrested Praveen Kansal and Neeraj Kansal, promoters of the Royale group, and builder Ajay Sehgal in a money laundering case linked to the alleged submission of fake consent letters for fraudulently obtaining the CLU for Indian Cooperative House Building Society, in two separate cases.

Both sets of arrested promoters are in the same list of GMADA dues defaulters. That is the convergence that changes the nature of this disclosure. The dues default database is not just a revenue-collection exercise. It is now, inadvertently, a cross-reference document for an active ED investigation.

The investigation comes against the backdrop of long-standing disputes between promoters and GMADA over external development charges and payments. What the ED is examining is whether the pattern of dues default is incidental — cash flow problems in a difficult market — or whether it reflects deliberate diversion of funds collected from buyers away from the statutory payments owed to the authority.

GMADA's Response

The government has moved on the administrative lever available to it. "Instructions have been issued to stop further approvals to the projects under the Punjab Apartment and Property Regulation Act, 1995," said a senior government functionary in the Housing and Urban Development Department.

That directive hits defaulters where it hurts. Approvals under PAPR are what developers need to proceed with each phase of a project — layout changes, additional towers, completion certificates. Blocking those approvals is an enforcement mechanism that does not require a court order. It also creates immediate practical problems for buyers in projects where possession timelines are already delayed.

Another promoter, on condition of anonymity, accused GMADA of double standards. "Those who have deposited a major part of their dues are still waiting for the infrastructure to be developed by GMADA, while those who have large pending dues have been provided with roads and infrastructure," he said.

The underlying dynamic is real regardless of who is making the complaint. GMADA has issued CLUs, collected land-conversion fees, taken early development charges, and in some areas simply not delivered the external infrastructure those fees were meant to fund.

What Buyers in Affected Projects Should Do

This list is public. The names of the defaulting projects are in official GMADA documents. If you have purchased or are considering purchasing a unit in any project in the Mohali corridor, three checks apply:

First: verify whether the project's developer appears in the GMADA dues default list. If it does, confirm whether a court stay applies and what the current status of dues payment is. Get this from the developer in writing.

Second: check RERA Punjab for the project's registration and whether the promoter has filed updated financial disclosures. Outstanding government dues of this scale should be disclosed under RERA's financial transparency requirements.

Third: for buyers already in or approaching possession in Bajwa Developers projects specifically — the Rs 500 crore figure is large enough that it may affect completion certificate timelines. GMADA completion certificates typically require a no-dues clearance. That clearance does not exist currently.

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Sources
- The Tribune — GMADA flags realtors' Rs 1K crore dues as ED probes CLU gaps, June 15, 2026 (Rajmeet Singh / Tribune News Service)
- The Tribune — ED seeks Chandigarh Royale City project records from GMADA, June 7, 2026
- The Tribune — GMADA land scam: Mohali real estate group promoters sent to 5-day police remand, May 31, 2026