GMADA awards ₹195 crore grid road contract for Pockets B, C and D GMADA ने Pockets B, C और D के लिए ₹195 करोड़ का ग्रिड रोड कॉन्ट्रैक्ट किया अवार्ड ## GMADA ਨੇ Pockets B, C ਅਤੇ D ਲਈ ₹195 ਕਰੋੜ ਦਾ grid road contract ਕੀਤਾ award GMADA ਨੇ Pockets B, C ਅਤੇ D ਲਈ ₹195 ਕਰੋੜ ਦਾ grid road contract award ਕੀਤਾ ਹੈ। ਇਹ project IT City ਅਤੇ Aerotropolis ਦੇ development ਨੂੰ accelerate ਕਰੇਗਾ। Contract ਦੇ ਤਹਿਤ, roads, sewerage, drainage, water supply, street lights, landscaping ਅਤੇ other infrastructure works ਸ਼ਾਮਲ ਹਨ। ਇਹ project GMADA ਦੇ master plan ਦਾ ਹਿੱਸਾ ਹੈ, ਜਿਸ ਨਾਲ residential ਅਤੇ commercial properties ਦੀ value ਵਧੇਗੀ। NRI buyers ਅਤੇ local investors ਲਈ ਇਹ ਇੱਕ positive sign ਹੈ, ਕਿਉਂਕਿ infrastructure development ਦੇ ਨਾਲ property rates 'ਚ appreciation expected ਹੈ। GMADA ਨੇ LOI (Letter of Intent) ਜਾਰੀ ਕਰ ਦਿੱਤਾ ਹੈ, ਅਤੇ contractor ਨੂੰ 18 ਮਹੀਨਿਆਂ 'ਚ project complete ਕਰਨਾ ਹੋਵੇਗਾ। Grid road network ਨਾਲ connectivity improve ਹੋਵੇਗੀ, ਜਿਸ ਨਾਲ RERA registered projects ਦੀ demand ਵਧੇਗੀ। SCO (Shop Cum Office) units ਅਤੇ other commercial spaces ਦੀ value 'ਚ ਵੀ increase ਹੋਣ ਦੀ expected ਹੈ।

Contract Details

The Greater Mohali Area Development Authority has awarded a ₹195 crore infrastructure development contract to M/s SBEIPL-HRG (JV) for the construction of grid roads, sewerage pipelines, drainage systems, tertiary water supply networks, and underground power cable installations across Aerotropolis Pockets B, C, and D.

The contract marks a critical milestone for the 5,500-acre township project near Shaheed Bhagat Singh International Airport, Mohali. Phase 1 of the Aerotropolis covers 1,650 acres and includes Pockets A through D.

Scope of Work

The awarded contract covers:

- Grid road construction across Pocket B (206 acres), C (242 acres) and D (493 acres)
- Sewerage and drainage pipelines
- Tertiary water supply network
- Underground 11kV power cable network

Timeline

The completion target set by GMADA is April 2026. As of early 2026, grid roads across these three pockets are reported to be approximately 40 percent complete.

Investment Implications

The physical commencement of infrastructure work is a significant positive signal for LOI holders in Pockets B, C and D. Construction activity on the ground validates the project timeline and supports the secondary market pricing of LOIs.

Pocket B LOIs, currently trading at ₹40,000–43,000 per sq yard, have seen consistent appreciation since the contract award was confirmed. The dispute-free status of Pockets B, C and D — in contrast to the court case affecting part of Pocket A — makes this infrastructure milestone especially significant for investors in these pockets.