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SAS Nagar · Punjab · India
Why your Mohali registry value sits 30 to 50 percent below transaction price: collector rates and the capital gains trap on resale Air India's Chandigarh Expansion in 2026: What the Tata Group's Network Strategy Means for IXC's International Connectivity RERA Punjab's Enforcement Actions in Q1 2026: Which Developers Were Penalised and What Buyers in Affected Projects Should Do The Rupee's Performance in May 2026: What Currency Movement Since January Has Done to NRI Buying Power in Aerotropolis What to Do in the First 30 Days After Taking Possession of an Aerotropolis Plot — The Actions That Cannot Wait The Difference Between a GMADA Plot and a PUDA Plot — Two Authority Products, Two Different Buyer Protections

Punjab Real Estate Glossary

Essential terms for Mohali Aerotropolis and Punjab property market. Written for investors, NRIs, and first-time buyers.

LOI BAYANA BOOKED 25% INTKAL REGISTRY NDC CLU LAAL SCO EDC FACING

NDC — No Dues Certificate

Certificate from authority confirming no pending dues on the property
An NDC (No Dues Certificate) is issued by GMADA or the relevant authority confirming that all dues — maintenance charges, development charges, water/sewer connection charges — have been paid and there are no outstanding amounts. NDC is required before applying for possession, registry, or LOI transfer. "NDC in hand" is a positive signal in a listing.
See also: Loi Gmada
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