The statutory planning and development body for SAS Nagar (Mohali), Punjab. Originator of the Aerotropolis township, the LOI instrument, Eco City, IT City, and the New Chandigarh master plan.
The Greater Mohali Area Development Authority (GMADA) is the statutory planning and development body for the SAS Nagar (Mohali) district, constituted under the Punjab Regional and Town Planning and Development Act 1995. GMADA acquires land, prepares master plans, develops infrastructure, and allots residential, commercial, and institutional plots across the Greater Mohali Area.
GMADA's flagship project is the Aerotropolis — a 5,500-acre planned township adjacent to Shaheed Bhagat Singh International Airport (IXC). Divided into nine pockets (A through J), it introduced the Letter of Intent (LOI) as a tradeable allotment instrument that defines the Aerotropolis secondary market.
Beyond Aerotropolis, GMADA has developed Eco City (New Chandigarh), IT City (Sector 66A), and oversees the New Chandigarh / Mullanpur master plan. GMADA allotments carry distinct legal standing from PUDA-licensed private colonies.
| Status | Residential LOI | Commercial LOI | Listings | |
|---|---|---|---|---|
A Phase 1 | Active Market | Rs.50,000-57,000/sqyd | Rs.65,000-70,000/sqyd | 494 listings |
B Phase 1 | Active Market | Rs.40,000-43,000/sqyd | Rs.52,000-56,000/sqyd | 315 listings |
C Phase 1 | Active Market | Rs.38,000-41,000/sqyd | Rs.48,000-52,000/sqyd | 360 listings |
D Phase 1 | Active Market | Rs.37,000-40,000/sqyd | Rs.46,000-50,000/sqyd | 480 listings |
E Phase 2 | Acquisition phase | Not tradeable | Not tradeable | No market |
F Phase 2 | Acquisition phase | Not tradeable | Not tradeable | No market |
G Phase 2 | Pre-acquisition | Not tradeable | Not tradeable | No market |
H Phase 2 | Pre-acquisition | Not tradeable | Not tradeable | No market |
I Phase 2 | Pre-acquisition | Not tradeable | Not tradeable | No market |
J Phase 2 | Pre-acquisition | Not tradeable | Not tradeable | No market |
Rates are indicative secondary market figures. Not GMADA allotment prices. Last updated: 25 Jun 2026.