In a serious setback to personal builders, Punjab’s Further Chief Secretary, Housing and City Growth, Sarvjit Singh has ordered that the medical areas in Eco Metropolis-3 and Mullanpur.
In July 2020, the Higher Mohali Space Growth Authority (GMADA) accredited the acquisition of 322 acres for its City Property Eco Metropolis-3 venture and 192 acres for a low-density residential pocket north of Medicity on account of lack of funds and poor response. was cancelled. Its land pooling scheme.
After this some personal builders had purchased about 150 acres of land.
“Two builders had purchased a complete of 100 acres in Eco Metropolis-3 and 50 acres in Medicity. Much more builders had been keen to amass land within the space, however the authorities have now stopped issuing CLUs or licenses to builders,” stated a senior GMADA official on situation of anonymity.
The Further Chief Secretary in his order stated that the method of land assortment by personal builders has gained momentum after GMADA deferred growth in each the areas. “Since these areas have been reserved for growth by GMADA, no CLU or license needs to be issued to any personal builder to develop the realm, until a acutely aware resolution is taken by the federal government or GMADA Whether or not these areas are to be opened for personal growth or not might be developed by GMADA itself,” the order stated.
Earlier than the Eco Metropolis-3 venture got here to a halt, GMADA had proposed residential, industrial and institutional properties after buying 322 acres of land in six villages – Rajgarh, Takipur, Kartarpur, Kansala and Hoshiarpur.
In November 2019, GMADA accredited the acquisition charges between 1.8 crore extra 2.4 crores per acre, relying on the village. However solely 118 landlords out of 450 opted for land pooling.
The venture, introduced in 2016, was initially delayed as farmers didn’t present any curiosity. Later, a brand new notification was launched in December 2019.
GMADA’s different townships are Aerotropolis (an extension of Aerocity close to Chandigarh Worldwide Airport), Data Metropolis and IT Metropolis, which can also be near the airport, and Eco Metropolis-1 and a couple of, Educity and Medicity, all in Mullapur.