To satisfy the rising reasonably priced housing demand of Chandigarh and Mohali, the Punjab Authorities has authorised the coverage of establishing a 50-acre township at New Chandigarh (Mullanpur).

Presiding over the forty second assembly of the Punjab Regional and City Planning and Growth Board in August, Chief Minister Captain Amarinder Singh had given the inexperienced sign to the coverage, which has now been finalized by the Board.

“The coverage was placed on maintain due to the proposal for a 100-acre township. Their measurement has been lowered to 50 acres and a notification can be adopted inside every week,” mentioned Sarvjit Singh, principal secretary, housing and concrete growth, Punjab.

He mentioned that the modification would assist in guaranteeing correct utilization of vacant land pockets to offer extra housing infrastructure in New Chandigarh.

Land builders applaud the choice

“The coverage displays the event oriented imaginative and prescient of the federal government. Approving a 50-acre township will allow high quality builders to enter the world and allow a wholesome realty market. The 200-foot PR 7 highway by Mohali will assist join New Chandigarh to Mohali’s current infrastructure together with the airport,” mentioned Homeland Group founder Umang Jindal.

Then again, MS Aujla, former director, city planning, native authorities, Punjab, mentioned that when the 100-acre township was proposed, the thought was to incorporate important well being, training and different social infrastructure. “Lowering the scale to 50 acres might compromise the supply of accessible services. Now, with the modified coverage, the authorities ought to make sure that essential peripheral highway infrastructure is offered,” he mentioned.

New Chandigarh is positioned alongside the Chandigarh-Baddi highway near the center highway in Chandigarh. In accordance with the grasp plan, the inhabitants of Mullanpur is anticipated to extend to 2,00,000 by 2031 and three,50,000 by 2056, with a gross residential density of 100 folks per acre.

Seizing the alternatives rising because of the rising demand for residential realty, main builders have invested crores of rupees in Mullanpur alone in a brief span of time.

The Higher Mohali Space Growth Authority (GMADA) can also be setting up a 200-foot extension of the PR7 highway, generally referred to as the Airport Highway, which begins from the Sector 120/125 divided highway in Sunny Enclave and Connects to PR4 highway. New Chandigarh. Anticipated to be prepared by the tip of the 12 months, the highway extension will cut back the journey time between Mohali and New Chandigarh by 15-20 minutes.

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