Gmada Sector 88-89 Plots at Mohali near DAC Complex
Gmada sector 88-89 are the best located sectors of Mohali as these sectors are strategically located in the centre of Mohali. On one side of Gmada sector 88-89 is fully developed JLPL Sector 90-91 residential and commercial pocket and on the other side Sector 87 is the proposed commercial hub (similarly like Sector 17 in Chandigarh) of Mohali. On front of Gmada sector 88-89 is the row of GMADA Sectors 76-80, which are already developing on a very fast pace. In nut shell, this specific area will be key area of Mohali in future. GMADA Sector 88 89 Mohali has only land pooling plots available in 4 – 20 Marla residential plots and 10/20/100 square yard commercial plots. As GMADA has already awarded the development work of Gmada Aerocity, IT City and Ecocity to Multi-National Company L&T, it is believed that GMADA will award the development work of Sector 88-89 also to well-known company. GMADA Sector 88/89 is nearby to Knowledge City Mohali where top level institutes like ISB, IISER are already operational.
Gmada Sector 88/89 Mohali | Project USP
• No Village, No Choe, No High Tension Wire or any other natural disadvantage.
• District Administration & Court Complex (DAC Complex) located across the road, where Mohali Court has already been shifted & operational.
• Gmada Sector 88/89 is prefered Area for Govt Employees as various Government Departments (DC Office, SSP Office etc) shall be shifting in DAC Complex soon.
• Gmada Sector 88-89 is strategically located in the center of Mohali
• Near to fully developed GMADA Sectors 76-80
• Gmada Sector 88/89 is the first Sectors of Mohali that has planned on Chandigarh’s Sector Plan i.e. divided into 4-parts A, B, C & D.
• Highest Green Area reserved for Parks and Green Belts
• Gmada Sector 88/89 plots are available on attractive price as compare to nearby inhabited Sectors of Mohali.
• Sector 97 City Park, (proposed to be equivalent to half sector in size) is also in neighborhood of Gmada Sector 88-89 Mohali.
• Gmada Sector 88-89 is very Near to Quark City and other IT Institutes
• Biggest campus of Infosys sprawling over 50 acres is near to Gmada Sector 88-89
• Gmada Sector 88-89 Mohali is near to upcoming World-class technology university in 50-acres site
Gmada Sector 88-89 Plots | Project Details
Project Name: GMADA Sector 88/89
Developer: GMADA (PUDA), Govt of Punjab
Location: Sector 88 and 89, Mohali
LandMark: Opposite DAC Complex
Total No. of Plots: 2133
Project Area: ~400-Acres
Allotment Type: Land Pooling Plots (LP)
Sector 88/89 Mohali Plots | Project Overview
Gmada Sector 88-89 Plots offers spacious residential plots, so that you can construct your house in Mohali the way you like. The infrastructure of Gmada Sector 88/89 Mohali includes sewerage, electricity supply lines, proper water supply, wide roads as well as rain storm water pipes. Moreover Gmada Sector 88-89 Plots has 40 feet and 60 feet wide access roads for residential pockets which is wide enough for lavish living. Evenly distributed parks and other facilities in the residential clusters will deliver a fresh definition of new age living. Poised to deliver the best of both the commercial and residential worlds, the Greater Mohali area has been planned by “Jurong International”, the leading town planners and architects from Singapore. Gmada Sector 88/89 Mohali project has spread over a land area of 393 Acres (1577219.04 m2) at Latitude 30° 40’ 32.26”North and Longitude 76° 41’ 19.31” East. The total estimated cost of the Project is Rs. 1350/- Crores. Sohana, Lakhnour, Behrampur, Manak Majra villages are around the Gmada Sector 88-89 Mohali project site. The proposed project will comprise of 2133 nos plots of different sizes.
Gmada Sector 88-89 Map | Project Proximity
Mohali International Airport: 10-KM
Mohali Railway Station: 7-KM
Mohali Cricket Stadium: 6-Km
NIPER and Fortis Hospital: 4-KM
GMADA IT Park (Sector 66B, 82A, 83A, 101A): 6-KM
District Administrative Complex: 1-Km
Max Hospital: 7-Km
Fateh Burj at Chappar Chiri: 4-KM
Quark City and other IT Institutes: 4-Km
North Country Mall: 6-Km
World Class University and Infosys: 5-Km
Gmada Sector 88 & 89 Price | Investment Prospects
It is designed as an ultra-modern sector which will become the commercial hub of Punjab because of its premeditated/ strategic location. In addition to this, it is closer to all the business destinations in Punjab area and very close to Chandigarh International Airport in Mohali. It is composed of all the luxury amenities and commercial facilities in its location which will attract top business houses from all around India. All sizes plots are available in these sectors. Gmada Landpooling plots which are available in Sector 88/89 available at much reasonable prices than their neighboring sectors. To make a comparison, Neighbouring sectors like 90-91(Jlpl), Gmada Sector 76-80 costs 40000-50000 per sq yard and these sectors 88-89 just costs 25000-35000 per sq yd according to size of plot and that too sarkari (Govt) plots. So it would be wise decision to invest here whether take it as a short term or long term because possession of plot should be come out at any time and prices will shoot up without any doubt. So this is the appropriate time to grab this opportunity.
Gmada Sector 88 & 89 Plots | Project Features
Sector 88/89 is coming up with 400 acres of mix land use development
Around 2133 residential plots are planned in this sector.
Proposed Commercial Hub Sector-87 of Mohali is adjoining
Surrounding by JLPL developed Residential Sectors 90-91
Adjoining to Court Complex and other important Govt. offices
Gmada Purab Apartments with ready possession of 1200 flats is in Sector 88
Hero Homes Premium Segment apartments are also in Sector 88 Mohali
Near to Upcoming GMADA City Park Sector-97 (equivalent to half sector in size)
Near to fully developed GMADA Sectors 76-80
100/60/40-Ftt wide access roads for residential pockets
Maximum and evenly parks are allotted to these two sectors
Gmada sectors 88/89 have no village habitation in its territory
47% Land are allocated for Roads and Green
Gmada Sector 88/89 Map | Project Site Vicinity
The proposed Township is located at Sector 88-89, S.A.S Nagar, Mohali Punjab. Quark, Dell, Semi-Conductor Complex to name a few is near vicinity of Gmada Sector 88/89. The nearest railway station is S.A.S Nagar railway Station at about 6 km in SSE direction and Kharar Railway Station at is 6.16 km in NW direction. Mohali International Airport is approximate 10 km in SE direction. Gmada Sector 88-89 Mohali is located nearby to all the common visiting places in Tri-city. Gmada Sector 88/89 plots are well connected to old Mohali and Chandigarh with wide roads. Gmada Sector 88-89 plots are well connected to 200-feet aerocity road (PR-7).
Gmada Sector 88/89 Mohali project is in vicinity of Gmada Aero City, Gmada IT City and World Trade Centre. Also various medical and educational institutes such as Fortis Hospital, IISER, ISB are closely located to the site. Gmada Sector 88/89 is near to residential project of major developers like Wave Estate, Emaar MGF, Pearl, TDI, Unitech, Preet City, Ireo, JLPL, Bestech, Yellowstone, Hero Homes etc (Distance ranging between 2-6 kms). Gmada IT City is close to Knowledge city Sector 81-Mohali spread across 350 acres. Institutes that are part of knowledge city:
IISER (Indian Institute of Science Education & Research) in 35 Acres
NABI (National Agri-Food Biotechnology Institute) in 35 Acres
ISB Mohali (Indian School of Business) in 25 Acres
Bio-Technology Park in 80 Acres
Gmada Sector 88/89 Mohali | Plots Dimension
Residential
• 100 gaj Plots – 4 Marla (20’ X 45’)
• 200 gaj Plots – 8 Marla (30’ X 60’)
• 300 gaj Plots – 12 Marla (36’ X 75’)
• 400 gaj Plots – 16 Marla (40’ X 90’)
• 500 gaj Plots – 1 Kanal (50’ X 90’)
Commercial
• SCO Plots – 100 gaj (18*50 feet)
• Small size Booths – 10 gaj (9*10 feet)
• Medium size Booths – 20 gaj (9*20 feet)
Gmada Sector 88/89 Landpooling Scheme
Gmada has acquired land in these sectors from the original owners (Farmers) to develop these strategically located sectors. In lieu of their (Owners) land gmada has offered them compensation in terms of money or land for land in these sectors (Sector 88/89, Mohali). For one acre gmada has offered them 1000 sq yd residential plots and 100 syd commercial showrooms. This is called landpooling scheme. Most of the original owners have opted for this landpooling scheme as they find it more beneficial than to take compensation in terms of money. So now these land pooling plots are available in resale here at much cheaper prices and that too in the heart of the city. GMADA allotted confirmed LOI (Letter of Intent) to the farmers whose land is acquired. Land Pooling LOI is in resale and is transferred by GMADA in the name of Purchaser after submitting transfer fees of 2.5% of the circle rate of the plot to GMADA
About Gmada SAS Nagar Mohali
Being virtually extension of Chandigarh, the state capital, Mohali has naturally come to be the hub of modern urban growth of Punjab. With clean air, canal water and ample sunshine Mohali Region is endowed with all the nature’s gifts for a healthy living. One of the most admired examples of urban planning in the country with easy grid layout of roads, well planned markets and open areas and has a Cricket Stadium that is known world over. With a current population of 3-Lakh and a rapid pace of in-migration, Mohali is fast becoming a shining star of North India. Major development projects in SAS Nagar Mohali include International Airport, Knowledge City in Sector 81 & 83, City Centre in Sector 62, Modern bus terminal-cum-commercial complex in Sector 57, a multi-specialty hospital in Phase VI, district administrative complex in Sector 76, Sports complex in Sector 78, an amusement park in Sector 62, a Golf range and Mohali club in Sector 65, Jayanti Majri-Chhatbir Zoo night safari and many more. The town hosts many companies including PTL (Punjab Tractor Limited), ICI Paints, the Godrej Group, Airtel, Convergys, IDS Infotech, Ranbaxy Laboratories, Philips, SCL, PUNCOM, Fortis Healthcare Ltd have offices here. The region has been targeted by an increasing number of outsourcing IT companies like Infosys, Wipro Limited (100 acres), Satyam, Dell, Quark City (46 acres, Sec-75), to capitalize rich investment opportunities the city offers. One of the landmarks of this area is the India Development Centre, also popularly called the Quark-city. Spread over 46 acres, it is the largest R&D center of the Denver-based company called Quark. The area has been granted SEZ status & it attracts professionals from across Asia.