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IT City: GMADA offering 753 plots @ 25K per sq yd

IT City: GMADA offering 753 plots @ 25K per sq yd

At Rs 25,000 per sq yard, as many as 753 residential freehold plots, with sizes ranging between 100 and 500 sq yard, at IT City in Mohali will be offered for allotment through a draw of lots by the Greater Mohali Area Development Authority (GMADA) from Saturday onwards.This is the first housing scheme being launched in the state after the formation of the Capt Amarinder Singh government in March last. It is almost after two years that any housing scheme is being launched in Mohali.The maximum of 200 plots on offer are of 100 sq yard each while 162 plots measure 500 sq yard each. There are 100 plots each of 150 sq yard and 200 sq yard, 129 of 250.84 sq yard and 62 measuring 334.44 sq yard each.

Announcing this here on Friday, Additional Chief Secretary (ACS), Housing and Urban Development-cum-Financial Commissioner Revenue (FCR) Vini Mahajan disclosed that the scheme would remain open till May 16.Sharing details of the IT City scheme, GMADA Chief Administrator Ravi Bhagat said barring persons settled abroad, the scheme was open to all general category residents of the country, who would attain the age of 18 years on the last date of submission of applications. The benefit under various reserved categories would be extended to those residents of the state who themselves or their spouse do not possess any plot/house anywhere in the country, he added.

Social security

In what could be seen as a step in the direction of providing social security to the senior citizens and women empowerment, the Department of Housing and Urban Development, on the directions of Chief Minister Capt Amarinder Singh, for the first time, would be giving preference in allotment to senior citizens (attaining the age of 60 years on the date of submission of application) immediately followed by women applicants. The applicants interested in availing the preferential benefit should not possess any plot/house anywhere in the country. Only after the list of these applicants is exhausted, others would be considered for allotment of plots.

Restriction on sale

In order to check the misuse of reservation and preferential policy, the applicants successful under the preferential (senior citizen and women) or reserved categories would not be permitted to transfer/sell the plot for a minimum five years from the date of issuance of Letter of Intent.

Bank partners

For public convenience, various banks have been associated in the scheme. The brochure of the scheme containing the application form and other details is available for Rs 100 from the single window service counter at the PUDA Bhawan in Mohali or at branches of various associated banks. Applications complete in all respects could be deposited in the designated banks on or before May 16. Applicants also have the option of submitting online applications by visiting the website gmada.gov.in

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