Eco City - 1

Kharar, Mohali, Punjab

GREATER MOHALI AREA DEVELOPMENT AUTHORITY (GMADA) (OTHER THAN INDIVIDUAL)

Description & FAQs

Project Overview

Eco City - 1 is a premier commercial project located in the vibrant Sector 5 of New Chandigarh, designed to cater to the growing demands of retail, office space, and food court needs. This project is strategically positioned to provide easy access to major highways and residential areas, ensuring a steady flow of customers. The development features a mix of retail spaces, office spaces, and food court areas, making it an ideal destination for businesses looking to establish themselves in a bustling commercial hub.

The project is designed with modern architecture and state-of-the-art facilities, ensuring a conducive environment for businesses to thrive. The retail spaces are designed to accommodate a variety of businesses, from fashion boutiques to dining establishments, while the office spaces offer spacious layouts suitable for corporate operations. The food court area is designed to provide a vibrant dining experience, with a range of cuisines available.

Eco City - 1 is not just about business; it also focuses on sustainability and community engagement. The project includes features such as rainwater harvesting systems, energy-efficient lighting, and comprehensive fire safety measures, ensuring a safe and eco-friendly environment for all occupants.

Located in close proximity to residential areas, Eco City - 1 is poised to become a hub for both shopping and business, making it a lucrative investment opportunity for those looking to capitalize on the growing commercial landscape of Mohali.

Frequently Asked Questions

Explore common inquiries about this project.

What is Eco City - 1?

Eco City - 1 is a commercial project located in Sector 5, New Chandigarh, offering a mix of retail spaces, office spaces, and food court areas.

What types of businesses can operate in Eco City - 1?

The project is designed to accommodate a variety of businesses, including retail outlets, office spaces, and food establishments.

What infrastructure features are included in the project?

The project includes rainwater harvesting systems, energy-efficient lighting, and comprehensive fire safety measures.

Where is Eco City - 1 located?

Eco City - 1 is located in Sector 5, New Chandigarh, providing easy access to major highways and residential areas.

Is Eco City - 1 a good investment opportunity?

Yes, with its strategic location and modern amenities, Eco City - 1 is poised to become a lucrative investment for businesses and investors.

Project Details

Basic Information

  • Price Range:
  • Property Type: Retail Space-Mall + Office Space- Commercial/Mall + Food Court Space
  • Flat Type:
  • Status: Under Construction

Project Scale

  • Possession: Quarter 4 2023
  • Span: 158.51537 Acres
  • Towers:
  • Units: 84 + 11 + 83
  • Floors:
  • Density:

Location & Builder

  • Project: Eco City - 1
  • Address: Sector 5, New Chandigarh, Majri, Kharar, Mohali, Punjab
  • Sector: Sector 5, New Chandigarh
  • Locality: Kharar
  • City: Mohali, Punjab
  • Builder: GREATER MOHALI AREA DEVELOPMENT AUTHORITY (GMADA) (OTHER THAN INDIVIDUAL)
RERA Authority

Punjab Real Estate Regulatory Authority

RERA Reg. No

PBRERA-SAS80-PC0062

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About GREATER MOHALI AREA DEVELOPMENT AUTHORITY (GMADA) (OTHER THAN INDIVIDUAL)

Introduction

The Greater Mohali Area Development Authority (GMADA) has been a significant player in real estate development in Punjab, India. However, recent data reveals a concerning trend in their legal performance, raising critical questions for potential buyers considering properties developed by this authority. This blog post aims to provide an insightful analysis of GMADA's legal records, examining patterns in cases won and lost, followed by essential tips for prospective buyers.

Case Analysis

Overview of Complaints

GMADA has a total of 147 complaints lodged against it, with 26 cases won and 121 cases lost. This indicates a troubling litigation environment for the authority, where it has struggled significantly in both defense and compliance with customer agreements.

Patterns in Cases Lost

A detailed examination of the cases GMADA lost exposes several recurring themes:

  1. Failure to Deliver Possession: One of the most common claims against GMADA involves the delay in delivering possession …
Read more here »

Buyer's Due-Diligence Guide

Serious about Eco City - 1? Check the Facts First.

Glossy brochures and portal listings show only the shiny surface. My deep-dive report gathers the hard-to-find data scattered across dozens of websites and filings, so you can decide with confidence.

Before you commit your savings, see the full picture.

What My Reports Uncover:

  • Builder Strength: past delivery record, financial health, open court cases.
  • Legal & Title: RERA filings, land title chain, critical NOCs and clearances.
  • Construction Reality: on-site progress versus promised timeline, independent quality checks.
  • Total Cost Clarity: launch-to-date price trend, hidden charges, payment-plan cash flow.
  • Location & Liveability: travel times, upcoming infrastructure, environmental risks.
  • Exit & Rental Liquidity: resale registrations, rental yields, bank project approvals.
  • Buyer Sentiment: real customer complaints, maintenance issues, defect logs.
  • Red Flags: a concise list of any critical concerns I uncover.

See the Insight You Get (Sample Report)

Click here to download a sample analysis for a different project (Manor One, Gurugram) (This demonstrates the type of analysis I provide.)


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