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Eco City 2 Extension
New Chandigarh, Mohali, Punjab
GREATER MOHALI AREA DEVELOPMENT AUTHORITY (GMADA) (OTHER THAN INDIVIDUAL)
Description & FAQs
Project Overview
Eco City 2 Extension is a promising residential project located in the vibrant New Chandigarh area of Mohali, Punjab. Developed by the Greater Mohali Area Development Authority (GMADA), this project aims to provide a balanced urban lifestyle with a focus on sustainable living. The project spans over 351 acres and offers a variety of residential plots, catering to diverse needs and preferences.
The project is strategically located, ensuring easy access to major highways and essential amenities such as schools, hospitals, and shopping centers. Residents will benefit from a well-planned infrastructure that includes a comprehensive road network, public health services, and electrical facilities.
Eco City 2 Extension emphasizes modern living while incorporating eco-friendly practices. The project is designed to promote a sustainable lifestyle, with features such as rainwater harvesting systems and energy management solutions. The development is expected to enhance the quality of life for its residents, making it an ideal investment for families looking for a serene yet connected living environment.
The project is currently under construction, with possession expected in the first quarter of 2024. This timeline positions it as a great opportunity for potential buyers looking to secure a plot in a rapidly developing area.
What is Eco City 2 Extension?
Eco City 2 Extension is a residential project located in New Chandigarh, Mohali, offering a variety of residential plots designed for modern living.
What is the size range of the plots available?
The project offers plots with varying sizes, with a total of 48 plots available for sale.
What is the expected possession date?
The expected possession date for Eco City 2 Extension is in Quarter 1 of 2024.
How is the location of Eco City 2 Extension?
The project is strategically located in New Chandigarh, providing easy access to major highways, schools, hospitals, and shopping centers.
What are the nearby amenities?
Residents will have proximity to essential services including educational institutions, healthcare facilities, and retail outlets.
Is Eco City 2 Extension a good investment?
Yes, the project is located in a rapidly developing area, making it a promising investment opportunity for future growth.
Project Details
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Status: Under Construction
Project Scale
- Possession: Quarter 1 2024
- Span: 351.445 Acres
- Towers:
- Units: 48+
- Floors:
- Density:
Location & Builder
- Project: Eco City 2 Extension
- Address: New Chandigarh Kharar, Sahibzada Ajit Singh Nagar (Mohali), Punjab, Punjab
- Sector: Others
- Locality: New Chandigarh
- 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-PR0347
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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:
- Failure to Deliver Possession: One of the most common claims against GMADA involves the delay in delivering possession …
Buyer's Due-Diligence Guide
Serious about Eco City 2 Extension? 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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