It City

Sector 83, 82, 101, Mohali, Punjab

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

Description & FAQs

Project Overview

IT City is a sprawling residential project located in the prime areas 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 modern infrastructure and sustainability. The project spans over 169.56 acres and offers a variety of residential plots ranging from 100 to 400 square yards, catering to diverse needs and preferences.

The project is strategically located, ensuring easy access to major highways, educational institutions, healthcare facilities, and shopping centers. Residents will benefit from a well-planned community with ample green spaces, parks, and recreational areas, promoting a healthy and active lifestyle.

IT City emphasizes eco-friendly living with features such as rainwater harvesting systems and energy-efficient designs. The project is designed to foster a sense of community while providing the convenience of urban living, making it an ideal investment for families and individuals looking for a home in Mohali.

The project is currently under construction, with possession expected in the fourth quarter of 2023. This timeline allows potential buyers to plan their future in a vibrant and developing area of Punjab.

Frequently Asked Questions

Explore common inquiries about this project.

What is IT City?

IT City is a residential project located in Mohali, Punjab, developed by GMADA, offering a variety of residential plots in a well-planned community.

What is the size range of plots available?

The project offers plots ranging from 100 to 400 square yards.

Where is IT City located?

IT City is located in prime areas of Mohali, with easy access to major highways and essential amenities.

What are the nearby facilities?

The project is close to educational institutions, healthcare facilities, and shopping centers.

Is IT City a good investment?

Yes, IT City is a promising investment opportunity in a rapidly developing area of Punjab, with a focus on modern living and sustainability.

Project Details

Basic Information

  • Price Range:
  • Property Type: Residential Plot
  • Flat Type:
  • Status: Under Construction

Project Scale

  • Possession: Quarter 4 2023
  • Span: 169.56 Acres
  • Towers:
  • Units: 1000+
  • Floors:
  • Density:

Location & Builder

  • Project: It City
  • Address: Sector 83, 82, 101, Mohali, Punjab, Punjab
  • Sector: Others
  • Locality: Sector 83, 82, 101
  • City: Mohali, Punjab
  • Builder: GREATER MOHALI AREA DEVELOPMENT AUTHORITY (GMADA) (OTHER THAN INDIVIDUAL)
RERA Authority

Punjab Real Estate Regulatory Authority

RERA Reg. No

PBRERA-SAS81-PM0116

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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 It City? 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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