Frequently Asked Questions
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It City
Sector 83, 82, 101, Mohali, Punjab
GREATER MOHALI AREA DEVELOPMENT AUTHORITY (GMADA) (OTHER THAN INDIVIDUAL)
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.
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.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2023
- Project Span: 169.56 Acres
- No of Towers:
- Total No of Units: 1000+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: 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 Registration Number
PBRERA-SAS81-PM0116
Project
Neighborhood
Project Video
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GREATER MOHALI AREA DEVELOPMENT AUTHORITY (GMADA) (OTHER THAN INDIVIDUAL)
- No of Complaints: Not Available
- States (Active in): Punjab
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 of properties. Many appellants argued that GMADA failed to provide plots or units within the promised timeframe, leading to dissatisfaction and legal actions.
- Jurisdiction Issues: Several complaints cited jurisdictional failures. The authority frequently contended that they were not bound to return deposits or provide refunds, yet the courts have ruled against them, leading to dismissals of their claims.
- Non-compliance with Agreements: Many cases involve allegations that GMADA did not adhere to the terms laid out in the Letter of Intent or other agreement documents. Complaints of this nature highlight GMADA's inconsistent application of policies and procedures.
- Defendant Claims of Non-Payment: In numerous cases, GMADA defended itself citing that the appellants failed to comply with payment terms. However, courts have often ruled in favor of appellants based on GMADA’s own failure to perform.
Patterns in Cases Won
On the other hand, GMADA has won 6 cases, characterized by different dynamics:
- Jurisdiction Affirmation: Cases won often revolved around affirming the authority's jurisdiction to make certain decisions, … Read more
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