Medicity

New Chandigarh, Mohali, Punjab

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

Description & FAQs

Project Overview

Medicity is a premier commercial project located in the vibrant New Chandigarh area of Mohali, Punjab. This expansive development is designed to cater to a diverse range of businesses, including retail spaces, office spaces, and food court facilities, making it a hub for commerce and community engagement. The project spans over 104.68 acres, providing ample space for various commercial activities.

The project is strategically located to offer excellent connectivity and accessibility, ensuring that businesses can thrive in a bustling environment. Medicity is set to become a landmark in the region, with a focus on modern infrastructure and sustainable practices.

Key features of Medicity include:
- A well-planned layout that maximizes space utilization for retail, office, and food court spaces.
- Comprehensive fire safety systems to ensure the safety of all occupants.
- Energy-efficient designs incorporating LED lighting and advanced energy management systems.
- Provisions for waste management and water conservation, aligning with modern environmental standards.

Investing in Medicity not only means gaining a presence in a thriving commercial hub but also contributing to a sustainable development that enhances the quality of life in Mohali. With its strategic location, modern amenities, and a focus on community, Medicity is poised to become a premier destination for businesses and consumers alike.

Frequently Asked Questions

Explore common inquiries about this project.

What is Medicity?

Medicity is a commercial project located in New Chandigarh, Mohali, designed to house retail spaces, office spaces, and food court facilities.

What is the size of the project?

The project spans over 104.68 acres.

What infrastructure is included in the project?

Medicity features modern infrastructure with comprehensive fire safety systems, energy-efficient designs, and provisions for waste management and water conservation.

How accessible is Medicity?

Medicity is strategically located with excellent connectivity to major roads and highways, ensuring easy access for businesses and customers.

Is Medicity a good investment opportunity?

Yes, Medicity is poised to become a premier commercial destination in Mohali, making it a valuable investment for businesses.

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 1 2024
  • Span: 104.68 Acres
  • Towers:
  • Units: 100+
  • Floors:
  • Density:

Location & Builder

  • Project: Medicity
  • Address: New Chandigarh, 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-PC0118

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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 Medicity? 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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