Frequently Asked Questions
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Medicity
New Chandigarh, Mohali, Punjab
GREATER MOHALI AREA DEVELOPMENT AUTHORITY (GMADA) (OTHER THAN INDIVIDUAL)
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.
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.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall + Office Space- Commercial/Mall + Food Court Space
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 1 2024
- Project Span: 104.68 Acres
- No of Towers:
- Total No of Units: 100+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: 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 Registration Number
PBRERA-SAS80-PC0118
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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