The Greater Mohali Area Development Authority (GMADA) is currently grappling with significant delays in several pivotal housing projects, raising concerns among stakeholders in the local real estate sector. Foremost among these setbacks is the Eco-City 3 project in New Chandigarh, which has encountered substantial hurdles primarily due to prolonged land acquisition processes.
This ambitious project, earmarked for development in the Mullanpur area, requires the acquisition of 713 acres across several villages, including Rasulpur, Salamatpur, and Dhode Majra. Despite initiating land acquisition procedures aligned with the Master Plan for New Chandigarh, GMADA has faced delays in the acquisition timeline. The preliminary notification under Section 4 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act was issued on November 15, 2022; however, the follow-up notification under Section 11 has been postponed from June to December 4, 2024, due to various administrative reasons. These delays are compounded by setbacks in other high-density and low-density housing projects, with GMADA’s plans to commence land acquisition for additional schemes also postponed until December 4. This delay concerns 309 acres in Mullanpur Garibdas village, critical for the development of new housing schemes. Moreover, an essential infrastructure project aimed at constructing a road dividing Sector 91 and Sector 91 Alpha in Mohali has been pushed back from June to August 31.
GMADA officials cite administrative hurdles and the recent election cycle as primary contributors to these delays. The repercussions on the local real estate market are considerable. Approximately 200 developers operate within the Mohali district, playing a crucial role in housing development across Mohali, Kharar, Zirakpur, and Derabassi. Historically, major project launches by GMADA have catalysed market activity and competition. Consequently, delays in these initiatives may precipitate a slowdown in the market, as both private developers and prospective buyers await clarity on GMADA’s plans. A spokesperson for the Mohali Property Consultants Association (MPCA) commented, “GMADA’s projects often invigorate the real estate market by fostering competition. Any delays can dampen market sentiment.”
The ripple effects of these delays are expected to resonate across the region, prompting both buyers and developers to reassess their strategies in light of GMADA’s shifting project timelines. From a sustainability perspective, the delays in GMADA’s projects may hinder the timely delivery of eco-friendly housing options, which are increasingly essential in today’s development landscape. The postponement of these initiatives could delay the incorporation of green building practices and sustainable urban planning, ultimately impacting the long-term viability of the region’s growth.
