GMADA Plot Allotment Process Explained Step-by-Step – Real estate in Mohali is experiencing rapid growth, with a balanced focus on both residential and commercial properties. Several initiatives have been taken by the government to monitor the growth and distribution of infrastructure. GMADA or Greater Mohali Area Development Authority is a government body responsible for urban planning and development in Mohali (SAS Nagar) and its surrounding regions in Punjab. The government body works under the Punjab Regional and Town Planning & Development Act to play a crucial role in plot distribution and other important activities surrounding the real estate.
If you are an aspiring real estate buyer for residential or commercial properties in Mohali, The Future Estate brings you useful insights on the GMADA Plot Allotment Process Explained Step-by-Step for easily dealing with the entire process. The guide is highly informative and offers a clear, structured, and easy-to-follow guide for anyone interested in GMADA’s plot allotment process.
GMADA has been a major contributor to establishing Aerocity, Eco City, and IT City, which feature modern amenities like wide roads, efficient drainage systems, reliable electricity, and water supply. Buying a residential plot or commercial plot in Mohali is a dream come true for many. However, there is a certain criterion that should be fulfilled to get land under the GMADA.
The GMADA plot schemes are designed to provide housing opportunities to a wide range of applicants, including residents of Punjab, Non-Resident Indians (NRIs), and other eligible categories. The prior knowledge of these criteria ensures you do not have to waste time or does not become a victim of any fraud schemes.
Criterion | Residential Plots | Commercial Plots |
---|---|---|
Age | Minimum 18 years | Minimum 18 years |
Citizenship | Indian Citizen | Indian Citizen |
Income Proof | Not required for general | Required (varies by scheme) |
Property Ownership | No GMADA property in applicant’s name or family (spouse/dependent children) | Same as residential |
Application Mode | Online via GMADA portal | Online via GMADA portal |
Allotment Method | Draw/lottery (for most schemes) | Auction/draw (scheme-dependent) |
Priority Groups | Defense personnel, sports achievers, disabled persons may get preference | Typically open to all eligible applicants |
The Greater Mohali Area Development Authority (GMADA) offers residential and commercial plots through schemes like the GMADA Housing New Plot Scheme. They follow a well-defined plot allotment process comprising different steps and document submission. We have explained the plot allotment in a step-by-step process for the better understanding of buyers. The step-by-step guide will prepare you for the process and help avoid any last-minute errors.
Step 1: Check GMADA Notifications
GMADA announces new plot schemes (residential/commercial) through newspapers, the official website (gmada.gov.in), or advertisements. Look for details like plot sizes, locations, prices, and application dates for your preferred plots.
Step 2: Apply Online
For buyers who cannot visit the government office in person can apply for the process online. Follow the steps below to apply for GMADA plot allotment online.
Step 3: Wait for Draw (If Applicable)
If plots are in high demand, GMADA conducts a computerized draw/lottery. Results are published on the GMADA website and notice boards. The selected applicants get an allotment letter on winning the draw.
Step 4: Pay Initial Deposit
If selected, pay the first installment (usually 25% of the total cost) within the given time. You can pay through online payment modes or visit at GMADA offices.
Step 5: Sign the Allotment Agreement
Submit the required original documents for verification and sign the allotment agreement with GMADA.
Step 6: Pay the Remaining Amount in Installments
GMADA gives a payment schedule (usually in 3-4 installments). Pay on time to avoid penalties or cancellation.
Step 7: Get Possession Letter
After full payment, GMADA issues a possession letter. You can now take physical possession of the plot.
Step 8: Apply for Lease Deed/Registry
GMADA will convert the allotment into a lease deed (for commercial) or a freehold (for residential). Pay stamp duty and registration charges for final ownership.
Step 9: Start Construction (If Required)
Follow GMADA’s building bylaws for construction. Get necessary approvals before starting.
The GMADA plot allotment process is a long process and may even take years to finish. The Future Estate is ever ready to assist you through the plot allotment or even take charge of the entire procedure. Our experts are well-versed in the entire process and take the required steps to fast-track the application process. Here is how connecting with The Future Estate could be beneficial for GMADA plot applicants:
The GMADA plot allotment process could be exhaustive with endless steps and documentation. With this, buyers get insights on the GMADA Plot Allotment Process Explained Step-by-Step. GMADA regularly launches plot allotment schemes to provide land parcels to individuals, investors, and businesses, contributing to the city’s expansion. You can connect with The Future Estate for 24/7 assistance throughout the process.