GMADA Hikes Property Base Rates for 2025-26: Real Estate Market Faces New Challenges

The Greater Mohali Area Development Authority (GMADA) has announced a significant increase in property base rates for 2025-26, raising concerns among real estate experts and potential buyers.

GmadaProperty Base RatesReal Estate MarketMohaliProperty PricesReal Estate NewsNov 13, 2025

GMADA Hikes Property Base Rates for 2025-26: Real Estate Market Faces New Challenges
Real Estate News:The Greater Mohali Area Development Authority (GMADA) has announced new base rates for residential and commercial plots across various sectors and schemes for the financial year 2025-26, marking a steep hike of Rs 5,000 to Rs 15,000 per square yard compared to last year.

The revised rates, notified on November 12, 2025, will be applicable to all government, semi-government, and private institutional allotments, besides serving as the basis for court-directed cases and determining non-construction fees.

According to the official notification signed by Chief Accounts Officer Ajay Mittal, the base rate for properties in Sahibzada Ajit Singh Nagar (Mohali) has seen a substantial upward revision. For instance, plots in sectors 53 to 71 will now cost Rs 71,500 per sq yard instead of Rs 65,000, while those in sectors 76 to 80 will cost from Rs 63,400 to Rs 70,000. Similarly, rates of plots in the IT City and Eco-City zones have jumped from Rs 51,500 to Rs 65,000 per sq yard, marking a sharp hike of Rs 13,500.

The most dramatic increase is seen in sectors 90–91 and Aerotropolis (Blocks A–D), where the base rate has surged from Rs 46,200 to Rs 65,000, a jump of nearly Rs 18,800 per sq yard. Industrial plots in Sector 57-A now stand at Rs 45,000 per sq yard (up from Rs 39,600), while SCO sites (100–200 sq yards) in Industrial Sector 101 have been raised from Rs 1,99,600 to Rs 2,25,000. Even smaller single-storey shops (60 sq yards) in the same area have risen from Rs 1,33,100 to Rs 1,50,000 per sq yard.

While GMADA officials say the revised rates are aimed at “bringing uniformity and updating market-linked valuations”, the move has drawn sharp criticism from local property experts, who call the decision “anti-people” and “commercial in nature”. Former president of the Mohali Property Consultant Association (MPCA), Shalinder Anand, told The Indian Express, “GMADA, which was originally created to provide convenience and affordable housing, has now turned into a property dealer itself. By increasing rates every few months, it is putting unbearable financial pressure on the common man.”

Anand added that the hike would also push up transfer fees and extension charges, resulting in an additional burden of Rs 7,500 to Rs 15,000 per sq yard on property owners. He alleged that GMADA is “no longer focused on public welfare but on revenue generation”, claiming that “the money it collects isn’t being invested back into the city’s development but diverted elsewhere”.

According to real estate analysts, the latest rate hike will make buying homes and registering plots in Mohali even more expensive, at a time when the property market is already facing a slowdown. Experts warned that the move could further dampen market sentiment and delay investments in new housing projects.

“This increase will make home purchases and plot registrations costlier,” Anand said. “At a time when the real estate market is struggling, such steep hikes will only worsen the slowdown.”

Frequently Asked Questions

What is the main reason for the increase in property base rates by GMADA?

GMADA officials state that the increase is aimed at bringing uniformity and updating market-linked valuations.

How much have the base rates increased for residential and commercial plots in Mohali?

The base rates have increased by Rs 5,000 to Rs 15,000 per square yard compared to last year.

Which sectors in Mohali have seen the most significant increase in base rates?

Sectors 90–91 and Aerotropolis (Blocks A–D) have seen the most dramatic increase, with the base rate surging from Rs 46,200 to Rs 65,000 per sq yard.

What are the potential impacts of these rate hikes on the real estate market?

The rate hikes could make buying homes and registering plots more expensive, potentially worsening the current slowdown in the real estate market.

What are the criticisms of the rate hikes by local property experts?

Local property experts criticize the hikes as being 'anti-people' and 'commercial in nature', arguing that they put financial pressure on the common man and are not focused on public welfare.

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