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

real estate news

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.

November 13, 2025
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Mohali Property Market Surges as 430-sq-yd Plot Sells for ₹8.8 Cr Ahead of Diwali

real estate news

Mohali Property Market Surges as 430-sq-yd Plot Sells for ₹8.8 Cr Ahead of Diwali

The recent GMADA e-auction in Mohali saw a 430-square-yard residential plot sell for ₹8.86 crore, reflecting a renewed investor confidence in the property market. The festive season and improved economic conditions are driving interest in premium residential and commercial plots.

October 16, 2025
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GMADA's Real Estate Woes: Sector 62 Sites Unsold for Third Time

Real Estate

GMADA's Real Estate Woes: Sector 62 Sites Unsold for Third Time

The Greater Mohali Area Development Authority (GMADA) faces a real estate slowdown as high land prices and poor infrastructure deter investors. Experts suggest revising land pricing and enhancing facilities to revive investor confidence.

October 16, 2025
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Hero Realty Acquires 8.71 Acre Land in Mohali for ₹260 Crore Real Estate Project

Real Estate Maharashtra

Hero Realty Acquires 8.71 Acre Land in Mohali for ₹260 Crore Real Estate Project

Hero Realty has made a significant investment by acquiring 8.71 acres of land in Mohali for over ₹260 crore to develop a new real estate project. The strategic move underscores the company's commitment to expanding its footprint in the region.

September 19, 2025
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Hero Realty Acquires 8.71 Acre Land in Mohali for Over ₹260 Crore to Develop Real Estate Project

Real Estate Mumbai

Hero Realty Acquires 8.71 Acre Land in Mohali for Over ₹260 Crore to Develop Real Estate Project

Hero Realty has purchased 8.71 acres of land in Mohali for over ₹260 crore to develop a new real estate project. The acquisition was made through an auction conducted by the Greater Mohali Area Development Authority (GMADA).

September 19, 2025
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Mohali Residents Demand Resolution of Pending Death Cases in Housing Societies

real estate news

Mohali Residents Demand Resolution of Pending Death Cases in Housing Societies

Residents of various housing societies in Mohali are growing increasingly frustrated with the lack of resolution in pending death cases. GMADA chief administrator Moneesh Kumar could not be reached for comments despite multiple attempts.

December 15, 2024
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GMADA Reaps ₹1,893 Crore from Successful Property Auction in Diwali

real estate news

GMADA Reaps ₹1,893 Crore from Successful Property Auction in Diwali

In a significant boost for the Mohali real estate sector, GMADA has reported an impressive ₹1,153 crore from the sale of 295 out of 298 residential plots during a recent property auction.

October 31, 2024
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