Wanted/ Available Plots at GMADA AeroCity Mohali Near Upcoming International Airport ChandigarhGMADA Aero City Mohali first urban residential estate is coming up with 1000 acres of mix land use development abutting 200 wide road connecting Chandigarh International Airport. GMADA has named its first residential urban estate in the vicinity of the upcoming international airport as Aero City Mohali. The new international airport will come up on an area measuring 300 acres, and will be equipped with all the world class facilities. This project will be developed in the form of an Independent Integrated Township. Aerocity will come up on both sides of the 200 ft. wide link road connecting International Airport from Sector 66-66(A) junction to Chandigarh-Patiala National Highway-64 near village Chhat.Gmada Aerocity is adjacent to 350-Acre Knowledge City Sector 81, Mohali where ISB (Indian School of Business) & IISER (Indian Institute of Science Education & Research) are operational. Other major institutes that will be a part of the Knowledge City are:NABI (National Agri-food Biotechnology Institute) in 35 acresBio-Technology Park in 80 acresManagement Institute in 70 acresProject DetailsProject Name: GMADA AerocityDeveloper: GMADA (PUDA) Project Area: 1000-AcresTotal No. of Plots: 3950Location: Near International Airport, MohaliPlot Size: 125/150/200/250/300/400/500-SYDProject Size: 6.9 Kilometer long and 0.66 Kilometer wide.Development Contractor: Larsen and ToubroPossession: September 2014Price DetailsBasic Selling Price (BSP): Rs. 12000/- PSY (Rs 3 lakh per Marla).Preferred Location Charges: 5% of BSP for Corner or Park Facing10% of BSP for both corner and park facingPlots are available only on Resale with premium. Premium depends upon category & size of plot and Payment PlanTransfer Charges: 2.5% of the BSP and processing fees of Rs 2500/-Payment Plans Booking Amount: 10% of the BSPNext 15% of BSP within 30 days from the date of issue of LOI5% price + extra price (in case of PLC) is payable at the time of delivery of possession.Remaining 70% would be payable as per the payment plans (Plan A, B & C).Plan A: If the allotter deposits the balance 70% price in lump sum within 60days of the date of issue of LOI, 10% rebate shall be allowed.Plan B: Allotment is entitled to pay 70% of the amount without interest in seven bi-monthly equated installments from the date of issue of LOI.Plan C: Allotters are entitled to Pay 70%of the amount along with interest @ 10% p.a. payable half yearly, in 7 half yearly installments from the date of issue of LOI.Note: If allotters under plans B & C make the payment in lump sum at any time, rebate@5% shall be allowed on the balance outstanding principal amount.ProximityNear Upcoming Mohali International AirportNear Janta Industrial Sector 82, Mohali2-KM from Existing Mohali SectorsNear to Delhi and Patiala Highway4-KM from Mohali Cricket Stadium5-KM from Fortis HospitalNear Mohali Railway StationNear Upcoming GMADA IT-City (1900 Acres)Near Mohali Bus Terminal, Sector 66-A (Proposed)As of today the site is accessible through 200 ft. existing road which, very soon will be connected to Upcoming International Airport on one side & also to a bye-pass on the other side connecting to major cities like Delhi, Ambala, Patiala, Ludhiana, Kullu-Manali & J&K. It lies in the heart of the city bordering Sector 67-68 (Residential sectors)
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