Eco City-3 New Chandigarh Mega Push: GMADA Secures 716 Acres with Record Compensation up to ₹6.46 Cr per Acre

Published by: News Desk – Garah Pravesh

Introduction: A Landmark Moment for New Chandigarh & Greater Mohali

In a decisive move that will redefine the future of New Chandigarh real estate, the Greater Mohali Area Development Authority (GMADA) has officially completed the acquisition of 716 acres of land across nine villages for its ambitious Eco City-3 township project. This development marks one of the largest and most transparent land acquisitions in Punjab’s urban planning history, offering record-breaking compensation touching ₹6.46 crore per acre and unlocking massive opportunities for homebuyers, investors, and developers.

The announcement of compensation awards under Section 19 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 now clears the legal path for GMADA to take possession of the land and fast-track infrastructure execution.

For real estate investors tracking New Chandigarh growth corridors, Eco City-3 emerges as a high-potential destination, backed by government planning, sustainable development principles, and strong connectivity to Mohali, Chandigarh, and Punjab’s emerging urban belt.

👉 For best and transparent deals in New Chandigarh, Mohali, and GMADA-approved projects, connect with Garah Pravesh – 7087949434.

Checkout latest Properties listings – Residential – Commercial – Industrial

🌆 What Is Eco City-3? A Future-Ready Township Explained

Eco City-3 is GMADA’s next-generation urban township designed to expand New Chandigarh into a planned, eco-conscious, and infrastructure-led residential and commercial hub.

Key Vision of Eco City-3:

• Low-density, sustainable urban planning

• Integrated residential, commercial, and green zones

• Modern road networks and utility infrastructure

• Long-term livability and high appreciation potential

Unlike unregulated private developments, Eco City-3 is fully government-backed, making it one of the safest real estate investment options in Punjab today.

📍 Villages Covered Under the 716-Acre Land Acquisition

GMADA has acquired land from nine strategically located villages, ensuring balanced development across the Eco City-3 region.

🗺️ Village-wise Land Acquisition Breakdown

This large, contiguous land bank enables seamless township planning, eliminating fragmented development and future legal hurdles.

💰 Compensation Rates: One of Punjab’s Highest Ever

GMADA has determined compensation using the average sale registrations of the past three years, ensuring market-aligned and transparent valuation.

💸 Village-wise Compensation Awarded (Per Acre)

• Salamatpur – ₹6.46 crore

• Dhodemajra – ₹6.40 crore

• Rasulpur – ₹5.91 crore

• Kansala – ₹5.46 crore

• Kartarpur – ₹5.43 crore

• Takipur – ₹4.99 crore

• Hoshiarpur – ₹4.98 crore

• Rajgarh – ₹4.27 crore

• Majra – ₹4.27 crore

📈 These figures place Eco City-3 among the highest compensated land acquisition projects in North India, reinforcing investor confidence and landowner trust.

🔄 Land Pooling Policy: A Game-Changer for Farmers

Beyond cash compensation, GMADA is offering an attractive land pooling option, allowing landowners to become stakeholders in future urban growth.

🏡 Land Pooling Options Per Acre

• Option 1

  • 1,000 sq. yards residential plot

  • 200 sq. yards commercial plot

• Option 2 (Residential Only)

  • 1,600 sq. yards residential plot

📌 Applications must be submitted within 120 days from the award announcement.

This policy empowers farmers to benefit from long-term appreciation rather than a one-time payout.

🎯 Additional Benefits for Affected Landowners

GMADA has gone beyond statutory requirements to ensure holistic rehabilitation:

• Compensation for trees, houses, and structures

• ₹25,000 annual subsistence allowance

• Stamp duty exemption via convenience certificate (valid for 2 years anywhere in Punjab)

• Eligibility for agricultural electricity connection

• Immediate initiation of compensation disbursement

This multi-layered approach strengthens GMADA’s reputation for fair and farmer-friendly urban development.

📈 Why Eco City-3 Is a Goldmine for Real Estate Investors

🔑 High-Intent Investment Triggers:

• Government-backed township (GMADA)

• Clear land titles and legal transparency

• Proximity to Chandigarh and Mohali

• Planned infrastructure and zoning

• Strong rental and resale potential

With land acquisition finalized, property prices in surrounding sectors are expected to rise sharply, making this the right time to enter the market.

👉 For verified inventory, and best pricing near Eco City-3 and New Chandigarh, contact Garah Pravesh – 7087949434.

Checkout latest Properties listings – Residential – Commercial – Industrial

🚧 What Happens Next? Development Timeline & Market Outlook

With possession now legally enabled:

• Road layouts and sector planning will commence

• Utility infrastructure (water, sewerage, power) to follow

• Residential and commercial plot launches expected in phases

📊 Market experts predict a strong appreciation cycle once official GMADA plot schemes are announced.

❓ Frequently Asked Questions (FAQs)

Q1. What is Eco City-3 in New Chandigarh?

Eco City-3 is a GMADA-planned township designed for sustainable residential and commercial development in New Chandigarh.

Q2. How much land has GMADA acquired?

A total of 716 acres from nine villages.

Q3. What is the highest compensation awarded?

Up to ₹6.46 crore per acre in Salamatpur village.

Q4. Can landowners opt for land pooling?

Yes, landowners can choose residential and commercial plots instead of full cash compensation.

Q5. Is Eco City-3 a good investment?

Yes. It offers government backing, infrastructure assurance, and high appreciation potential.

Q6. Who can help with verified deals in Eco City-3?

Garah Pravesh provides best and transparent deals – Call 7087949434.

📰 Final Word: A Defining Chapter in Punjab’s Urban Growth Story

The acquisition of 716 acres for Eco City-3 is not just a policy milestone—it is a signal of New Chandigarh’s transformation into Punjab’s next real estate powerhouse. With transparent compensation, land pooling benefits, and structured urban planning, GMADA has laid a strong foundation for sustainable growth.

📞 For investment guidance, verified GMADA projects, and transparent transactions, connect with Garah Pravesh at 7087949434.

Name *

Phone *

Email *

Message *

Submit

Checkout latest Properties listings – Residential – Commercial – Industrial

#EcoCity3 #NewChandigarh #GMADA #MohaliRealEstate #PunjabProperty #LandAcquisition #RealEstateNews #PropertyInvestment #GarahPravesh