Quick answer In 2026, Eco City 2 is a ready-to-move GMADA plotted township in New Chandigarh, with resale plots at about ₹1.50–1.70 lakh per sq yd. Eco City 2 Extension is a GMADA draw scheme that is currently on hold. Eco City 3 is at the land pooling stage, so it is bought as an LOI investment — a right to a developed plot later — at about ₹75,000–85,000 per sq yd.
“Eco City” is one name for four GMADA projects at four different stages. That is why buyers get confused — and why some get sold the wrong thing. Here is what each phase is, what you can actually buy today and what to check before you pay.
Eco City phases at a glance
| Phase | Where | Stage in 2026 | How you buy | Indicative rate |
|---|---|---|---|---|
| Eco City 1 | New Chandigarh (Mullanpur) | Developed, families living | Resale plot | ₹1.70–1.80 lakh / sq yd |
| Eco City 2 | New Chandigarh, next to Eco City 1 | Ready to move | Resale plot | ₹1.50–1.70 lakh / sq yd |
| Eco City 2 Extension | Hoshiarpur village (~96 acres) | On hold | GMADA draw (when it opens) | Not announced |
| Eco City 3 | 9 villages (~716 acres) | Acquisition done; land pooling / LOIs | LOI from landowner | ₹75,000–85,000 / sq yd (LOI) |
Rates are GarahPravesh market estimates for typical deals in November 2026, not GMADA prices. Corner, park-facing and wider-road plots cost more.
Eco City 2: ready-to-move plots
Eco City 1 and Eco City 2 together cover about 806 acres in the Shivalik foothills next to PGI. GMADA allotted Eco City 2 plots by draw — the original scheme offered 289 plots of 200 to 500 sq yd and drew over 4,800 applications. Today the township has roads, parks, water, sewerage and power, and houses are coming up across the pockets.
- What you buy: a resale plot from an existing allottee, transferred through GMADA.
- Price: about ₹1.50–1.70 lakh per sq yd in 2026, so a 300 sq yd plot is roughly ₹4.5–5.1 crore before stamp duty.
- Good for: building your own home soon, or a lower-risk land investment close to Chandigarh.
- Check: allotment letter, all GMADA dues paid, no-dues certificate, building-period (non-construction) penalties, and the seller’s ID. Read the GMADA transfer process.
Eco City 2 Extension: a draw scheme on hold
The Extension is a fresh GMADA scheme on about 96 acres in Hoshiarpur village, beside Eco City 2. It was first planned more than a decade ago and was expected to launch in early 2026, with residential plots (reported mainly as 500 and 1,000 sq yd) allotted by computerised draw of lots and commercial sites by auction.
Current status: on hold. GMADA has not opened applications or announced a price. When it opens, the usual GMADA draw process applies: apply online in the window, pay the refundable earnest money, wait for the draw, and pay the instalments if you win.
Beware of “advance bookings”. Nobody can sell you an Eco City 2 Extension plot before GMADA opens the scheme and holds the draw. Do not pay any agent or website for a guaranteed plot. Watch gmada.gov.in for the official notice.
Eco City 3: the LOI investment option
Eco City 3 is the next and largest phase. GMADA announced the acquisition award for about 716 acres across nine villages — including Takipur, Kansala, Kartarpur, Rajgarh and Hoshiarpur — with compensation of about ₹3,690 crore, under the 2013 land acquisition Act. Landowners can take cash, or opt for land pooling and receive developed plots later; GMADA issued land pooling forms and plot-size option notices through 2026.
Landowners who opt for plots get an LOI (Letter of Intent). Investors buy these LOIs, which is how most people “buy” in Eco City 3 today.
- What you get: a right to a developed GMADA plot of a set size later. The exact plot is decided by draw.
- Price: about ₹75,000–85,000 per sq yd of LOI entitlement in 2026 — roughly half the Eco City 2 resale rate, next to an established township.
- The risks: timelines depend on GMADA’s development (the project has been delayed before), plot location is not in your control, and you are relying on the LOI being genuine and transferable.
- Hold period: treat it as a several-year investment, not a place to build soon.
Checklist before you buy any Eco City property
- Get the GMADA document (allotment letter or LOI) and verify it with GMADA.
- Match the seller’s name and ID to the document; for an LOI, check the landowner’s title and the pooling option chosen.
- Confirm the transfer fee and process, and that all dues are paid.
- Get the sale price, payment schedule and handover terms in a written agreement.
- Pay by bank transfer only, and budget stamp duty — use the stamp duty calculator.
Eco City vs other New Chandigarh options
New Chandigarh also has private townships (Omaxe, DLF and others) with flats, floors and plots. Compare rates and connectivity in our New Chandigarh location guide, and read Kharar vs New Chandigarh if you are weighing a budget option. For GMADA auction sites, see the GMADA e-auction guide.
