Mohali Real Estate Update: Wait Continues for EcoCity-2 (Extension) Launch in New Chandigarh

Published by News Desk – Garah Pravesh

The much-anticipated launch of EcoCity-2 (Extension) in Hoshiarpur village, New Chandigarh, has once again been deferred as the Greater Mohali Area Development Authority (GMADA) accelerates large-scale infrastructure development across the 96-acre township.

For property investors, end-users, NRI buyers, and commercial real estate players actively tracking GMADA plots in New Chandigarh, this update is crucial. The project, positioned as GMADA’s eighth township development, is shaping into one of the most strategically planned mixed-use townships in the Mohali real estate corridor.

With 300 sq yard commercial showrooms and 60 sq yard double-storey bay shops being introduced for the first time, EcoCity-2 Extension is not just another plotted scheme — it represents the next commercial growth trigger in New Chandigarh.

📍 What is EcoCity-2 (Extension) New Chandigarh?

EcoCity-2 (Extension) is a 96-acre integrated township project located in Hoshiarpur village, New Chandigarh. It is designed to offer:

• Premium residential plots (1 kanal & 2 kanal)

• High-value commercial plots

• 300 sq yard showrooms

• 60 sq yard double-storey bay shops

• Fully developed civic infrastructure

The township was conceptualized under GMADA’s land pooling policy in 2013 but faced delays due to regulatory compliance issues, specifically the absence of a mandatory social impact assessment.

Now, after more than a decade of procedural hurdles, the project is back in execution mode — and this is significant for investors watching EcoCity 2 New Chandigarh plot prices, GMADA upcoming scheme 2026, and Mohali investment opportunities.

🏡 Residential Plot Details in EcoCity-2 Extension

According to the approved master plan:

🏘️ Plot Inventory

💰 Price Insight

At ₹60,000 per square yard:

• 1 Kanal Plot Approx Cost: ₹3 Crore

• 2 Kanal Plot Approx Cost: ₹6 Crore

These are premium plotted developments positioned for high-net-worth buyers, industrialists, NRIs, and long-term investors seeking appreciation in New Chandigarh luxury plots.

📌 Allotment Method

• Residential plots will be allotted through Draw of Lots

• Transparent digital system expected

• Similar to previous GMADA allotment formats

🏢 Commercial Revolution: First Time Introduction of Showrooms & Bay Shops

One of the biggest highlights of this project is the introduction of:

🔹 300 Sq Yard Commercial Showrooms

• Designed for branded retail

• Suitable for national chains, automobile outlets, lifestyle stores

• Positioned along main arterial roads

🔹 60 Sq Yard Double-Storey Bay Shops

• First time in a GMADA township

• Ideal for clinics, salons, cafes, coaching centres

• High rental yield potential

These commercial sites will be auctioned, not allotted via draw.

For investors searching for:

• Commercial property in New Chandigarh

• GMADA commercial auction plots

• High rental income property Mohali

• Showroom investment in Punjab

This scheme becomes highly relevant.

🛣️ Infrastructure Development Worth ₹50+ Crore Underway

An official from GMADA’s engineering wing confirmed that development works exceeding ₹50 crore are currently in progress.

🚧 Infrastructure Includes:

• Wide internal roads

• Water supply pipelines

• Underground sewerage system

• Stormwater drainage network

• Electrical grid infrastructure

• Street lighting

• Landscaping & green belts

This level of infrastructure indicates a fully planned urban township — not a raw land offering.

🏗️ Why Has EcoCity-2 Launch Been Delayed?

Although land was acquired in 2013 under GMADA’s land pooling policy, the project faced a major regulatory obstacle:

⚖️ Social Impact Assessment Issue

The mandatory Social Impact Assessment (SIA) was not conducted initially. As per legal compliance:

• Development approvals were stalled

• Scheme launch was postponed

• Administrative clearances were delayed

This procedural gap resulted in over 10 years of inactivity.

Now that compliance hurdles are cleared, the project has re-entered active development phase.

📢 Official Statement on Launch Timeline

GMADA Chief Administrator Sakshi Sawhney confirmed that infrastructure works are being expedited.

According to her statement:

Development of sewerage, stormwater drains, water supply lines and roads is underway. Once infrastructure is completed, the scheme will be launched along with EcoCity-3.

This indicates a combined launch strategy for EcoCity-2 Extension and EcoCity-3.

📍 Location Advantage – Hoshiarpur Village, New Chandigarh

EcoCity-2 Extension is strategically located in:

• Hoshiarpur Village

• New Chandigarh region

• Near upcoming EcoCity-3

🌆 Connectivity Highlights

• 10–15 minutes from Chandigarh

• Proximity to PGI & Medicity zone

• Near upcoming IT & institutional belt

• Connected via wide arterial roads

For buyers searching:

• Plots near Chandigarh

• Investment property in New Chandigarh

• Premium plots Mohali

• Kanal plots near PGI Chandigarh

This location checks multiple boxes.

📈 Investment Analysis: Should You Wait for EcoCity-2?

✔ Strong Appreciation Potential

New Chandigarh has consistently shown upward price movement due to:

• Limited supply of kanal plots

• Government-backed township model

• Infrastructure-led growth

✔ Premium Buyer Segment

Pricing at ₹60,000 per sq yard positions it as a high-end plotted scheme.

✔ Commercial Yield Opportunity

Auction-based commercial plots typically witness competitive bidding — indicating strong ROI expectations.

✔ Government Authority Trust

Being developed by GMADA ensures:

• Legal clarity

• Clear title

• Structured payment plan

• Transparent allotment system

🔥 Comparison: EcoCity-2 vs EcoCity-3

Ecocity-03 GMADA LOI – Expression of Interest Registration Form

📊 Market Outlook: New Chandigarh Real Estate 2026

Real estate analysts project:

• 12–18% annual appreciation in plotted segment

• Rising demand for 1 kanal plots

• Commercial rentals to strengthen with population growth

• Increased NRI participation

With limited government township launches in 2026, EcoCity-2 becomes a scarcity-driven asset.

📣 How to Prepare for EcoCity-2 Launch?

If you are serious about applying:

✔ Keep funds liquid
✔ Track official GMADA notifications
✔ Keep KYC documents ready
✔ Monitor draw of lots announcement

For guidance, documentation assistance, and transparent advisory:

📞 Get best and transparent deals with Garah Pravesh – 7087949434

🧠 Expert Advice for Buyers

• Apply under correct category

• Understand draw process

• Evaluate commercial auction bidding strategy

• Consider long-term holding (5–7 years minimum)

❓ Frequently Asked Questions (FAQs)

1️⃣ When will EcoCity-2 Extension launch?

The launch will take place after infrastructure completion. Officials suggest it may launch alongside EcoCity-3.

2️⃣ What is the rate of residential plots?

₹60,000 per square yard for both 1 kanal and 2 kanal plots.

3️⃣ How many residential plots are available?

135 one-kanal and 18 two-kanal plots.

4️⃣ How will residential plots be allotted?

Through draw of lots system.

5️⃣ How will commercial plots be sold?

Through open auction bidding process.

6️⃣ Is this a safe investment?

Yes, as it is backed by GMADA with legal land acquisition and approved master planning.

7️⃣ What makes this project different?

Introduction of 300 sq yard showrooms and 60 sq yard double-storey bay shops for the first time.

Final Verdict

EcoCity-2 (Extension) is not merely a plotted scheme — it is a strategic government-backed township with commercial innovation, kanal luxury positioning, and high-growth potential in New Chandigarh.

Although buyers must wait longer for the official launch, infrastructure execution worth ₹50+ crore signals that the scheme is nearing operational readiness.

For investors who understand government plotted development cycles, this waiting period could translate into early entry advantage.

📞 For expert assistance, documentation support, and strategic bidding consultation:

Get best and transparent deals with Garah Pravesh – 7087949434

#EcoCity2 #NewChandigarhPlots #GMADAP lots #KanalPlotMohali #CommercialPropertyNewChandigarh #GMADAUpcomingScheme #MohaliRealEstateNews #EcoCity2Extension #NewChandigarhInvestment #PunjabPropertyNews #LuxuryPlotsMohali #PlotForSaleNearChandigarh #GMADACommercialAuction #HighROIPropertyPunjab #GarahPravesh