GMADA Launches 50th Affordable Housing Project in Mohali's Sector 114

Introduction to GMADA's Affordable Housing Initiative

The Greater Mohali Area Development Authority (GMADA) has reached a significant milestone by launching its 50th affordable housing project in Mohali. This initiative aims to provide accessible housing options for lower- and middle-income groups, reinforcing the government's commitment to promoting home ownership.

Details of the 'White City' Project

Located in Sector 114, village Kailon, the new project named 'White City' spans 25 acres and is being developed by a private firm. GMADA has issued a revised layout plan and a public notice to attract potential buyers and stakeholders, highlighting the growing demand for affordable housing in the region.

Growth of Affordable Housing in Mohali

Over the years, Mohali has seen a surge in affordable residential developments, with over 50 colonies and nearly 1,000 plots approved by GMADA. Key areas such as Kharar, Banur, and various sectors have become popular for affordable housing projects, catering to diverse needs and budgets.

Pricing and Recommendations for Buyers

Affordable housing options in Mohali typically range from Rs 30 lakh to Rs 45 lakh for apartments, while plotted developments may be priced lower based on size and location. Buyers are advised to verify project approvals and consider GMADA-approved colonies to ensure secure investments.