Eco City 2 – Gmada: The New Chandigarh Township Every Investor Is Talking About in 2026

There is a particular kind of excitement that runs through the Tricity every time GMADA opens a new plotted scheme and right now, that excitement has a name: GMADA Eco City 2. If you have driven past Mullanpur or Hoshiarpur village on the New Chandigarh belt recently, you would have noticed cranes, half-laid roads and freshly planted saplings lining what used to be open farmland. 

That transformation is GMADA Eco City 2 taking shape, plot by plot, promise by promise. For thousands of families dreaming of building their own home away from the chaos of Chandigarh and for investors who have watched land prices in this belt multiply over the last decade, GMADA Eco City 2 is no longer just another government scheme. It is a genuine opportunity and this blog will walk you through everything verified, everything real and everything you need to know before you take the next step.

What Exactly Is Eco City – Gmada?

To understand Eco City 2, you first need to understand where it comes from. Eco City is a planned residential development under the Greater Mohali Area Development Authority (GMADA), a government body of Punjab responsible for planned urban growth across Mohali, Kharar and New Chandigarh. 

According to GMADA's own official records, the original Eco City scheme was launched in 2011 for the allotment of 836 residential plots and the response was staggering -  the authority received close to 1,60,000 applications for those plots alone. 

Spread across 400 acres to the south of MDR-B, Eco City Phase-1 was developed under a 100% land pooling model, meaning local farmers became stakeholders in the project rather than being displaced from their land. 

That single decision built enormous goodwill and trust and it is one of the reasons Eco City is remembered as one of GMADA's most successful and emotionally resonant townships -  a project that grew out of the soil of the very families who once farmed it.

Riding on that legacy, GMADA later introduced Eco City 2 in Chandigarh">New Chandigarh, a scheme that officially allotted 289 residential plots through a transparent draw of lots, with the results published on GMADA's own government portal. This is not a private builder's marketing gimmick; it is a documented, government-verified allotment process and that transparency is exactly what makes Eco City 2 – GMADA so trustworthy for genuine homebuyers.

The New Chapter: GMADA Eco City 2 Extension

What has really put Eco City 2 – Gmada back in the spotlight in 2026 is its extension phase. Conceived way back in 2013 under GMADA's land pooling policy, this extension faced over a decade of regulatory delay, largely because a mandatory Social Impact Assessment had not been completed at the time. 

That chapter has now closed. GMADA's engineering wing has confirmed that development works exceeding ₹50 crore are currently underway across the 96-acre township in Hoshiarpur village, New Chandigarh, covering sewerage lines, stormwater drains, water supply and internal roads. 

GMADA Chief Administrator Sakshi Sawhney has publicly confirmed that this infrastructure work is being expedited and once complete, the scheme is expected to launch alongside the upcoming Eco City 3.

The extension will offer 153 residential plots -  135 plots of 1 Kanal (roughly 500 square yards) and 18 plots of 2 Kanal (roughly 1000 square yards) -  along with 68 commercial plots, a first for this township in the form of 300 square yard showrooms and 60 square yard double-storey bay shops. 

This is a meaningful shift: Eco City is no longer just a residential address; it is evolving into a self-sufficient, mixed-use neighbourhood where you can live, shop and run a business within the same green, planned ecosystem.

GMADA Eco City 2 Verified Pricing - What Will It Actually Cost You?

Numbers matter more than promises, so let's talk pricing honestly. Residential plots in the Eco City 2 Extension are expected to be allotted at the government circle rate of approximately ₹60,000 per square yard, applicable uniformly to both 1 Kanal and 2 Kanal categories. 

Practically, this means a 1 Kanal (500 square yard) plot could come to you at roughly ₹3 crore through the official draw scheme. Compare that to the open resale market, where similar 1 Kanal plots in established New Chandigarh sectors have reportedly touched figures closer to ₹9 crore and you begin to understand why families and investors alike describe this as a once-in-a-decade window.

For context on already-developed pockets, resale listings in Eco City Phase-2 show plots such as a 103 square yard corner unit priced around ₹1.60 crore, reflecting how much appreciation earlier allottees have already enjoyed. 

These figures are compiled from verified market data across major property portals and local brokerage networks as of mid-2026 and while GMADA's circle rate is fixed and transparent, open market prices will always fluctuate with demand -  so treat resale figures as indicative, not guaranteed.

If you already hold a Letter of Intent or own a plot in the earlier phases, transferring it to a new buyer is straightforward: GMADA typically charges transfer fees of around 2.5% of the circle rate, plus a small processing fee of approximately ₹6,970 for residential plots. This route gives you immediate access to fully developed plots in Eco City 1 and Eco City 2, without waiting for a fresh draw.

Location: Why Everyone Wants a Piece of This Address

Location is where Eco City 2 – Gmada quietly wins the argument. Positioned strategically between Mohali and New Chandigarh, the township enjoys close proximity to Airport Road, the upcoming Aerocity and the growing IT hub corridor -  the very belt that is pulling Chandigarh's commercial gravity outward. This is not a remote, disconnected plot deep in the countryside; it sits along a corridor that urban planners and real estate analysts consistently flag as the fastest-appreciating zone in the entire Tricity region. New Chandigarh's steady, upward price trajectory over the past several years has been driven precisely by this connectivity advantage and Eco City 2 – Gmada sits right in the middle of it.

How the Allotment Actually Works

Unlike private schemes where influence or early booking can tilt the outcome, GMADA plots are allotted through a 100% computerized draw of lots for residential categories -  a fair, transparent and auction-free process that gives every applicant an equal chance. 

Commercial plots, on the other hand, will be allotted through open auction bidding, reflecting their premium, business-use positioning. Once the pending infrastructure work is certified complete, GMADA will announce the formal application window, last date and draw schedule on its official portal, gmada.gov.in. Prospective applicants are strongly advised to keep their KYC documents ready, keep investment funds liquid and track official GMADA notifications directly rather than relying on second-hand information.

Why This Feels Different -  A Human Perspective

Ask any longtime Mohali resident about Eco City and you will notice something interesting: their voice softens. Many remember when this land was nothing but wheat fields, when families would drive out here on Sunday evenings just to imagine what their retirement home might look like. 

That emotional connection to the land, combined with the discipline of GMADA's transparent processes, is what separates Eco City 2 – Gmada from countless other plotted schemes flooding the Tricity market. It is government-backed and rooted in a land pooling philosophy that respected the original farmers rather than displacing them. For a first-time homebuyer, that story matters as much as the price sheet.

Things To Verify Before You Invest

Even the safest investments deserve caution. Because Eco City 2 Extension has faced multiple delays over more than a decade, patience is essential -  infrastructure completion, not marketing promises, will determine the actual launch date. 

Always cross-check the latest circle rate, draw schedule and eligibility criteria directly on gmada.gov.in before making any financial commitment and consult a qualified legal or financial advisor before signing anything. Prices mentioned in this blog are indicative, compiled from verified government notices and credible market sources as of mid-2026 and are subject to revision by GMADA.

GMADA Land Pooling Scheme: A Win-Win for Farmers and Developers

The GMADA Land Pooling Scheme is a smart urban development model where farmers voluntarily pool their land for planned development. In return, they receive back developed plots with better value and infrastructure. This benefits farmers with higher returns and private players with hassle-free, ready-to-develop land, accelerating quality real estate growth in Greater Mohali.

Final Word: Should You Consider Eco City 2 – Gmada?

If you have read this far, you already understand why GMADA Eco City 2 deserves your attention in 2026. It combines the safety of government backing with the emotional pull of a township literally built alongside the community that once farmed its soil. 

Whether you are a young family searching for a plot to build your first home, an NRI investor looking for a transparent government asset or a seasoned buyer chasing long-term appreciation, GMADA Eco City 2 offers a rare mix of affordability, connectivity and trust. 

The circle rate pricing keeps entry costs government-controlled, the draw of lots process keeps the game fair and the New Chandigarh location keeps future growth almost inevitable. As GMADA moves closer to finalising infrastructure and announcing the formal launch, GMADA Eco City 2 is quickly becoming the address every serious Tricity investor is watching closely -  and if history with Eco City Phase-1 is any indication, those who act early on Eco City 2 – Gmada usually end up telling the best stories a decade later.

At Homziio, we track projects like GMADA Eco City 2 precisely so that our readers never have to rely on rumours or WhatsApp forwards for something as important as their hard-earned money.

Disclaimer: All information in this blog is sourced from GMADA's official website (gmada.gov.in) and verified real estate market data as of mid-2026. Homziio does not endorse any specific project or provide investment advice. Readers are strongly advised to verify current GMADA notifications and consult a professional advisor before making any property investment.