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Eco City 3 GMADA: The Township Every Mohali Investor Is Talking About in 2026
Real Estate Investing

Eco City 3 GMADA: The Township Every Mohali Investor Is Talking About in 2026

Rozen Singgla
Page Contents
  1. What Exactly Is Eco City 3?
    1. The Long Road From Idea To Reality   
  2. Land Acquisition: The Numbers That Matter   
  3. Land Pooling: A Fair Deal For Farmers
  1. Location and Connectivity of Eco City 3
    1. Expected Launch Date of Eco city 3 and What Comes Next
  2. Expected Plot Pricing in Eco City 3
    1. How Eco City 3 Compares To Its Predecessors
  3. Why This Eco city 3 Deserves Your Attention Now
    1. Risks Every Buyer Should Know Before Investing in Eco city 3
  4. How Homziio Helps You Invest Safely
  5. Final Thoughts about Eco city 3

Some projects come and go. Some stay in the news for years before they even open their gates. Eco City 3belongs to the second kind. If you have spent any time around Mohali or Chandigarh">New Chandigarh property circles this year, you have heard the name more than once.   

Eco City 3is not a rumor anymore. It is a real, government backed township that is finally moving from paper to ground.   

Homziiohas been tracking this project closely because our investors, buyers and builder partners keep asking the same question. Is Eco City 3worth the wait? This blog answers that question with facts, not guesswork.  

Eco City 3

What Exactly Is Eco City 3?

Eco City 3is a residential and commercial township being developed by the Greater Mohali Area Development Authority, known simply as GMADA. It is located in New Chandigarh /Mullanpur, the same green belt of New Chandigarh that already gave Punjab two successful phases, Eco City 1 and Eco City 2.  

The idea behind Eco City 3is simple. Build a planned, eco conscious city where roads, sewerage, parks and water supply are designed before a single house comes up. That is very different from the unplanned growth we see around most Indian cities today.  

The name itself carries weight. GMADA has built its reputation on land pooling schemes, transparent draws and infrastructure that actually gets delivered. Eco City 1 proved the model back in 2011. Eco City 3 is expected to repeat that success on a much bigger scale.  

The Long Road From Idea To Reality   

Every big township has a story and this one has taken a winding path. The concept for Eco City 3 was first floated in 2016. Like many ambitious government projects, it hit a wall around 2020 when budget constraints and the pandemic slowed things down. Work restarted in 2022 and momentum picked up again through 2025 and into 2026.  

The most important update came recently when GMADAcompleted land acquisition for the project. This single step matters more than any brochure or advertisement, because land in hand is what turns a plan into a project.

Land Acquisition: The Numbers That Matter   

Numbers tell the real story here, so let us look at what GMADA has actually done on the ground.

Detail  

Figure  

Total land acquired  

716 acres  

Number of villages covered  

9 villages  

Total compensation announced  

Rs 3,690 crore  

Highest compensation rate  

Up to Rs 6.46 crore per acre  

Legal basis of acquisition  

Section 19, RFCTLARR Act, 2013  

Application window for land pooling  

120 days  

The nine villages whose land was acquired include Kansala, Kartarpur, Rajgarh, Takipur, Hoshiarpur, Rasulpur, Dhodemajra, Majra and Salamatpur. Takipur alone contributed over 317 acres, making it the single largest source of land for the project.

This scale of acquisition is one of the biggest in Punjab's recent urban planning history and it clears the legal path for GMADA to begin infrastructure work without delay.

Land Pooling: A Fair Deal For Farmers

One thing that stands out about Eco City 3 is how GMADA has treated the landowners. Instead of only offering cash, the authority gave farmers a genuine choice through its land pooling policy. Here is what that policy actually offers.

  • Farmers can choose 1,000 square yards of residential space plus 200 square yards of commercial space for every acre given up.
  • If a farmer skips the commercial portion, the residential allotment increases to 1,600 square yards per acre.
  • Landowners get a convenience certificate that exempts them from stamp duty on any agricultural land purchase in Punjab for two years.
  • Every affected farmer receives an electricity connection for agricultural use.
  • An annual subsistence allowance of Rs 25,000 is paid to support the transition.


This structure turns farmers into stakeholders in the township's future growth rather than one time sellers. It is a model that reduces friction and builds long term goodwill, something that matters a great deal when a project spans years of 

Location and Connectivity of Eco City 3

Eco City 3sits within the larger New Chandigarh belt near Mullanpur, an area already known for its greenery, wide roads and planned sectors.

The location benefits from proximity to Chandigarh city, the upcoming Aerotropolisproject near the international airport and established institutions like the Indian School of Business.

Residents of earlier phases already enjoy access to a golf range, botanical garden, sports complex and a well developed road network.

Eco City 3is expected to plug directly into this existing infrastructure rather than starting from zero, which is a real advantage compared to standalone private developments.

For daily commuters, this location cuts travel time to Chandigarh significantly compared to newer sectors further out.

Families moving in can expect schools, hospitals and markets to develop alongside the township, following the same pattern that turned Eco City 1into a fully functioning residential hub within a decade.

This kind of organic growth around a planned core is exactly what makes GMADA townships attractive for long term settlement, not just short term investment.  

Expected Launch Date of Eco city 3 and What Comes Next

GMADA's Chief Administrator has indicated that the township launch could happen by the end of 2026, possibly combined with the Eco City 2 Extension scheme.

Development tenders were expected to be floated in the first quarter of 2026 as infrastructure work begins on the acquired land.

Buyers should treat this as an expected timeline rather than a confirmed date, since GMADA projects have historically seen shifts of a few months.

The only reliable source for the final announcement remains theofficial GMADA website.

Expected Plot Pricing in Eco City 3

Official prices for Eco City 3 have not been released yet and any figure you see today is only a market estimate based on comparable schemes. Based on the pricing trend seen in Eco City 2, industry analysts expect the following range once the scheme is formally launched.

Plot Size  

Estimated Price Range  

100 square yards  

Rs 45 lakh to Rs 60 lakh  

200 square yards  

Rs 90 lakh to Rs 1.2 crore  

Per square yard rate  

Rs 45,000 to Rs 60,000  

These figures are indicative only. Homziioalways recommends waiting for the official GMADA brochure before making any financial commitment.

How Eco City 3 Compares To Its Predecessors

Feature  

Eco City 1  

Eco City 2  

Eco City 3  

Launch year  

2011  

Later phase  

Expected 2026  

Land area  

400 acres  

Smaller extension  

716 acres  

Developer  

L&T Ltd  

GMADA  

GMADA  

Total plots  

836  

Not applicable  

Not yet announced  

Current status  

Fully developed  

Active and priced  

Land acquired, launch pending  

Eco City 1received close to 1.6 lakh applications for just 836 plots when it launched, which shows how strong the demand for GMADA schemes has always been. Eco City 3 is entering the market at a much larger scale, so demand is expected to be even higher.

Why This Eco city 3 Deserves Your Attention Now

Real estate rewards people who plan ahead. Buyers who entered Eco City 1at launch prices have watched their investment grow many times over as the area developed.

Eco City 3 offers a similar entry point today. Once GMADA announces the official scheme, prices in the surrounding sectors typically rise within months.

Waiting for the official launch to research is fine, but waiting for prices to rise before you start preparing your documents and funds is a costly habit.

There is also an emotional side to this story that numbers cannot fully capture. For nine villages, this acquisition marks the end of decades of agricultural life and the beginning of something entirely new.

Families who once measured wealth in crop yield are now becoming co-owners of a modern township. That transition carries hope, uncertainty and a fair share of hard conversations at the dinner table.

Any responsible investor should remember that behind every acre of land there is a family whose story changed because of this project.

Risks Every Buyer Should Know Before Investing in Eco city 3

No investment is without risk and honesty matters more than hype.

  • Farmer protests over the earlier land pooling policy led to a court stay in the past, though the specific policy in question has since been withdrawn.
  • Development delays are part of this project's history, having already been paused once between 2020 and 2022.
  • Legal challenges from individual landowners over valuation remain a possibility until every compensation case is closed.
  • Launch dates for large government townships often shift, so buyers should build flexibility into their plans.

How Homziio Helps You Invest Safely

With over two decades of experience since 2004 and more than 500 completed projects,Homziiounderstands how government schemes like Eco City 3move from announcement to allotment.

We work directly with investors, buyers and builders to make sure you never rely on rumours or unverified WhatsApp forwards. When GMADA releases the official brochure for Eco City 3, our team will break down the eligibility criteria, application process and draw details in plain language, so you can act quickly and confidently.

Final Thoughts about Eco city 3

Eco City 3is shaping up to be one of the most significant township launches Punjab has seen in years. Eco City 3has already cleared its biggest hurdle with land acquisition complete across 716 acres. Eco City 3still needs an official price list and a confirmed launch date and both are expected before the end of 2026. For now, the smartest move is to keep your documents ready, follow verified GMADA updates and let Homziioguide you through the Eco City 3opportunity when the official window opens. The wait for Eco City 3has been long, but for prepared investors, it may turn out to be worth every day of it.

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Rozen Singgla
Rozen Singgla
Real Estate Analyst — Chandigarh Tricity

Rozen Singgla is a real estate analyst and co-founder of Homziio, specialising in the Chandigarh Tricity property market. With deep expertise in RERA-verified residential and commercial projects across Mohali, Zirakpur, Kharar, and Panchkula, Rozen helps buyers and investors make informed decisions backed by verified data and on-ground market insights.

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