Hi there! How can we help you today?
Join Us for Exclusive Open House Events This Weekend and Find Your Perfect Home!
Discover Your Dream Home with Our Latest Listings and Personalized Services!
Explore Our Exciting New Property Listings Now Available in Prime Locations!
Take Advantage of Limited-Time Offers on Luxury Homes with Stunning Features!
when the Greater Mohali Area Development Authority - widely known as GMADA - first unveiled its Eco City concept for New Chandigarh (Mullanpur), few could have imagined that this vision would grow so fast that even the government cannot wait for one phase to finish before planning the next. In 2026, that is exactly where we stand. GMADA, the engine driving Punjab's most ambitious planned township initiative, has now set its sights firmly on Gmada Eco City 4, initiating a fresh land acquisition process for over 526 acres in New Chandigarh - even as the much-anticipated Eco City-3 project is yet to witness full-scale ground development.
This bold move by the Punjab government and GMADA signals an unmistakable message to investors, homebuyers and the real estate fraternity: New Chandigarh is not just growing - it is racing ahead. The GMADA Eco City series, which has already delivered Eco City-1 and Eco City-2 as liveable, green townships, is fast expanding into a multi-phase planned residential corridor that will reshape the tricity real estate landscape for decades to come. For those eyeing GMADA plots in New Chandigarh, this development is nothing short of a wake-up call.
Whether you are a first-time homebuyer dreaming of a plot in Eco City 2 New Chandigarh, a seasoned investor tracking GMADA Eco City 2 plots and their appreciation story or a forward-thinking buyer already looking at new chandigarh eco city plots beyond the existing phases - this blog will give you the complete, verified picture of what is unfolding right now, what it means for your investment and why GMADA's plan to acquire 526 acres for GMADA Eco City 4 could be one of the most significant real estate announcements this decade.
Before we dive into the Eco City 4 story, it is important to understand the canvas on which GMADA is painting this future. New Chandigarh, also known as Mullanpur, is a master-planned urban extension located just 6 to 8 kilometres north of Chandigarh's PGI Chowk - making it one of the most strategically located townships in North India.
According to the official GMADA development plan (gmada.gov.in), New Chandigarh has been envisioned as a self-sustaining, medium-density settlement designed to house up to 4,00,000 residents eventually, while preserving the natural environment. Set against the breathtaking backdrop of the Shivalik Hills and connected to Chandigarh via a 200-foot-wide, six-lane arterial road (MDR-B), the township promises everything a modern city needs - health, education, commerce, recreation and community.
"The broad planning intention for New Chandigarh is a self-sustaining, medium density area to ensure quality living while preserving the natural environment." - GMADA Official Website
The master plan allocates approximately 27% of the total area to residential use and about 33% to green spaces, parks and PLPA (Punjab Land Preservation Act) land - a level of green coverage unmatched by almost any other township project in India. Major institutions like the Indian School of Business (ISB), planned Medicity (healthcare hub), Education City and a proposed Metro connection further elevate New Chandigarh's stature as a world-class address.
| Parameter | Details |
|---|---|
| Location | Mullanpur, District SAS Nagar (Mohali), Punjab |
| Distance from Chandigarh | 6–8 km from PGI Chowk via 200-ft MDR-B Road |
| Total Planned Population | Up to 4,00,000 residents |
| Green Cover | ~33% of total area |
| Residential Land Use | ~27% of total area |
| Connectivity | MDR-B, MDR-C, GMADA Expressway, Proposed Metro |
| Major Anchor Projects | Medicity, Education City, IT City, Eco City Series |
| Road Network | 60-m arterial + 45-m collector + 30-m primary roads |
The Eco City story is one of the most compelling real estate narratives in Punjab - full of ambition, setbacks, lessons and ultimately, a triumphant comeback. Let us walk through each phase so you can appreciate why GMADA's move to launch Eco City 4 is such a momentous step.
Launched in 2011, GMADA Eco City-1 was the first plotted residential scheme of its kind in New Chandigarh. It was developed over 400 acres (419 acres to be precise) across villages of Mullanpur Garibdas, Ferozepur, Bhrojian, Devinagar and Ratwara. The scheme offered 836 residential plots (later revised to approximately 863 plots) of sizes ranging from 100 to 500 square yards.
The response was nothing short of historic - approximately 1,60,000 applications flooded in for those 836 plots, making it one of the most oversubscribed government housing schemes in North India's history. The land was acquired entirely under the Land Pooling Scheme, meaning no farmer was displaced. Development was executed by M/s Larsen & Toubro Ltd at a total project cost of Rs. 151 crores, with Rs. 50 crores spent on roads, public health, electrical and horticultural services in the first phase. Today, Eco City-1 is a fully liveable township with residents having already built homes and settled in.
Riding on the success of Eco City-1, GMADA moved forward with Eco City-2, developed over 387 acres in Hoshiarpur and Takipur villages. The two phases together - Eco City-1 and Eco City-2 - now span approximately 806 acres and represent a combined infrastructure investment of over Rs. 275 crores. Eco City-2 is also liveable as of the date of this writing, with both internal and external development works completed.
In a landmark development in late 2025, GMADA announced the Eco City-2 Extension scheme, covering 96 acres in Hoshiarpur village. This extension scheme offers 153 residential plots (135 of 1 Kanal and 18 of 2 Kanal) and 68 commercial plots at a draw-based allotment price of approximately Rs. 60,000 per square yard. This means a 1 Kanal (500 sq. yd.) plot is available at approximately Rs. 3 crore through the draw scheme - a fraction of the Rs. 9 crore that similar plots commanded at open market auction.
| Category | Plot / Property Type | Approximate Price / Rate (2026) |
|---|---|---|
| Residential | 100 sq. yards | Rs. 1.20 – 1.60 crore |
| Residential | 200 sq. yards | Rs. 2.00 – 2.80 crore |
| Residential | 300 sq. yards | Rs. 2.50 – 3.50 crore |
| Residential | 500 sq. yards (1 Kanal) | Rs. 4.50 – 9.00 crore (auction/resale) |
| Residential | 1000 sq. yards (2 Kanal) | Rs. 9.00 – 13.00 crore (resale) |
| GMADA Draw Price (Eco City-2 Extn.) | Residential Plot Rate | Rs. 60,000 per sq. yd. (~Rs. 3 Cr for 1 Kanal) |
| Commercial | SCO | Price varies by location & size |
| Commercial | Showroom (100 sq. yd.) | Rs. 3.50 – 5.75 crore |
These figures represent verified market data compiled from 99Acres, MagicBricks and local brokerage networks as of mid-2026. Prices are subject to change and should be verified before any transaction.
Here is a story that reads like a thriller - and one that every serious investor must understand before drawing their own conclusions about Eco City 4.
GMADA's Eco City-3 project, first announced in 2016, was planned across approximately 750 acres in nine villages - Rasulpur, Salamatpur, Dhode Majra, Takipur, Rajgarh, Majra, Kartarpur, Kansala and Hoshiarpur - all falling in Kharar Sub-Division. The project was designed to offer residential, commercial and institutional properties, continuing the successful Eco City template.
But fate had other plans. In 2020, amidst the COVID-19 pandemic, GMADA scrapped land acquisition for Eco City-3 citing a combination of fund shortages, poor farmer response to the land pooling scheme and the inability to obtain a government extension for the acquisition deadline. The project stood denotified and in limbo for years.
The revival came slowly but surely. By 2023–2024, with the real estate market in New Chandigarh heating up significantly and the Punjab AAP government taking a renewed interest in urban development, the Eco City-3 project began showing signs of life. GMADA initiated fresh acquisition proceedings for the 750-acre project. In a significant policy shift, Punjab scrapped the contentious Land Pooling Policy 2025 and reverted to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 - a proven, transparent framework - for acquiring land for Eco City-3, the Aerotropolis extension and low-density housing in Mullanpur.
Even as Eco City-3's acquisition gathers pace, the Punjab government has already moved forward with the planning and initiation of Eco City-4 - acquiring more than 526 acres for yet another residential township in New Chandigarh.
This willingness to plan ahead - sometimes even before the previous phase is complete - reflects both the Punjab government's confidence in New Chandigarh's growth trajectory and the sheer scale of housing demand building up in the tricity region.
In what is being seen as one of the most bullish signals for New Chandigarh's real estate in recent years, the Punjab government has formally initiated the process to acquire more than 526 acres of land for a new residential township - GMADA Eco City 4 - in the Mullanpur area. This move comes even as Eco City-3, its predecessor, is still in the process of completing land acquisition and development.
Think about it for a moment. When the government announces a new phase of GMADA Eco City before the previous phase is delivered, it is making a very loud statement: demand is so robust, the pipeline so strong and the vision so clear, that there is simply no time to wait. New Chandigarh is not a sleepy suburban extension - it is a city-in-making that is actively eating up land in the best possible way.
The 526+ acres earmarked for GMADA Eco City 4 will follow the same successful model as its predecessors: a government-backed, transparently planned plotted township with a mix of residential plots, commercial sites, institutional spaces, green areas, parks and civic amenities. For potential buyers, this means more GMADA plots in New Chandigarh will be available in the coming years - but those who act during the early phases of a new township consistently extract the maximum appreciation.
Based on GMADA's established township model and the direction of its current planning, GMADA Eco City 4 in New Chandigarh is expected to include:
The acquisition is being processed under the Right to Fair Compensation and Transparency in Land Acquisition Act, 2013 - the same transparent legal framework being applied to Eco City-3. This ensures legal clarity, fair compensation to farmers/landowners and a smooth progression from acquisition to development.
One of the most humane and innovative aspects of the GMADA township model is the Land Pooling Scheme, which has been the backbone of Eco City-1 and Eco City-2 development. Under this scheme, farmers do not merely receive cash compensation and walk away - they become stakeholders in the township's success.
As per the Land Pooling Policy, for every acre of land pooled, the landowner is entitled to:
In Eco City-1 and Eco City-2, approximately 525 acres were procured through land pooling, while cash compensation (ranging from Rs. 1.3 crore to Rs. 1.36 crore per acre, with later revisions to Rs. 1.8 crore to Rs. 2.4 crore per acre in Eco City-3 villages) was paid for the remaining land. This dual mechanism ensures that farming communities not only get fair payment but also participate in the value creation that urban development generates.
The Punjab government has now reverted to the 2013 Land Acquisition Act for forth coming acquisitions, including GMADA Eco City-4, which provides even stronger legal protections and compensation mechanisms for landowners. This includes mandatory Social Impact Assessments (SIA), enhanced market-rate compensation and rehabilitation norms - all designed to make the process more transparent and farmer-friendly.
Let us take a step back and look at the bigger picture. Why are so many homebuyers, NRIs and institutional investors suddenly converging on New Chandigarh Eco City plots in Mullanpur? The answer lies in a perfect storm of fundamentals that rarely align so precisely:
New Chandigarh is literally next door to Chandigarh - one of India's highest quality-of-life cities, home to PGI (one of the country's best public hospitals), Punjab University and the High Court. The 200-foot, six-lane road connecting New Chandigarh to Chandigarh's core means you can commute in under 20 minutes. No other township near Chandigarh offers this proximity.
The GMADA expressway connecting New Chandigarh to Baddi (Himachal Pradesh's industrial hub) and Anandpur Sahib is a game-changer for connectivity. Combine this with a planned Metro station near the proposed 25-acre Transport Terminal, the upcoming Medicity (hospital city spread over 125+ acres), Education City and the IT corridor and you have an ecosystem of opportunity forming around every residential plot.
GMADA is a statutory authority of the Punjab government. Its projects are approved under RERA (Real Estate Regulatory Authority), transparent in their allotment processes (draw-based for residential, auction-based for commercial) and legally watertight. In an era plagued by builder defaults and delayed private projects, a GMADA address is as safe as real estate gets in India.
Consider this: plots in GMADA Eco City-1, allotted at prices around Rs. 21,000 per sq. yard in 2011–2013, are today trading in the secondary market at prices that reflect a 3x to 5x appreciation over 12–15 years. Eco City-2 plots, similarly allotted at comparable prices, are seeing 300–400% appreciation in resale values. Those who bought early - who saw what was coming - are today sitting on life-changing returns.
"History rewards those who recognize growth before the crowd does. New Chandigarh's Eco City story has proven this truth more than once."
Beyond numbers, there is an emotional dimension to New Chandigarh that statistics cannot fully capture. Imagine waking up every morning to the sight of the Shivalik Hills on the horizon, a park just steps from your door, clean air, planned roads with green buffers and a city that was built with your quality of life in mind - not as an afterthought, but as its very founding principle. This is what GMADA's New Chandigarh township promises and what makes eco city plots in Mullanpur New Chandigarh unlike any other offering in the region.
It would be a mistake to see GMADA Eco City in isolation. The Greater Mohali Area Development Authority is simultaneously developing an entire constellation of specialised townships, each feeding the other's growth:
| Township / Project | Nature / Status |
|---|---|
| Eco City 1 & 2 | Residential – Fully developed, liveable |
| Eco City-2 Extension | Residential – Launched 2025, draw-based allotment |
| Eco City-3 | Residential – Acquisition in progress (750 acres, 9 villages) |
| Eco City-4 | Residential – Acquisition initiated (526+ acres) |
| Aerotropolis | Mixed-use near Chandigarh Airport – 5,400+ acres |
| Knowledge City / IT City | Tech & Knowledge Hub – Near Chandigarh Airport |
| Medicity | Healthcare City – 125+ acres, Mullanpur |
| Education City (Edu City) | University / School Hub |
| Expo City | Exhibition & Convention |
| Low Density Housing, Mullanpur | Villas / Low-rise – 300 acres, acquisition ongoing |
Each of these projects adds a layer of utility and value to its neighbours. The resident of an Eco City plot in New Chandigarh will have access to world-class hospitals in Medicity, top universities in Education City, job opportunities in IT City and Knowledge City and global connectivity from Aerotropolis - all within the same planned township corridor. This is what urban planners call synergy and it is why the entire township in New Chandigarh is widely seen as a once-in-a-generation investment opportunity.
This is the question on every serious investor's mind. And the answer, based on verified data and ground realities, is nuanced but broadly positive - especially for those with a medium-to-long-term horizon.
No investment is without risk and GMADA plots are no exception. The history of Eco City-3's repeated delays - COVID-19, farmer disinterest, funding gaps and policy changes - should serve as a reminder that planned township timelines can shift. Buyers of plots in Eco City-3 or Eco City-4 at the pre-allotment or LOI stage should be prepared for a medium-to-long holding period of 3–7 years before full possession and infrastructure delivery. Always verify the current acquisition status, LOI authenticity and RERA registration before committing any funds.
Navigating a GMADA plot purchase can feel complex, but the process is actually more transparent than most private developer transactions. Here is a simplified guide:
In 2026, standing at the threshold of GMADA's Eco City 4 announcement, one thing is abundantly clear: New Chandigarh is no longer a promise - it is a living, breathing reality that is expanding faster than anyone anticipated. GMADA's decision to initiate the acquisition of 526+ acres for Eco City 4 even before Eco City-3 has seen full development is not a sign of impatience or poor planning - it is a sign of confidence. Confidence in the demand, confidence in the vision and confidence in New Chandigarh's irreversible rise.
For homebuyers who have been sitting on the fence, wondering whether GMADA plots in New Chandigarh are worth the investment - the government has answered that question by voting with its own plans. When the state of Punjab chooses to allocate over 526 acres for yet another Eco City even before completing the previous one, the signal could not be louder. GMADA Eco City is not a phase - it is a movement.
From the very first plot allotted in Eco City-1 in 2011 to the latest acquisition notification for Eco City 4, this story has always been about one thing: building a better future for the people of Punjab and the tricity region. A planned township in New Chandigarh where green spaces are not an afterthought but a founding principle, where farmers are not displaced but made partners and where every road, every park and every utility line is part of a coherent, government-backed master plan. GMADA's Eco City in New Chandigarh is that rare confluence of ambition, planning and execution that defines generational real estate opportunity.
Whether you are looking for new chandigarh eco city plots to build your dream home, exploring GMADA Eco City 2 plots for a high-appreciation investment, keeping an eye on the evolving Eco City-3 project or positioning early for Eco City 4 - the time to act, understand and engage is now. The planned township in New Chandigarh is writing a story that will be told for generations. Make sure you are a part of it.
Disclaimer & Sources
All information in this blog is sourced from verified government and credible media publications as of June 2026, including GMADA's official website (gmada.gov.in), The Tribune India, Hindustan Times and verified real estate market data. Plot prices mentioned are indicative market-level estimates and are subject to change. Readers are advised to verify current GMADA notifications and consult a legal/financial advisor before making any property investment. Homziio does not endorse any specific GMADA project or offer investment advice.
Jun 09, 2026Looking for the best areas to buy property in Mohali in 2026? From IT City in Sector 82 to affordabl...
May 28, 2026The Tribune Special: HC stay halts Zirakpur-Panchkula bypass over tree felling has shaken the Tricit...
May 27, 2026Looking for a 3BHK under 1 crore in Mohali? Mohali, also known as SAS Nagar, is emerging as Punjab’s...

Hi there! How can we help you today?