GMADA Eco City-2 Extension Finally Moves Toward Launch
After a long wait, the Greater Mohali Area Development Authority (GMADA) is set to launch the Eco City-2 Extension scheme in February 2026. This project has quite the backstory. That delay has kept buyers, brokers, and investors paying close attention to every official announcement. Now, the plan looks clearer: the township will be situated in New Chandigarh, specifically in Hoshiyarpur village, and it promises a new wave of plotted development in the area.
What the Scheme Offers
The extension scheme covers 96 acres and is designed as a mixed-use project, including both residential and commercial spaces. The key numbers are straightforward yet significant:
- 135 one-kanal residential plots
- 18 two-kanal residential plots
- Commercial sites to be auctioned
- Plot price set at ₹5,500 per square yard
Residential plots will be allotted through a draw of lots, while commercial properties will be available via auction. This split is crucial as it ensures transparency in the residential process while allowing GMADA to secure market value for the commercial aspect.
Why the Project Matters
This is more than just another launch. GMADA has acquired 717 acres across nine villages for broader development in New Chandigarh, which shifts the conversation. The Eco City-2 Extension operates within a much larger planning framework that includes residential, commercial, and institutional development. Simply put, this is part of a broader urban expansion and not just a standalone project.
Buyers can see the advantages easily, like planned infrastructure, regulated development, and a location that continues to attract families and professionals looking for long-term stability. Investors view it from another angle. Limited plots, government-fixed pricing, and the trust of a known township brand can create strong demand as soon as the scheme launches.
The Bigger Picture for Buyers
A launch following a 13-year delay can have mixed results. It creates pent-up demand but also raises expectations. Buyers should keep an eye on the final brochure, eligibility criteria, application timeline, and readiness of infrastructure before making a choice. In real estate, timing plays a crucial role, but paperwork and site planning often determine the outcome.
Key Takeaways
- GMADA aims for a February 2026 launch
- Scheme delayed for nearly 13 years
- Situated in New Chandigarh’s Hoshiyarpur village
- Residential plots priced at ₹5,500 per sq. yd.
- Commercial sites will be sold by auction
As GMADA advances the project, Eco City-2 Extension could turn into one of the most anticipated plotted schemes in the Mohali market. The demand is already present. The launch, at long last, could bring everything together.