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Business
GMADA to Raise ₹15,000 Crore for Mohali Development and Land Acquisition
✍️ Amar Ujala · Mohali
🗓 24 Jun 2026, 10:01 PM
👁 2
The Greater Mohali Area Development Authority (GMADA) plans to raise ₹15,000 crore to fund crucial city development projects and land acquisition initiatives in Mohali.
The Greater Mohali Area Development Authority (GMADA) is set to mobilize a substantial sum of ₹15,000 crore. This significant financial undertaking is aimed at bolstering the development of the city and facilitating land acquisition processes.
The funds will be instrumental in driving various urban infrastructure projects and acquiring land necessary for future expansion and planned development within the Mohali region. This move signifies a major push towards enhancing the urban landscape and ensuring planned growth.
This financial strategy by GMADA underscores its commitment to the long-term development and strategic land management for the burgeoning city of Mohali.
The funds will be instrumental in driving various urban infrastructure projects and acquiring land necessary for future expansion and planned development within the Mohali region. This move signifies a major push towards enhancing the urban landscape and ensuring planned growth.
This financial strategy by GMADA underscores its commitment to the long-term development and strategic land management for the burgeoning city of Mohali.