Gamada Purab is all set to launch 550 flats in Phase II of Premium Apartments, ET Real Estate

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Mohali: Greater Mohali Area Development Authority (gamadais all set to launch the second phase of Purab Premium Apartment Project with allotment of 550 apartments. Gamada officials said that about a month has been given to submit the applications as the scheme will open on June 30 and close on July 31.

Rajeev Kumar GuptaThe GMADA chief administrator said the authority is offering a total of 550 apartments, including 130 Type-I apartments (one-BHK) priced at Rs 54 lakh, 200 Type-II (2-BHK) priced at Rs 80 lakh and 220 Type-III. 3-BHK) Apartment Rs 1.01 cr.

The apartments being offered are ready to move in and the possession will be given to the allottees only after paying 25% of the total cost. All the apartments in the project are north-east facing and open on both the sides, thus, the occupants will enjoy cross ventilation and natural light throughout the day. The Purab Premium Apartments project is spread over 37 acres and is centrally located and easily accessible from the international airport, district administrative complex and renowned educational and health institutions.

Gupta said, “It is an already inhabited project as more than 650 families are living here and enjoy amenities like earthquake resistant construction, power backup, 24-hour water supply along with recreational facilities like yoga and meditation halls and sports. Taking. The project has also provided amenities such as lawn tennis court, skating rink, badminton court, basket ball court, volley ball court, all-weather swimming pool and many more.

Lead banks have been linked to the scheme for sale of scheme brochures as well as acceptance of application forms. Gupta said that the brochures can also be purchased from the Single Window Service Counter at Puda Bhawan, Sector 62, Mohali.

Notably in 2017, GMADA constructed 1,620 premium apartments of three types (Type-I, Type-II and Type-III) in Sector 88. Out of 1,620 units, 954 have already been allotted, out of which 590 have taken possession of their units. While the rest have either surrendered or have not been sold. The project consists of 27 towers with 60 flats. Around 700 flats are lying vacant in Purba Premium Apartments, ready to move in, out of which applications are being invited for 550 flats.

  • Published on June 27, 2023 at 02:00 pm IST

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