ET Realty Industry reported on September 16, 2026, that GMADA has postponed a public hearing on increased plot prices in Mohali’s IT City to September 29. Plot owners had raised questions about the proposed charges and the cost of land acquisition.
What happened
GMADA officials could not clarify the land acquisition costs raised by plot owners. The public hearing has therefore been rescheduled for September 29. GMADA will also issue outstanding certificates to plot owners.
Why it matters
The hearing will address plot owners’ questions about the justification for the increased IT City plot prices and the proposed charges. The land acquisition cost is one of the issues awaiting clarification.
Expert view
For plot owners, the September 29 hearing is the stated forum for seeking clarity on the proposed charges and land acquisition costs. The outstanding certificates are also relevant to owners whose documents have not yet been issued.
What buyers should check
Existing and prospective plot buyers should check the details of the proposed charges, the explanation on land acquisition costs and the status of outstanding certificates. They should also track the public hearing scheduled for September 29.
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