2 Acre Commercial Plots for Sale in Aerocity, Mohali

Listing ID #1486629

This is a highly lucrative opportunity suitable for luxury hospitality, commercial development, or branded projects


* Authority: Greater Mohali Area Development Authority
* Land Type: Freehold
* Ownership: Legally held by the Firm as per official records
* Encumbrance: Nil free from all charges, liens, and litigation
* Documentation:
* Auction Notice, Allotment & Confirmation Letters




2. Land Use & Zoning

* Approved Use: Hotel / Hospitality with 25% commercial approved (pre-approved by GMADA)
* Zoning: As per Master Plan
* Development Norms: Governed by GMADA bylaws & approved layout
* Compliance: Fully aligned with applicable GMADA regulations



3. FAR & Development Potential

* Permissible FAR: As per GMADA norms (1.76 lakh sq. ft. indicative)
* Additional FAR: unlimited Subject to payments as GMADA policy
* FAR Treatment: Basement, parking & service floors excluded, 03 service floors allowed.
* Height Clearance: Subject to NOC from Airports Authority of India (if applicable)



4. Approvals & Legal Status

* Environmental Clearance: Not applicable as per Auction and allotment letter as it is sanctioned approved site as per Master plan (subject to project scale)
* Statutory Approvals: Fire, Pollution, etc. at project stage
* Litigation: None
* Government Claims: None land is clear and undisputed



5. Transaction & Development

* Registry: Immediate upon agreed payment terms
* Possession: Post receipt of 25% payment + premium
* Development Rights: Construction permitted as per GMADA schedule
* Lock-in: No lock-in.


6. Valuation

* Based on GMADA auction (March 2026)
* Reserve price, final bid & comparables to be shared during meeting


Positioning Insight (for investors)

* Plug-and-play hospitality land with zero land-use risk
* Located in a high-growth ChandigarhMohali corridor near international Airport (7 mins)
* corner site (3 side open).
* Suitable for luxury / upper-upscale hotel development or branded residences