Chandigarh, (Gurpreet) Punjab Housing and Urban Development Minister Mr. Aman Arora said that the general Budget for FY 2023-24 tabled by Finance Minister Advocate Harpal Singh Cheema has envisioned to develop world class planned townships to cater to rising urbanization in the state.
As per the commitment of Chief Minister S Bhagwant Mann to ensure planned development equipped with state-of-the-art amenities in urban areas, the Urban Development Authorities have been mandated to come up with new townships under their jurisdiction, said Mr. Arora.
Greater Mohali Area Development Authority (GMADA) is developing a new Urban Estate over an area of 1,600 acres at SAS Nagar (Mohali) for development of residential, commercial and industrial plots. Apart from this, the acquisition process for setting up Urban Estates over an area 1,000 acres in New Chandigarh under the name of Eco City-3 has also been started, he added.