Not a official announcement but some one posted it on his blog.
http://property-indian.blogspot.com/2010/07/aerocity-draw-of-lots-for-aerocity-in.html
Greater Mohali Area Development Authority (GMADA) will hold a draw of
lots for the allotment of residential plots in its first independent
integrated township, Aerocity, in the first week of August and refund
the money to the unsuccessful candidates by the first week of
October.
Process of Draw
Initially, the draw of lots will be conducted for the allotment of
3,800 plots, for which around 3 lakh applications have been received,
while a separate draw of lots will be conducted to allot 200 plots
reserved for victims of riots and terrorism.
Pay on Allotment
on receiving the final list of applicants from the banks, it will be
posted on GMADA website for the information of applicants, who may
point out errors, if any, for rectification before draw of lots.
Letters of intent will be issued to the successful applicants
immediately after the draw of lots, giving them 30 days' time for the
deposit of 15 per cent of the allotted plot’s total price. On expiry
of this time limit, the unsuccessful applicants will be considered for
the plots surrendered by the successful applicants. For this, a
waiting list in order of seniority will be drawn to the extent of five
per cent of the total number of plots available under each category
and the plots so made available will be offered to the applicants in
the waiting list in order of merit.
Aerocity
Coming up on around 800 acre, the Aerocity project would also include
hotels, convention, exhibition and exposition halls, aviation academy,
logistics facilities, offices for aircraft companies and aircraft
catering and kitchen facilities. Aerocity will be spread between
sectors 66-A and Chhat village up to National Highway-64 (Zirakpur) in
the vicinity of the upcoming international airport of Mohali.
Rate Lower Than Prevailing Market price
As GMADA is offering plots at the rate of Rs 12,000 per square yard,
much below the existing market price of Rs 35,000-40,000 per square
yard, the scheme of launching the first residential urban estate in
Mohali has got an overwhelming response. There are 4,000 plots on
offer as part of the project.
3,00,000 Application recieved
For the allotment of 3,800 plots,around 3 lakh applications have been
received. GMADA has received over Rs 7,000 crore on account of earnest
money deposited by applicants under the Aerocity scheme
On Aug 2, 1:42 pm, Ranpreet Singh <
ranpreetsi...@gmail.com> wrote:
> It seems the List would be published during 3rd/4rth week of August and the
> Draw would be between mid through end of September.
>
> This is another speculation only. Let's see when we have official
> announcement.
>
> Thanks
>
> On Mon, Aug 2, 2010 at 5:17 PM, Ashwani Garg <
ashu.garg1...@gmail.com>wrote:
>
>
>
> > Dear Tarun,
>
> > Presently there is no official news about the draw of the project. All are
> > speculations, so just wait to have official news from GMADA
>
> > Thanks,
> > A.Garg
>
> > On Mon, Aug 2, 2010 at 4:53 PM, Tarun <
atarunar...@gmail.com> wrote:
>
> >> I am really wondering what will be the final date of draw? In the
> >> beginning it was been told that it may happen in July end, then first
> >> week of August and now, there are voices of September even some one is
> >> talking about Diwali, which is first week of November?
> >> So much confusion is going on i wonder which to believe?
>
> >> Tarun.
>
> >> --
> >> You received this message because you are subscribed to the Google
> >> Groups "Aerocity" group.
> >> To post to this group, send email to
aero...@googlegroups.com
> >> To unsubscribe from this group, send email to
> >>
aerocity+u...@googlegroups.com<aerocity%2Bunsubscribe@googlegroups.com>
> >> For more options, visit this group at
> >>
http://groups.google.com/group/aerocity?hl=en
>
> > --
> > Thank you!!
>
> > Best Regards,
> > Ashwani Garg.
>
> > --
> > You received this message because you are subscribed to the Google
> > Groups "Aerocity" group.
> > To post to this group, send email to
aero...@googlegroups.com
> > To unsubscribe from this group, send email to
> >
aerocity+u...@googlegroups.com<aerocity%2Bunsubscribe@googlegroups.com>
> > For more options, visit this group at
> >
http://groups.google.com/group/aerocity?hl=en- Hide quoted text -
>
> - Show quoted text -