Long-awaited EWS housing project finally begins in Mohali

25 Jul 2023 CW Team

After almost a decade of delays, the housing society project aimed at providing homes for the economically weaker section (EWS) has finally commenced in Mohali. The Greater Mohali Area Development Authority (GMADA) has taken a significant step forward by appointing a consultant for the project.

The groundwork for this initiative was laid when the Punjab EWS Housing policy was notified by the state cabinet in August 2021. As per this policy, GMADA will employ brickless technology to construct the houses. In the initial phase, 5,000 dwelling units will be built under the supervision of GMADA's chief administrator, Rajiv Gupta.

To ensure efficient execution of the project from start to finish, a public sector undertaking of the Government of India was recently selected as the project management consultant (PMC). The PMC will handle all aspects of the project, including the development of a web portal for application submissions, market demand analysis, close monitoring of construction activities, ensuring high-quality standards, and overseeing the handover to the respective Resident Welfare Associations (RWA).

The EWS housing policy, which received cabinet approval on March 9, 2021, outlines the construction of a total of 25,000 EWS houses. These houses will be constructed by the Special Urban Planning and Development Authorities, falling under the purview of the housing and urban development department. Under the policy, GMADA will only charge the construction cost for the flats, excluding the land cost, making it affordable for EWS families.

In total, GMADA has plans to construct 22,000 EWS flats, and for this purpose, the authority has already acquired 230 acres of land. Progress is underway as a consultant has been hired to prepare blueprints, and the Detailed Project Report (DRP) is ready. The estimated cost of the entire project is currently being calculated, based on the policy that was already approved by the Punjab cabinet in 2021.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..