Punjab's Economic Future Takes Flight as GMADA Opens Bidding for Massive Airport City Development

The Greater Mohali Area Development Authority announced on July 10, 2025, that it had officially opened the bidding process for developers interested in the ambitious Aerotropolis City project. The strategic township, positioned near the Chandigarh International Airport in Mohali, represents a cornerstone initiative in GMADA's comprehensive master plan designed to enhance urban infrastructure and draw substantial investment to Punjab's rapidly evolving economic corridor.

Massive Scale Development Spanning Over 5,000 Acres

Officials revealed that the Aerotropolis City would encompass over 5,350 acres and follow a phased development approach. The project incorporates a comprehensive mix of residential, commercial, industrial, and institutional land uses. The township's strategic positioning near the airport and major highway networks positions it to become a pivotal business and lifestyle destination for the broader region, similar to how Navi Mumbai Airport projects are transforming Maharashtra's economic landscape.

Transparent Auction Process for Developer Selection

GMADA indicated that the bidding initiative aims to identify qualified developers capable of undertaking infrastructure development and real estate construction across various designated plots within different land use categories. Authority representatives emphasized that land parcels would be allocated through a transparent e-auction mechanism to ensure competitive participation among interested parties.

Smart City Features and Sustainable Development Focus

The project's key characteristics include expansive road networks, underground utility corridors, extensive green spaces, and a strong emphasis on sustainable urban development principles. GMADA is positioning Aerotropolis City as a modern smart city initiative specifically designed to accommodate future population growth and meet economic demands in the Tricity region. This approach mirrors successful Aerocity development projects that have transformed urban landscapes across India.

Industry Participation and Timeline Details

The authority plans to share the final date for bid submissions and other critical timelines through GMADA's official portal. Officials have encouraged interested builders, corporations, and infrastructure firms to participate in shaping this landmark development near Mohali. The project represents a significant opportunity for major real estate companies to expand their presence in Punjab's growing market.

The Aerotropolis City initiative underscores Punjab's commitment to creating world-class infrastructure that can support both local economic growth and attract international investment to the region.

Disclaimer: This news article has been compiled from publicly available information and official announcements. Readers are advised to verify details with official sources and consult relevant authorities before making any investment or business decisions. The information provided is for general awareness purposes only and should not be considered as investment advice.