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Latest real estate updates in Punjab for today

🏘️ Punjab Land-Pooling & Banur Master Plan

  • The Punjab government is proposing amendments to the Banur Master Plan, aiming to convert agricultural land into residential zones around Banur. Local gram panchayats and villagers have requested this change to accommodate growing housing demand, and public objections are currently being invited
  • In Mohali, GMADA is actively acquiring land—planning to purchase around 2,600 acres to curb unauthorized colonies and is proposing an ₹800/sq yard reduction in enhancement charges for sectors 76–80

🏢 Smart Campus Coming to Mohali

  • Daftar.com, an AI-powered commercial real estate platform, has partnered with Shivalik to develop a new smart corporate campus in Mohali. The collaboration will integrate advanced power automation and control systems for a state-of-the-art workspace

⚖️ Parkview Residences Handover

  • A court in Mohali has directed the developer of Parkview Residences (Sector 66, Bestech) to hand over maintenance responsibilities to the Resident Welfare Association by July 23. This landmark decision reinforces homeowners’ rights under the Punjab Apartment Ownership Act

🏗️ Broader Real Estate Context

  • The state is also actively pursuing a land-pooling policy, which aims to streamline urban development by consolidating land parcels
  • The Punjab RERA chief’s seat remains vacant, which could affect regulation and approvals in the sector

🔍 Summary Table

TopicKey Update
Land zoning (Banur)Agricultural-to-residential conversion under public review.
Mohali land strategyGMADA land acquisition & charge reductions for growth control.
Smart corporate campusDaftar.com–Shivalik partnership for Mohali smart workspace.
Parkview maintenanceCourt-mandated handover to RWA by July 23.
Policy/regulatory environmentLand-pooling expansion & vacant RERA chief post.

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