Amritsar Development Authority invites applications for the allotment of 428 Residential Plots in Aero City. Aero City is situated on Amritsar Ajnala Road, Opposite Guru Ram Das Airport Village Heir & Meerakot Amritsar.
It is a new scheme launched by Amritsar Development Authority & registrations for the scheme has been started from 15 May 2015 & last date of application submission for plots in Aero City is 19 July 2015.
Under the scheme 7 size (150 square yard, 175 square yard, 200 square yard, 225 square yard, 250 square yard, 275 square yard, 300 square yard) of plots are available for registration which are available at the rate of Rs. 15,000/- per square yard. The price of plots under the scheme would be charged as the actual measurement.
Details of Plots Available in Aero City Amritsar:
|Size of plot
|Number of Plots||Rate Per Sq.Yd (In Rupees)||Tentative Price
How to Apply: Application forms cum brochure are available at the authorized bank branches & can be purchased by paying Rs. 200/-. Application form can also be obtained through post by making the payment of Rs. 225/- in the shape of Demand Draft which will be submitted in favor of Estate Officer ADA, Amritsar.
The duly filled applications form will be submitted in the concern bank branches mentioned in the application/brochure. No documents are to be submitted with the application form. However self certification in the application form is a must.
Mode of Payment: The applicant will deposit 10% earnest money of the total tentative cost of the plot along with the applications form and 15% amount within 30 days after the receipt of LOI. The balance 75% in six equal installment along with 12% interest, 1st installment in payable after six months after the issue date of allotment letter, Balance 75% amount can also be paid with 60 days within interest and a rebate of 5% will be given.
50% (214) plots are reserved for the applicants of demand survey of 2015-16 who applied under the AERO City. The amount deposited along with the survey application will be adjustable on successful allotment. To become eligible for allotment the applicants shall have to submit fresh application. For more details & terms and conditions refer application form/ brochure.
For being eligible to be considered for the allotment, the applicant should be:
- A citizen of India (Except NRI Category)
- He/She must have attained the age of majority i.e. 18 years as on date of submission of application.
- He/She or his/her spouse or any minor child (less than 18 years) does not own any residential plot/house/flat (except ancestral property) in Urban Estate at ADA/PUDA /Improvement Trust or any Govt. agency in the City/Town.
- The applicant under reserve category must not have availed benefit of allotment of apartment/ house / Flat under any reserved category in any scheme of any Government agency anywhere in the country.
|List of applicants to be displayed on the notice board/website||08.07.2015|
|Objections/Corrections to be intimated by applicant||24.07.2015|
|Display of Final list of applicant||10.08.2015|
|Draw of Lots to be held on||20.08.2015|
|Submission of documents by those uccessful in the draw of lots and those appearing in the waiting list||05.09.2015|
|LOI to be dispatched by PUDA||21.09.2015|
|25% of price of the plot to be deposited by||20.10.2015|
Apply Online | Brochure | ADA Amritsar Official Website
For more detail visit the official website of Amritsar Development Authority.