Public notice Regarding draw of Commercial SCO's and Bay shops of Aerocity and list of LOI Holders.

Overview of the Public Notice

This public notice, published on August 1, 2025, details the draw results for commercial Shop-cum-Offices (SCOs) and bay shops in Aerocity, along with the list of Letter of Intent (LOI) holders. This marks a significant step in developing commercial spaces to enhance economic activities in the region.

Geography of Aerocity

Aerocity is a planned commercial and residential development within the Greater Mohali Area Development Authority (GMADA) region, strategically located between Mohali and Chandigarh. Designed to foster commercial growth, Aerocity features major thoroughfares linking it to key sectors and infrastructure. The area is characterized by meticulously designed sectors and essential amenities, promoting a vibrant community that attracts diverse business activities.

History and Development of Aerocity

Since its inception, Aerocity has been central to GMADA's initiatives aimed at converting agricultural land into structured urban zones. The recent draw for SCOs and bay shops continues these efforts, building on previous initiatives to enhance the area's commercial viability. Over the years, Aerocity has transformed from agricultural origins into a bustling urban center, offering diverse commercial options. Multiple prior notices related to commercial development in Aerocity reflect GMADA's commitment to systematic planning and sustainable urbanization.

Significance of the Draw Event

The draw for commercial SCOs and bay shops in Aerocity embodies GMADA's vision for urban development and economic rejuvenation. This event is expected to stimulate investment and business activities, improving overall infrastructure and services in the area. The allocation of these commercial properties is anticipated to create local jobs and enhance services, aiming to attract various business sectors and establish Aerocity as a commercial hub.

Practical Details for LOI Holders

This public notice provides essential details for LOI holders regarding their next steps following the draw. Interested parties should refer to the detailed list of LOI holders included in the attached PDF document, which is 728.8 KB in size and available for download. LOI holders must follow specific procedures to proceed after this notice, clarified through official channels. For inquiries, contacting the relevant GMADA authority is recommended. Prospective buyers or investors interested in Aerocity's commercial options should stay informed about upcoming notices and opportunities through GMADA.

For more information and complete details, click on “Open Original Document” to view the official source.