Mohali, Dec. 25 -- The Greater Mohali Area Development Authority (GMADA) on Wednesday announced the award of land compensation for land acquired from nine villages in Mohali for its ambitious Eco-City 3 project in New Chandigarh, marking a crucial step towards the implementation of the long-pending development plan.

GMADA has acquired around 717 acres of land for the project, which will be used for the development of residential, commercial and institutional properties in New Chandigarh. The land has been acquired from nine villages - Hoshiyarpur, Rasulpur, Takipur, Dhode Majra, Majra, Salamatpur, Kansala, Rajgarh and Kartarpur.

As per the award announced by the authority, compensation rates vary across villages. Landowners in Rasulpur ...