Mohali, June 9 -- Over 30,000 residents of Mohali's Sectors 76 to 80 may finally get some respite as the Greater Mohali Area Development Authority (GMADA) has proposed to slash the enhancement charges by Rs.800 per square yard.

The rate, previously pegged at Rs.3,164 per square yard, will be revised to Rs.2,364, if approved.

But for residents, who have waited over a decade on tenterhooks, this relief feels like too little, too late.

In 2013, the rates ranged from Rs.700 to Rs.850 per square yard, depending on plot size - nearly three to four times lower than the amount being sought now, due to accumulating interest.

The root of allottees' suffering lies in GMADA's decade-long lapse.

Enhancement charges refer to the additional compens...