Cancelling of 2015 allotment: GMADA acting ‘in haste’, ‘arbitrarily’, says builder

Against the September 2015 allotment of plot for ₹131 crore, WTC Chandigarh has already paid ₹108 crore to GMADA within the allowable time period extending to June 2026. Further, WTC Chandigarh has been regularly highlighting the discrepancies in their calculations and delay in grant of permission to mortgage (PTM) by GMADA against executed term sheets since 2022.
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