GMADA Aerotropolis Mohali: pockets, LOI talk and an investor checklist

Aerotropolis is GMADA’s airport-city plan: a large, phased territory near Chandigarh International Airport, bigger than the Aerocity blocks many families already visit. Search interest is high because the word sounds like the next Aerocity. It is not a synonym. Some pockets have an active secondary-market conversation. Others are still in acquisition and are not a product you can treat as a weekend plot visit.

What people mean by an LOI

In this market, a letter of intent is widely described as GMADA’s document to an allottee confirming a preferential right to a plot in the scheme. Secondary buyers sometimes purchase that position before a full conveyance and before a finished street exists. You are stepping into someone else’s place in a process. That can be legitimate, and it can also be a piece of paper with dues, disputes or a pocket that is not as tradable as the seller claims. A property lawyer should read it. A reel should not.

Why pocket letters matter

Independent trackers in early October 2026 were quoting indicative secondary-market residential LOI bands — not GMADA allotment prices — roughly like this: Pocket A around ₹50,000–₹57,000 per sq. yd., Pocket B around ₹40,000–₹43,000, Pocket C around ₹38,000–₹41,000, and Pocket D around ₹37,000–₹40,000, with commercial talk higher in each. Later pockets have been described as acquisition-stage, where there may be no proper resale market at all. If your seller cannot name the pocket and show why it is transferable today, stop.

Checklist before any token

1. Pocket, plot size and whether GMADA currently allows transfer of this position.
2. All dues, and who pays the next instalment or enhancement.
3. What you will own today versus what you hope to own after possession.
4. A written view from your lawyer and, if you need a loan, from a lender who has seen this scheme before.
5. A reason you want Aerotropolis rather than a finished Aerocity or Eco City plot. “It is cheaper per yard” is not a reason until the risks are priced.

SSP Realty will discuss Aerotropolis with investors who want the airport-city thesis and accept a longer, less certain path. We will not dress a later pocket up as a ready Aerocity plot. If that distinction is the thing you came to check, you are asking the right question.