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Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Repair Windows errors before they cause bigger problemsFix Now →Scan for outdated or missing drivers - takes under a minuteDriver Scan →Punjab has cancelled concessions and a dues waiver worth nearly Rs 40 crore for a Sector 62, Mohali, commercial site allotted to Delhi-based Remigate Buildestates (India) Private Limited. The October 15, 2026 order follows an Enforcement Directorate investigation into the allotment and the subsequent relief approved by the Greater Mohali Area Development Authority (GMADA).
What the Punjab order changed
Principal Secretary Vikas Garg, acting as revisional authority, issued a 19-page order dated October 15, 2026. It dismissed Remigate Buildestates’ revision petition, rescinded GMADA’s appellate order of February 5, 2026, and reversed the concessional instalment rescheduling granted in December 2025.
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The practical effect is that the company no longer has the disputed relief from non-construction charges and related dues. GMADA must now recalculate the amount payable under the original allotment terms, subject to credit for payments already made.
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Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →The decision followed scrutiny of a concession approved after GMADA’s 34th authority meeting in February 2026. That meeting, chaired by Punjab Chief Secretary KAP Sinha, had concluded that almost Rs 40 crore in non-construction charges was not justified because the site was allegedly not free from encumbrances. The Punjab Finance Department had objected before the concession was approved.
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The Sector 62 site and Remigate’s payment record
The dispute concerns a 1.13-acre food-court plot in Sector 62, Mohali. GMADA auctioned the site to Remigate for Rs 32.50 crore in September 2015. The company deposited 20% at the outset and later paid an instalment of Rs 9.87 crore.
| Item | Recorded figure | Context |
|---|---|---|
| Site | 1.13 acres | Food-court site in Sector 62, Mohali |
| Auction price | Rs 32.50 crore | September 2015 allotment |
| Later instalment | Rs 9.87 crore | Paid after the initial 20% deposit |
| Amount due | Rs 6.46 crore | Due on September 1, 2026 |
| Payment by October 13, 2026 | About Rs 2.46 crore | Left an approximately Rs 4 crore shortfall |
According to the authority’s account, Remigate stopped paying instalments in 2016 and did not substantiate claims that it had deployed major capital or mobilised engineering teams. Construction began only after plinth or DPC approval in March 2021 and was later abandoned. The unpaid balance cited in the order is separate from the concessions that have now been withdrawn.
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Why the site’s condition is disputed
Remigate’s objections
Remigate argued that GMADA had not delivered an encumbrance-free property. Its objections included inadequate road access, lack of water, a sewerage line crossing the plot, delayed statutory clearances and insufficient civic infrastructure. The company relied on those conditions to challenge non-construction charges and seek rescheduling of its instalments.
GMADA’s engineering findings
GMADA engineering reports reached a different conclusion. They said the plot could be accessed through adjoining roads and that sewerage and stormwater drainage were available along a nearby 100-foot road. The conflicting technical accounts were central to whether the concession was justified; the revisional order has now rejected the relief that depended on it.
What the Enforcement Directorate is examining
Summons and search operations
The Enforcement Directorate summoned GMADA Chief Engineer Ajay Garg, former Chief Engineer Sunil Kansal and then Land Acquisition Officer Hardeep Singh in August 2026. The agency sought records under the Prevention of Money Laundering Act, 2002. It also carried out a three-day search at GMADA in September.
Alleged land-pricing losses
ED reporting has alleged that reserve prices for unsold land parcels may have been manipulated, creating a potential loss of nearly Rs 10,000 crore to GMADA and the Punjab government. Separate reports have put the alleged benefit connected with the Remigate waiver between Rs 40 crore and Rs 57 crore. These figures are investigative allegations, not final findings by a court or adjudicating authority.
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What happens to the food-court plot now
The order sets out a payment and enforcement sequence rather than an immediate resumption of the site.
- GMADA must calculate principal, regular interest, penal interest and non-construction fees, while crediting Remigate’s recorded payments.
- It must send the company an itemised statement within two weeks.
- Remigate will have one month to clear the recalculated dues.
- If the dues remain unpaid, GMADA may begin site-resumption and forfeiture proceedings after issuing the required statutory notice and giving a reasonable opportunity of hearing.
Until that process is completed, the allotment is not automatically forfeited. The immediate change is the loss of the concession and the return to a dues calculation that includes the charges previously waived or rescheduled.
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Why the decision matters
The case places a high-value commercial allotment, stalled construction and GMADA’s concession-making process under simultaneous administrative and money-laundering scrutiny. It also illustrates why the final financial exposure cannot be inferred from the headline Rs 40 crore figure alone: the amount payable will depend on GMADA’s itemised calculation of principal, interest, penalties and construction-related charges, followed by any response or payment from Remigate.
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