GMADA borrows ₹2,500 crore from Punjab devp authorities to fast-track its key projects

GMADA official, privy to the development, said the loan will be paid back with interest within the stipulated time and the funds will be utilised for ongoing projects, including multiple blocks of Aerotropolis, Eco City-3, and land acquisition for Aerotropolis Extension, besides key sectors such as 87 and 103. GMADA official, privy to the development, said the loan will be paid back with interest within the stipulated time and the funds will be utilised for ongoing projects, including multiple blocks of Aerotropolis, Eco City-3, and land acquisition for Aerotropolis Extension, besides key sectors such as 87 and 103.