{"id":3054,"date":"2015-11-06T02:35:41","date_gmt":"2015-11-05T21:05:41","guid":{"rendered":"http:\/\/www.theteamwork.com\/articles\/?p=3054"},"modified":"2015-11-06T20:00:07","modified_gmt":"2015-11-06T14:30:07","slug":"2016-1462-gmada-purab-premium-apartments-scheme-earnest-money-finance","status":"publish","type":"post","link":"https:\/\/www.theteamwork.com\/articles\/2016-1462-gmada-purab-premium-apartments-scheme-earnest-money-finance.html","title":{"rendered":"GMADA Purab Premium Apartments Scheme &#8211; Earnest Money Finance"},"content":{"rendered":"<p><strong>Banks Financing of Earnest Money for the GMADA Purab Premium Apartments Scheme<\/strong><\/p>\n<p>Mohali (Punjab, India), November 06, 2015<\/p>\n<p>The Greater Mohali Area Development Authority (GMADA) had launched a 4,500 residential flats scheme in Sector-88, Mohali in Punjab.<\/p><div data-ad-id=\"8601\" style=\"text-align:left; margin-top:px; margin-bottom:px; margin-left:px; margin-right:px;float:none;\" class=\"afw afw-ga afw_ad afwadid-8601  \">\r\n                                                                <script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><ins class=\"adsbygoogle\" style=\"background:none;display:inline-block;width:300px;height:600px\" data-ad-client=\"ca-pub-7798450846111448\" data-ad-slot=\"6557536103\">\r\n                                                                <\/ins>\r\n                                                                <script>\r\n                                                                        (adsbygoogle = window.adsbygoogle || []).push({});\r\n                                                                <\/script>\r\n                                                                \r\n                                                        <\/div>\n<p>Registration or subscription for the GMADA Purab Premium Apartments scheme was open for the eligible applicants from December 12, 2011 to January 21, 2012.<\/p>\n<p><strong>GMADA Residential Flats in Sector-88, Mohali: Earnest Money Deposit Scheme<\/strong><\/p>\n<p>Several public and private sector banks were financing the Earnest Money Deposit (EMD) for the Greater Mohali Area Development Authority\u2019s residential flats scheme in Sector-88, Mohali (Punjab) to the Indian citizens who wanted to apply for the GMADA flats.<\/p>\n<p>The banks were charging 11 to 15 percent per annum as the tentative rate of interest for the GMADA Purab Premium Apartments Earnest Money Deposit Scheme. In the Earnest Money Deposit Scheme, the banks offer total or 100% finance of the earnest money required to be deposited with the application form.<\/p>\n<p>For the Earnest Money Deposit Scheme, the banks were entertaining only those applicants, who fulfilled all the terms and conditions that Greater Mohali Area Development Authority had framed for the GMADA Purab Premium Apartments scheme.<\/p>\n<p><a href=\"http:\/\/www.theteamwork.com\/articles\/2016-1451-greater-mohali-area-development-authority-purab-apartments-scheme.html\"><strong>Greater Mohali Area Development Authority &#8211; Purab Apartments Scheme<\/strong><\/a><br \/>\nGreater Mohali Area Development Authority &#8211; Purab Premium Apartments Scheme<\/p>\n<p><a href=\"http:\/\/www.theteamwork.com\/articles\/2016-1062-greater-mohali-area-development-authority-plans-projects.html\"><strong>Greater Mohali Area Development Authority &#8211; Plans and Projects<\/strong><\/a><br \/>\nGreater Mohali Area Development Authority &#8211; Current and Past Plans, Policies, Projects, and Schemes<\/p>\n<p><a href=\"http:\/\/www.theteamwork.com\/articles\/2016-1129-punjab-urban-planning-development-authority-plans-projects.html\"><strong>Punjab Urban Planning and Development Authority &#8211; Plans and Projects<\/strong><\/a><br \/>\nPunjab Urban Planning and Development Authority \u2013 Current and Past Plans, Policies, Projects, and Schemes<\/p>\n<p><a href=\"http:\/\/www.theteamwork.com\/articles\/2016-2029-punjab-government-plans-policies-projects.html\"><strong>Punjab Government &#8211; Plans, Policies, and Projects<\/strong><\/a><br \/>\nGovernment of Punjab &#8211; Current and Past Residential Plans, Policies, Programs, Projects, and Schemes<\/p>\n<p><a href=\"http:\/\/www.theteamwork.com\/articles\/2016-2001-indian-government-plans-policies-projects.html\"><strong>Indian Government &#8211; Plans, Policies, and Projects<\/strong><\/a><br \/>\nGovernment of India \u2013 Current and Past Residential Plans, Policies, Programs, Projects, and Schemes<\/p>\n<div data-ad-id=\"8684\" style=\"text-align:left; margin-top:px; margin-bottom:px; margin-left:px; margin-right:px;float:none;\" class=\"afw afw-ga afw_ad afwadid-8684  \">\r\n                                                                <script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><ins class=\"adsbygoogle\" style=\"background:none;display:inline-block;width:336px;height:280px\" data-ad-client=\"ca-pub-7798450846111448\" data-ad-slot=\"2905808847\">\r\n                                                                <\/ins>\r\n                                                                <script>\r\n                                                                        (adsbygoogle = window.adsbygoogle || []).push({});\r\n                                                                <\/script>\r\n                                                                \r\n                                                        <\/div><\/p>","protected":false},"excerpt":{"rendered":"<p>Several public and private sector banks were financing Earnest Money Deposit (EMD) for Greater Mohali Area Development Authority\u2019s flats scheme in Sector-88, Mohali. Last date to apply for GMADA Purab Premium Apartments scheme was on January 21, 2012.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[2638,2631,2643,2636,2642],"class_list":["post-3054","post","type-post","status-publish","format-standard","hentry","category-punjab-government","tag-gmada-apartments-scheme","tag-gmada-earnest-money-finance","tag-gmada-premium-apartments","tag-gmada-purab-premium-apartments","tag-gmada-scheme"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GMADA Purab Premium Apartments Scheme - Earnest Money Finance - Articles<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theteamwork.com\/articles\/2016-1462-gmada-purab-premium-apartments-scheme-earnest-money-finance.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GMADA Purab Premium Apartments Scheme - Earnest Money Finance - Articles\" \/>\n<meta property=\"og:description\" content=\"Several public and private sector banks were financing Earnest Money Deposit (EMD) for Greater Mohali Area Development Authority\u2019s flats scheme in Sector-88, Mohali. Last date to apply for GMADA Purab Premium Apartments scheme was on January 21, 2012.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.theteamwork.com\/articles\/2016-1462-gmada-purab-premium-apartments-scheme-earnest-money-finance.html\" \/>\n<meta property=\"og:site_name\" content=\"Articles\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-05T21:05:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-11-06T14:30:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.theteamwork.com\/articles\/wp-content\/uploads\/2019\/12\/teamwork.gif\" \/>\n\t<meta property=\"og:image:width\" content=\"226\" \/>\n\t<meta property=\"og:image:height\" content=\"53\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"Om Vishnu Bishnoi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@theteamw\" \/>\n<meta name=\"twitter:site\" content=\"@theteamw\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Om Vishnu Bishnoi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GMADA Purab Premium Apartments Scheme - Earnest Money Finance - Articles","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.theteamwork.com\/articles\/2016-1462-gmada-purab-premium-apartments-scheme-earnest-money-finance.html","og_locale":"en_US","og_type":"article","og_title":"GMADA Purab Premium Apartments Scheme - Earnest Money Finance - Articles","og_description":"Several public and private sector banks were financing Earnest Money Deposit (EMD) for Greater Mohali Area Development Authority\u2019s flats scheme in Sector-88, Mohali. Last date to apply for GMADA Purab Premium Apartments scheme was on January 21, 2012.","og_url":"https:\/\/www.theteamwork.com\/articles\/2016-1462-gmada-purab-premium-apartments-scheme-earnest-money-finance.html","og_site_name":"Articles","article_published_time":"2015-11-05T21:05:41+00:00","article_modified_time":"2015-11-06T14:30:07+00:00","og_image":[{"width":226,"height":53,"url":"https:\/\/www.theteamwork.com\/articles\/wp-content\/uploads\/2019\/12\/teamwork.gif","type":"image\/gif"}],"author":"Om Vishnu Bishnoi","twitter_card":"summary_large_image","twitter_creator":"@theteamw","twitter_site":"@theteamw","twitter_misc":{"Written by":"Om Vishnu Bishnoi","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.theteamwork.com\/articles\/2016-1462-gmada-purab-premium-apartments-scheme-earnest-money-finance.html#article","isPartOf":{"@id":"https:\/\/www.theteamwork.com\/articles\/2016-1462-gmada-purab-premium-apartments-scheme-earnest-money-finance.html"},"author":{"name":"Om Vishnu Bishnoi","@id":"https:\/\/www.theteamwork.com\/articles\/#\/schema\/person\/f374d368393522341e8fb047b101a0fa"},"headline":"GMADA Purab Premium Apartments Scheme &#8211; 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