After having missed several deadlines in the past years, the new ISBT (Inter-state Bus Terminal) cum commercial complex in Mohali is finally expected to be operational by July 31, 2016. Initiated by Greater Mohali Area Development Authority (GMADA), the project will be completed by a Delhi based company under PPP (Public Private Partnership) at Phase VI, SAS Nagar adjacent to Verka Chowk in NH-21.
Sweeping 7 acres, the terminus will be the first to be a fully air conditioned bus terminal in the tri-city region. Surely the road connectivity will be redefined in the region, but the terminus also beckons for many astonishing features. Hotel, 20-storey office cum commercial tower, nine screen multiplex and food court with 60 shops will be part of the whole development.
The 4 floor bus-terminal will allow entry for buses from Phase 1, where as the exit point will be at the Verka Plant side. There will be 14 counters for passengers to collect tickets without hustles and bustles. The complex will have an ample car parking space of 2,000 cars. Initially the project was estimated to be completed at Rs 335 Crores, but the cost escalated to Rs 500 Crores.
The road connectivity will be improved towards the northern part of Punjab, Himachal Pradesh and Jammu Kashmir. According to the words of the construction company official, the project will have the capacity to handle around 1,900 trips on a daily basis. Once the project is completed the presently operating Phase 8 terminal will be halting its operations.