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E-auction of properties in Punjab from September 1

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Chandigarh, August 31, 2019 (Yes Punjab News)

Punjab Urban Development Authority (PUDA) & other Development Authorities of Punjab will hold the e-auction of properties from September 1, 2019. Properties offered would include institutional sites, commercial properties and residential plots situated across the state.

An official spokesperson said that while e-auction of PDA, GLADA, ADA, JDA & BDA would conclude on September 10, 2019, e-auction of properties offered by GMADA would come to an end on September 11, 2019.

Greater Mohali Area Development Authority is putting on auction a petrol pump site of Aerocity, two hotel sites situated on Airport road, Sector 66-B and IT/ITES (Information Technology Enabled Services) plots of IT City, SAS Nagar. Other than these, a commercial chunk of Sector 68 and SCOs, booths & residential plots situated in different sectors of SAS Nagar besides industrial plots situated in Rajpura would be available for bidding.

He further information that Patiala Development Authority has decided to offer a group housing site situated in Urban Estate, Phase-II, Part-2, Patiala and a multiuse commercial chunk situated on Nabha Road besides offering double storey shops, SCOs and residential plots situated in Patiala, Sangrur & Nabha.

The spokesperson said that Greater Ludhiana Area Development Authority has decided to put on auction residential plots, SCOs, shops etc. situated in Ludhiana. While Bathinda Development Authority would be offering various commercial properties and residential plots of Bathinda & Malout. Jalandhar Development Authority would be auctioning SCF, SCS and residential plots located in Jalandhar, Kapurthala, Phillaur & Sultanpur Lodhi. Properties on auction falling under jurisdiction of Amritsar Development Authority include a school site of new Urban Estate Batala, besides commercial booths, SCOs, shop sites of Amritsar & Gurdaspur.

He said that details pertaining to the properties offered in the e-auction such as usage, area, reserve price, location plan etc. shall be available on the e-auction portal before commencement of auction. For participating in the e-auction intending bidders shall be required to sign up on the e-auction portal and obtain user ID and password. Bidders shall be required to deposit refundable/adjustable eligibility fee through Net Banking/Debit Card/Credit Card/RTGS/NEFT.

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