(Chd,Pb) 7 Authorities Start Property’s E Auction Process in Punjab
PUDA and other special development authorities (GMADA, PDA, GLADA, ADA, JDA & BDA) put up various properties situated across the state on e-auction from 9.00 AM on November 1, 2019.
While the e-auction of properties offered by Greater Ludhiana Area Development Authority, Bathinda Development Authority, Jalandhar Development Authority and Amritsar Development Authority would conclude on November 11, 2019 and the auction of properties offered by Greater Mohali Area Development Authority and Patiala Development Authority would close on November 14, 2019.
Big chunks being offered in the auction and those falling under jurisdiction of GMADA include two hotel sites located in IT City, Sector 66-B, a petrol pump site of Medicity, New Chandigarh, a group housing site at IT City, Sector 66-B, a nursing home /dispensary site in Sector 89 and a commercial chunk of Sector 68, SAS Nagar.
Jalandhar Development Authority has decided to auction a hospital site located at Basti Sheikh, Jalandhar & a hotel site situated at chotti Baradari, Jalandhar. Amritsar Development Authority is auctioning a commercial chunk located in New Urban Estate, Batala.
Besides above properties, commercial sites (booths, SCO, SSS, SCF, shop sites, double storey shops) and residential plots located in different cities viz. Mohali, Patiala, Ludhiana, Jalandhar, Bathinda, Amritsar, Phillaur, Malout, Rajpura, Sangrur, Gurdaspur, Batala, Nabha & Amargarh would also be available in the e-auction.
Tag: E Auction of Property
7 Authorities Start Property’s E Auction Process in Punjab
Punjab E-auctioned Commercial Properties for Rs. 54.51 Crore
[Chd,Pb] Punjab E-auctioned properties for Rs. 54.51 crore
PUDA & other special development authorities viz. GMADA, PDA, JDA, GLADA, ADA & BDA earned revenue amounting to Rs. 54.51 crore by auctioning IT industrial plots and commercial properties including a multiuse site, SCOs, SCFs, booths, shops, double storey shops and residential plots situated across the state. The e-auction had started on 01 September 2019.
Divulging the details, a spokesperson said that Greater Mohali Area Development Authority (GMADA) successfully auctioned IT industrial plots situated at IT City besides auctioning SCOs and residential plots situated in different sectors of SAS Nagar. From the auction of these properties
GMADA earned an amount of Rs. 24.89 crore. He further said that from the auction of various OUVGL properties (optimum Utilization of vacant Government Lands),
PUDA received an amount of Rs. 20.31 crore.
“Revenue to the tune of Rs. 2.60 crore by Patiala Development Authority (PDA),
Rs. 3.90 crore by Greater Ludhiana Area Development Authority (GLADA),
Rs. 1.43 crore by Bathinda Development Authority (BDA),
Rs. 85.50 lac by Amritsar Development Authority (ADA) and
Rs. 53.38 lac by Jalandhar Development Authority (JDA) was received from the auction of properties falling under jurisdiction of these development authorities, he added”.
The Spokesperson informed that Properties auctioned are situated in Patiala, Ludhiana, SAS Nagar, Jalandhar, Bathinda, Amritsar, Gurdaspur, Batala & Malout.
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