Continuing the tradition of holding e-auction every month, Punjab Government’s various development authorities would put up its several properties for e-auction on August 1.
The state Housing and Urban Development Department’s spokesperson on Wednesday said that an e-auction would start at 9 am on August 1 (Thursday).
While, e-auction for properties under jurisdiction of Greater Mohali Area Development Authority (GMADA), Greater Ludhiana Area Development Authority (GLADA), Jalandhar Development Authority (JDA), Amritsar Development Authority (ADA) and Bathinda Development Authority (BDA), would conclude on August 13, while auction of properties under jurisdiction of Patiala Development Authority (PDA) would conclude on August 14.
The spokesperson said the Authorities are giving an opportunity to those who are interested in purchasing properties of the nature of industrial, commercial or residential. “Those looking for an industrial plot will have the chance to own the same near Chandigarh as GMADA is offering IT industrial plots situated in its IT City project near the Mohali International Airport besides offering industrial plots situated in Rajpura,” said the spokesperson.
“Apart from this, institutional properties such as two hotel sites located in IT City, SAS Nagar and one in Sector 32-A, Chandigarh Road, Ludhiana, a petrol pump site in New Chandigarh, a commercial chunk site of SAS Nagar and a school site and commercial chunk site both situated in New Urban Estate, Batala would be available for bidding in the e-auction,” added the spokesperson.
Spokesperson said that smaller commercial establishments, like SCOs, booths, SCFs, double storey shops, built-up booths, SCSs, workshop sites and residential plots, have also been listed for bidding. The sites and plots, being offered in the e-auction, are located in different cities across the State, so the bidders would have the choice to own the property of their interest as well as location, said the spokesperson adding that more details can be accessed at www.puda.e-auctions.in.
The spokesperson said that the e-auction would be successful like the previous auction conducted in the month of July, in which the Authorities cumulatively had earned revenue amounting approximately to Rs 72 crore.