Ghaziabad development gets boost with property auction
Amid the rapidly expanding development activities and growing investment opportunities in Ghaziabad, the Ghaziabad Development Authority (GDA) has achieved a significant financial milestone through the auction of its properties.
The Authority conducted an auction of properties belonging to various categories on 7 September 2026 at Hindi Bhawan, Lohia Nagar, in which successful bids were received for a total of 10 properties.
The successful auction is expected to generate approximately `105.65 crore in revenue for the Authority. This achievement not only reflects the growing interest of investors in GDA properties but also clearly indicates the increasing demand for residential, commercial and institutional development in Ghaziabad’s rapidly evolving urban landscape.
The auction included one residential plot in Indirapuram Extension Scheme; one shop and one residential plot in Indirapuram Gyan Khand-3; one residential plot in Gyan Khand-2; one group housing plot and one primary school plot in Koyal Enclave; one community centre plot in Vaishali Sector-3; two shop plots in the UP Border (Chikamberpur) Scheme; and one constructed community centre in Brij Vihar Scheme.
The successful bids received for these properties demonstrate the continued strengthening of investor confidence in residential, commercial and institutional activities across Ghaziabad’s established as well as emerging growth areas. The entire auction process was conducted in a transparent, fair and competitive manner.
The GDA continues to work towards the effective and transparent disposal of its properties, while simultaneously focusing on the expansion of modern infrastructure and planned urban development across the city.
