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Gmada to e-auction 49 properties from October 15

Rajiv Kumar Gupta, chief administrator, Greater Mohali Area Development Authority, said the authority has decided to e-auction sites for group housing and schools, and commercial plots besides SCOs/SCFs and booths.

The Greater Mohali Area Development Authority (Gmada) will offer around 49 properties in an e-auction starting from October 15 to 30.Rajiv Kumar Gupta, chief administrator, Greater Mohali Area Development Authority, said the authority has decided to e-auction sites for group housing and schools, and commercial plots besides SCOs/SCFs and booths.

All the properties on offer are in developed sectors/urban estates falling under jurisdiction of the development authority.“We are offering a wide range of properties as the festive season commences with Navaratras.“It is the most appropriate time to bid for a property of one’s choice,” said the Gmada chief administrator.

Possession of the sites would be handed over to the allottees on deposit of 25% payment of the bidding amount, said the chief administrator.

Bidders will be required to register themselves on portal https://puda(dot)e-auctions(dot)in, said Gupta, adding the bidders shall have to pay the refundable/adjustable earnest money online.

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