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HomeNewsIndustry NewsLudhiana civic body to e-auction of prime properties on September 18

Ludhiana civic body to e-auction of prime properties on September 18

To generate revenue, the fund-starved municipal corporation will e-auction some of its prime properties located in various parts of the city. This is for the first time that the civic body will take the online route for sale of properties.

The e-auction, which will also help check participants’ gathering, will be held on September 18 and the registrations from September 1 to September 15.

MC officials said, “Many properties are of no useful purpose, as civic body does not have development funds. So, it is better to sell these. At least, these will help MC generate funds.”

Vacant plots opposite Keys Hotel for shop-cum-offices, those in Jamalpur Awana, on the rear of Kailash Cinema and in Bearing Market on Old GT Road will be auctioned.

MC superintendent Rajiv Bhardwaj said, “The entire information is uploaded on MC portal. Residents can also meet me at Zone D for redressal of queries. Other departments have already switched over to online auction.”

Zonal commissioner Kulpreet Singh said, “Earlier auction was held before 2017 and it was manual. For the first time, we will organize it online.”

Months ago, Ludhiana Improvement Trust as well as Greater Ludhiana Area Development Authority had introduced e-auction in the district.


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