Gmada Sites’ E-auction From Oct 15, Real Estate News, ET RealEstate
MOHALI: 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.
