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Chandigarh: The State Agricultural Marketing Board, U.T. Chandigarh has announced an e-auction of 23 Shop-cum-Office (SCO) sites meant exclusively for fruits and vegetables trade at the New Grain, Fruit and Vegetable Market in Sector 39, Chandigarh . The properties will be offered on a leasehold basis through the Government of India's e-auction portal.
The SCO sites numbered 24 to 46 will be auctioned with a combined reserve price of Rs 122.08 crore . Each site has an approximate area of 100.23 square metres (119.874 square yards) and carries a reserve price of Rs 5.30 crore.
The e-auction process will begin with publication and online enrolment on September 1, 2026. Interested bidders must submit the required documents and EMD online within the prescribed schedule and participate in the auction through the designated government e-auction portal.
| Particular | Details |
|---|---|
| Authority | State Agricultural Marketing Board, U.T. Chandigarh |
| Property type | SCO Sites |
| Purpose | Fruits and vegetables trade only |
| Location | New Grain, Fruit and Vegetable Market, Sector 39, Chandigarh |
| Site numbers | 24 to 46 |
| Total sites | 23 |
| Area per site | 100.23 sq m approx. |
| Area per site | 119.874 sq yards approx. |
| Reserve price per site | Rs 5,30,80,207 |
| EMD per site | Rs 10,61,604 |
| Combined reserve price | Rs 122,08,44,761 |
| Combined EMD shown in schedule | Rs 2,44,16,892 |
| Tenure | 33 years, renewable twice for 33 years each |
| Auction mode | Online e-auction |
| Auction portal | Government e-Auction System |
All 23 SCO sites from Site No. 24 to Site No. 46 have the same approximate dimensions of 5.48 metres x 18.29 metres, giving an area of around 100.23 sq m or 119.874 sq yards.
Each site has been assigned a reserve price of Rs 5,30,80,207 , while the EMD specified in the property schedule is Rs 10,61,604.
| SCO Site Nos. | Dimensions | Approx. Area | Reserve Price | EMD |
|---|---|---|---|---|
| 24 to 46 | 5.48m x 18.29m | 100.23 sq m / 119.874 sq yd | Rs 5,30,80,207 each | Rs 10,61,604 each |
The total reserve price of all 23 sites is Rs 122,08,44,761.
Important: Site Nos. 24 and 46 are corner sites , for which 5% extra charges will be applicable. The stated site areas are approximate and may vary at the time of possession.
The auction schedule mentioned in the notice is as follows:
| Activity | Date and Time |
|---|---|
| Date of publication | September 1, 2026, 10:00 AM |
| Document/EMD submission and payment starts | September 1, 2026, 11:00 AM |
| Document/EMD submission and payment ends | September 22, 2026, 5:00 PM |
| Document/EMD approval starts | September 25, 2026, 9:00 AM |
| Document/EMD approval ends | September 26, 2026, 5:00 PM |
| E-auction starts | September 27, 2026, 10:00 AM |
| E-auction closes | September 29, 2026, 11:00 AM |
| Pre-bid seminar | September 7-8, 2026, 3:00 PM to 5:00 PM |
Interested bidders should complete enrolment, DSC registration, document uploading and EMD payment well before the respective deadlines.
According to the general terms and conditions, individuals who have attained the age of 18 years are eligible to participate.
The eligible categories include:
A site can also be jointly taken by more than one person. In such cases, the applicants must upload the prescribed Authorisation and Declaration specifying the names and respective shares of the persons in whose names the allotment letter is to be issued.
Bidders are required to upload scanned copies of the prescribed documents on the e-auction portal.
The documents include:
Applications containing incomplete documents can be rejected.
Bidders have to compulsorily enrol on the Government e-auction portal. No physical application will be entertained.
The registration process broadly requires bidders to:
Only one valid DSC should be registered by a bidder. Bidders are responsible for safeguarding their DSC and must not lend it to another person.
The terms state that an intending bidder must deposit refundable/adjustable earnest money of Rs 2 lakh or 2% of the reserve price, whichever is higher , through RTGS or NEFT.
For the listed SCO sites, the scheduled EMD is Rs 10,61,604 per property .
If a bidder wants to participate in the auction for more than one property, separate EMD must be deposited for each site.
The EMD of unsuccessful bidders will be refunded without interest within one month of the award of the bid to the successful bidder.
The successful bidder must deposit 25% of the bid amount after adjustment of the EMD , along with applicable GST on the full bid value/lease premium, within 48 hours from acceptance of the bid.
Failure to make the required payment within the prescribed period can result in forfeiture of the EMD.
After the 25% payment, an agreement for transfer of leasehold rights is to be executed with the successful bidder in the prescribed form within 30 days.
The remaining 75% of the consideration money has to be deposited in lump sum within 90 days from the date of approval of the bid contract.
Failure to pay the balance within the prescribed period can result in forfeiture of amounts already deposited, subject to the conditions specified in the auction terms.
The SCO properties are being offered on a leasehold basis.
The initial lease period will be 33 years . It can be renewed for two further periods of 33 years each , subject to compliance with the lease conditions.
This means the lease structure can extend up to 99 years , including the two renewals, subject to the terms and discretion of the State Agricultural Marketing Board.
The successful bidder will have to execute the lease deed after payment of the full consideration amount. Stamp duty and other registration-related expenses will be borne by the lessee.
In addition to the lease premium, the lessee will have to pay annual ground rent.
The rates specified in the terms are:
Applicable GST on ground rent will also have to be paid.
The ground rent becomes payable from the date of offer of physical possession, subject to the conditions mentioned in the auction terms.
The properties are specifically classified as Shop-cum-Office sites for fruits and vegetables in the Grain, Fruit and Vegetable Market, Sector 39, Chandigarh.
The permitted use is structured as follows:
The sites cannot simply be treated as general-purpose commercial properties; their use is subject to the specified zoning and trading-related conditions.
After taking possession, the lessee is required to construct the building within three years from the date of delivery of possession , according to the sanctioned plan and applicable Chandigarh regulations.
The construction must comply with the relevant provisions, including the Chandigarh Building Rules (Urban), 2017, Chandigarh Estate Rules and applicable zoning, architectural and building controls.
In specified circumstances, an additional opportunity may be provided to complete construction within an extended period, subject to payment of applicable penalty or extension charges.
The auction terms specify that bids and successive bids will be accepted in multiples of Rs 1 lakh.
A key feature of the auction is the automatic extension mechanism. If a bid is placed during the last five minutes of the auction, the closing time will automatically be extended by another five minutes. Further bids can result in repeated five-minute extensions.
The highest bidder at the closure of the auction process will be declared the successful bidder, subject to acceptance by the competent authority.
A bidder cannot withdraw or surrender a bid after placing it. If the bidder does so, the earnest money may be forfeited.
No bid below the prescribed reserve price will be accepted.
The Estate Officer, State Agricultural Marketing Board, Chandigarh, also retains the right to accept or reject bids or to adjourn, postpone or cancel the auction as specified in the terms and conditions.
A pre-bid seminar will be conducted on September 7 and September 8, 2026 , from 3:00 PM to 5:00 PM.
The seminar will be held at the office of the State Agricultural Marketing Board, Chandigarh , to provide training to intending bidders.
Bidders are advised to understand the e-auction procedure, technical requirements, payment process and property conditions before participating.
Interested bidders can check the layouts of different sectors and zoning/controls through the Urban Planning Department, Chandigarh website.
The detailed e-auction notice, property information, terms and conditions and bidder training material are available through the Government e-auction system.
Bidders should read the complete terms and conditions before registration, EMD payment and participation in the auction.
The Chandigarh SCO e-auction 2026 offers 23 leasehold commercial sites specifically intended for fruits and vegetables trade. With a reserve price of more than Rs 5.30 crore per site, the auction represents a significant commercial property opportunity in the Sector 39 market.
However, prospective bidders should note that the properties come with specific permitted-use restrictions, leasehold conditions, ground-rent obligations, GST and other statutory charges.
Site Nos. 24 and 46 will attract an additional 5% charge as corner sites. The site areas are also approximate and may vary at the time of possession.
Bidders must complete their online registration and EMD payment by September 22, 2026, at 5:00 PM , while the e-auction process is scheduled to close on September 29, 2026, at 11:00 AM , subject to automatic extensions triggered by last-minute bids.
For technical assistance, the notice provides the contact number 9888347326.
Official e-auction portal: Government eAuction System
Authority: Estate Officer, State Agricultural Marketing Board, U.T. Chandigarh
