The Greater Mohali Area Development Authority (GMADA), a Punjab Government undertaking, has announced an extensive e-auction of 156 premium properties in SAS Nagar (Mohali) and New Chandigarh. The auction spans a diverse range of property types, from residential plots and shops to large-scale commercial and institutional sites.
The e-auction will begin on August 1, 2025, at 12:00 PM and will conclude on August 18, 2025, at 12:00 PM, providing interested bidders over two weeks to participate.
A total of 156 properties will be auctioned in this round, categorized as follows:
| Property Type | No. of Properties | Starting Price (in ₹) |
|---|---|---|
| SCOs, Booths & Shops | 99 | 83 lakh onwards |
| Residential Plots | 21 | 1.55 crore onwards |
| Petrol Pump Site | 1 | 21.62 crore |
| Hotel Sites (8 regular + 1 budget) | 9 | 73 crore onwards |
| School Sites (5 regular + 1 preparatory) | 6 | 22 crore onwards |
| Commercial Sites | 6 | 64.58 crore onwards |
| Mixed Use Sites | 6 | 238 crore onwards |
| Group Housing Sites | 2 | 374 crore onwards |
| Mixed Use/Commercial Sites | 7 | 280 crore onwards |
Allotment will be done upon payment of 10% of the bidding amount.
Additional charges such as applicable cesses will be levied on top of the winning bid.
A 15% rebate on the balance amount is available if full payment is made within 120 days from the date of allotment.
To ensure a transparent and secure bidding process, GMADA has implemented the following procedures:
Bidders must verify themselves using either OTP-based or Digital Signature Certificate (DSC)-based login.
Bidding can only be conducted using GPS-enabled devices.
NEFT/RTGS payments should be initiated at least 24 hours before the auction closes to ensure timely reconciliation and participation.
Any corrigendum, update, or extension related to the auction will be communicated only via the official auction portal.
Auction Website: https://puda.enivida.com
Toll-Free Number: 1800-1800-062
Email: office@puda.gov.in
This auction presents a rare opportunity for real estate developers, business owners, and investors to acquire prime land parcels in two of Punjab’s most sought-after regions—SAS Nagar (Mohali) and New Chandigarh. Whether for commercial expansion, residential development, or institutional infrastructure, the diversity in property types caters to a wide range of interests.
Total Properties: 156
Auction Duration: August 1 to August 18, 2025
Location: SAS Nagar & New Chandigarh
Minimum Price Range: ₹83 lakh to ₹374 crore
Rebate: 15% on full payment within 120 days
For those looking to unlock new investment opportunities in Punjab, this GMADA e-auction could very well open “the doors of fortune” as the campaign tagline suggests.