GMADA launches e-auction of 42 prime plots in Mohali from Jan 14 to Feb 11, 2026

GMADA launches major e-auction of commercial, residential and institutional plots in Mohali

Chandigarh:
The Greater Mohali Area Development Authority (GMADA) has announced a large-scale e-auction of prime land parcels across Mohali, reinforcing the city’s position as North India’s leading investment destination. The e-auction process will be conducted from January 14 to February 11, 2026, through a fully online and transparent bidding mechanism.

According to GMADA officials, the auction includes a diverse mix of commercial, residential, institutional, industrial and mixed-use sites, strategically located with 10–15 minute connectivity to major city hubs, the international airport and the railway station.

Bidding for the properties can be done through the official portal https://puda.enivida.com.

Wide range of properties on offer

The e-auction covers multiple categories aimed at developers, institutional investors and end users. These include:

• 12 SCO/Retail sites, with reserve prices starting from ₹3 lakh per square metre

• 7 mixed land-use sites, priced from ₹34.05 crore per acre

• 2 group housing sites, with base prices beginning at ₹29.24 crore per acre

• 4 hospital sites, starting at ₹12.86 crore per acre

• 3 hotel sites, with reserve prices from ₹26.31 crore per acre

• 7 residential plots, starting at ₹85,000 per square metre

• 2 institutional/educational sites, priced from ₹7.09 crore per acre

• 1 petrol pump site, with a reserve price of ₹15.14 crore per acre

• 4 industrial/IT sites, starting at ₹12.04 crore per acre

Flexible payment options and bidder incentives

GMADA has also announced investor-friendly payment terms, including structured payment plans of up to three years. To encourage wider participation, special incentives have been introduced for successful bidders.

Under the scheme, allotment will be granted on payment of 10% of the bid amount (cess applicable separately). Additionally, bidders opting for lump-sum payment of the remaining amount within 120 days of allotment will be eligible for a 15% rebate.

Loans, support and official communication

Several leading banks, including SBI, ICICI Bank, HDFC Bank and Punjab National Bank, have been empanelled to facilitate financing for buyers.

GMADA has clarified that any corrigendum or extension related to the e-auction will be announced only on the official e-auction portal, and bidders are advised to rely solely on authorised channels.

Further details are available via email at invest.gmada@punjab.gov.in, on the Invest Punjab website https://investpunjab.gov.in/invest-mohali/, or through the toll-free number 18001800062.

The initiative aligns with the Punjab government’s broader push to attract investment and strengthen Mohali’s standing as a preferred destination for commercial and real estate development.