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In a major initiative to strengthen educational infrastructure in Mohali , the Greater Mohali Area Development Authority (GMADA) has announced the e-auction of three premium educational plots for establishing K-12 and Senior Secondary schools . The authority has invited online applications from educational institutions, trusts, societies, and other eligible organizations under its Educational Plot Allotment Policy 2025 .
The online auction will follow a two-stage Technical and Financial Bid system , ensuring a transparent and competitive allotment process.
GMADA has identified three strategically located plots across Mohali for the development of modern educational institutions.
| Location | Plot Size | Reserve Price |
|---|---|---|
| Sector 77, Mohali | 2.50 Acres | ₹23.74 Crore |
| Sector 79, Mohali | 2.00 Acres | ₹20.71 Crore |
| Sector 66 (Beta, IT City) | 4.10 Acres | ₹48.53 Crore |
The combined reserve value of these three educational plots stands at ₹92.98 crore .
The authority has released the complete timeline for the online bidding process.
| Event | Date & Time |
|---|---|
| Online Bidding Starts | 10 July 2026, 12:00 PM |
| Last Date for Online Bidding | 10 August 2026, 12:00 PM |
| Technical Bid Evaluation | After bid submission closes |
| Financial Bid Opening | Date to be announced separately for qualified bidders |
GMADA has invited participation from eligible organizations, including:
Applicants must comply with the eligibility conditions specified under the GMADA Educational Plot Allotment Policy 2025 .
According to the authority, the plots can be used only for establishing K-12 and Senior Secondary Schools . No other commercial or institutional use will be permitted.
The initiative aims to promote high-quality educational infrastructure in Mohali while supporting the city's growing residential and IT population.
GMADA will conduct the allotment through a Technical and Financial Bid mechanism .
The process includes:
This system is designed to ensure fairness, accountability, and equal opportunity for all eligible participants.
Interested applicants must submit their bids through the Punjab e-Procurement Portal by following the prescribed online procedure.
Applicants should carefully review:
Detailed instructions are available on the official GMADA website and the Punjab e-Procurement portal.
Why This Auction Matters
Mohali continues to emerge as one of Punjab's fastest-growing education and IT destinations . With rapid urban expansion and increasing residential development, demand for quality schools has risen significantly.
By auctioning these dedicated educational sites, GMADA aims to encourage the establishment of modern schools , improve access to quality education, and strengthen the city's long-term educational ecosystem.
