The Greater Mohali Area Development Authority (GMADA) has reopened the e-auction for 227 flats in the Purab Premium Apartments project, located in Sector 88, Mohali. This marks the third attempt to sell these units, following previous auctions in September 2023 and earlier, which did not meet expectations.
Location: Sector 88, Mohali, Punjab
Project Name: Purab Premium Apartments
Developer: Greater Mohali Area Development Authority (GMADA)
Total Flats in Current Auction: 227 units
Auction Period: May 10 to May 19, 2025
| Apartment Type | Configuration | Reserve Price | Eligibility Fee |
|---|---|---|---|
| Type-1 | 1 BHK | ₹60 lakh | ₹5 lakh |
| Type-2 | 2 BHK + Servant Room | ₹89 lakh | ₹5 lakh |
| Type-3 | 3 BHK + Servant Room | ₹1.12 crore | ₹7.5 lakh |
Successful bidders are required to deposit 10% of the bid amount immediately. An additional 25% must be paid as per GMADA's payment schedule to take possession of the flat.
Prospective buyers should be aware of certain issues associated with the project:
Fire Safety Compliance: The project lacks a fire no-objection certificate (NOC), raising safety concerns.
Environmental Violations: In July 2024, the Punjab Pollution Control Board (PPCB) restricted GMADA from continuing construction or selling flats due to environmental violations. The National Green Tribunal (NGT) has criticized GMADA for proceeding without mandatory clearances.
Despite the concerns, the project's location offers several benefits:
Proximity to Key Landmarks:
International Airport, S.A.S Nagar
Indian School of Business, S.A.S Nagar
Botanical Garden, S.A.S Nagar
City Park, YPS Chowk, Airport Road
Judicial Court Complex, S.A.S Nagar
These amenities enhance the living experience and may contribute to the property's long-term value.
For more information and to participate in the e-auction:
GMADA Official Website: gmada.gov.in
Public Notice on E-Auction: Purab Premium Apartments E-Auction Details
E-Auction Policy Document: E-Auction Policy PDF
While the Purab Premium Apartments offer modern amenities and a strategic location, potential buyers should carefully consider the ongoing environmental and safety issues. It's advisable to consult with legal and real estate professionals before making a purchase decision.