IEP Chandigarh, January 12
To mark the festivities of Lohri, Jalandhar Development Authority (JDA) and Punjab Urban Planning & Development Authority will conduct an e-auction of residential, commercial, chunk and group housing sites from January 13 at 9AM. The e-auction would conclude on January 31 at 1PM.
Giving details, an official spokesperson of the Housing & Urban Development Department revealed that sites put on e-auction are situated in various localities of Jalandhar, Hoshiarpur, Kapurthala, Mukerian and Sultanpur Lodhi. Total of 151 sites comprising 82 residential plots, 67 commercial properties such as SCO, SCF, SCS, booths etc., a chunk and a group housing site are up for grabs in the e-auction, he added.
The minimum bidding price for residential plots has been kept at Rs. 13.89 lac and Rs. 15.43 lac would be the starting price for the commercial properties. The commercial chunk has been priced at Rs. 14.22 crore. This site measuring approx. 1115 sq. mtr. is situated on Kapurthala road, Jalandhar. The group housing site of size around 12017 sq. mtr. is located in Chotti Baradari, Part-2, Jalandhar and the reserve price of this site is Rs. 87.97 crore, informed the spokesperson.
The possession of the group housing site will be handed over on 20% payment of the final bidding price and of the rest of the sites on 25% payment. Interested bidders can get the details pertaining to the sites offered on the e-auction portal www.puda.e-auctions.in, the spokesperson said further.
