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Mohali: Only 2 of 6 GMADA group housing sites draw buyers

The e-auction had started on April 13 that continued till 12 noon on Tuesday; two group housing sites in Mohali’s Wave Estate fetch development authority   ₹403.75 crore

The land put under auction was earlier meant for the economically weaker section but converted into residential group housing sites after the Punjab government approved a policy in February to e-auction such land across the state. (HT Photo)
Published on Apr 23, 2025 10:40 AM IST
By, Mohali

Greater Noida authority collects 1,500 cr from allotting 5 group housing plots

Dubai-based Shobha Ltd has bought a group housing plot for the first time to develop an ultra-luxury housing project. Godrej Properties has received two plots

The reserve price for these plots was in the range of <span class='webrupee'>₹</span>48,438 per square metre to <span class='webrupee'>₹</span>59,943 per square metre, said officials, adding that But applicants went on to place 128% higher bids against the reserve price. (HT Archive)
Updated on Aug 09, 2024 05:00 AM IST
By, Greater Noida

Chandigarh administration staring at losses this year too as 21 liquor vends remain unsold

In 2023, the department had failed to auction 18 liquor vends even after 20 rounds of auctions, resulting in a loss of nearly ₹150 crore.

The UT excise and taxation department will fall short of meeting its excise revenue targets this time too as it has been able to auction only 76 out of the total 97 liquor vends, despite slashing the reserve price by 17% in the last five rounds. (HT File)
Updated on Apr 22, 2024 08:48 AM IST
By, Chandigarh

Chandigarh’s 36 liquor vends still unsold after second round of auction

The second round of auction was organised on Friday after only 51 of the total 97 vends could be allotted in the first attempt on March 7

The liquor vend in Maloya village received the highest bid of <span class='webrupee'>₹</span>5.13 crore against the reserve price of <span class='webrupee'>₹</span>5.03 crore, followed by the liquor vend at Mauli Jagran Colony that was auctioned for <span class='webrupee'>₹</span>4.55 crore against the reserve price of <span class='webrupee'>₹</span>4.55 crore. (HT File Photo/for representation)
Updated on Mar 16, 2024 09:26 AM IST
By, Chandigarh

DDA flat sold for 5.77 crore; 138 SHIG booked on 1st day of e-auction mode

DDA sold 267 other apartments —138 super high income (SHIG) flats, and 129 from the middle income group (MIG) category

These penthouses — four-bedroom duplex apartments in Dwarka Sector 19B with a plinth area of 424 sqm — had a hefty reserve price of <span class='webrupee'>₹</span>5 crore, the highest price at which DDA has launched any residential property in the city. (Sanchit Khanna/HT Photo)
Updated on Jan 06, 2024 08:41 AM IST
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