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Home News Punjab

PUDA to conduct e-auction of properties from today

Mehra Media Team by Mehra Media Team
February 5, 2021
in Punjab
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Amritsar: Properties located in numerous cities throughout the state could be obtainable for buy, as Punjab Urban Planning & Development Authority (PUDA) could be holding the e-auction within the month of February. The e-auction would start on February 5, 2021 at 9.00 AM and conclude on February 15, 2021 at 1.00 PM.

An official spokesperson of the PUDA stated that the properties on provide embrace residential plots, SCOs, outlets, cubicles and many others. in prime areas. The websites are situated at Ludhiana, Patiala, Jalandhar, Bathinda, Nabha, Kapurthala, Mukerian, Mansa, Abohar and Malout. This is a chance to purchase prime properties because the websites placed on public sale are located in already developed localities.

He stated that possession of the websites shall be handed over to the profitable bidders on a fee of 25% of the ultimate bid quantity and the allottees could be required to deposit the steadiness fee in installments at rate of interest of 9.5% every year. Early handover of the websites would allow the allottees to begin building on the earliest and subsequently use the positioning for the aim it meant, be it residential or business.

Details pertaining to the properties together with reserve worth, nature, location plans, fee and different phrases & circumstances could be hosted on the public sale portal www.puda.e-auctions.in earlier than graduation of the e-auction, he added.

For taking part within the e-auction, he knowledgeable, the intending bidders shall be required to enroll on the public sale portal and acquire consumer ID and password. Bidders shall be required to deposit refundable/adjustable eligibility payment by method of Net Banking/Debit Card/Credit Card/RTGS/NEFT. 



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Mehra Media Team

Mehra Media Team

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