PUDA to conduct e-auction of properties in Feb. 2021
Chance to buy prime properties at genuine price
cityairnews
Feb 5, 2021 07:02
0
Ludhiana: Punjab Urban Planning & Development Authority (PUDA) would be holding the e-auction in the month of February. The e-auction would commence on February 5, 2021 at 9.00 AM and conclude on February 15, 2021 at 1.00 PM.
Properties on offer include Chunk Site, SCOs, and shops in prime areas. The Chunk site (8.21 Acre) is located opp. D.C. office Ludhiana, sco’s and shops are located opp. Civil hospital old jail Road and old Distt. court near fountain chowk Ludhiana. This is an opportunity to buy prime properties as the sites put on auction are situated in already developed localities. Possession of the sites shall be handed over to the successful bidders on a payment of 20% / 25% of the final bid amount and the allottees would be required to deposit the balance payment in installments at interest rate of 9.5% per annum. Early hand over of the sites would enable the allottees to start construction at the earliest.
Detail pertaining to the properties including reserve price, nature, location plans, payment and other terms & conditions would be hosted on the auction portal www.puda.e-auctions.in before commencement of the e-auction.
For participating in the e-auction, intending bidders shall be required to sign up on the auction portal and obtain user ID and password. Bidders shall be required to deposit refundable/adjustable eligibility fee by way of Net Banking/Debit Card/Credit Card/RTGS/NEFT.
