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Chandigarh Housing Board auctions residential & commercial properties

On 6th January 2023, the Chandigarh Housing Board began an e-auction for approximately 49 freehold residential units and 91 leasehold commercial properties. The auction will continue until 24th January 2023. The properties are in multiple locations across the city. About 17 properties are in Kajheri and 59 properties are in Manimajra, 10 in Sector 40A and 3 in Sector 38W. The reserve price for these plots is between Rs 18 lacs to Rs 3 crores. Other properties are in and around Sectors 26E, 51A, 49, and 63. The prices of these properties range between Rs 26 lacs to Rs 93 lacs.

Chandigarh is a city located in the northern part of India, in the state of Punjab. It is the capital of both Punjab and Haryana states and is a union territory of India. Chandigarh is a rapidly growing city with a high demand for housing, and as a result, there has been significant residential development in the city in recent years. Many of the city's residential developments are in the suburbs and surrounding areas, and often consist of large housing complexes with a mix of apartments and houses. These developments often include amenities such as parks, playgrounds, and community centres, and are designed to provide a high quality of life for their residents. In addition to new construction, there is also a significant market for the renovation and remodelling of older homes in Chandigarh.

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