New Cities India

Auction Notification

GMADA Opens E-Auction of 36 Commercial and Mixed-Use Sites Across Mohali Zones — July 2026

On 23 July 2026, the Greater Mohali Area Development Authority (GMADA) opened an e-auction covering 36 commercial and mixed land-use plots across Aerocity, IT City and Sectors 62, 66, 67, 79 and 83, with bidding open until 19 August 2026 and a previously unsold 27.78-acre Sector 62 plot as the top-ticket listing.

GMADA Eco City-4 / Greater Mohali-New Chandigarh Urban Expansion — GMADA Opens E-Auction of 36 Commercial and Mixed-Use Sites Across Mohali Zones — July 2026
DecisionGMADA launched an e-auction of 36 commercial and mixed land-use (MLU) properties
Auction windowOpened around 23 July 2026; live until 19 August 2026
AuthorityGreater Mohali Area Development Authority (GMADA)
Zones coveredAerocity, IT City, Sector 62, Sector 66, Sector 67, Sector 79, Sector 83
Top listing27.78-acre MLU site, Sector 62 — reserve price ₹1,214.16 crore
Second-largest listing18.19-acre site, Sector 83 Alpha — reserve price ₹744.82 crore
Major MLU sites on offer11 sites
Status of Sector 62 plotWent unsold in a previous e-auction round; relisted this time

What Was Decided

The Greater Mohali Area Development Authority (GMADA) has launched an e-auction for 36 commercial and mixed land use (MLU) properties across key development zones, including Aerocity, IT City, Sector 62, Sector 66, Sector 67, Sector 79 and Sector 83. The auction, which opened recently, will remain live until August 19, offering investors and developers an opportunity to bid for a wide range of commercial assets.

This is a routine e-auction round conducted through GMADA's standard online auction process — it is not a new town-planning decision, land acquisition notification, or policy change. It disposes of already-notified commercial and MLU plots inside existing GMADA sectors and townships.

The Two Headline Plots

The highlight of the auction is the 27.78-acre mixed land use site in Sector 62, which has been listed with a reserve price of ₹1,214.16 crore. The property, which remained unsold during the previous e-auction, has once again been offered for bidding and is the most expensive asset in the current auction.

In total, GMADA has put 11 major mixed land use sites under the hammer. Among the prominent properties is an 18.19-acre site in Sector 83 Alpha, carrying a reserve price of ₹744.82 crore.

Other Properties in the Catalogue

Apart from mixed land use properties, GMADA has offered three hotel sites in Sector 66 Beta. A five-acre hotel plot has a reserve price of ₹139.59 crore, while two other hotel sites measuring 4.02 acres each have been priced at ₹112.23 crore apiece.

The authority has also listed three combined commercial sites in Sector 67 with a reserve price of ₹128.29 crore, along with another commercial site in Sector 79, carrying a reserve price of ₹114.48 crore.

The auction also includes several institutional properties aimed at expanding essential services in the region. Hospital sites located in Aerocity Block A, Sector 83 Alpha and Sector 79 have been put up for bidding. Additionally, a petrol pump site in Medicity, New Chandigarh, has been included in the auction catalogue.

Context: A Repeat Offer After GMADA's Record Round

This July 2026 round follows GMADA's first mega e-auction of the year. That earlier auction, which opened January 14, concluded in early March 2026 with 37 of the 42 properties on offer sold, collectively fetching Rs 3,136.97 crore — a premium of over 55 per cent against a cumulative reserve price of Rs 2,018.84 crore. Only five sites drew no bids in that round. The 27.78-acre Sector 62 mixed-land-use plot now heading this July 2026 list is one of the sites that failed to attract a winning bid then and has been relisted at the same reserve price.

How This Relates to Eco City-4 and Sector 87

This auction notice should not be confused with two separate, ongoing GMADA land actions in the wider New Chandigarh–Mohali expansion area that share overlapping branding:

In short: the "36 properties" decision is a disposal/sale action on already-developed sectors, while Eco City-4 and Sector 87 remain at the land-acquisition stage as of the dates noted above.

Practical Effect for Bidders

GMADA's e-auctions follow a standard allotment sequence once bidding closes. In earlier rounds conducted by the authority, successful bidders would be allotted the sites on depositing 10 per cent payment, with possession handed over to them on payment of 25 per cent of the total bid amount. Bidders on the 36 sites listed this time — including the Sector 62 and Sector 83 Alpha plots — should expect to follow the same deposit-and-possession structure, though exact terms should be checked against the specific auction notice on GMADA's portal before bidding.

Frequently asked questions

What exactly did GMADA decide on 23 July 2026?

GMADA opened an e-auction for 36 commercial and mixed land-use (MLU) properties spread across Aerocity, IT City and Sectors 62, 66, 67, 79 and 83, with bidding open until 19 August 2026.

Which is the most expensive property in this auction?

A 27.78-acre mixed land-use site in Sector 62, carrying a reserve price of ₹1,214.16 crore. This plot had gone unsold in a previous GMADA e-auction round and has been relisted.

What is the second most valuable listing?

An 18.19-acre mixed land-use site in Sector 83 Alpha, with a reserve price of ₹744.82 crore.

How many mixed land-use sites are in this auction in total?

GMADA has put 11 major mixed land-use sites under the hammer as part of the broader 36-property catalogue, which also includes hotel, commercial and institutional plots.

Are Eco City-4 or Sector 87 lands part of this auction?

No. Eco City-4 (526.03 acres across four villages in Kharar tehsil) is at the land-acquisition notification stage, and Sector 87 commercial land is still going through objection hearings under the land acquisition law. Neither is included in this 36-property auction.

When does bidding close?

The auction remains live until 19 August 2026.

How does this compare to GMADA's earlier 2026 auction?

GMADA's first mega e-auction of 2026 ran from mid-January and closed in early March, selling 37 of 42 sites for Rs 3,136.97 crore — over 55% above the combined reserve price of Rs 2,018.84 crore. The current 36-property round includes at least one plot (the Sector 62 site) that did not sell in that earlier auction.

Sources

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