Punjab Mandi Board to transfer Mohali’s fruit and vegetable market to Urban Development Authority

During the meeting, it was noted that Punjab’s chief secretary had recommended transferring unused government properties to PUDA, following which the matter was formally approved.

Chairing the meeting, Mandi Board Chairman Harchand Singh Barsat said, “The 12-acre fruit and vegetable market in Mohali, which has been lying shut for the past 11 years, will be handed over to PUDA. This transfer will fetch the Mandi Board over Rs 700 crore from PUDA.”

He further announced that the Board plans to set up a new mandi on a much larger scale.“In the first week of October, advertisements will be issued to purchase approximately 200 acres of land on a national highway for the establishment of a new modern mandi. Construction work will begin as soon as the land is finalised,” Barsat said.

According to a letter written on September 26 by the Mandi Board’s deputy general manager (Estate) to the administrative secretary of the Housing and Urban Development Department, the land transfer will be carried out at the current collector rates. Additional conditions include refunding the amount paid by shopkeepers during the e-auction of mandi shops, with 6 per cent interest, to the buyers.

PUDA will also bear the entire cost incurred by the Mandi Board in the construction of the existing market. Furthermore, the existing solar power agreement for the sheds will be terminated.

With the transfer, the decade-old unused project will pave the way for new urban development, while the Mandi Board shifts focus to creating a bigger and more functional mandi hub on a national highway.

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