Punjab urban body to hold e-auction of residential, commercial properties from 1st to 10th every month

In order to increase its revenue, the Punjab Urban Development Authority (PUDA) will conduct e-auctioning of residential as well as commercial properties from first to 10th of every month from now onwards. A meeting was held regarding the issue on Monday. Punjab Housing and Urban Development Minister Tript Rajinder Singh Bajwa said the department will […]

By: Express News Service | Mohali | Published: November 9, 2018 4:35:36 am
Punjab urban body to hold e-auction of residential, commercial properties from 1st to 10th every month Representational Image (Source: Express photo)

In order to increase its revenue, the Punjab Urban Development Authority (PUDA) will conduct e-auctioning of residential as well as commercial properties from first to 10th of every month from now onwards.

A meeting was held regarding the issue on Monday. Punjab Housing and Urban Development Minister Tript Rajinder Singh Bajwa said the department will hold the e-auction through all the development agencies working under PUDA – Greater Mohali Area Development Authority, Patiala Development Authority and Amritsar Development Authority. The PUDA earned a revenue of Rs 775 crore during the e-auctioning, which concluded last week.

Through videoconferencing, Bajwa directed the officials of the department to ensure that all the applications pertaining to regularisation of colonies and plots being received in response to a newly-notified policy be disposed of within 15 days of their submission.

Bajwa asked the officers to make sure that those interested in applying for regularisation of colonies or plots do not face any difficulty. He said that while applications regarding the regularisation were being accepted at the designated branches of HDFC Bank, special counters may also be set up by the bank on the premises of the offices of all special development authorities for accepting them. Apart from this, the facility of accepting applications should also remain smooth at the Sewa Kendras, he insisted.

The minister also asked for a report pertaining to the number of applications received on a daily basis by 5 pm and also to apprise him of the number of cases disposed of every Friday. He also made it clear that this was the last chance for regularisation of colonies, plots and buildings.
The department, so far, has received 50 applications from across the state.

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