in

Chandigarh housing board puts 191 properties on auction from September 15, Real Estate News, ET RealEstate

Chandigarh housing board puts 191 properties on auction from September 15, Real Estate News, ET RealEstate
CHANDIGARH: After getting the nod from Chandigarh Housing Board (CHB) board of directors for reduction in reserve prices, CHB, on Friday, issued orders for e-tender of 163 leasehold properties, including commercial and residential and 28 residential freehold properties.

Eligible bidders can submit their bids from 10am on September 15 to 10am on October 8. Bids for 191 properties will be opened at 10.15 am on October 8.

In the wake of poor response to e-tender of commercial and residential properties on leasehold basis, the Chandigarh Housing Board (CHB) decided to reduce reserve price of vacant properties in its board of directors meeting. It was decided to reduce reserve price of commercial units on leasehold basis by 20% and residential units on leasehold basis by 10%.

Properties which have been put on e-tender include 28 residential units on freehold basis, 31 residential units on leasehold basis and 132 commercial units on leasehold basis. In its recent auction, the board received poor response for its commercial and residential properties on leasehold basis.

Follow and connect with us on , Facebook, Linkedin


What do you think?

Written by Realty Beat

Leave a Reply

Your email address will not be published. Required fields are marked *

RBL Bank's MD buys bungalow in Delhi's Golf Links for Rs 80 crore, Real Estate News, ET RealEstate

RBL Bank’s MD buys bungalow in Delhi’s Golf Links for Rs 80 crore, Real Estate News, ET RealEstate

Kolkata civic body issues notices to buildings department officials over illegal constructions, Real Estate News, ET RealEstate

Kolkata civic body issues notices to buildings department officials over illegal constructions, Real Estate News, ET RealEstate