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Posted by Surinder Verma on Wednesday, June 17, 2020

Currently in Chandigarh, the residential properties are auctioned on freehold basis, where as the commercial, industrial and nursing home sites are auctioned on leasehold basis.

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Currently in Chandigarh, the residential properties are auctioned on freehold basis, where as the commercial, industrial and nursing home sites are auctioned on leasehold basis. After the approval of the Hon’ble Administrator, U.T., Chandigarh, the Chandigarh Administration has allowed the e-auction of the residential, commercial, industrial and nursing home sites as per the provisions of the Capital of Punjab (Development and Regulation) Act, 1952 and the Chandigarh Estate Rules, 2007 as amended from time to time. As per the provisions of the said Act and Rules, the sites/buildings at Chandigarh shall be sold by way of auction or allotment, either on free hold basis or lease hold basis.
​​With this decision, the sites/buildings in Chandigarh shall be sold by way of e-auction either on freehold basis or on leasehold basis.