Greater Ludhiana development authority generates Rs 17.36 crore from e-auction of its properties
The Greater Ludhiana Area Development Authority (GLADA) has generated Rs 17.36 crores from the online auction of its properties. Of the total 20 properties situated in Dugri and Dhandari Kalan, department has auctioned nine properties while for one property there was single bidder.
Chief administrator GLADA Parminder Singh Gill said, “While it was a new initiative of government to go digital, the maiden e-auction has received good response from buyers of the properties. A whooping Rs. 17.36 Crores have been received from the said bid. The possession will be given within 90 days from the date of auction after completing the payment procedure.”