Chandigarh Housing Board Announces E-Auction for Residential & Commercial Units | Full Details, Dates, Prices & Registration Guide

Published By: News Desk – Garah Pravesh

Chandigarh Housing Board announces e-auction for six residential and ten commercial units. Bidding starts December 12. Full guide, pricing, and dates inside.

📢 Breaking Update: Chandigarh Housing Board Opens E-Auction for Prime Residential & Commercial Properties

The Chandigarh Housing Board (CHB) has officially launched the e-auction process for 16 prime properties, including:

• 6 Residential units (Freehold)

• 10 Commercial units (Leasehold)

This highly anticipated auction provides an opportunity for property buyers, investors, real estate developers, and business owners to own government-approved assets in some of the most strategically important locations in Chandigarh and Manimajra.

The auction will be conducted through an online e-bidding system, ensuring transparency, ease of participation, and equal opportunity for all eligible buyers.

🗓 Auction Timeline & Key Dates

📍 Locations of Properties Available in the Auction

This e-auction includes premium government-approved real estate assets located at:

🏠 Residential Units (Freehold):

All 6 residential units are:

• Category IV Flats

• Located in Indira Colony, Manimajra

• Reserve Price Range: ₹38.20 lakh → ₹41.06 lakh

These units are ideal for:

• Families looking for affordable housing

• Investors looking for rental property in Chandigarh–Tricity

• Buyers seeking secure government-approved ownership

🏢 Commercial Units (Leasehold):

These commercial units offer massive potential for:

• Retail businesses

• Clinics and healthcare services

• Cafés and food establishments

• Franchise outlets

• Corporate or private office leasing

• Investment-based rental income

💰 Pricing & GST Rules Explained

The Chandigarh Housing Board has clarified an important taxation update to help bidders calculate true cost accurately:

✔ No GST applicable on:

• Residential unit purchase

• Built-up commercial property purchase

✔ GST applicable ONLY if:
The commercial property is allotted on leasehold basis, applicable only on annual lease or ground rent.

⚖️ Winning the Auction: Eligibility and Criteria

Properties will be allotted to the highest valid bidder, provided that:

• The bid exceeds the reserve price

• All eligibility and payment compliance conditions are met

• The bidder submits the EMD before December 11 deadline

🔍 How to Inspect the Properties Before Bidding

All properties listed in this auction are available for physical inspection:

📍 Every Saturday
⏰ 10:00 AM to 5:00 PM

This ensures transparency and confidence for serious buyers and investors.

🚀 Why This Auction Matters: Market Outlook & Investment Benefits

Chandigarh and Mohali have witnessed rapid economic growth, infrastructure expansion, and increasing real estate investment demand. Government auctions are considered low-risk, high-value opportunities due to:

• Transparent process

• Verified legal documentation

• Guaranteed possession

• No builder risk

• Attractive entry price points

With rising demand for affordable housing, commercial investment property, and rental spaces, this auction offers a rare chance for long-term secure investment.

🏆 Benefits of Buying Through CHB Auction

📞 Need Assistance? Get Expert Support

For buyers seeking guidance, verification support, documentation assistance, or bidding strategy, connect with a trusted advisor.

👉 Get Best and Transparent Deals With Garah Pravesh
📲 Call: 70879-49434

FAQs (Highly Searchable Keyword Format)

❓ How do I register for the Chandigarh Housing Board e-auction?

You must first submit EMD (Earnest Money Deposit) online before 5 PM on December 11. After verification, you will receive bidding access for the e-auction portal.

❓ Are residential properties freehold?

Yes. All six Category-IV flats in Indira Colony, Manimajra are available on a freehold basis, allowing full ownership rights.

❓ Is GST applicable on residential purchases?

No. CHB has clarified that no GST will be charged for residential or built-up commercial properties. GST applies only on lease rent for leasehold allotments.

❓ Can I finance the auction purchase through bank loans?

Yes, most banks offer home and commercial property financing for CHB properties, subject to eligibility and documentation.

❓ Who can participate in the auction?

Any Indian citizen, NRI, business owner, or registered entity can participate once EMD is successfully submitted.

Final Thoughts

This announcement marks a major real estate investment opportunity in Chandigarh and Mohali, especially for:

• First-time homebuyers

• Business owners and franchise investors

• NRI investors

• Long-term rental yield seekers

With rising demand, government transparency, and premium locations, this e-auction holds significant long-term financial potential.

📌 For Bidding Guidance, Site Visit Support & Documentation Help

📞 Call Now: 70879-49434
🏢 Garah Pravesh | Transparent Real Estate Deals

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