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GB Realty Acquire Downtown Mohali For Which Everyone Is Talking About
GB Realty has officially taken over the Downtown Mohali commercial project in Sector 62, bringing RERA-approved shops, s...
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GMADA has rolled out a fresh e-auction covering 36 commercial and mixed land use properties spread across Sector 62, Aerocity, IT City…GMADA has rolled out a fresh e-auction covering 36 commercial and mixed land use properties spread across Sector 62, Aerocity, IT City and other growth corridors, with bidding open till August 19, 2026. Headlined by the re-listed 27.78-acre Sector 62 MLU site, this guide walks through every key parcel, its reserve price and what bidders should know before they register.

The Greater Mohali Area Development Authority (GMADA) has opened another round of bidding and this time the GMADA e-auction 2026 takes in 36 commercial and mixed land use (MLU) properties across some of Mohali's busiest corridors - Aerocity , IT City and Sector 62.
This is the latest news as per The Indian Express. The auction went live on Wednesday i.e 22nd of July and stays open till August 19, 2026 and it brings back a site that already made news once this year: the 27.78-acre MLU plot in Sector 62that found no takers back in March. Here is a complete rundown of what's up for grabs, the numbers attached to each parcel and how to place a bid.
The auction went live on Wednesday i.e 22nd of July and stays open till August 19, 2026 and it brings back a site that already made news once this year: the 27.78-acre MLU plot in Sector 62 that found no takers back in March. Here is a complete rundown of what's up for grabs, the numbers attached to each parcel and how to place a bid.

Announcing the auction, GMADA Additional Chief Administrator (ACA) Amrinder Singh Malhi credited the strength of the authority's earlier round for prompting this next one so quickly. "The authority generated Rs 3,136 crore in revenue during the previous e-auction. Encouraged by that response, GMADA has launched another round of e-auctions and is optimistic of securing strong investor participation and substantial revenue in the current bidding process," he said.
The headline offering this round is the 27.78-acre Mix Land Use (MLU) site in Sector 62. GMADA first put this parcel up for e-auction in March 2026 at a reserve price of Rs 1,213.72 crore, but it drew no bidders at all. The authority has now brought it back with a marginally revised reserve price of Rs 1,214.16 crore, banking on the small price tweak and stronger market momentum to draw a better response this time.
Particular | Details |
Auctioning Authority | GMADA – Greater Mohali Area Development Authority, Govt. of Punjab |
Total Properties | 36 commercial and mixed land use (MLU) properties |
Key Corridors | Sector 62, Aerocity, IT City, Sector 66 Beta, Sector 83 Alpha, Sector 67, Sector 79, Medicity (New Chandigarh) |
Auction Window | Opened Wednesday; bidding stays open till August 19, 2026 |
Flagship Site | 27.78-acre MLU site, Sector 62 - revised reserve price Rs 1,214.16 crore |
Why Sector 62 Site Is Back | Received zero bids at a Rs 1,213.72 crore reserve in the March 2026 round; now re-listed at a slightly revised price |
Previous Auction Revenue | Rs 3,136 crore, per GMADA ACA Amrinder Singh Malhi |
Large MLU Sites on Offer | 11 sites, including Sector 83 Alpha, Aerocity Block H and Sector 66 Beta |
Other Categories | Hotel sites, composite commercial sites, hospital sites, a petrol pump site, SCOs and a booth |
Understanding the key differences between RERA, PUDA, and GMADA is essential while evaluating these premium MLU sites. Read our detailed guide on RERA vs PUDA vs GMADA to make informed investment decisions.
Beyond the Sector 62 flagship, GMADA has put 11 large MLU (Mixed Land Use) parcels up for bidding across Mohali's leading growth corridors. Notable listings include:
Beyond the Sector 62 flagship, GMADA has put 11 large MLU (Mixed Land Use) parcels up for bidding across Mohali's leading growth corridors. Notable listings include:
Beyond the MLU parcels, this round of the GMADA e-auction commercial sites list also carries a few specialised categories worth flagging for niche investors:
There's room for smaller investors too. Alongside the bigger commercial and MLU parcels, GMADA has listed 14 shop-cum-office (SCO) units and one booth in this round:
Launching a new round so soon after the last one is a direct response to demand. With Rs 3,136 crore already banked from the previous outing, officials are clearly betting that appetite for Mohali real estate remains strong. Re-listing the Sector 62 MLU site at a marginally revised reserve price also shows GMADA is willing to fine-tune pricing rather than leave large, strategically placed parcels unsold. For bidders, that mix of proven demand and a more carefully considered price on the marquee site makes this round one to watch closely.
Eligibility conditions and reserve price can change with every fresh GMADA e-auction update, so always cross-check the current notice on the official portal before paying any EMD.
With 36 properties on offer, a revised price on its most closely watched Sector 62 site and Rs 3,136 crore already generated from the last round, this GMADA e-auction looks set to be one of the more closely followed property events in Mohali this year. Whether you're after a large MLU parcel, a hotel site or a smaller SCO unit, bidding closes on August 19, 2026, so it's worth going through the official bid documents and reserve prices well before then.
Looking for verified, GMADA-linked commercial listings, builder connects or channel partner support across the Tricity? Acquire Estatehas been mapping the Mohali-Chandigarh-Zirakpur corridor since 2004, with 500+ projects on our platform connecting investors, builders and buyers. Call our team on 7837393955.
GMADA has listed 36 commercial and mixed land use (MLU) properties across Sector 62, Aerocity, IT City, Sector 66 Beta, Sector 83 Alpha, Sector 67, Sector 79 and Medicity. The list includes 11 large MLU sites, three hotel sites, hospital sites, a petrol pump site, 14 SCOs and one booth.
When does the GMADA e-auction close?
The auction opened on a Wednesday and will stay open until August 19, 2026.
The 27.78-acre Sector 62 site drew no bidders in the March 2026 e-auction at a reserve price of Rs 1,213.72 crore. GMADA has since re-listed it with a marginally revised reserve price of Rs 1,214.16 crore.
According to GMADA Additional Chief Administrator Amrinder Singh Malhi, the previous e-auction brought in Rs 3,136 crore in revenue.
Notable reserve prices include Rs 744.82 crore for an 18.19-acre site in Sector 83 Alpha, Rs 523.82 crore for a 14.10-acre site in Aerocity Block H and Rs 413.56 crore for a 9.01-acre site in Sector 66 Beta, in addition to the Rs 1,214.16-crore Sector 62 flagship site.

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