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GMADA's Midas touch: ₹3,137 crore windfall, 37 of 42 sites sold
short by / on Saturday, 7 March, 2026
The first Greater Mohali Area Development Authority (GMADA) e-auction of 2026 concluded Friday midnight with a blockbuster outcome, as 37 of the 42 properties put on the block were sold, collectively fetching a whopping ₹3,136.97 crore - a premium of over 55 per cent against a cumulative reserve price of ₹2,018.84 crore. Only five sites drew no bids.
read more at The Tribune