Chandigarh, 03rd
February, 2017: E-auction of Residential lease hold/free
hold and Commercial lease hold properties have commenced w.e.f 1.2.2017. Two
properties i.e. one residential and one commercial on lease hold basis have
been put to auction on 1.2.2017 (3:00 pm IST) and the auction process will
continue upto Wednesday i.e. 8.2.2017 (3:00 p.m IST) and similar process will
be followed in respect of the remaining vacant properties. The auction process
is open for any citizen of India as well as NRIs/PIOs above 18 years of age
after getting himself/herself registered with e-auction portal of Chandigarh
Housing Board after the payment of prescribed registration fee of
Rs.1500/- + Service Tax of 15% i.e. a total of Rs.1725/-. The e-Auction of
above property/ies would be conducted strictly within the scheduled date and
time mentioned against each property by way of bidding amongst the bidders and
the bidder shall improve their offer in multiples of an amount i.e.
Rs.50,000/-(for residential) / Rs.1.00 Lac (for commercial) mentioned under the
column “Bid-increase amount” against each property. The detailed terms and
conditions relating to e-auction of these Residential/Commercial properties on
Free hold Basis/ Lease hold basis is available on the official website of CHB
i.e. http://chbonline.in
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