Latest Mohali GMADA auction result: 27 properties fetch ₹5,391 crore.

What the source says.

GMADA's latest reported e-auction raised ₹5,391 crore from 27 properties against a combined reserve value of ₹3,872 crore. The highest-value result was the 27.78-acre mixed-use site in Sector 62, where Aggarwal Plaza Private Limited placed the ₹1,742.31-crore highest bid.

Reported developer, land and price details.

Aggarwal Plaza Pvt. Ltd.

Sector 62 mixed-use, Plots 30–34 · 27.78 acres · highest bid ₹1,742.31 crore · reserve ₹1,214.16 crore

V & M Realcon LLP

Aerocity Block J, MU-2 mixed-use · 14.95 acres · highest bid ₹574.02 crore · reserve ₹457.38 crore

Homeland Realty Pvt. Ltd.

Sector 62, Plot 11 mixed-use · 6.37 acres · highest bid ₹555.33 crore · reserve ₹315.53 crore

Anil Build-Con Pvt. Ltd.

Aerocity Block E, Plot 1-A mixed-use · 6.00 acres · highest bid ₹418.02 crore · reserve ₹252.62 crore

Otil Developers & Promoters LLP

Aerocity Block I, MU-2 mixed-use · 9.50 acres · highest bid ₹392.07 crore · reserve ₹329.40 crore

Noble Dream Projects Pvt. Ltd.

Aerocity Block I, MU-1 mixed-use · 9.87 acres · highest bid ₹385.07 crore · reserve ₹342.23 crore

SS Ventures

Aerocity Block J, MU-1 mixed-use · 5.00 acres · highest bid ₹248.02 crore · reserve ₹173.37 crore

ONN Warehousing Pvt. Ltd.

Aerocity Block A hospital site · 4.05 acres / 16,389 sq m · highest bid ₹162.16 crore · reserve ₹66.87 crore

What it means for your next step.

These bids are useful market evidence for large development sites, but they do not set resale prices for nearby homes. Confirm final allotment, permitted land use, approvals and the winning entity before relying on any individual result.

Reading the dates correctly

The named-bidder table records reported H1, or highest, bids. Final allotment remains subject to GMADA's applicable process and approvals. Press reports differ on whether 36 or 37 properties were offered, so that offered count is not used here.

Supporting sources

Check before acting

Read the complete original document, then check for later notices, corrections and project-specific records. This editorial summary is not a legal determination, a current availability statement or an invitation to book.

Source: The Tribune. Editorial check: 11 September 2026. Event and document dates are labelled separately. Developer statements are attributed, not independently certified.