The Punjab Cabinet has greenlit amendments to slash reserve prices on prime government properties in Ludhiana, totaling Rs 8,000 crore. These assets, like Power Department sites and key lands, didn't draw bidders before due to inflated rates, as noted by Finance Minister Harpal Cheema.
A 0.84-acre commercial site in Mohali's Sector 68 near NIPER sold for ₹83 crore in PUDA's e-auction, attracting 25 competitive bids and setting new benchmarks.