Exciting Property Auction in Ghaziabad During Navratri
The Ghaziabad Development Authority (GDA) is set to host a significant property auction during the auspicious festival of Navratri. This event will provide an excellent opportunity for residents of Delhi-NCR to acquire properties at competitive prices. With over 175 properties up for auction, including residential plots and land, this is an event that potential homebuyers and investors should not miss.
Prime Locations and Property Types Available
The properties available for bidding include prime locations throughout Ghaziabad, such as:
- Vaishali Sector 6
- Indirapuram
- Koel Enclave Scheme
- Indraprastha Yojana
- Ambedkar Road Housing Plots
- UP Border Plots
- Plots in Indirapuram Nyay Khand and Gyan Khand
The auction will feature 40 residential plots in Indirapuram, with sizes ranging from 30 square meters to 330 square meters. Additionally, areas up to 13.75 square meters will be available for commercial shops. This diverse range of options caters to both residential and commercial needs.
Development Plans and Auction Details
The GDA has ambitious plans for development, including the sale of a 30,000 square meter land parcel that has been auctioned unsuccessfully 26 times due to high pricing. In response, the GDA has decided to lower the price to facilitate a sale, making it an attractive opportunity for developers. Following the recent approval by the board based on a layout prepared by a three-member committee, this land is now ready for auction.
Auction Timeline and Additional Opportunities
The property auction is expected to take place on October 5th or 6th, shortly after the commencement of Navratri. In addition to the residential plots, the GDA recently conducted a bidding process for unsold flats in Govindapuram, selling 17 plots. Future auctions will include:
| Scheme Name | Number of Plots |
|---|---|
| Koel Enclave Scheme | 7 |
| Indraprastha Scheme | 57 |
| Ambedkar Road | 10 |
| Plots Near UP Border | 23 |
How to Participate
Interested buyers are encouraged to register and participate in this auction. The GDA will provide all necessary updates and details on their official website, encouraging residents of Delhi-NCR to explore this enticing opportunity to secure affordable properties. Auctions like these not only provide investment opportunities but also contribute to the growing real estate landscape of Ghaziabad.
