CHB invites bids for 25 built-up properties sale on freehold basis

30 Jun 2022 CW Team

The Chandigarh Housing Board (CHB) has invited e-bids for the sale of 25 built-up properties, including 23 residential and two commercial properties, on a freehold basis.

Out of the 23 residential freehold properties, 17 are located in Indira Colony, Manimajra. The Reserve price of the units varies from Rs 32 lakh to Rs 34 lakh.

Meanwhile, at Modern Housing Complex three Category-IV flats have a reserve price of Rs 53.36 lakh to Rs 53.93 lakh, while a Middle Income Group (MIG) flat in Sector 51 has a reserve price of Rs 90 lakh. Two commercial freehold properties, all booths, are located in Sector 51 A, having a reserve price ranging from Rs 80 lakh to Rs 85 lakh.

Chief executive officer (CEO), CHB Yashpal Garg said e-bids for commercial and residential properties on a freehold basis could be submitted from 10 am on July 25 while e-bids would be opened the same day from 10.15 am onwards.

Garg also said that stickers had been pasted on each property, the location of which was available on Google Maps.

Image Source

Also read: CHB awaits eco-clearance for IT Park housing scheme

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..