Mohali development body to auction 77 properties

10 Feb 2023 CW Team

From February 17 from 9 am through 1 pm on March 6, the Greater Mohali Area Development Authority (Gmada) will hold an online auction for around 77 properties located in various Mohali neighbourhoods.

The reserve price for all the properties, according to Punjab's minister of housing and urban development Aman Arora, is 21,000 million.

According to the minister, the Gmada is providing roughly 57 SCOs and booths, nine IT industrial plots, two commercial chunk sites, one school site, one hotel site, and six group dwelling sites. The locations of these sites in Mohali include Aerocity, Sector 83-Alpha, Sector 66-Beta, IT City, Sector 101-Alpha, and other areas.

He said interested parties can get information about the properties up for bid at the e-auction website puda(dot)e-auctions(dot)in.

Before the start of the e-auction, the procedure for registering to participate in the bidding process, the payment schedule, the size of the sites, and the location would be put to the portal.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..