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The Chandigarh administration has identified nearly 1,000 vacant government-owned properties for phased e-auction from the start of the next financial year as part of efforts to bolster revenue and ensure optimal land utilisation across the Union Territory. The properties span residential, commercial, industrial and institutional categories, including sites in key sectors and industrial zones. Officials said the administration expects to generate more than INR 1,000 crore in revenue through these auctions during the first two quarters, with monthly e-auction sessions to maintain transparency and efficiency. Unsold assets will be re-auctioned as required. Authorities also cited the initiative as a way to reduce maintenance costs, prevent illegal encroachments and support activity in the local real estate market, building on previous revenue earned from similar property sales.
The Chandigarh administration has embarked on a major initiative to monetise nearly 1,000 vacant government-owned properties in a bid to enhance its revenue and promote productive land use, officials said earlier this week. The assets identified for auction span residential, commercial, industrial and institutional categories, with the first round expected to begin at the start of the next financial year. Advertisement
The estate office of the Union Territory has compiled the list of properties, which includes around 130 residential sites, about 205 commercial sites and 168 industrial plots, among others. Additional assets include nursing home sites, motor and rehri market plots, milk colony plots and a designated institutional site. Residential properties are concentrated in the city's southern sectors, with notable numbers in Sectors 37, 38 and 40, while commercial and industrial parcels are distributed across key corridors and developing zones within the territory.
Officials said that the administration anticipates raising more than INR 1,000 crore in revenue from the planned auctions during the first six months of the next fiscal year, with auctions scheduled to take place monthly via a dedicated e-auction portal. Properties that do not attract buyers in initial auctions will be offered again to ensure maximum participation and realisation of value.
The policy to auction vacant properties builds on recent efforts to unlock value from under-utilised government land, strengthen the territory's finances and reduce the administrative burden of maintaining unused sites. Authorities noted that previous auctions had generated significant receipts, and that regular offerings could deter illegal encroachments while supporting the local real estate market by bringing dormant assets into productive use.
The phased e-auction mechanism is designed to improve transparency and accessibility for investors and buyers, with officials stressing that clear processes and predictable schedules would help attract participation across segments. The move is also aligned with broader urban governance goals, as Chandigarh seeks to enhance internal revenue sources and reduce reliance on external grants and transfers while leveraging its strategic location and well-planned urban fabric.
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