Punjab Government

PSIEC announces mega auction of Indistial and commercial properties

October 04, 2019 04:59 PM

CHANDIGARH: The Punjab Small Industries and Export Corporation Ltd. (PSIEC) would hold auction of Industrial plots and Commercial Sites in different Focal Points developed in the State of Punjab during on-going festival season.

Disclosing this here today, the Industry and Commerce Minister Mr. Sunder Sham Arora said that advertisement for this purpose would be released in the second week of October 2019 covering industrial plots of various sizes in the Focal Points at Abohar, Amritsar, Batala, Goindwal Sahib, Kapurthala, Ludhiana, Mandi Gobindgarh, Mohali, Nawanshahar, and Pathankot.
Arora further stated that considering the demand of entrepreneurs and inhabitants of the respective areas, commercial sites of varying sizes in the first phase would also be put to auction in the Industrial Focal Points covering Amritsar, Mohali, Ludhiana, and Jalandhar. Besides, commercial areas in Industrial Focal Points at Derabassi, Chanalon, Nangal and Khanna are also being planned keeping in view the aspirations of industry. The commercial sites in these areas would be put to auction in the second phase.

Gurpreet Singh Bassi, Chairman, PSIEC informed that PSIEC shall be soon auctioning key commercial chunk of land located in Phase IX, Mohali in close vicinity to Airport road which is expected to bring in more world class brands in the State. This 2.5 acres of land situated adjoining Bestech Mall would encompass shopping complex/ multiplex.

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