January 22, 2013

Lukewarm Response to PUDA Auctions in Jalandhar

PUDA Jalandhar had organised Auction of around 20 commercial and 21 Residential properties in Jalandhar. 

Canal Rest House Area of Kapurthala Road Jalandhar and Residential Plots at Bulandpur Enclave , Pathankot Bypass Jalandhar did not get any buyer.

Only Two Commercial Properties situated at Upmarket Chhoti Baradari Jalandhar could be sold .
SCO was sold for Rs. 1,61,000 per square meter  and a Booth was sold for Rs. 1 ,36 , 450  Per Sq Meter ( Please Recheck the information)

This is indicative of the current slump in Real Estate in Jalandhar and rest of Punjab.

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