The August 2026 GMADA e-auction in Mohali witnessed strong participation from buyers, developers and investors, with several large residential, commercial and mixed land-use properties attracting substantial bids. The auction was scheduled to close on August 20, 2026, but heavy bidding activity continued into the early hours of August 21.

According to the Punjab government, 36 properties were put up for bidding and 27 were successfully auctioned. The successful bids amounted to approximately ₹5,391 crore, compared with a combined reserve price of around ₹3,872 crore. This puts the successful auction value approximately ₹1,519 crore above the combined reserve price.

Among the major transactions, a 27.78-acre mixed land-use plot in Sector 62, Mohali attracted the highest bid of ₹1,742.31 crore, against a reserve price of ₹1,214.16 crore.

August 2026 GMADA E-Auction at a Glance

Sector 62 Mohali Records the Biggest GMADA Auction Deal

The most prominent transaction in the latest GMADA auction was a 27.78-acre mixed land-use property in Sector 62, Mohali.

The plot carried a reserve price of ₹1,214.16 crore, but competitive bidding pushed the final price to ₹1,742.31 crore. The property attracted six bidders and 80 bids, with Aggarwal Plaza Private Limited emerging as the highest bidder.

The final price was approximately ₹528 crore higher than the reserve price, making the transaction one of the biggest highlights of the Mohali property auction.

Aerocity Mohali Sees High-Value GMADA Auction Deals

Apart from Sector 62, Aerocity Mohali also attracted considerable attention during the latest GMADA e-auction.

Large mixed land-use properties and specialised sites in Aerocity received bids running into hundreds of crores. Some of the major reported transactions include the following:

Aerocity Auction Prices: Block-Wise Details

1. Block E — Around ₹418 Crore

A 6-acre mixed land-use plot in Aerocity’s Block E attracted a final bid of approximately ₹418 crore.

The reserve price was around ₹252.62 crore, placing the final bid roughly ₹165 crore above the reserve price.

2. Block J — Nearly ₹248 Crore

A 5-acre mixed land-use plot in Block J was reportedly auctioned for nearly ₹248 crore.

The reserve price for the property was around ₹173.37 crore, putting the final bid approximately ₹75 crore above the reserve price.

3. Block H — Around ₹231 Crore

A 4.81-acre mixed land-use plot in Block H received a final bid of around ₹231 crore.

Its reserve price was approximately ₹202.52 crore.

4. A-Block Hospital Site — Around ₹162 Crore

An A-Block hospital site in Aerocity also attracted strong bidding. The final bid was approximately ₹162.16 crore, compared with a reserve price of around ₹66.87 crore.

What the Latest GMADA Auction Says About Mohali’s Property Market

The latest auction provides another indication of the demand for large commercial and mixed land-use properties in Mohali.

The Sector 62 transaction stood out with a final bid of ₹1,742.31 crore, while several Aerocity properties attracted bids above ₹200 crore. The premiums achieved over reserve prices also demonstrate how competition can influence the final value of strategically located properties.

For buyers and businesses assessing Mohali real estate, Aerocity properties and commercial opportunities, these auction results provide useful market context. However, auction prices can vary considerably depending on plot size, location, land use, frontage, reserve price and bidder participation.

Commercial Opportunities Around Aerocity

The strong response to the latest GMADA auction highlights continued interest in Mohali and Aerocity as key commercial and real estate destinations. While the auction focused on land parcels and development opportunities, the activity also reflects the growing importance of strategically located commercial corridors in the region.

For businesses and investors exploring commercial opportunities around Aerocity, Grand Emporio at Aerocity Junction, PR-7 Airport Road, Mohali, is one development worth considering.

Grand Emporio, Mohali: High-Street Commercial Development

Located at Aerocity Junction, Grand Emporio is an upscale high-street commercial project with dual frontage on PR-7 Airport Road and Patiala Road. The development features 6 floors of high-street retail spaces, along with 8 high-speed elevators and basement and surface parking.

With approximately 89,516 sq. ft. of area and 140 built-up showrooms, the project is positioned to cater to retail, F&B and office spaces. It also includes 70+ hotel rooms, adding a hospitality component to the development.

Its location at the Aerocity Light Points provides access to surrounding areas including Aerocity, Mohali, Patiala, Derabassi, Ambala, Delhi and Zirakpur.

Conclusion

The August 2026 GMADA e-auction in Mohali recorded successful bids worth approximately ₹5,391 crore, with 27 properties successfully auctioned against a combined reserve price of around ₹3,872 crore.

The biggest transaction was a 27.78-acre mixed land-use plot in Sector 62, which fetched ₹1,742.31 crore against a reserve price of ₹1,214.16 crore. The property attracted six bidders and 80 bids, with Aggarwal Plaza Private Limited emerging as the highest bidder.

Aerocity also remained an important part of the auction, with major reported transactions including around ₹418 crore for a Block E plot, nearly ₹248 crore for a Block J plot and around ₹231 crore for a Block H plot. These transactions highlight the continued interest in strategically located land parcels across Mohali and Aerocity.

For businesses and investors exploring commercial property opportunities in Aerocity Mohali, developments such as Grand Emporio at Aerocity Junction, PR-7 Airport Road, offer another example of the commercial activity developing around this strategically located corridor.

Overall, the latest GMADA auction provides a useful snapshot of property demand and pricing across key locations in the Mohali region, while upcoming auctions are likely to remain important for buyers, developers and investors tracking the Tricity real estate market.