The Punjab government has announced plans to auction government-owned land worth ₹2,000 crore in 13 towns across the state. The decision aims to generate revenue and make better use of unused land.
According to officials, the land will be sold through an open auction, allowing individuals and businesses to bid for it. The money raised from the auction will be used for development projects, improving infrastructure, and strengthening the state’s financial position.
The auction process is expected to be transparent, with strict rules to ensure fair participation. The government hopes that this step will attract investment, boost economic growth, and create job opportunities in Punjab.
More details about the auction, including dates and bidding procedures, will be announced soon.
Be the first to comment