
GMADA Reserve Price Policy 2026: ₹10,000 Cr ED Allegation, Reported 22.5% E-Auction Price Cut, 3-Valuer Formula & Critical Mohali Buyer Guide
GMADA’s reserve-price system is under fresh scrutiny after the Enforcement Directorate alleged that manipulation of reserve prices for parts of the authority’s unsold land bank could have caused a potential loss of nearly ₹10,000 crore. The allegation comes after Punjab introduced a three-independent-valuer mechanism for repeatedly unsold development-authority properties and approved a reported 22.5% rationalisation for certain GMADA sites in January 2026. This PropKeyz guide separates the policy from the allegation, explains how reserve prices are fixed, compares reserve prices with actual 2026 auction bids and shows buyers why a GMADA reserve price is not automatically the market value of surrounding property.



