# Moradabad Development Authority to auction 24-crore officer residence 2026-10-31T10:08:22+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet The Moradabad Development Authority (MDA) will auction officers’ residences in its Aashiyana complex on Kanth Road, including the vice-chairman’s house. The 3,000-square-metre vice-chairman’s property has a reserve price of Rs 24 crore, while homes of the secretary, chief engineer and junior engineers will also be sold. MDA has completed a new office and residential complex in Naya Moradabad on Delhi Road. Officers are expected to shift after Diwali, after which the Aashiyana properties will be put on the block. A tender has been issued to select a transaction advisory agency for the residential sales. Meanwhile, MDA’s old three-storey office on Kanth Road, valued at about Rs 100 crore, has remained unsold for four years. MDA vice-chairman Anubhav Singh said the old properties will be auctioned as per procedure. The authority is also considering developing apartments on that land. ## Indian Opinion Analysis The proposed sale essentially shifts MDA’s asset base from older buildings on Kanth Road to a new complex on Delhi Road. The 24-crore reserve price on the vice-chairman’s residence and the inclusion of other officer quarters suggest the authority expects significant revenue, though the difficulty in selling the 100-crore old office, vacant for four years with no buyer, highlights a risk that these newer properties may also linger. The authority is now weighing apartment development on that old office land as a fallback. The outcome hinges on the advisory agency yet to be selected and how soon officers relocate after Diwali. ## Coverage - amarujala.com Led with auction plan and prices, straight facts with official quote This brief was synthesised by AI from the source linked above. Tags: MDA, Moradabad Development Authority Canonical: https://indianopinion.org/moradabad-development-authority-to-auction-24-crore-officer-residence/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/moradabad-development-authority-to-auction-24-crore-officer-residence/#story-in-brief How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/