Chandigarh, March 16 -- Under the new Excise Policy 2026-27, as many as 97 liquor vends will start operating across Chandigarh from April 1, with the administration fixing a reserve price of Rs.11.41 crore for the vend at Palsora village near Mohali - the highest in the city.

The licences will be allotted through an e-auction scheduled for March 19 at Hotel Mountview in Sector 10.

Last year, the liquor vend at Palsora had fetched the highest bid of Rs.14 crore against the reserve price of Rs.10.22 crore. The liquor vends in Palsora and Dhanas are expected to rake in the highest price again, as they are located near Mohali, where liquor is costlier.

Officials from the excise and taxation department more than 300 contractors had applied ...