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500 square yard residential plot in Chandigarh’s Sector 19 goes for ₹8.9 crore
In all, 12 residential sites in Chandigarh were on offer during the three-day auction of Estate Office, but only three found takers
Published on: Sep 30, 2022, 04:31:24 IST
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A 500.5 square yard residential plot in Sector 19 went for ₹8.9 crore against the reserve price of ₹6.34 crore in the latest auction of the Chandigarh Estate Office that ended on Thursday.
In all, 12 residential sites were on offer during the three-day auction, but only three found takers.
Among the other two properties that were sold were a 557.3 square yard plot in Sector 21C that went for ₹7.85 crore against the reserve price of ₹7.06 crore and a 343.9 square yard plot in Sector 37 that raked in ₹5.26 crore compared to the reserve price of ₹4.35 crore.
Assistant estate officer Sorabh Arora said due to inadequate competition, bidding for six of the total 12 sites was cancelled.
