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Reserve Price News

Centre looks to revive stalled IDBI Bank sale process: Report

The government reportedly scrapped bids for IDBI Bank as they fell short of the minimum price.

Updated 78 days ago

97 booze vends up for grabs in Chandigarh, Palsora costliest at ₹11.41 crore

The licences will be allotted through an e-auction scheduled for March 19 at Hotel Mountview in Sector 10, Chandigarh. (HT FIle)

Published 141 days ago

Mohali: GMADA to appoint independent valuers to reassess unsold properties

Under the state government’s revised e-auction policy, the reserve price of unsold properties will remain unchanged till December 31, 2026 (HT Photo for representation)

Published 260 days ago

Chandigarh fails to find buyers for two nursing home

Experts cited high reserve prices and leasehold nature of the properties as the reason for the unsuccessful auction last month. (HT Photo for representation)

Published 340 days ago

Chandigarh puts two nursing home sites up for auction again

The Chandigarh Estate Office had last month invited bids for the two sites, located in Sector 46 and Sector 51. (HT File)

Published 364 days ago

Chandigarh: 5th round of e-auction, 11 of 17 liquor vends remain unsold

The the Chandigarh excise and taxation department, on Tuesday, blacklisted seven highest bidders who failed to deposit the requisite security money within the prescribed deadlines. (Unsplash)

Published 446 days ago

Mohali: Only 2 of 6 GMADA group housing sites draw buyers

The land put under auction was earlier meant for the economically weaker section but converted into residential group housing sites after the Punjab government approved a policy in February to e-auction such land across the state. (HT Photo)

Published 468 days ago

Greater Noida authority collects ₹1,500 cr from allotting 5 group housing plots

The reserve price for these plots was in the range of <span class='webrupee'>₹</span>48,438 per square metre to <span class='webrupee'>₹</span>59,943 per square metre, said officials, adding that But applicants went on to place 128% higher bids against the reserve price. (HT Archive)

Updated 725 days ago

Chandigarh administration staring at losses this year too as 21 liquor vends remain unsold

The UT excise and taxation department will fall short of meeting its excise revenue targets this time too as it has been able to auction only 76 out of the total 97 liquor vends, despite slashing the reserve price by 17% in the last five rounds. (HT File)

Updated 834 days ago

Chandigarh’s 36 liquor vends still unsold after second round of auction

The liquor vend in Maloya village received the highest bid of <span class='webrupee'>₹</span>5.13 crore against the reserve price of <span class='webrupee'>₹</span>5.03 crore, followed by the liquor vend at Mauli Jagran Colony that was auctioned for <span class='webrupee'>₹</span>4.55 crore against the reserve price of <span class='webrupee'>₹</span>4.55 crore. (HT File Photo/for representation)

Updated 871 days ago

DDA flat sold for ₹5.77 crore; 138 SHIG booked on 1st day of e-auction mode

These penthouses — four-bedroom duplex apartments in Dwarka Sector 19B with a plinth area of 424 sqm — had a hefty reserve price of <span class='webrupee'>₹</span>5 crore, the highest price at which DDA has launched any residential property in the city. (Sanchit Khanna/HT Photo)

Updated 941 days ago

Once again, no takers for Chandigarh Housing Board’s 88 commercial units

The 88 commercial properties that went unsold have been repeatedly put up for sale in five auctions this year. But despite the Chandigarh Housing Board slashing the reserve price by 10%, they have found no takers. (HT File)

Updated 991 days ago

Chandigarh stares at ₹150 crore loss from 18 unsold liquor vends

For the financial year 2023-24, the department had established a revenue target of <span class='webrupee'>₹</span>830 crore from liquor vend licence fees. (iStock)

Updated 1007 days ago

No takers for 18 liquor vends in Chandigarh even after 18th round of auctions

Chandigarh excise and taxation department’s move of slashing the reserve price of 18 of its remaining liquor vends by 50% failed to evoke the desired response, with all the vends going unclaimed even after the 18th round of auctions held on Tuesday. (HT File)

Updated 1112 days ago

Chandigarh: 17th round of liquor vend auction gets no bids

Last year, three out of the 96 vends on offer had remained unsold after seven rounds of auctions. (HT Photo)

Updated 1123 days ago

Chandigarh: Auction of Sector-39 grain market SCOs likely next month

HT Image

Updated 1142 days ago

18 liquor vends unsold, UT slashes reserve price by 50%

With 20%, 18 out of 95, of liquor vends failing to find takers even after 13 rounds of auctions, the UT excise and taxation department has slashed the reserve price for next round by 50%, the highest-ever reduction. (HT File Photo)

Updated 1163 days ago

Chandigarh: Only one liquor vend sold in 13th auction

Chandigarh has a total of 95 liquor vends, of which 77 have been allotted and 18 remain vacant. The vend allotted on Thursday is located in Industrial Area, Phase 2 (HT File Photo)

Updated 1166 days ago

Liquor vends: Chandigarh admn to go for 10th round of auction

For the financial year 2023-24, the UT excise and taxation department has fixed a target of <span class='webrupee'>₹</span>830 crore from liquor vends’ licence fees in Chandigarh. (HT File Photo for representation)

Updated 1189 days ago

Soon, Panchkula to get its own night food street

The tricity currently has one night food street which is adjoining the Panjab University in Chandigarh. (HT File)

Updated 1193 days ago

Chandigarh stares at ₹400 cr revenue loss as 8th liquor vend auction draws a blank

Finding no takers for its liquor vends and left with no option but to slash the reserve price multiple times, the UT excise and taxation department is staring at a revenue gap of almost <span class='webrupee'>₹</span>430 crore this financial year (2023-24). (HT File)

Updated 1194 days ago

Holding events at 3 Chandigarh grounds becomes costlier

In Chandigarh, the daily rent for holding exhibitions at the Sector 17 ground was <span class='webrupee'>₹</span>18,750, Manimajra ground <span class='webrupee'>₹</span>18,750 and Sector 34 ground <span class='webrupee'>₹</span>15,000. (HT File Photo)

Updated 1195 days ago

Only 6 of 128 units sold at Chandigarh Housing Board’s e-auction

While the Chandigarh Housing Board had offered 128 properties, including 38 freehold residential units and 90 leasehold commercial units, it could sell only six as the auction concluded on Tuesday. (Getty images)

Updated 1196 days ago

No takers: Only 3 liquor vends sold in Chandigarh’s 7th auction

Despite slashing the reserve price by 25%, only three out of the 25 available liquor vends in Chandigarh went under the hammer during the seventh auction held on Tuesday. (HT File)

Updated 1203 days ago

Lukewarm response to railways’ tenders for water-vending machines

The Indian Railway Catering and Tourism Corporation produces 14,500 cartons of Rail Neer everyday at its Ambarnath plant. Last month, when the plant was undergoing maintenance work, there was a shortfall in the availability of Rail Neer, which was filled with other brands of water (HT Archives)

Updated 1207 days ago

Liquor vend auction: Chandigarh admn slashes reserve price by 25% for 7th round

Chandigarh has 95 liquor vends, but through six auctions, being held since March 15, the Chandigarh administration has managed to allot only 70. (HT File Photo)

Updated 1209 days ago

Chandigarh: Only 5 of 29 liquor vends allotted in fifth round of auction

Liquor contractors have also cited the higher licence fee in Chandigarh for the poor response, which is <span class='webrupee'>₹</span>6 crore on an average compared to <span class='webrupee'>₹</span>1.5 crore to <span class='webrupee'>₹</span>2 crore in Punjab. (HT File Photo)

Updated 1215 days ago

4th liquor vend auction also proves damp squib, only 7of 36 vends sold in Chandigarh

The liquor vend in Sector 8 ( internal market) fetched the highest bid of <span class='webrupee'>₹</span>7,73,01,999 against the reserve price of <span class='webrupee'>₹</span>7,72,91,612, a difference of around <span class='webrupee'>₹</span>10,000. (HT FIle Photo)

Updated 1221 days ago

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