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Auction of plots on the Bundh day

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The available source at the www.propertykhazana.com says that an Auction took place and the prohibited shops, builders and developers in the Indian Capital had bid for 15 commercial plots, each measuring 20 acres of Rs 2.70 billion. This auction took place on a strike day called by the ‘Amid a traders’. On Monday this public sale took place.
In the northwest Delhi’s Bawana locality 15 plots located put to auction by the Delhi State Industrial and Investment Development Corp (DSIIDC) for the first time, which was the largest industrial area in the country. According to the statement of the company the auction took place between 600 applicators and 400 bidders who attended the proceedings. From the price bid averaging Rs 60,000 per sq feet that the property measures 1,000 sq meters to 8,000 sq meters has collected Rs 1.50 billion.
In the Bawana Complex the auction took place for the first time for the set of properties belongs to the commercial properties. Mangat Ram Singhal who is the Industry Minister of Delhi’s inaugurated this auction and Jalaj Shrivastava the managing director of DSIIDC revel to the sources.
Source: NIMMA BENGALURU

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