Two bedroom flat in Chandigarh sector 51 goes for Rs 1.1 crore

CHANDIGARH: A two bedroom (2BR) flat in Sector 51 A went for Rs 1.13 crore against a reserve price of Rs 97.53 lakh in a Chandigarh Housing Board (CHB) e-auction that concluded on Tuesday.

A total of nine residential freehold and two leasehold commercial properties were sold. The CHB had put up 49 freehold dwelling units and 91 leasehold commercial units for e-auction in different sectors.

The last date for submission of bids was Tuesday. The CHB generated Rs 6.34 crore against reserve price of Rs 5.72 crore.

The detail of successful highest bidders has been uploaded on the website of the Chandigarh Housing Board.

The whole process of e-tendering was completed with the technical assistance of National Informatics Centre (NIC), Chandigarh on its e-tendering platform. The highest bidder is required to make the payment by February 1.