Two-bedroom flat sells for Rs 1.3 crore in Chandigarh sector 51

July 6, 2023

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CHANDIGARH: The Chandigarh Housing Board (CHB) sold eight out of 128 properties in its latest round of auction that concluded on Wednesday.

Out of 40 freehold residential properties, eight were sold, while there were no takers for 88 leasehold commercial properties.

Six two-bedroom flats in Sector 51 A were sold for above Rs 1 crore each, with the highest going for Rs 1.33 crore. The CHB earned Rs 7.87 crore against a reserve price of Rs 7.16 crore.

The CHB had added eight new residential properties from last auction in May.

Two-bedroom and economically weaker section (EWS) units and Category IV properties in Indira Colony, Manimajra, were among residential properties.

The costliest residential properties were 2BR houses in Sector 51A, with reserve prices ranging from Rs 92.78 lakh to Rs 1.07 crore.

In the auction, on May 31, out of the 35 residential properties only two could be sold. In an April auction, out of the 38 residential freehold properties, four were sold.

  • Published On Jul 6, 2023 at 11:00 AM IST

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