Record bid for commercial space

by Paul Joseph on January 16, 2013 · 0 comments

In the highest ever auction of a commercial space in the city, a single-storey shop measuring 22.68 square metre at Sector 23A has fetched almost R1 crore for the Haryana Urban Development Authority (Huda). As many as 16 commercial booths (shops) in Huda sectors such as 4, 5, 9, 9-A, 23 came under the hammer on Friday, making the authority richer by about R13 crore. About 175 buyers participated in the auction. To be precise, the Sector 23A commercial booth in west Gurgaon was sold for R99.70 lakh. Another shop of similar size fetched R99.60 lakh. A senior Huda official said that all the booths were sold 30 to 40

[via India Properties – Real Estate India – Indian Property News Site]

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