Go

Follow Us

Sluggishness in realty sector shows on CHB e-auction

CHANDIGARH: Not many people are coming for the e-auction of the Chandigarh Housing Board.

Chandigarh, November 23

Not many people are coming for the e-auction of the Chandigarh Housing Board. An independent HIG flat in Sector 38 West was sold for Rs 50,000 more than the reserve price of Rs 2 crore today.

Sources said slump in the real estate market was one of the reasons for the low response to the auction. The CHB is e-auctioning vacant houses against the reserve prices fixed according to their respective collector rates.

The board is carrying out the process of e-auction of both commercial and residential and leasehold and freehold properties.

A CHB official said the e-auction process for the remaining properties has been extended to December 7, allowing more time to general public to place bids for various properties. — TNS

Show comments

Show comments

Top News

Unrelenting heat disrupts daily life; Met office issues a red warning for Punjab, Haryana, Chandigarh, Delhi

Fifth phase: Voting to be held on Monday on 49 Lok Sabha seats; Amethi, Rae Bareli among high-profile contests

‘Operation Jhadoo’ launched to ‘crush’ AAP, claims Kejriwal; BJP asks him to break silence on Maliwal's allegation

Swati Maliwal case: Bibhav Kumar formatted iPhone, CCTV footage of ‘assault’ incident blank, Delhi Police tell court

Gopi Thotakura becomes first Indian space tourist on Blue Origin’s private astronaut launch

Don’t Miss

View All

Surjit Patar’s writings will inspire generations: Ex-PM Manmohan Singh

Golgappa makes frequent entry into White House menu with guests being served with mouth-watering popular Indian street food

In the last year, it has been served at least a couple of times

40-year-old Delhi man takes 200 flights in 110 days to steal jewellery from co-passengers, would assume dead brother’s identity

2 separate cases of theft were reported on separate flights in the past three months, after which a dedicated team from IGI Airport was formed to nab the culprits

Deceased Haryana girl’s parents donate her organs

Organ donation: In death, Kaithal lad Shubham gives new lease of life to 5 patients

Mother's Day Special: How region’s top cops, IAS officer strike a balance between work and motherhood

Punjab DGP Gurpreet, Himachal DGP Satwant, Chandigarh SSP Kanwardeep, Ferozepur SSP Saumya, IAS officer Amrit Singh open up on the struggles they face

41-yr-old fulfils daughter’s wish, passes Class X exam

Enduring magic of Surjit Patar: A tribute to Punjab’s beloved poet

A tribute to Punjab’s beloved poet, who passed away aged 79 in Ludhiana

View all stories in this section

Most Read In 24 Hours

1

2

3

4

5

6

7

8

9

10