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Sahib Singh, Empire Store parking lots in Chandigard rake in Rs 112 lakh in Bids

The highest bid was gained by Sahib Singh parking lot was Rs 62.50 lakh. The Empire Store parking lot went for Rs 50.05 lakh.

By: Express News Service | Published: June 16, 2016 3:52 am
Chandigarh, Chandigarh Parking lots, Chandigarh Parking lot bids, Chandigarh Sector 17 parking lot bids, Sector 17 parking lost auctions, Chandigarh news, Punjab Haryana news, India News, Latest news As the multilevel parking lot in Sector 17 was receiving poor response after the reopening of the two parking lots, the civic body opted for auction

THE SAHIB Singh and Empire Store parking lots in Sector 17 which were reopened amid relentless protests by traders fetched a whopping Rs 112.55 lakh on its auction held Wednesday.

The highest bid was gained by Sahib Singh parking lot, which fetched Rs 62.50 lakh against the reserved price of Rs 34.05 lakh by Rajesh Kumar. The Empire Store parking lot went for Rs 50.05 lakh against the reserved price of Rs 23.30 lakh to Rajnish Kumar.

The Kiran Cinema paid parking lot in Sector 22 that has been auctioned for the first time fetched Rs 43 lakh against the reserve price of Rs 12.64 lakh. It has gone to Rameshwar Kamboj. As this parking lot was being encroached upon by vendors, the civic body decided to auction it.

The auction of Sector 17 parking lots was the need of the hour for the MC. Finding that the multilevel parking lot in Sector 17 was receiving poor response after the reopening of the two parking lots, the civic body decided to float tenders for the same. Most people prefer to park their vehicles here instead of the multilevel parking lot as these were free and without any contractor.

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As per agreement with the traders, the two parking lots of Sector 17 have been opened only till the time 50 per cent of work of Sector 17 rejuvenation project is not complete. Once half the work is completed, the two parking lots will be closed again as the area would be developed under the Smart City project.

Till 11.30 am, the parking lots are closed so that traders park their vehicles at the multilevel parking. However, it was noticed that many people park their vehicles on the road itself, waiting for these parking lots to open, instead of going to the multilevel facility.

Earlier, in the auction of 22 paid parking lots, MC earned Rs 5.31 crore. Then, the highest bid went to Sector 35-C paid parking lot — 59 lakh.

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