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Home»Entertainment»4th liquor vend auction also proves damp squib, only 7of 36 vends sold in Chandigarh
Entertainment

4th liquor vend auction also proves damp squib, only 7of 36 vends sold in Chandigarh

April 1, 2023No Comments2 Mins Read
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Regardless of slashing the reserve value by 6% to 10%, the Chandigarh excise and taxation division might promote solely seven of the 36 remaining vends within the fourth public sale held on Friday.


The liquor vend in Sector 8 ( internal market) fetched the highest bid of <span class=
The liquor vend in Sector 8 ( inner market) fetched the best bid of ₹7,73,01,999 towards the reserve value of ₹7,72,91,612, a distinction of round ₹10,000. (HT FIle Photograph)

The liquor vend at Kajheri village was offered for ₹4,68,58,421 towards the reserve value of ₹4,68,58,420 — a distinction of simply ₹1.

Other than Kajheri, the opposite liquor vends auctioned are positioned in Sectors 8 (inner market), 15, 27-C and 38-D, Industrial Space, Section 1, and Mauli Jagran Colony.

The vend in Sector 8 ( inner market) fetched the best bid of ₹7,73,01,999 towards the reserve value of ₹7,72,91,612, a distinction of round ₹10,000.

The division earned ₹36.38 crore towards the reserve value of ₹35.89 crore.

Now, out of the entire of 95 liquor vends within the metropolis, 66 have been auctioned and 29 stay out there. By the 4 auctions, the division has earned ₹334 crore towards the reserve value of ₹311 crore.

One other public sale has been deliberate by slashing the reserve value additional by 3% to five%. The date can be introduced quickly, stated an official. Final yr, the division needed to maintain seven auctions and nonetheless couldn’t promote three of the entire 96 vends.

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4th 7of auction Chandigarh Damp liquor proves sold squib vend vends
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