UIT Sells 8 Plots worth Rs.9 Cr

UIT Sells 8 Plots worth Rs.9 Cr

The Urban Improvement Trust continued the auction of plots at its premises today. In the auction, a total of 8 plots were put up for sale, and all of them were sold out. The 8 plots at Hiran Magri sector 9 were sold out for Rupees 3 crore, 69 lacs.

 

UIT Sells 8 Plots worth Rs.9 CrBuyers have shown much interest on the second day of the UIT auction.

The Urban Improvement Trust continued the auction of plots at its premises today. In the auction, a total of 8 plots were put up for sale, and all of them were sold out. The 8 plots at Hiran Magri sector 9 were sold out for Rupees 3 crore, 69 lacs.

Starting with the minimum amount of Rs. 1,500 per sq. ft the bids went up to the maximum of Rs. 1912 per sq. ft.

The auction will carry on for one more day for selling out the remaining commercial use plots in Hiran Magri, Sector-9.

“Since last 15 years, UIT has been introducing several schemes every year, under which lands in various areas of Udaipur are acquired from farmers or private landholders. All these lands are acquired at the current running DLC rates in the market and later sold by auction”, said R. P. Sharma, Accounts Officer, UIT.

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