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Real Estate Forum on Auction

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Q: Hai I just wanted some information as to how much was the total amount pulled from the recent parking lots auction in Ludhiana?

Latest Answer: Totally Municipal Corporation in Ludhiana earned Rs 1.36 crores from recent auction of the multi level parking lot.
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Q: What is the reason that MMRDA will not do any auction for the lands from next year on wards?
Latest Answer: The real estate is now hit by reccesion and will continue till 2012 so the real estate developers has decided to stop the land auction from the next year.
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Q: Why HMDA is giving their Jawaharnagar plot for auction? When is the auction going to take place?
Latest Answer: HMDA is running through financial crisis so the authority is planning for an auction. The auction will take place by the end of this month as they are waiting for the government clearance.
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