Sector 51 two bedroom flat sold for ₹1.3 crore, Real Estate News, ET Real Estate

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Chandigarh: The Chandigarh Housing Board ,chb) sold eight of the 128 properties in the latest round of auction that concluded on Wednesday.

Of the 40 freehold residential properties, eight were sold, while 88 leasehold commercial properties had no takers.

Six two-bedroom flats in Sector 51A were sold for over Rs 1 crore, with the highest price being Rs 1.33 crore. CHB earned Rs 7.87 crore against the reserve price of Rs 7.16 crore.

The CHB had added eight new residential properties from the previous auction in May.

Two-bedroom and Economically Weaker Section (EWS) units and Category IV properties Indira Colony, Manimajrawere among residential properties.

The most expensive residential properties were 2BR homes in Sector 51A, with reserve prices ranging from Rs 92.78 lakh to Rs 1.07 crore.

Out of 35 residential properties, only two could be sold in the auction held on 31 May. In April’s auction, four of the 38 residential freehold properties were sold.

  • Published on July 6, 2023 at 11:00 am IST

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