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Economy Creative

Rajarhat Commercial Land To Gain High Price And Is Sold Via E-Auction

Rajarhat Commercial Land To Gain High Price And Is Sold Via E-Auction In a initial within the state, a 2-acre plot was sold off through e-auction. The West Bengal HIDC conducted this e-auction, during which the two acres at Rajarhat New Town was sold for Rs 10.10 crore for setting in place a senior secondary school. It plans to sell a lot of plots through online-auctioning. This barter was organised by MSTC, a government of India public sector endeavor. The method of on-line e-auction is much lot clear than the traditional bidding and auctioning.

Officials said that the best bid for the 2-acre of commercial land was Rs 10 crore and was quite brightening taking into the actual fact that the bid for the plot was created for setting a faculty of education and not any commercial establishment, like hotels or different profit creating establishments. At present, commercial property in Kolkata, Rajarhat New city prices concerning Rs 10 crore per acre. The entire method of e-auction is supervised by quality controllers, so no malpractice will happen. The bidders are given passwords and asked to relinquish digital signatures. The whole method to bid others takes place on-line.

Hidco has recently place …