Urban News

  • Increase font size
  • Default font size
  • Decrease font size

5 parking lots go for Rs 1.15 cr

Print PDF

The Times of India        07.12.2010

5 parking lots go for Rs 1.15 cr

CHANDIGARH: UT municipal corporation on Monday auctioned five paid parking lots in the city at a cost of Rs 1.15 crore. Out of these, three would be semi-automatic, while the remaining two will be manual.

Gurdev Studio semi-automatic parking lot in Sector 17 was auctioned for Rs 27 lakh against a reserve price of Rs 21.75 lakh. The reserve price for semi-automatic parking lot of MOH parking in Sector 17 was Rs 9.65 lakh while it was auctioned in Rs 15 lakh. The reserve price for the semi-automatic parking lot in Sector 22-B (opposite bus stand) was Rs 17.70 lakh and it was auctioned in Rs 26 lakh.

The reserve price for Sector-34 zone-parking I was Rs 27.75, but it could fetch only Rs 28 lakh. The reserve price of Lakh Club parking lot was Rs 17.25 and it was auctioned in Rs 19.05 lakh. This was the second auction of parking lots in the last 20 days. On November 15, the civic body had auctioned 16 parking lots, including fully-automatic, semi-automatic and manual lots in various parts of the city.

Earlier, a conflict had arisen between civic body officials and parking lot contractors as MC had decided contractors should themselves upgrade parking lots to automatic and semi-automatic. But after a meeting it was decided that MC would carry out the upgradation, and maintainence would be done by contractors.