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Bids of Rs 63cr and Rs 62cr make Gurgaon's DLF-3, Shankar Chowk Haryana's top excise grossers so far

Bids of Rs 63cr and Rs 62cr make Gurgaon's DLF-3, Shankar Chowk Haryana's top excise grossers so far

Time of India7 days ago

Gurgaon: The inaugural auction of liquor vends under the new excise policy for the city's west zone has raked in 10% higher revenue than the base price set by the govt. The highest bids, not just in the city but across Haryana in this round, were Rs 63 crore for the DLF 3 zone and Rs 62 crore for the Shankar Chowk zone.
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In the west zone, which includes upscale areas like Cyber Hub and Udyog Vihar, 62 of 83 zones were auctioned on Tuesday. Total bids in the zone reached Rs 1,270 crore. The reserve price was Rs 1,152 crore. Manesar demonstrated robust competitive bidding, with closing amounts that were 20-30% higher than the opening price. Deputy commissioner Ajay Kumar said new tenders for the remaining zones in the west will be invited in the first week of June.
Shankar Chowk zone, which extends till IFFCO Chowk netted almost the same bid as the reserve price while the DLF-3 zone netted Rs 3 core more than the opening price. Udyog Vihar-5, the third highest, went for Rs 38.6 crore, which too was almost the same as the reserve price.
Several zones beyond the central business districts of the city received bids 20- 50% higher than the opening price. The highest bidding was witnessed in Gadauli, which went for Rs 28.13 crore against a reserve price of Rs 18.5 crore, an increase of around 52%.
Minda Chowk was auctioned for Rs 21.6 crore against an opening price of Rs 17 crore, an increase of 25%.
The Sector 17A zone was allocated for Rs 19.37 crore against a reserve price of Rs 15.5 crore, a 25% rise. The Sanjay Gram zone went for Rs 18 crore against the reserve price of Rs 15 crore, a rise of around 20%. The Maruti Udyog zone was auctioned for Rs 20.32 crore against an opening price of Rs 16.85 crore, an increase of 21%.
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Basai Chowk went for Rs 22.7 crore against a reserve price of Rs 19.4 crore, marking an increase of 17%.
Three zones in Manesar received bids that were 20% more than the reserve price. Manesar Sector 7 bus stand went for Rs 22.8 crore against Rs 17 crore, an increase of 32%. Pataudi Road (IMT Manesar) went for Rs 25.13 crore, while the reserve price was Rs 19 crore.
The bidding saw an increase of 32%. Bass Harai Dhana Road in Manesar went for Rs 18 crore against a reserve price of Rs 14.86 crore, recording an increase of 21%.

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