YEIDA obtained an overall cost of Rs 80.76 crore from the public auction of these 3 stories, which is 12 times greater than the standard cost. (Representative/Shutterstock)
The e-auction, held from July 11 to September 17 saw business like Sanash Impex, Global Private Limited, and Challenger Computer Limited acquisition stories for over Rs 25 crore each
The Yamuna Expressway Industrial Development Authority (YEIDA) has actually simply auctioned 45 stories of land for company workplaces in Sector -22 E nearJewar Airport Their get cost of these stories was Rs 2.5 crore. Out of these, 3 stories which were of 1,000 square meters each, were auctioned for Rs 25 to 28 crore.
The e-auction procedure began on July 11 and upright September 17, 2024. Sanash Impex Private Limited got a story for Rs 25.84 crore. Global Private Limited got one more for Rs 26.64 crore and Challenger Computer Limited got the 3rd for Rs 28.28 crore.
YEIDA obtained an overall cost of Rs 80.76 crore from the public auction of these 3 stories, which is 12 times greater than the standard cost.
The overall get cost for all the 45 stories was Rs 112.50 crore, however in the public auction the authority obtained regarding 134 percent greater than the get cost, collecting a monstrous quantity of Rs 265.14 crore, making an extra earnings of Rs 152 crore.
All these stories that were sold lay at Sector -22 E nearJewar Airport Many huge company workplaces like Nasimunji, Patanjali, Vivo, JBM University, and numerous IT business have actually established their schools near that location. Due to its distance to Noida International Airport, high proposals were put for these stories.
YEIDA CHIEF EXECUTIVE OFFICER Arun Vir Singh claimed that the profits gotten from this public auction will certainly be purchased future jobs, which will certainly speed up the growth of the location. Moreover, under these jobs, around 5,000 individuals will certainly obtain employment possibility and a financial investment of Rs 500 crore will certainly be made on these stories.
