Seven plots in New Town with specified uses were put up for tender sale. Few fetched very good response: for one institutional plot, Rs 34 crore was the price quoted for a 2 acre plot ie Rs 17 crore per acre. For a mercantile retail plot of 20 kottahs the highest bid amount was Rs 7 crore (ie Rs 21 cr per acre), for a restaurant of 20 kottahs it was Rs 4.50 cr (Rs 13.5cr per acre), for two health sector plots of 30 cottahs each, Rs 7 & 6cr (Rs 12 & 14 cr per acre).
However, two plots meant for Trauma Care (1 acre) and Geriatric Health Care (2 acres) only one bid was received for each. As per tender clause, these bids have not been opened and the time for submission has been extended by 15 days. Yesterday, the Hidco board ratified this. Here is the advertisement:
The following clipping from today's Telegraph recognises my days in SINP (Saha Institute of Nuclear Physics). I did my Post-MSc Associateship course there.
(There are some minor variations from what I told though)