Thursday, August 9, 2012

E Auction of Automobile Showroom

The e-auction of the 40 kottah automobile showroom was concluded today at 3.24pm. The highest offer was Rs 10.25 crores. This plot is along the main road to airport in New Town, in Action Area II. With this, there will be showrooms of Maruti Suzuki, Tata Motors, Toyota, Mahindra and one more. Few have already started construction. All are situated in the same area roughly.
* * *
 The Task Force on Rabindra Tirtha has been formed. The formal notification will come out on Monday but the file has been signed. The Chairman is Minister Firhad Hakim. Members are : Jogen Chowdhury , Subhaprasanna, Dwijen Mukhopadhyay, Saonli Mitra,Joy Goswami, Nandini Chakraborty and Debashis Sen.


  1. which automobile company has won it?

  2. This is awesome,it seems exactly like we have Auto Malls here in US.In a single place you have almost all major dealers.Way to go Newton and Mr.Sen!!

    By the way,From the HIDCO map,it seems a interstate bus stops and group of media houses are also coming close to this Auto Mall,is that true?

  3. Not sure about the Kotta conversion....but I guess it translates to 15.5Cr/Acre which is close to ICAI plot cost (17Cr/Acre)....nice to see price discovery in action.