MC rides away with Rs 44.6 lakh from two parking lot auctions

The Chandigarh Municipal Corporation earned Rs 44.6 lakh through the auction of two paid parking lots. Of the three parking lots that were to be auctioned, one did not find any taker.

The paid parking lot near Piccadily Square, Sector 34, was auctioned for Rs 16 lakh, while the reserve price was Rs 4 lakh. The parking lot in Sector 22, opposite the bus stand, was auctioned for Rs 28.6 lakh against the reserve price of Rs 19.5 lakh.

The civic body received such a positive response to the auctions after a long time. The auctions over the past one year were receiving bid amount close to the reserve price.

The MOH paid parking lot, however, did not found any takers. The parking lot has not been auctioned, despite several attempts. In fact, the paid parking has not found any takers in several auctions held over the past one year. The presence of a large number of government offices in the area proves to be a deterrent. With government vehicles being parked here everyday, the paid parking lot remains occupied throughout the day.

Councillor Mukesh Bassi, who was one of the auction observers, said, "Two paid parking lots received a good response from the contractors. The MOH parking lot has not found any takers due to the presence of government offices. It is now being proposed that the area of the parking lot be increased and then auctioned."

In the last one year, the MC had cancelled the auction of the paid parking lots twice after the auction price received was less than that received in earlier auctions. Due to this, several paid parking lots had become vacant with no contractors managing them. It was a few months back that the parking lots were successfully auctioned.

Civic body prepares Rs 200-cr budget, Mayor asks councillors for proposals

... contd.

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