1,014 sq yd plot sells for ₹33.4 crore in Chandigarh
Representative AI image CHANDIGARH: The real estate market in Chandigarh is booming. The latest auction by the UT estate office concluded on Thursday, achieving record bids that indicate a rise in investor confidence and soaring property prices. A residential plot in Sector 33, spanning 1,014 sq yards, commanded a striking Rs 33.4 crore—over twice its reserve price of Rs 14.9 crore. Even the smallest offered plot, at just 126 sq yards, sold for ₹4 crore against a reserve of Rs 1.7 crore. The auction netted a total revenue of Rs 168.85 crore, significantly surpassing the reserve price of Rs 75.29…