Monday, December 09, 2019
facebook
Jalandhar

Posted at: Jul 16, 2019, 7:52 AM; last updated: Jul 16, 2019, 7:52 AM (IST)

JIT earns Rs8.75 crore in auction

JIT earns Rs8.75 crore in auction
JIT Chairman Daljit Singh Ahluwalia presents a bouquet to the first buyer during the auction of properties in Jalandhar on Monday. tribune photo: Malkiat Singh

Tribune News Service

Jalandhar, July 15

In the first auction conducted by the Jalandhar Improvement Trust (JIT) since the appointment of new Chairman Daljit Ahluwalia last week, the civic body today earned Rs 8.75 crore selling 28 properties.

As many as 68 sites worth Rs 25 crore, including residential and commercial properties (booths and SCOs), in Surya Enclave, Maharaja Ranjit Singh Avenue and Bhagat Singh Colony were put on sale.

The JIT, which intends to make collections to pay back liabilities worth Rs 200 crore, was able to sell one third of the properties put on auction.

Ahluwalia and EO JIT Surinder Kumari also presented a bouquet to the first buyer during the auction.

COMMENTS

All readers are invited to post comments responsibly. Any messages with foul language or inciting hatred will be deleted. Comments with all capital letters will also be deleted. Readers are encouraged to flag the comments they feel are inappropriate.
The views expressed in the Comments section are of the individuals writing the post. The Tribune does not endorse or support the views in these posts in any manner.
Share On