Auction fetches lesser amount

Auction fetches lesser amount
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Highlights

The contract for parking fee rights was bagged by K Vinaykumar of Vikarabad in an open auction held here on Wednesday. The winner obtained the rights for one year by bidding at Rs 2,55,000.

Anantagiri: The contract for parking fee rights was bagged by K Vinaykumar of Vikarabad in an open auction held here on Wednesday. The winner obtained the rights for one year by bidding at Rs 2,55,000.

Though the amount was lesser by Rs 20,000 than the last year's bid, the rights were given to the highest bidder. The auction was the third time and there was no response for previous two auctions. Endowment Officer G Sekhar Goud, superintendent A Balaraju were also present.

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