Summary:
Tribune News ServiceChandigarh March 17The local unit of AAP has raised questions over the decision of the Chandigarh Housing Board (CHB) to sell properties through e-tendering process instead of e-auction. President of city AAP Prem Garg says such a process may cause a huge revenue loss to the exchequer as bidders will have no opportunity to compete with the other bidders and thus ad hoc bids filled in e-tenders by purchasers will have to be accepted by the board though the second lower bidder might be willing to buy the property at a much higher price in e-auction. He said the CHB could use the NIC or any other professional e-auction platform by getting the necessary approvals. In a communication to Manoj Parida Chairman CHB and Yash Pal Garg CEO of CHB Garg has cautioned that the board may lose heavily by this “misadventure”..