Summary:
This is not the first instance where an auction faced such an issue.Even at earlier auctions, officials had to haggle with bidders for the right price. At the last auction organised by MCG, many properties in prime locations were sold at prices lower than the market prices. “We found out from our team that the bidders had come together to demand properties at lower prices. Sensing some understanding among the bidders, the officials informed their seniors in the corporation and a decision was taken to stop the auction mid way. GURUGRAM: MCG will be conducting e-auction for properties for which taxes have not been paid despite the corporation issuing several notices in that regard..