22 kottah plot sold at Rs 6.85cr in auction in Rajarhat

The financial hub Rajarhat is getting more and more tough for property buyers, as the price of property is increasing very fast. In a recent news a 22 cottah plot in action area 1 in newtown rajarhat has beed sold at Rs 6.85 crore, at a rate of Rs 18.45 crore per acre.  A polyclinic cum day care center has to be established i that plot to serve the needs of local residents. 
"We had put up a 22-cottah plot located in Action Area I for auction to set up a polyclinic cum day care centre. The last date of application was November 9. The plot has received a highest bid of Rs 6.85 crore, which is equivalent to Rs 18.45 crore per acre. We are working to complete the formalities quickly so that the process of setting up the day care centre can start at the earliest," said Hidcochairman cum managing director Debashis Sen. 
So far, New Town lacks a hospital or polyclinic, said officials. Local residents hence depend on neighbouring areas of Salt Lake or VIP Road to attend to health issues. The number of people living in the township is estimated at 15,000. But with more highrises coming up in the area, the population is expected to shoot up further. 
Hidco planned to sell the land for a polyclinic keeping in mind the need of the residents. The news will come as a relief to them, felt officials. 
In August this year, in the highest ever land auction for Rajarhat New Town, a 2.5-acre plot for a retail cum office complex fetched Rs 51.13 crore. The land, priced at more than Rs 20 crore per acre or Rs 34 lakh per cottah, broke all land selling records in Rajarhat New Town in terms of per acre price. 
Source: timesofindia 
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