The Union Territory of Chandigarh has managed to register 22 per cent growth in revenue collection from the auction of 53 liquor vends, despite the ban on liquor shops within 500 meters of highways.
Against the reserve price of Rs 139 crore from the auction of 53 liquor vends, the UT Chandigarh Excise and Taxation Department received bids to the tune of Rs 170 crore, said an official of the Department on Wednesday.
One liquor shop was auctioned at the highest ever price of Rs 9 crore.
"We have seen 22 per cent growth in revenue collection from the auction of 53 liquor vends," the official said.
The Department also saw highest ever revenue bid of Rs 9 crore for auction of a liquor shop located in sector 42 here, followed by Rs 7 crore bid for a vend in Sector 44 here.
"Under the single unit system, the liquor vend in Sector 42 was auctioned at highest ever price of Rs 9 crore," he said.
In the wake of Supreme court order, there will be 77 liquor vends in the city for the year 2017-18. As many as 22 liquor vends were shut down which were within the 500 meters of the highways, the official said.
The Department has pegged the revenue of Rs 202 crore from the auction of 77 liquor shops for the year 2017-18.
"The decision for the auction of remaining liquor shops will be taken soon," he added.