Sand Ghat auctioning yields double revenue

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The much awaited auctioning of 14 sand ghats located in the periphery of the State capital was done by the district administration on Thursday for a total amount of Rs 4,46,860,00 making a profit of over Rs 2 crore than the earlier bidding. Auction of sand mining rights was done by the district administration through the process of bidding on the basis of applications received in this regard by the bidders.

“We are in a profit of more than Rs 2 crore than the last bidding of sand ghats. Kanchi sand ghat alone was auctioned for a maximum or Rs 2.25 crore. It was auctioned for the same amount last time also otherwise for other ghats maximum amount of the last year was fixed as the minimum amount this time,” said Ranchi DC Manoj Kumar.

Similarly, Salsood sand ghat under Sonahatu, which is also a part of Kanchi, was auctioned for Rs 1.10 crore which was earlier auctioned just for Rs 22 lakh. The auction however, will be valid for a period of three financial years from the date of issue of patta to the respective ghats, added the DC.

Referring to the remaining 18 sand ghats for which, bidding could not be done on Thursday, as no any bidder came up for them till date. The process of bidding will again be started for them fixing another date for auctioning, the DC added.

Daily Pioneer
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