Odisha Sun Times Bureau
Bhubaneswar, Jun 17:

The immovable properties of Odisha-based chit fund firm Astha Group of Companies were today sold through e-auction.

e auction

According to reports, three plots measuring 397 decimal were auctioned for Rs 11.94 lakh through MSTC Ltd website.

Three plots of Astha Group of Companies under Chilika Tehsil have been sold for Rs 11.94, Cuttack ADM BB Das informed.

Notably, the base price of the properties was fixed at Rs 11 lakh.

The government-run corporation had put up around 3.447 acres of land in Chilika and Chhatrapur area belonging to the Ponzi firm for sale from 11 am to 3 pm.

Today’s round of e-auction has come as a relief for the state government as no bidders evinced interest in the previous auctions of the assets of Rose Valley Group and Safex Infra India Ltd.