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All 299 liquor vends in Mohali sold in one go for ₹849cr
Hindustan Times Chandigarh
|March 18, 2025
Tarsem Chand was the top bidder, bagging 16 vends in Zirakpur-2 for ₹77.33 crore and 25 vends in Kurali for ₹61.33 crore
MOHALI: Two weeks before the 2025-26 Excise Policy kicks in, the Mohali excise department successfully auctioned all 299 vends in the district in one go on Monday, generating an impressive ₹849.16 crore against the reserve price of ₹595 crore.
In addition, the department earned ₹3.30 crore by charging a non-refundable application fee of ₹5 lakh from 66 applicants for the 299 vends. As many as 12 applications were rejected for not meeting the technical bid requirements.
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