A shop worth five crore rupees! Surprisingly, this truth is that the drug shops are being auctioned in the Trauma Underpass of the SMS Hospital. The bid for shops for 15.92 sqm has reached 32 lakh 61 thousand rupees per square meter. Not only this, the bid for the SC-ST category store has reached Rs.44.36 million. That is, 28.81 lakh per square meter. It is not only Jaipur but it is considered to be the highest price for any shop in the entire state.
Why so expensive?
JDA officials say that there have been a number of big auctions before this time, but such a big bid has never been revealed for small shops. Earlier, earlier in the Ashish market too the shops had spoken a lot, but this time the records of JDA are breaking down. Among the bidders for tromas underpass shops, large drug businessmen outside the city are also joining.
1. The shop will be of self for 99 years
There are about 30 shops outside of SMS, but most of these are turban or rent. JDA is selling 15.92 square meters of shops at 99 years lease. Because of this, there is a huge competition against them.
2. Dependency on outside shops will decrease
When drug shops of trauma underpasses start, patients will not have to cross the road to bring the medicine to the patients. Having shops in underpass will get priority for them.
3. Profit in drugs is 1500%
Even after free medication scheme, there is a crowd on medical outlets outside of SMS. The drug’s profit lasts up to 1500%. That is why this high bid is so high.
Who is the buyer?
On June 21, two shops were auctioned. Of a general class. Of the second reserved category There were 70 traders in the auction. Naveen Sanghi bought the general category shop for 5.19 crore. Sanghi Jaipur is secretary of Chemist Association of Jaipur. After purchasing the shop, he said, “It was the first time that the purchase was for a permanent purchase.” Three and five million traders had bid for five million. I took a little more bid and took the shop.
Two out of 22 shops have been auctioned. The minimum bid will increase. On June 28, two more stores will be auctioned.
This was the first time that the cost of a project came out, even profits
JDA Commissioner Vaibhav Galalia said that the rate of the rate has come as a surprise to all. Such rates have not come before. By which the entire cost of the project came out, and many times the profit was also binding. This is a good model, more such projects will be brought in the future. Nonetheless, we are going to increase the bid rates for shops now.