Staff Reporter

VISAKHAPATNAM: Auction of residential plots by Simhachalam Devasthanam in Vepagunta layout on Monday fetched nearly Rs.5 crores.

Of 35 plots in the size of 167, 200, 267, 300 and 350, 29 were applicants bid for price ranging from Rs.5,900 to Rs.10,550 per square yard as against upset price of Rs.5,800 per square yard. The odd bits and those considered against vaasthu found no takers.