Real estate auction fetches QR231mn
May 31 2021 11:13 PM
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An auction organised recently by the Evacuation and Judicial Auction Department at the Supreme Judic
An auction organised recently by the Evacuation and Judicial Auction Department at the Supreme Judiciary Council through the courts auctions app fetched a total sum of more than QR231mn from selling a building and a plot of land out of a total of 10 buildings.

An auction organised recently by the Evacuation and Judicial Auction Department at the Supreme Judiciary Council through the courts auctions app fetched a total sum of more than QR231mn from selling a building and a plot of land out of a total of 10 buildings. There was no bidding for the other eight pieces of real estate. Yousef Mohamed al-Bakir, head of the department, told local Arabic daily 'Arrayah' that the building sold was a house that fetched QR1,372,169 and the piece of land was sold for QR229,689,010. The first edition of online auctions was held by the department on November 25 last year.    



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