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After two failed auctions, CR sells 62 bikes on third attempt

Authorities lifted the reserve price on the auctioned bikes and subsequently all the vehicles were sold for Rs 4.18 lakh at the final auction on Tuesday

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Nearly three months after their first failed attempt to auction off motorbikes at Wadi Bunder yard, the Central Railways (CR) succeeded in selling all motorbikes in the third and final auction held on December 11, when 62 bikes were sold for a total of Rs 4,18,500.


Failed attempt:u00a0At the auction held at Wadi Bunder on September 25, there were no takers for the bikes as the reserve price set by CR was too high

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