The cash-strapped Pakistan government on Monday sold 70 cars "above their market price" as it started the process of auctioning of 102 luxury vehicles of the PM House under Prime Minister Imran Khan's austerity drive, a media report said.

Apart from luxury cars, the government, facing huge debts and liabilities, plans to auction eight buffaloes kept by deposed and jailed former prime minister Nawaz Sharif at the PM House, a senior aide to Khan said last week. It will also sell the four surplus helicopters lying unused with the cabinet division.