Monday, January 30, 2023
HomeBusinessNoida Tea Seller Bids Rs 3.25 Lakh Per Month For A Kiosk

Noida Tea Seller Bids Rs 3.25 Lakh Per Month For A Kiosk

Sonu’s father is confident that his son will make a profit from the business

Sonu Kumar Jha, a tea seller, has made an offer to pay a monthly rent of Rs 3.25 lakh for a 2.2 by 2 meter kiosk in Noida’s Sector 18.

Noida Authority held an auction earlier this month for the Kisk K-3 along with six other kiosks under its “commercial kiosk allocation”. The base price of the kiosk was about Rs 27,000 per month.

Kiosk K-3 is located near Triangle Park opposite McDonald’s fast food restaurant chain in Sector-18 market.

Sonu Kumar Jha sells gutka and tea along with his other relatives. There were 20 other contenders participating in the auction.

“Sonu will have to pay 14 months rent in advance to Noida Authority i.e. about Rs 45 lakh to own the kiosk,” said Sonu’s father, Digambar Jha in an interview with NDTV.

Sonu’s father is confident that his son will make a profit from the business. They plan to sell more food related items.

Digambar Jha told NDTV that Noida Authority often removes unauthorized stores. With the K-3 kiosk there will be no such problems and it will be a permanent solution.

Featured video of the day

Man dressed as teddy bear shoots train roll for ‘likes’, officers watched

See also  तहलका मचाने आ गया मेड इन इंडिया Pravaig Defy इलेक्ट्रिक SUV, सिंगल चार्ज में मिलेगा 504 किमी का जबरदस्त रेंज ... - Lalluram Hindi news, हिंदी न्यूज़, Hindi Samachar
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments