These luxury cars of Nirav Modi was auctioned
These luxury cars of Nirav Modi was auctioned
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The main accused of PNB scam and fugitive diamond trader Nirav Modi's luxury cars finally got the buyer. The cars of fugitive diamond trader Nirav Modi were re-auctioned on Tuesday after the first unsuccessful auction. This time, Modi's 7 cars were included in the auction. 12 cars were placed in the auction on April 25.

The enforcement directorate on Tuesday had six cars auctioned, including Rolls Royce Ghost and Porsche Panamera. In the last bid on April 25, Rolls Royce Ghost was sold in 1.33 crore and Porsche Panamera at Rs 54.60 lakh. The enforcement directorate said that while they were not priced well in the previous auctions, many shoppers failed to deposit the money and the highest bidder in the auction.

Rolls-Royce, which was 24,439 km in this time auction of 2010 models, kept the base price at Rs 1.5 crore while the minimum price of Porsche was fixed at Rs 60 lakh, while Mercedes-Benz's minimum bid was kept at Rs 40 lakh. But this time the auction Rolls Royce sold for Rs 1.70 crore, while Porsche got Rs 60 lakh in the auction. There were some cars whose bids at the auction were less than last time. They sold Mercedes Benz GL 350 for just Rs 48 lakh, whereas the last time the car received Rs 53.76 lakh, the Honda Brio sold for Rs 2.39 lakh, while the last Rs 3.90 lakh was received. This time Tata Innova got Rs 8.70 lakh while the last time the amount was Rs 9.12 lakh and Skoda Superb got no takers this time, while the last time the car sold at Rs 7.02 lakh. While the BMW X1 car of Mama Mehul vigil was Rs 11.75 lakh, the Toyota Innova Christa bisected at Rs 18.06 lakh.

According to media reports, in a bid on April 25, Metals and Scrap Trading Corporation (MSTC) had received an amount of Rs 3.29 crore in the online auction of 13 luxury cars of Nirav Modi and his maternal uncle Mehul Choksi. Earlier, the income tax department had auctioned the paintings of Nirav Modi in which Rs 59.37 crore had been recovered.

also read: These spectacular scooters were launched in May

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