IKEA buys 10-acre plot in Gurugram for â¹842 crore
The Haryana Urban Development Authority (HUDA) has sold 9.82 acres of commercial land in Gurugram to Swedish furniture maker IKEA for â¹842 crore in its single largest property e-auction. The site was put up for e-auction three times earlier, but had no takers until IKEA's successful bid on October 31. HUDA earned around â¹1,260 crore this fiscal through e-auctions.