Faridabad Liquor Shop Sets New Record at ₹52.68 Crore

A liquor shop license at the Badarpur border in Faridabad has been sold for a record-breaking ₹52.68 crore (₹52,67,99,999). This coveted location, situated on the Delhi-Haryana border, has long been a hotspot for businesses due to its consistently heavy foot traffic.

Prime Location Drives High Bidding

The Badarpur border outlet’s prime location has consistently made it a hot property. Back in 2015-16, the license for this same location fetched a then-impressive ₹20.17 crore. Nine years later, it has shattered that previous record, demonstrating the enduring appeal and profitability of this strategic location.

A Coveted Spot for Business

The high price tag reflects the expectation of significant revenue generation due to the constant flow of customers between Delhi and Haryana. The 21-month license period offers the new owner a substantial window to capitalize on this bustling border crossing.