Mysore/Mysuru, March 15 -- Forest Department auction on Mar. 25; base price Rs. 1.25 crore; bid value to go up to Rs. 3 crore

For the first time in more than 10 years, the Karnataka Forest Department will auction sandalwood logs stored at the Government Sandalwood Depot (Sandal Koti) at Aranya Bhavana in Mysuru.

According to a notification issued by the Office of the Deputy Conservator of Forests (DCF), Mysuru Division, 48 lots of sandalwood, weighing about 138 Metric Tonnes of different classifications will be auctioned on Mar. 25 from 11 am to 2 pm through an online e-auction.

The Department has fixed the base price at Rs. 1.50 crore. However, Mysuru DCF (Territorial) K. Paramesh said, the final bid value could go up to Rs. 2 crore o...