In these times of high costs, owning a home has become a dream for the average person. Building a house in an urban area requires spending lakhs of rupees. Yet, in such a climate, one individual has managed to purchase a well-furnished 2BHK flat for just 13.3 Yuan—equivalent to 155 Indian Rupees. This astonishing event recently took place in China and has become a global talking point. In places like Delhi-Noida, you wouldn’t even be able to buy a plate of momos for 155 rupees, yet this person has made headlines by securing a furnished 2BHK flat for that same amount. Talk about a stroke of incredible luck!
This auction was held on Alibaba’s online platform during China’s famous ‘Double 11’ online shopping festival. According to a report by the South China Morning Post, this apartment is located in China’s Henan province. A property developer auctioned off a flat on one of the country’s largest online platforms at an incredibly low price. One individual managed to secure it for just 13.3 yuan—equivalent to approximately 155 Indian rupees. Notably, the flat comes fully furnished. The winner of the auction stated that he had not expected to win the apartment; he intends to use it occasionally for winter vacations. The report further notes that although he won the auction for only 155 rupees, he will still need to pay around 2,000 yuan (approximately 28,000 Indian rupees) for the preparation of the legal agreement. This flat is located in Heilongjiang Province, in northeastern China. The 732-square-foot apartment features two bedrooms and is situated on the seventh floor of a building. It was auctioned on Alibaba’s auction platform during China’s “Double 11” online shopping festival. The auction started at just one yuan. The minimum bid increment was 0.01 yuan, while the final winning bid was 11 yuan—approximately 155 Indian rupees. According to records, a total of 1,677 people participated in the auction, and 1,001 bids were placed. The auction concluded on November 5. The news of a flat being acquired for just 155 rupees has become a topic of much discussion.
