jaipur rajasthan housing board rhb has concluded its largest land deal ever in the city in what is pegged to be the most expensive real estate deal in the mansarovar area the board closed the sale of a 45632square metre plot for a whopping rs 488 crorethe rhb has created a history its the biggest land deal done by any government agency in the city the board had fixed a minimum bid price of rs 89500 per square metre for the plot renowned companies of the country such as pacific development corporation ltd and density retail mall developers pvt ltd competed till the last pacific mall finally succeeded in buying it after bidding rs 107000 per square metre said rhb commissioner pawan arorarhb claimed that no government agency has so far sold any plot at such high rates earlier in 200607 jda had sold property worth rs 92 crore in a single day in the state similarly in the past rhb has made a record by selling property worth rs 123 crore said an officialmansarovar scheme which is considered asias biggest housing scheme does not have a single big mall or multiplex taking a note rhb planned an eauction of a commercial plot to construct malls and multiplexes after the proposal received approval from the project committee chaired by the principal secretary of udh the huge plot was put under the hammerrhb is also developing city park and fountain square near this plot now a new commercial hub will accelerate the development of mansarovar area arora said to make the eauction of this commercial plot successful rhb adopted a marketing strategy and invited companies from across the country ten companies participated in the auction