The Chisinau authorities sold plots of land for a total of 12,000 lei at a recent auction. One plot was sold at a price that was 34 times higher than the initial one. The information was made public by deputy mayor of Chisinau Nistor Grozavu at the May 3 meeting of the Chisinau City Hall officials, Info-Prim Neo reports. According to Nistor Grozavu, nine of the 11 plots put up for auction were sold. Each of the plots was sold for more than 1 million lei. Lease agreements were signed for another four plots. “The prices rose about four times. If the winners fulfill their obligations, about 12 million lei will be collected into the municipal budget,” Grozavu said. He added that at least two legal entries and at most 15 entities bid for a plot. The Chisinau administration planned to collect more than 50 million lei from the sale or lease of land in 2010.