Chandigarh, September 26: the Auction Committee constituted by the Chandigarh Administration consisting of General Manager, Depot No. I & II, Asstt. Controller (F&A)-I & II and Representative of Chandigarh Administration auctioned 27 condemned buses of Depot No.II in an open auction here today. These buses were of 2000-2001 model and had outlived their life. The auction fetched Rs.55,65,000/-. With the auction of these buses, a large amount of space which was occupied by the condemned buses has been cleared where the existing fleet of CTU can be parked. Auction was held in a transparent manner and videography was done of the proceedings. The auction of remaining condemned buses will be held shortly.