Mumbai, June 5 -- A Rolls Royce Ghost and Porsche Panamera belonging to diamantaire Nirav Modi were sold for Rs1.70 crore and Rs60 lakh, respectively, in a re-auction held by the Enforcement Directorate (ED) on Tuesday.

Six of 12 cars were put on re-auction as the ED found the bids less for the Rolls Royce Ghost and Porsche Panamera, while sellers failed to deposit the requisite amount for four other cars. In the previous auction, the Rolls Royce Ghost fetched Rs1.33 crore while the bidding for the Porsche Panamera ended at Rs54.60 lakh.

Three cars that went under the hammer for the second time after bidders failed to deposit the amount, received bids of lesser value than at the first auction. The three cars are a Mercedes Benz GL 350, so...