166 sq yard plot for Rs 1.27 crore e-auctioned on first day
5 years ago

166 sq yard plot for Rs 1.27 crore e-auctioned on first day

Deccan Chronicle  

Hyderabad: A 166-square yard residential plot on the banks of the Musi went for Rs 1,27,82,000, with realtors pushing up the land price during HMDA’s Phase II e-auction at Uppal Bhagat on Saturday. Six plots ranging in the commercial and multi-purpose zones were auctioned for `30,400, just above upset price of `30,100 in plot sizes between 1,000 sq. Sources said that realtors had caused a surge in the price of residential plots in the morning session and dampened the prices of commercial plots in the evening. Though officials have refused to comment on the price disparities, HMDA principal secretary Arvind Kumar claimed that the bidding received overwhelming response and `155 crore was mopped up on the very first day.

Price Session Plot Plots Hmda Emd  yds  sq  rs  hmda  eauctioned  166  crore  realtors  day  plots  session  127  plot  yd  yard  officials  price

History of this topic

Hyderabad plots sold at record ₹100 cr per acre, fetch govt ₹3k crore
1 year, 5 months ago

Hyderabad plots sold at record ₹100 cr per acre, fetch govt ₹3k crore

Hindustan Times  

Hyderabad The Hyderabad Metropolitan Development Authority, which conducted the auction, said that the bid for a 3.60-acre plot was bagged by Hyderabad-based Rajapushpa Properties Private Ltd for the highest bid of ₹ 362.70 crore at the rate of ₹ 100.75 crore per acre The e-auction of seven prime open plots spread over 45.33 acres at Kokapet on the outskirts of …

Hyderabad s Kokapet Layout Land Goes for Rs 100 Cr an Acre
1 year, 5 months ago

Hyderabad s Kokapet Layout Land Goes for Rs 100 Cr an Acre

Deccan Chronicle  

Hyderabad: An acre at the Neopolis layout of Kokapet was sold for a record Rs 100.75 crore, at an e-auction conducted here on Thursday. The auction of 45.33 acres in the layout, divided into different plot sizes, fetched the government Rs 3,319.6 crore, against the upset price of Rs 1,586.50 crore. The second highest bid was by Navatris Investments at …

HMDA to hold e-auction of pooled lands, looks to generate Rs 250 cr
2 years ago

HMDA to hold e-auction of pooled lands, looks to generate Rs 250 cr

Deccan Chronicle  

Hyderabad: The HMDA would sell 81 acres at Lemoor and 96 acres in Inmulnarva villages to generate Rs 250 crore through an auction, as per a notification issued by the authority. The urban authority’s share would be 40 per cent, while 60 per cent would be the landowners’ share. A senior official said that the e-auction would be held next …

HMDA to raise Rs 600 crore via e-auction of lands
2 years ago

HMDA to raise Rs 600 crore via e-auction of lands

Deccan Chronicle  

Hyderabad: The Hyderabad Metropolitan Development Authority is planning to e-auction 1.20 square yards or roughly 25 acres of land in Ranga Reddy, Sangareddy, and Medchal-Malkajgiri districts, which is likely to fetch Rs 600 crore. The HMDA announced that plot sizes ranging from 300 to 10,000 square yards will be subject to e- auction, with the minimum price per square yard …

Telangana: HMDA to sell 3,786 plots to fill State coffers
2 years, 6 months ago

Telangana: HMDA to sell 3,786 plots to fill State coffers

Deccan Chronicle  

Hyderabad: The Municipal Administration and Urban Development department is on an auction spree. The department through Hyderabad Metropolitan Development Authority has issued a notification to auction as many as 233 prime plots in Turkayamjal, Thorrur, and Bahadurpally layouts on June 30. Ambedkar Open University, where the allotment of Bandlaguda flats was held on Monday, barring Bachupally e-auction the HMDA would …

HMDA all set for third phase of e-auction at Uppal Bhagayat
2 years, 8 months ago

HMDA all set for third phase of e-auction at Uppal Bhagayat

Deccan Chronicle  

HYDERABAD: The HMDA is all set to auction more land in the eastern part of the city. In December 2019, the HMDA put up 124 plots for auction in the second phase, wherein residential plots were e-auctioned for Rs 79,900 per sq. Overall, in the two days of the second phase auctions 39 out of 44 plots on offer were …

HMDA plans smaller plots to woo middle class buyers
2 years, 9 months ago

HMDA plans smaller plots to woo middle class buyers

Deccan Chronicle  

HYDERABAD: After realtors and developers shied away from the recent land auction by the Hyderabad Metropolitan Development Authority, the urban planning authority is said to be contemplating to divide 600 square yards and above plots to 150 square yards to 300 square yards to make it affordable for the middle class. The municipal authority earmarked 600 square yards for constructing …

Chandigarh Housing Board to auction 5-acre plot in IT Park for apartment project
2 years, 10 months ago

Chandigarh Housing Board to auction 5-acre plot in IT Park for apartment project

Hindustan Times  

Chandigarh Housing Board is all set to auction a five-acre plot in Information Technology Park, Chandigarh. There are a total of eight freehold residential plot sites in IT Park which the CHB had earlier planned to auction in one-go. It was in October 2006 that CHB had decided to develop residential, commercial and other infrastructure with Parsvnath Developers at IT …

HMDA mulls e-auction of 12 plots in KPHB
3 years, 1 month ago

HMDA mulls e-auction of 12 plots in KPHB

Deccan Chronicle  

Hyderabad: After mopping up Rs 474.61 crore by selling 39 plots in the e-auction of 44 plots in Uppal Bhagat, the Hyderabad Metropolitan Development Authority has decided to develop and auction 24 acres of land in the Kukatpally Housing Board Colony. "The auction will fetch at least Rs 1,200 crore and the HMDA will get some land in their possession …

Politicos - builders nexus hits auction of plots in Uppal Bhagat
3 years, 1 month ago

Politicos - builders nexus hits auction of plots in Uppal Bhagat

Deccan Chronicle  

Hyderabad: In an unusual turn of events, officials of the Hyderabad Metropolitan Development Authority were baffled to see the tepid responses to the e-auction of plots in Uppal Bhagat which was held recently. Though the plots are located in the prime area of the state capital, bidders preferred to keep away unlike in other auctions, and some even did not …

Uppal Bhagat e-auction day 3: Visitors dip
5 years ago

Uppal Bhagat e-auction day 3: Visitors dip

Deccan Chronicle  

Hyderabad: Day three of the Uppal Bhagat e-auction saw a lukewarm response from bidders. The HMDA sold 31,311.5 square yards for Rs 155 crore on the first day of the e-auction, 28,909.8 sq. yds for Rs 135 crore on the second day and 78,000 square yards for Rs 74 crore on day 3. yd but the commercial and multi-purpose land …

Few buyers: GMADA to hold properties’ auction every three months
5 years, 1 month ago

Few buyers: GMADA to hold properties’ auction every three months

Hindustan Times  

In view of its monthly e-auctions for various properties repeatedly evoking a tepid response, the Greater Mohali Area Development Authority has now decided to hold the auction only once in every three months. HT Image Over the past five months, GMADA held e-auctions every 1st to the 10th, but was not able to sell majority of the properties. Sanjeev Kumar, …

DDA to hold phase-II of e-auction for vacant plots
5 years, 10 months ago

DDA to hold phase-II of e-auction for vacant plots

The Hindu  

The Delhi Development Authority on Friday will launch the second phase of e-auction for vacant plots across the Capital, said a senior DDA official. Under the second phase, 97 residential plots, 25 industrial plots and 12 institutional plots will be offered apart from 14 kiosks and 22 vegetable platforms. The first phase which ended on January 25 saw plots ranging …

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