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HMDA to auction plots in Bachupally

  • Square Yard price pegged at Rs.25,000

  • The stage has been set to auction 73 plots in the Bachupally HMDA layout near the Outer Ring Road (ORR). A pre-bid meeting was held on Friday. Plot sizes available in the layout range between 266 and 487 square yards. The off-set price is fixed as Rs. 25,000 per square yard

 

It is pertinent to note that the layout is located among several gated community ventures on Miyapur- Bachupally road. The ground situation is such that there is no need for customers to vie with each other to grab the land in action because the people would be able to get a site in the surrounding areas more or less at the same price. However, some buyers are likely to evince interest in the project since it is a HMDA layout, which is free from legal wrangles.

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