- HMDA issues notification
- Official begin exercise auctioning in three districts seperately
- Puppalaguda, Gandipet, Serilingampally
- Patancheru, Ramachandrapuram, Ameenpur
- Ghatkesar, Kukatpally, Quthbullapur
HMDA has raised the curtain for land auction yet again. It has decided to sell plots in Rangareddy, Sangareddy, Medchal-Malkajigiri districts. Plots measuring 41,971 square yards are available for auction at Survey No. 366 in Puppalaguda and Gandipet in Ranga Reddy district. The initial price is fixed at Rs 35,000, Rs 60,000 and upto Rs 1.1 lakh per yard. Plots admeasuring total 12,784 sq.yards in different parts of Serilingampally are priced at Rs 1 lakh and Rs 1.5 lakh per sq.yard.
Plots with a total area of 41,038 yards are being auctioned in Patancheru, Ramachandrapuram (RC Puram), Ameenpur, Jinnaram and other areas of Sangareddy district. The land price ranges from Rs 10,000 to a maximum of Rs 70,000 per sq.yard. Plots with an area of 25,228 yards are ready for auction in areas like Ghatkesar, Kukatpally, Gandimaisamma and Quthbullapur. As for the price, it ranges from Rs 20,000 to Rs 73,000 per sq.yard which varies as per the location.
Pre-bid meetings will be held in Ranga Reddy, Sangareddy and Medchal-Malkajgiri districts on January 4, 5 and 6. Participants will have to pay the registration fee of Rs 1,180 by the January 16. This fee is non-refundable. The last day to pay EMD is January 17. The auction will be held on January 18 from 11 am to 2 am for 20 plots. After that, 17 more plots will be auctioned from 3 pm to 6 pm. HMDA said the minimum increase in bid value would be Rs 1,000 per sq.yard. The auctioned plots are undisputed lands without any complications. After winning the plot in the auction, the house construction can be launched immediately. All plots have black top road connectivity. For site visit and other details visit www.mstcecommerce.com or www.mstcindia.co.in or www.hmda.gov.in/auctions websites, a HMDA release said.
