Auction
The Andhra Pradesh Housing Board (APHB) has decided to resume the auction of the plots after a delay of four years as the real estate has been witnessing a development. The date given for the current phase of auction is November 22 wherein the board will display about 14 plots in Kukatpally Housing Board (KPHB) Colony [...] Continue Reading »
The Hyderabad Metropolitan Development Authority (HMDA) has collected Rs 125 crore through the auction of 42 plots in the city. The HMDA got Rs 84.74 crore for over four acres of land in Nandagiri Hills, the most prized possession of the authority. NetNet Ventures Pvt Ltd,bought the plot for Rs 18.5 crore per acre against [...] Continue Reading »
Refuting any rumours about the newly launched e-bidding being a failure, officials at the Hyderabad Metropolitan Development Authority (HMDA) declared that the initiative have worked perfectly for them. The department disclosed that response has been swift and that they are confident of completing the sale of the 42 layouts. The auction began at 11am on [...] Continue Reading »
In an event bearing political implications, Telangana Rashtra Samithi (TRS) activists on Tuesday staged a dharna in front of the Hyderabad Metropolitan Development Authority (HMDA) office against auction of plots. The activists alleged that thousands of acres of government land were either auctioned or handed over to various firms and individuals by the state government [...] Continue Reading »
Videsh Sanchar Nigam Ltd (VSNL) is planning to bid away its surplus land very soon. The land is spread over 773 acres and is estimated around Rs 6200 crore. The biggest part is available in Pune and the most expensive in in Delhi. The land was unused since 2002 and the now luck has favoured it [...] Continue Reading »
No more land mafia dealings in concern with government land. Yes, it has been decided that the sale of any government land from now onwards will have to pass the cabinet clearance. Kolkata mayor says that the norm will not be applicable to Kolkata Municipal Corporation (KMC) as it is a local self government. Meanwhile, West [...] Continue Reading »
