Live
- 10 Tried-and-Tested Home Remedies for Toothaches
- Thila Taila Abhishekah Pooja to Lord Shaneswara
- Sudheer Babu’s ‘Harom Hara’ set to release on this auspicious day
- Priyanka Gandhi says BJP talking of 'tinkering' with Constitution with PM’s nod
- Vishwak Sen unveils gritty avatar as ‘Lankala Rathna’ in ‘Gangs of Godavari’ teaser
- ‘Kalki 2898 AD’ locks release date; film to entertain audience from June last week
- LS polls: PM Modi says BJP-NDA leading 2-0 after first two phases
- Plea in Madras HC seeks special polling arrangement for names 'missing' from Coimbatore voter list
- Ex CM KCR Bus tour on 4 th day
- Youth National Games 2024 kick-start in Delhi; over 5,000 athletes from 15 states vying for top honours
HMDA fetches Rs 122.42 cr on first day of e-Auction for Mokila Layout phase-II
The e-Auction of Mokila Layout phase-II has fetched Rs 122.42 on the first day for HMDA. A total of 60 open plots were put to e-Auction on online bidding process through Central government’s e-action platform MSTC Limited.
Hyderabad: The e-Auction of Mokila Layout phase-II has fetched Rs 122.42 on the first day for HMDA. A total of 60 open plots were put to e-Auction on online bidding process through Central government’s e-action platform MSTC Limited.
The plots ranging from 300 syds to 500 syds and total area put to e-Auction on 2 sessions on Wednesday was 20,025 syds. HMDA has proposed a Residential Layout in an area of 165 Acres at 2 km from the Narsingi-Shankerpally road situated at Mokila village, Shankerpally Mandal, RR District as part of phase-II.
The upset price for the e-Auction was Rs 25,000 per sqyd with bidding multiples of Rs 1000 per syd and total anticipated estimated value of the sale-able area as per the upset price is Rs 50.07 crores.
“There is an overwhelming response in the e-Auction being close to the high developed areas such as Neopolis, Financial District, Narsingi, etc., the rates have touched a high of Rs 1 lakh per sqyd and total revenue received through the 2 sessions of e-Auction is Rs: 122.42 crores i.e. more than 2 times the base value. The average weighted price is Rs 63,512 per sayd i.e. more than 2 times the base upset price with an high value of Rs 1 lakh per sayd and low value of Rs 54,000 per sayd,” informed the officials.
