Hyderabad Metropolitan Development Authority (HMDA) will conduct e-auction for plots in the Uppal Bhagat Layout and few other places 9 a.m. onwards on September 8. While the Uppal plots will auctioned on that day, e-auction for 28 other plots will be held on September 9, said Commissioner T. Chiranjeevulu on Monday.
A total of 95 plots in 1,44,500.19 sq. yards area will be auctioned of which 67 are in Uppal Bhagat. Interested citizens should first register by paying ₹500 and GST extra for participating in the auction on or by September 6 and pay 10% fee as EMD and quote at least ₹100 more.
Those winning the bids after the e-auction will be informed immediately and 25% of price should be paid within a week. The rest of the amount can be paid with 10% interest in 90 days, 12% interest in 180 days and 15% interest within a year.
Plots for auction are also located among other places at Mylardevulapalli Madhubhan residential complex - six, Neknampur residential complex - two, Attapur residential complex - two, Anantaram - two, Bachupally - two, Dhulapally - seven, Julapally - two. Minister for Municipal Administration K.T. Rama Rao released the e-auction brochure at his office, a press release said.
