The HMDA’s recent land auction aimed at boosting state revenue saw a dismal turnout, with only three of 93 plots sold. Despite high expectations of earning Rs. 500 crore, the auction was marred by steep upset prices and rigid terms, deterring potential bidders.
Hyderabad: Ahead of the e-auction of 34 plots spread over 10 acres of land in Turkayamjal on June 30, a pre-bid meeting was held here on Saturday. Hyderabad Metropolitan Development Authority officials, who said the response was good, said plot sizes ranging between 600 square yards and 1,060 square yards would be available for the […]
