The Hyderabad Metropolitan Development Authority (HMDA) conducts a Phase III e-auction for residential plots in Mokila, Hyderabad, and sells all 100 plots. Multiple reports say the auction generates approximately ₹231.65 crore in total proceeds, with figures reported around ₹231 crore and ₹231.65 crore. The Deccan Chronicle and The Hindu both cite an HMDA statement indicating strong participation during the e-auction, though neither report suggests any plots remain unsold. The Times of India similarly reports that the sale of 100 plots in Mokila fetches HMDA about ₹231 crore, aligning closely with the higher figure given by the other outlets. Overall, the coverage converges on the same outcome: HMDA completes the auction of 100 residential plots in Mokila in Phase III and records total auction revenue of roughly ₹231–₹231.65 crore. The reports do not provide additional breakdowns on buyers, plot sizes, or reserve prices.
HMDA auctions 100 plots in Mokila, Hyderabad, raising about ₹231.65 crore
The Hyderabad Metropolitan Development Authority (HMDA) conducts a Phase III e-auction for residential plots in Mokila, Hyderabad, and sells all 100 plots. Multiple reports say the auction generates a...
- HMDA holds a Phase III e-auction of residential plots in Mokila, Hyderabad.
- A total of 100 plots are put up for sale.
- All 100 plots are sold in the auction.
- Total proceeds reported are about ₹231 crore, with one report citing ₹231.65 crore.
- HMDA reports strong participation in the auction.
The Phase III e-auction of residential plots witnessed strong participation, according to a HMDA statement.
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