Haryana govt to auction 100 acres, registration ends on Dec 13


  • Share on

The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) is planning to hold an auction of 100-acre land from the land pool allocated for the Global City project. Officials have stated that the auction will be carried out in phases. In the first phase, the Corporation will put 20 acres of land parcel adjoining the Dwarka Expressway for the auction.

Manoj Pal Singh, Additional General Manager, HSIIDC, has informed that registrations for the first round of the auction is open and buyers can register for the auction until December 13, 2017. The procedure and details for the registration are available on the HSIIDC portal. The HSIIDC would plan the subsequent auctions after considering the response of the first auction, adds Singh.

The to-be-auctioned land comes under mixed-use development and is also applicable for benefits under the transit-oriented development (TOD) policy. Experts claim the land should at least be worth around Rs 100 crore considering the prevailing rate of Rs 5 crore per acre. However, the Corporation has not the reserve price for the auction and kept it open.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. 99acres does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

  • Share on
Rate it 1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
  • Post a New Comment

Usage of 99acres.com to upload content which enables targeting by religion/community/caste/race is prohibited. Please report inappropriate content by writing to us at report abuse
Home Legal Sitemap Send Feedback
Back To Top