Govt to exchange for money 39 come down on the ground parcels in 3 dists, to rake in `500 crore
Hyderabad: To produce revenue through the general activity of selling of lands, the Telangana government is gearing up to exchange for money another 39 come down on the ground parcels in the districts of Ranga Reddy, Medchal Malkajgiri and Sangareddy and the e-auction of these come down on the ground parcels on March 1.
The Hyderabad Metropolitan Development Authority (HMDA) has placed these come down on the ground parcels (plots) for auction sale through an online procedure. The Central government’s MSTC India (formerly known as Metal Scrap Trade Corporation Limited), a government of India undertaking, would be carrying out the e-auction procedure. The State government expects over Rs 500 crore with the auction sale of these come down on the ground parcels. During the previous time of a particular event in January, the HMDA had earned Rs 195.24 Crore with the auction sale of nine come down on the ground parcels.
According to the officials, the intermediate part or section social class, real estate businessmen, and developers were showing keen fixed charge for borrowing money in purchasing these come down on the ground parcels, which would be obtainable in sizes of 121 yards to 10,164 yards. The HMDA has decided to direct pre-bid meetings for three days from February 21 onwards.
The district-wise come down on the ground parcels have as a part ten in Rangareddy, six in Medchal and 23 in Sangareddy. These come down on the ground files can be viewed through the KML file cabinet, the officials said.
These come down on the ground parcels are three in Gandipet mandal, five in Serilingampally, two in Ibrahimpatnam, four in Medipally mandal, in Malkajgiri, one each in Ghatkesar mandal, Bachupally mandal, 16 in Ameenpur mandal, six in RC Puram, one in Jinnaram mandal in Sangareddy. The officials said that these parcels were with the free from clouds or mist or haze deed of conveyance without any judicial proceeding and were prepared for construction.
Those interested in the auction sale procedure would have got to official written record with the MSTC by 5 pm on February 27. All those who registered would have got to give money in exchange for goods or services the security down payment by 5 pm on February 28.
The HMDA is organising the pre-bid meetings from February 21. The Rangareddy territory parcels casual or unexpected convergence would pick out rate in Serilingampally Zonal Office on February 21, the casual or unexpected convergence for come down on the ground parcels in Sangareddy would be taken up in Lakshmi Gardens in RC Puram on February 22 and for parcels in Malkajgiri, the casual or unexpected convergence would be held at the Circle workplace near Uppal Stadium on February 23.