huda e auction

To visit e-Auction portal click below:
The details of plots/kiosks/booth sites/built up booths/built up site etc. at various locations available under HUDA new commercial and residential plot scheme 2019 of June 2019 along with Brochure containing details of plots, size/dimensions, reserve price, detailed terms and conditions of E-Auction, Eligibility conditions, Earnest Money Deposit(EMD) of these sites is provided in the links below:

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According to HMDA officials, bidders were reluctant to buy the commercial and multipurpose plots as they thought investing a huge amount in the plots when the surrounding areas were not yet developed would be futile as returns would take much time. Another reason, officials said was the high upset amount — `40,000 per sqyd for commercial amenity plots and `30,000 for residential plots.
On the final day of e-auction, 15 multipurpose plots (38,662 sqyds), ranging from 1,000-4,500 sq yds were put up for e-auction in the first session where HMDA expected to raise `116 crore. However, out of the 15 plots, only nine plots (18,092 sq yds) were purchased by the bidders. In the second session, all the nine commercial plots (53,968 sqyds) were up for e-auction but there were no takers for any of these plots. Each plot size varied between 2,000-18,861 sqyds. From these commercial plots, HMDA expected to generate revenue to the tune of over `215 crore at an upset price of `40,000. However, the plans went sour for HMDA dashing their hopes.

As per the latest survey, Mahendragarh and Sirsa areas will two new sectors while other will get one sector each. In Sirsa, there are total 1389 plots available.
Community buildings developed by HUDA in these areas include:

The 2-day e-auction of sand mines in Punjab has netted bids worth Rs.1,026 crore-marking a 20 fold increase in revenue, officials said on 20 May. “The successful bid amount is more than 20 times last year’s bids of just Rs.40 crore, indicating the extent to which the sand mafia was controlling the business, causing huge …
An official spokesperson said Punjab Urban Development Authority (PUDA) and other special development authorities including Greater Mohali Area Development Authority (GMADA), Patiala Development Authority (PDA), Jalandhar Development Authority (JDA), GLADA, Amritsar Development Authority (ADA) and Bathinda Development Authority (BDA) had put up various properties for e-auction which started on 1 September.

References:

http://lawrato.com/property-legal-advice/addition-of-mother-name-in-e-auction-property-bought-by-huda-54231
http://www.newindianexpress.com/cities/hyderabad/2019/dec/17/no-takers-for-9-commercials-plots-at-hmda-e-auction-on-final-day-2077135.html
http://educationbhaskar.com/business/real-estate/hsvp-plot-scheme-huda/8462/
http://www.thestatesman.com/tag/e-auction-2
http://www.bajajfinserv.in/insights/know-about-huda-housing-scheme-in-haryana