Hyderabad Metropolitan Development Authority goes to conduct e-auctions for 44 open plots in Uppal Bhagat near Nagole on December second and third.
Authorities determined the Uppal Bhagat format to be a protected spot as a result of the land should not be tied with authorized drawbacks and expects to offer an unlimited turnout from the bidders.
A senior official of the HMDA suggested that the format is useful on account of its central location 10 kilometers away from every Hyderabad and Secundrabad. He moreover acknowledged that the cheap prices in contrast with western Hyderabad are a plus.
Official sources claimed roughly 1,35,000 sq. yards of land worth Rs 1,000 crores to be auctioned, along with plots ranging from 150 to 200 sq. yards, 2,500 to five,000 sq. yards, and exceeding 10,000 sq. yards.
The authority had purchased land priorly by the use of e-auctions just a few months prior to now. But these auctions are being interrupted by some people who’ve reached the courtroom claiming that the land falls under the bio-conservation zone. The case is pending in courtroom at the second.