The AP-Capital Region Development Authority (CRDA) has announced hefty discounts on the prices of residential and commercial plots in four townships / layouts (Payakapuram in Vijayawada, Nowluru near Mangalagiri, Chenchupet in Tenali and the truck terminal at Ibrahimpatnam) which it will be e-auctioning on October 13.
It is offering a uniform 40% discount on the previous sale prices and the registrations (to be done on https://konugolu.ap.gov.in) will be open from September 19 to October 10, according to a CRDA release.
The prospective buyers of residential plots will be given up to Rs.13 lakh discount on making full payments and those interested in purchasing plots for schools and hospitals can avail up to Rs.1.18 crore discount on outright payments. The discount in respect of lumpsum payments made for commercial plots is up to Rs.85 lakh.
