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The Hindu
The Hindu
National
The Hindu Bureau

After Kokapet, it’s the turn of Budvel to reap a windfall for HMDA

HMDA Kokapet

After the resounding success of online auction of plots at Kokapet’s Neopolis layout, where it garnered ₹3,320 crore from sale of seven land parcels, the Hyderabad Metropolitan Development Authority (HMDA) has announced land auction at its Budvel layout.

A total of 14 land parcels covering an area of 100 acres have been put out on sale through e-auction to be held on August 10.

Individual plots at Budvel layout range between 3.47 acres and 14.33 acres in extent, with an upset value fixed at ₹20 crore per acre, and an incremental bid value of ₹25 lakh per acre.

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