Close to 200 prospective buyers attended the pre-bid meeting of Hyderabad Metropolitan Development Authority (HMDA) for e-auction of the plots in Turkayamjal municipality on June 30.
The HMDA is preparing to auction a total 34 plots in 10 acres of land in Turkayamjal with sizes ranging between 600 square yards and 1,060 square yards, eyeing commercial establishments and real estate developers primarily.
The minimum price for bidding has been fixed at ₹40,000 per square yard by HMDA, and the EMD to be deposited per plot is ₹5 lakh.