Pre-bid meeting held for Uppal Bagayat e-auction

[JackSeal]

A total of 44 plots spreading over 1.35 lakh square yards are up for auction 

HMDA conducted a pre-bid meeting for the e-auction of more plots in Uppal Bagayat Layout here on Monday.

A total of 44 plots spreading over 1.35 lakh square yards are up for auction, of which 21 are residential, and 15 multi purpose. Four are for shopping and entertainment, two for hospitals and two for educational institutes, a press statement from HMDA informed.

Officials from HMDA have informed the builders, developers and agencies attending the pre-bid meeting that the winning participants in the online bidding to be held on December 2 and 3 will have to pay the total amount in 90 days after the successful bidding.

Plot registration will be done in a fortnight after complete payment, they informed. Buyers paying 25 per cent of the total value of the plot can look forward to avail themselves of the remaining amount as loan from bank. While the layout falls under GHMC limits, building permissions have to be obtained from HMDA, officials informed.

Proximity to the Vijayawada and Warangal National Highways, clear titles with affordable prices, plot sizes ranging from 150 square yards to 5,000 square yards, site location between Inner and Outer ring roads, approachability to link road between Nagole and Peerzadiguda, and sites allotted for hospitals, shopping, entertainment and multi-purpose use are being promoted by authorities as the unique selling points of the layout. 

The minimum up-set price has been fixed at ₹ 35,000 per square yard, with bid increments allowed in multiples of ₹ 1,000. Earlier two instances of e-auction of plots in Uppal Bagayat have yielded considerable gains for the government.

[Sword_KanthaRao]

Last time auctions la miss ayindi…isari aina oka plot ki eyalsinde bid…

Worst case la 55-60k vuntademo bid…denamma motham white amount patukaravali

[Sword_KanthaRao]

@JackSeal Emana konnava kaka bagayat la ?

[JackSeal]

2 minutes ago, Sword_KanthaRao said:

@JackSeal Emana konnava kaka bagayat la ?

Ledu just saw in news paper

[Sword_KanthaRao]

NRI babulu…nazar esukondri ie venture mida..

Telangana and Andhra’s largest land pooling scheme till date Amaravati ni pakana pedithe..

Well developed layout..60-50-40 feet roads..clear title, title protection..encroachment free and manchi layout. Complete transparent layout by Govt.

Okkadi valla kakapothey group kalisi konkorri..1000 yards commerical bid eyundri..baaga workout ayitadi

[JackSeal]

Just now, Sword_KanthaRao said:

NRI babulu…nazar esukondri ie venture mida..

Telangana and Andhra’s largest land pooling scheme till date Amaravati ni pakana pedithe..

Well developed layout..60-50-40 feet roads..clear title, title protection..encroachment free and manchi layout. Complete transparent layout by Govt.

Okkadi valla kakapothey group kalisi konkorri..1000 yards commerical bid eyundri..baaga workout ayitadi

25% kadithe remaining loan facility undhi anta

[JackSeal]

12 minutes ago, Sword_KanthaRao said:

NRI babulu…nazar esukondri ie venture mida..

Telangana and Andhra’s largest land pooling scheme till date Amaravati ni pakana pedithe..

Well developed layout..60-50-40 feet roads..clear title, title protection..encroachment free and manchi layout. Complete transparent layout by Govt.

Okkadi valla kakapothey group kalisi konkorri..1000 yards commerical bid eyundri..baaga workout ayitadi

entha bid chesthe better antav ?

[Sword_KanthaRao]

20 minutes ago, JackSeal said:

entha bid chesthe better antav ?

plot sizes chudaledu...but everything depends on the road width and road facing dimension of the plot.

residential aithe may be 50-55k varaku potundochu...

 

[Sword_KanthaRao]

33 minutes ago, JackSeal said:

25% kadithe remaining loan facility undhi anta

Not sure about the loan facility but pre-arranged loans aithe vunayi...mortgage.

Govt clear title auction kada...so finding a loan should not be a problem.

[Tomb__ayya]

aa prices endhi ra nayana. . . avi paisala, rupees lo na?? 

[Nibbles]