Recommended Hyderabad Properties  
Recommendations that You Can Bank on!   
 
Hyderabad Bungalows for Sale Hyderabad Flats for Sale Hyderabad Properties for Sale Hyderabad Real Estate for Sale Hyderabad BUNGALOWS
 


HYDERABAD Members Login HYDERABAD PROPERTIES
Email ID :
PWD :
Sign Up Now!
HYDERABAD PROPERTIES NEW PROJECT! HYDERABAD APARTMENTS
HYDERABAD PROPERTIES HOT NEWS HYDERABAD APARTMENTS
+>1/17/2019: [+} NEWS CLIPS - LATEST

HYDERABAD PROPERTIES NEWS CLIPS HYDERABAD APARTMENTS
[+} NEWS CLIPS - RECENT

Previous Important News Clips

Older Archives: [+} NEWS CLIPS - PREVIOUS

HYDERABAD BUNGALOWS Hot Alerts! HYDERABAD PLOTS
Latest News which impact Hyderabad Real Estate with relevant comments highlighting issues of importance, at Exclventures Hot News Page!

Grab the best possible prices on new properties at Hyderabad! Sign up Free for Pre Launch Alerts and Early booking at Hyderabad properties at Shamashabad, Airport, Kokapet, Manchirevula, Narsingi, Guchibowli, Hitec City, Tellapur, Express Highway, ORR, Outer Ring Road, Shamirpet! Sign Up Now!
Investment Options
Real Estate Investment Options in Hyderabad. True investment options should bring you tremendous growth in short period of time. Leave it to the experts to suggest to you, new emerging localities in and around Hyderabad, before prices peak. Pick up plots before others stream in! Our Members get world class analysis of emerging locations, enabling them to make small investments, which see remarkable growth! Sign Up Now!
HYDERABAD BUNGALOWS LINKS HYDERABAD PLOTS
India Real Estate

Exclusive Properties, Ventures, Real Estate at Hyderabad. Luxurious Apartments, Villas, Houses, Homes, Bungalows, Town Houses and Plot Layouts in Hyderabad

 

 

 

 

 

 

AUCTION OF HMDA / HUDA PLOTS IN NALLAGANDLA, TELLAPUR BY HUDA
       << HOT NEWS
More than 100 Prime Plots in Nallagandla /Tellpaur are up for Grabs at the Upcoming Auction by HMDA

Exclusive Ventures - 09 February 2009

>>All Satyam News
    >>Tellapur Gated Apartment Complex
HMDA (HUDA) is back! This time with More than 100 Plots in Nallagandla ?Tellapur Townships -Hyderabad.

Last few auctions by HMDA had turned out to be damp squibs with the Auction Office being visited only by house flies. Unable to bear the humiliation of having to stare at empty seats, HMDA went in for online e-bidding. Except for some bored souls, who had no work and offcourse neither money nor intention to buy, no one even hit the e-bidding web pages.

Just like private developers who held-on to atsronomical rates, HMDA also was not in a mood to give- in. Even after being repeatedly rejectd by buyers, sense had not dawned on it. Meawnhile, quite of water has flown in the Musi and with it some of the "hard rate" muck, is being drained out.

With Rs.15K rate being thrown to the Auction Waste Bin during last 2 Auctions, it was expected that HMDA will reduce rate. As can be seen from the Floor Rates for the current auction, below, in Nallagndla, rates has come down by 20% from 15K to 12K per SQD

That is 3 year old rate. In the Feb 2006 auction, people had bid aggressively between Rs.8000 to 12,000 /sqd levels. Certainly, there would be several people reading this report, who would have bought in that price range from HUDA, in 2006.

Previous Auctions in Nallagandla/Tellapur

  • 2005 - Rs.5000 to Rs.5250/sqd
  • 2006 Feb - Rs.8000 to Rs.12000/sqd (heavy bidding was seen)
  • 2006 July - Rs.15000 to Rs.17000/sqd
  • 2007 July- 17,000 to 20,000/sqd
  • HMDA's Failed Auctions in 2008 - Rs.15,000/sqd
HMDA's Upcoming Auction in Feb 2009 - Rs.12,000/sqd (Some plots in central Nallgandla are at 15K/sqd)

Key Dates

  • Closure o Sale of Tender Documents: 18.02.2009
  • Closure of Acceptance of DD & Application: 18.02.2009
  • Review of Technical(Bid supporting Documents): 18.02.2009
  • Price Bid Opening : 20.02.2009
  • Place of Price Bid Opening: HMDA Office Greenlands
Floor Rates Fixed by HMDA

NANDAGIRI HILLS LAYOUT:
  • Residential Plot Only 1 : 335 SQD Rs. 40,000/sqd
  • Residential Land 1 Acre to 2 Acres (Total 3 Bits) - Rs.24,000/sqd
MADHAPUR -HUDA TECHNO ENCLAVE:
  • Commercial Plots - 2: 361 SQD -Rs.45,000/sqd, 1194 SQD-Rs.40,000/sqd
NALAGANDLA RESIDENTIAL COMPLEX SITE-2:

Residential Plots -55
  • 168, 216, 250, 378, 50 SQD Plots - Rs.12,000/sqd
Group Housing Plots
  • 1750, 2200 SQD, 2 Plots - Rs.12,000/sqd
TELLAPUR RESIDENTIAL COMPLEX:
  • Residential Plots -2 Nos: 537, 719 sqd plots @ Rs.12,000/sqd
NALAGANDLA RESIDENTIAL COMPLEX SITE-1:

Residential Plots -45 Nos
  • 160 to 585 SQD - Rs.15,000/sqd
  • 1500 to 2200 SQD- Rs.15,000/sqd
  • 274, 300, 400, 500, 1400 sqd Plus - Rs.15,000/sqd
  • Group Housing Plots - 7 Nos: 1500 to 2200 SQD @ Rs.15,000/sqd
MIYAPUR RESIDENTIAL COMPLEX:
  • Residential Plots -99 Nos: 135, 168, 250, 300, 500 SQD Plots @ Rs.12,000/sqd
  • Group Housing - 12 Nos: 1200 to 5500 SQD @ Rs.12,000/sqd
RAMACHANDRAPURAM RING TOWN (CHANDANAGAR)
  • Plots -16 Nos (125 to 460 SQD @ Rs.12,000/sqd)
HYDERNAGAR -MADINAGUDA (MITHRA WELFARE ASSOCIATION)
  • Residential Plots -5 Nos (134 - 266SQDs @ Rs.10,000/sqd
ASIFNAGAR LAYOUT (NEW):
  • Group Housing Plot -1 No. -2021 SQD -Rs.25,000/sqd
ASIFNAGAR LAYOUT (OLD):
  • Residential Plot -1 No. 315 SQD- Rs.12,000/sqd
MUSHK MAHAL RESIDENTIAL COMPLEX(Near Attapur-Rajendranagar):
  • Residential Plots -7 Nos. 60 to 400 SQD @ Rs.12,000/sqd
VANASTHALIPURAM RESIDENTIAL COMPLEX:
  • Commercial Plots -2Nos. 130 & 260 sqd @ Rs.12,000/sqd
HMDA comes up with 20% Less Rate. Will there be buyers in February 2009, at these selling rates?

The Real Estate market is under extreme stress with constructed space already coming up under severe price pressure. Its natural to expect reduction in price of prime residential plots, since demand has fallen drastically. However, the fact on the ground is that the prices are remaining firm in key residential areas. May be HMDA has to show the way!

It was expected that the sluggish or NO sales in previous auctions, will force HMDA to set an example by cutting rate in Nallgandla, to around Rs.10 to 12,000/sqd. HMDA has fixed Rs.15,000/sqd in prime central areas and 12,000/sqd in for bulk of the plots in entire balance areas of Nallagandla for the current auction. That is 20% less than last Auction rate of Rs.15K/sqd.

Since the locality is clean, there is no point in paying Rs.3000/sqd more in Nallagdla itself for some plots. Whether Rs.12,000/sqd will be lapped up this time, only time will tell.

If the rate was uniformly Rs.10,000/sqd, there would have been good action. If market remains dull (as expected), we may as well hit those levels, at the next auction!

Submitting Bids

The application can be filed by SEALED Tender and submitted to GHMC office, at Greenlands. Application also can be filed online BUT it requires applicants to have Digital Signature. With just few days remaining for closure, it does not look feasible to apply for digital signature and then submit bids, online. So all interested may have to contact relatives, obtain the hard copy of bid documents from HMDA Greenlands and submit manually in Hyderabad. Documents Required
  • EMD,as applicable
  • Scanned copy of EMD DD
  • Process Fee -Rs.500
  • Scanned Copy of Process Fee DD
  • PAN/Bank statement/Certificate of Incorporation/MOA
  • Address Proof: - Registration Certificate/Telephone bill in the name of the
  • Individual/firm/partner
  • Application form
  • Declaration cum Undertaking
  • Authorisation form
  • Optional Documents (Partnership deed, Power of attorney with addresses)
EMD Amount for small plots are from 2 to 10 Lakhs. (Varies depending on selected plot)

Location Maps

>>Nalagandla - Tellapur

>> The actual maps of layouts where we can locate plots have been displayed at Greenlands office according to HMDA.

Wonder why e-Auction is required, at all, when people have to go all the way to their office, to check plan. People can as well go and submit bid too.

www.exclventures.com    Email: mail@exclventures.com

Rate This Article on Scale of 5. 5th Star Correspond to 5.

TRACK & BUY!
There is no point in buying many stocks and waiting. Most people would find that "net-net" gain, after few months, is nothing but just big loss! Whatever gain is made in one, is all squared up, by losses in others.

There are no day-traders at Exclventures. The only way that we can make money, is to track stocks which has some news behind and then buy when its showing positive trend. Get out when trend is negative. How do one watch price trend of shortlisted stocks without logging in, anywhere. On the desktop?

>>Go ahead and download EXCEL Tool Now! Read More!
Stock Tips