Three plots will be up for auction by the Gandhinagar development board
Real Estate

Three plots will be up for auction by the Gandhinagar development board

The Gandhinagar Urban Development Authority (GUDA) intends to hold an online auction of three plots in Kudasan, Sargasan, and Vavol on September 15. The basic value of these plots will range from Rs 108.9 to Rs 404.3 million.

Town planning schemes 6, 7, and 13 apply to the sites. GUDA has set a basic price of Rs 73,000 per sq m for the site in Kudasan, which is anticipated to bring in Rs 404.3 mn.

The site in Sargasan is valued at Rs 51,000 per square metre and is anticipated to produce at least Rs 108.9 mn. The third plot in Vavol will be sold at auction for a minimum of Rs 111.6 mn at a rate of Rs 40,900 per sq m.

On September 15, at 12 p.m., the online auction will be accessible to everyone. Between September 1 and September 9, interested parties can sign up online. The proceeds from the sale of these plots will be used by the top planning authority to purchase tools for maintaining the city's infrastructure.

Also read:
Chandigarh councilors to visit Goa to study waste mgmt
Smart City project attains 30% progress Thiruvananthapuram


The Gandhinagar Urban Development Authority (GUDA) intends to hold an online auction of three plots in Kudasan, Sargasan, and Vavol on September 15. The basic value of these plots will range from Rs 108.9 to Rs 404.3 million. Town planning schemes 6, 7, and 13 apply to the sites. GUDA has set a basic price of Rs 73,000 per sq m for the site in Kudasan, which is anticipated to bring in Rs 404.3 mn. The site in Sargasan is valued at Rs 51,000 per square metre and is anticipated to produce at least Rs 108.9 mn. The third plot in Vavol will be sold at auction for a minimum of Rs 111.6 mn at a rate of Rs 40,900 per sq m. On September 15, at 12 p.m., the online auction will be accessible to everyone. Between September 1 and September 9, interested parties can sign up online. The proceeds from the sale of these plots will be used by the top planning authority to purchase tools for maintaining the city's infrastructure. Also read: Chandigarh councilors to visit Goa to study waste mgmt Smart City project attains 30% progress Thiruvananthapuram

Next Story
Infrastructure Energy

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Next Story
Real Estate

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world..

Next Story
Real Estate

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App