+
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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read full article Click Here ..

Next Story
Real Estate

Glass, Reframed!

Glass façades, quintessential aesthetic building envelopes globally, have been widely adopted in India as well. But when the focus is high-performance building systems that deliver energy efficiency, comfort and architectural identity, glass isn’t the only preference. Combination solutions, involving glass and some other material, improve façade outcomes. Some combinations come at comparable prices, some at a higher price. Here is a selection of performance-oriented solutions...To read the full story Click Here ..

Next Story
Infrastructure Urban

Beyond Building Faster

India’s cities are expanding at an unprecedented pace, bringing new infrastructure and development opportunities while also intensifying challenges around mobility, public spaces, liveability and supporting infrastructure. The question, therefore, is not simply whether India can build faster, but whether it can build cities that work better.At a CW webinar, Are We Designing Better Cities – or Just Building Faster?, moderator Ar. Samir Shaikh, Founding Principal, AR&UD Studio, brought together perspectives from design, development, master planning and technology...To read the full artic..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code