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HMDA fetches about Rs 172 crore through e-auction of plots

Hyderabad, Dec 14 (UNI) The Hyderabad Metropolitan Development Authority (HMDA) has fetched about Rs 172.27 crores through e-auction of plots at Uppal Bhagayath Phase I and II here on Saturday, HMDA said in a statement said.
According to the statement, in the first session, 29 plots with an average of 6623.5 Sq Yds held in e-auction and rakes in about Rs 40.04 crore while in the second session, about Rs 132.22 crore raised by auctioning of 29 plots with an average of 32,821.5 Sq Yds in total.
The HMDA was highly elated with the response received from the prospective buyers.
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