News: HSVP to auction over 200 properties on July 8, aims to raise ₹200 crore-21-06-2021
The Haryana Shahari Vikas Pradhikaran (HSVP) will auction over 200 residential and commercial properties on July 8. This will be the authority’s first property e-auction this year. Officials of the HSVP, formerly known as Haryana Urban Development Authority, said that around 100 residential and 100 commercial plots of various sizes spread across Gurugram, Dharuhera, and Rewari will be auctioned to the highest bidders. The authority is expecting to earn around ₹200 crore from the auction.
The Haryana Shahari Vikas Pradhikaran (HSVP) will auction over 200 residential and commercial properties on July 8. This will be the authority’s first property e-auction this year.
Officials of the HSVP, formerly known as Haryana Urban Development Authority, said that around 100 residential and 100 commercial plots of various sizes spread across Gurugram, Dharuhera, and Rewari will be auctioned to the highest bidders. The authority is expecting to earn around ₹200 crore from the auction, while similar auctions are also on the anvil for Faridabad, Hisar, Rohtak, and Panchkula.
Jitender Yadav, administrator, HSVP, Gurugram, said that interested buyers can check the details of the properties put on auction on the authority’s website, at the time of registration. “We have carried out due diligence on these properties in different sectors. We got a positive response to the auction in 2020. Properties worth over ₹150 crore were sold. The plots being offered to the people are at good locations, and will certainly generate a premium for the HSVP... Given the portfolio of properties on offer, it is likely that many would bid for the plots this year,” Yadav said.
