The reserve prices for a DDA penthouse is Rs 5.19 crore while that for Super HIG luxury apartments it is Rs 2.59 crore. The reserve price for 3BHK HIG units is between Rs 2.1 crore and Rs 2.28 crore and that for MIG 2BHKs units will start at Rs 1.28 crore.
Offering more volumes through the e-auction route should help cater to the unserved domestic demand
The reserve prices for a penthouse is Rs 5 crore and that of 3BHK HIG apartments it is Rs 2.05 crore. As many as 257 apartments, including two penthouses and 123 luxury flats, are on offer
The third phase of e-auction for 257 DDA flats will start on March 5. The reserve prices for a penthouse is kept at Rs 5 crore while for HIG apartments it is Rs 2.05 crore. The reserved price for MIG 2BHKs units is kept at Rs 1.2 crore.
There would be no price hike for the next 6-7 months in FSA-based supplies for the power sector while non power-based supplies might see some price hikes to recover higher wage bill
Higher profitability can be led by e-auction prices and volumes
Pressure on imported coal prices will lead to lower e-auction premium
The government is committed towards price stabilization and its market intervention is aimed at providing relief to the consumers, the food ministry said in a release.
The industry is waiting to see if the cricket board decides to call for an e-auction or opts for a closed bid.
The Corporation said it was geared up for MSP (minimum support price) operation for the upcoming jute season beginning July 1, with its extensive network spread over eight states.
The two plots were among 14 commercial plots offered under a scheme in February 2023. Despite two extensions, applications were received for only three plots.
FAR of 4 will allow allottees to construct buildings with areas up to 400 percent of the total area of the ground they are situated on.
The duplex villa had a super area of 1,937 square feet. They are located in Sector 135 while the MIG flat is in Sector 62. The base price of the duplex apartments was kept at Rs 1.79 crore while that of the MIG flat was around Rs 66.4 lakh.
According to a GNIDA official, 10 builder plots had been put for sale. However, only one plot – GH-128 – elicited investor interest.
The duplex apartments, located in Sector 135, have a super area of 1,937 sq ft.
The BCCI isn’t convinced that an e-auction will be the way forward again, given that market interest is not sky high.
GNIDA officials said the demand for IT industries and related services is high in the region and many queries have been received from investors looking to acquire land for these purposes.
The e-auction shows the residential real estate potential of the investment and commercial hub, says Greater Noida Industrial Development Authority CEO Ritu Maheshwari.
An investment of about Rs 10,000 crore is expected to be made on these plots, sufficient to generate employment for around 5,000 people, GNIDA officer on special duty (institutional) Naveen Kumar Singh has said
The authority noted that the industries coming up at these plots are expected to provide employment to 1,500 to 2,000 people.
The state’s data centre policy offers various incentives such as capital subsidy, interest subvention, and stamp duty exemption, along with non-financial and energy-related incentives.
The reserve price for these industrial plots was Rs 35.84 crore. The e-auction received an encouraging response from the bidders and bids worth Rs 87.64 crore were received during the auction.
While the authority has earned Rs 15.40 crore from the e-auction of the three institutional plots, the revenue earned from the two industrial plots is not known. Haryana Gas City Company and Time Server Services are the two firms which have been allotted industrial plots.
The plots offered measure between 871 sq m and 51,417 sq m. The last date for registration is March 13, 2023, and the allotment will be through e-auctions. Officials said the e-auction will be conducted only if each plot gets a minimum of three applications.
FCI commenced e-auction of wheat on February 1 under Open Market Sale Scheme (OMSS) for bulk users in order to improve domestic availability and check wheat prices.