Hyderabad Metropolitan Development Authority to e-auction 233 plots in city
HYDERABAD: The State government, which is in financial dire straits, is hastening the process of auctioning of plots to ease the fluidity crunch with the Centre restraining it from going in for market borrowings in this fiscal on the ground that it had exceeded its FRMB limit already.
The Hyderabad Metropolitan Development Authority (HMDA) is now making al preparations for e-auctioning of as many as 233 prime plots in Turkayamjal, Thorrur, and Bahadurpally layouts to raise about Rs 500 crore and more.
