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DDA to Cut Reserve Price of Plots

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In an attempt to hearten purchasers for its hotel lands, Delhi Development Authority (DDA) has affirmed to cut the preserved portions of unsold lands. The power has planned the mart for the very last week of April.
On the other hand, none of the information’s has been confirmed up till now as the facts have been finding a solution. DDA has shaped the kept aside value depending on the passed away salesmanship which had given away an exceptional comeback. The superior official of DDA said to www.propertykhazana.com the strategy did not get the old boring indication this instant. The power had grabbed on fire the attractive value of Rs 1.25 lakh per sq metre and plan vendored for three times the set aside cost. However, it is a totally a dark state of affairs in the present year. Of seven hotels plan set for the public sale on March 22, merely two was capable to be a focus for the bargain hunter s. These plans were in the order of 3,000 sq. metre in extent.
In the midst of those that could not entice the takers were the plots at Dwarka. Their set aside cost was lay down to be 77,000 per sq metre. This showed the way the power to make up their mind-set to bring the set aside value losing by 10 per cent. Besides, 11 minor properties, something like 1,000 to 1,500 square metre in extent, are nearest in the procession to be set for sale. These schemes are placed in Harinagar, Vivek Vihar, Anand Vihar, and Patparganj.
In adversary to this, Noida Development Authority and HUDA have acted upon in reality utterly in winning over welfare from overseas set of members. Certainly, Gurgaon, the cyber city of Haryana, has shaped an evidence of class with a hotel plan put up for sale at 1.7 lakh per sq metre.
Source: NIMMA BENGALURU

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