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Industry & Economy
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Real Estate & Construction
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Andhra Pradesh
VUDA auctions fetch Rs. 356.6 cr
Visakhapatnam, Nov. 1
Auction of plots at Madhurawada conducted by the
Visakhapatnam Urban Development Authority
(VUDA) on Thursday fetched Rs 356.6 crore. The total
extent of plots sold was 73.79 acres. According to a press
release, Finishing Touch Developers Pvt Ltd (New Delhi)
purchased 19.53 acres at Rs 5.15 crore per acre, which was
the highest price realised per acre in the area. Aditya
HIDCO, Hyderabad, bought a plot of 28.31 acres at Rs
4.78 crore per acre, another 10 acres at Rs 5.015 crore per
acre and a third of 1.25 acre at Rs 10,101 per square metre.
Seven Hills Logistics System, Hyderabad, bought 3.5
acres at Rs 4.005 crore per acre, Neptune Developers
(Mumbai) 5.90 acres at Rs 4.51 crore per acre and
Berggen Real Estate (Mumbai) 5.30 acres at Rs 4.51 crore
per acre. - Our Bureau
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