E-auction of new group housing plots in Gurgaon from June 15

GURUGRAM: Huda has formulated its Group Housing Scheme-2017 to provide residential plots of different categories for the various income groups in its urban estates of various cities in the state, including Gurgaon.

Apart from the Millennium City, the group housing plots are available at Ambala, Bahadurgarh, Dadri, Faridabad, Hisar, Jagadhri, Jind, Kaithal, Karnal, Kurukshetra, Panchkula/Pinjore, Panipat, Palwal, Rewari, Rohtak, Sirsa and Sonipat, according to Huda. These plots are likely to be allotted in the near future through e-auction to the eligible cooperative group housing societies or welfare housing organisations.

“The e-auction of group housing sites is likely to commence from June 15. Interested persons and organisations may form a cooperative group housing society or welfare housing organisation and register it for becoming eligible to participate in the forthcoming e-auction scheme. Only organisations with Indian residents as members, are eligible to apply,” said a Huda official.

“Any person can become a member of a maximum five co-operative societies but he or she can retain membership of only one successful society in the auction. Also, a member can have only one flat/share in a society. A member should not own any house, flat, plot in his/her name or in the name of his or her spouse or dependent children in the same urban estate of Huda in which he or she is applying for membership,” the official added.

Moreover, the cooperative group housing societies need to have at least 20 members. The group housing plots would be allotted on freehold basis through e-auction. The reserve price would be fixed as collector rates or at 80% of market rates, whichever is higher. Interested cooperative group housing societies or welfare housing organisations will be required to sign up and obtain user ID and password on the portal https://huda.haryanaeprocurement.gov.in. The bidders shall be required to deposit the security amount and e-service fee online.

The successful cooperative group housing society or welfare housing organisation in e-auction will be required to deposit 10% of its bid amount. In addition, the successful bidder will be required to furnish self-certified copies of PAN card and passport-sized photos of authorised signatory, certified copies of resolution of the cooperative society, along with the certified copies of bylaws.

A letter of intent (LOI) will be issued by estate officer of Huda requiring the successful society to deposit another 15% of the bid amount within 45 days of the date of auction.

In case of failure, the letter of intent shall be cancelled and the initial amount deposited for participating in the auction and 10% of the earnest money paid against the highest bid of plot will be forfeited.

 (source by:-The Economic Times)

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