Commercial Plots Are Being E-Auctioned For The First Time In the Real Estate Industry Of Noida
Real Estate News Real Estate News Noida & Delhi NCR

Commercial Plots Are Being E-Auctioned For The First Time In the Real Estate Industry Of Noida
  • Ranking
  • reviews

  • 0 votes
    • Your vote

Noida, 15th October 2018: According to the latest real estate news Noida, e-auction of the commercial plots is going to take place in the next month. The official who is in charge of the commercial plots e-auction drive has said that they have taken this initiative to ensure utmost transparency in plot allotments.

These commercial plots are spread across Sector 1, Sector 12, Sector 16, Sector 18, Sector 20, Sector 22, Sector 27, Sector 31, Sector 36, Sector 39, Sector 40, Sector 52, Sector 58, Sector 63, Sector 64, Sector 65, Sector 69, Sector 70, Sector 71, Sector 80, Sector 82, and Sector 84 A Hosiery Complex. According to the property news Noida, these plots are divided into two categories. The plots belong to the first category are sized in between 18 Square Meter to 100 Square Meter, and the plots belong to the second category are sized in between 110 Square Meter to 350 Square Meter.

Read more: Bareilly Development Authority (BDA) sealed around 10 unapproved under construction buildings in Bareilly

The authority has instructed the interested parties to apply through the concerned e-auction agency before 5th November and generate User ID and Password. The e-auction agency will conduct workshops in Indira Gandhi Kala Kendra to facilitate the e-auction process to the application on 16th October, 23rd October, and 26th October.

Sudhir Srivastava of Noida Entrepreneurs Association described this online commercial plots auction as a great move. This initiative would ensure that the genuine and deserving applicants get the commercial plots over the corrupted ones, he said. He believes that this move will bring in more accountability and transparency.

Sudhir also add this logical move should be taken a long ago as this process promotes less interaction with the authority which is helpful to curb the corruption. He is also expecting to see a similar initiative taken to allot the industrial plots in the near future.

 For More Details of E Auction of Commercial Plots Contact Investor Homez



Somdeepa Bhattacharjee

Author: Somdeepa Bhattacharjee

Somdeepa Bhattacharjee has a total experience of five years in the Content Editorial, Online Community and Internet Marketing domains. As a part of the content team of, she develops research-oriented stories and News Articles on recent market trends. She has a proven strong analytical skill in her Articles which help readers to understand real time scenario of Realty Market. In her free time, Somdeepa engages in Blogging, Trekking, Reading Classics and Photography. She really fond of Entrepreneurship, Travelling and Foods.