Noida Authority set to e-auction residential plots from November 15
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Noida Authority set to e-auction residential plots from November 15

Around 481 plots will be auctioned under the scheme.

Noida Authority set to e-auction residential plots from November 15

The Noida Industrial Development Authority will launch residential plot scheme from November 15 through e-bids. The scheme will be launched across sectors 11, 12, 15, 19, 23, 26, 27, 31, 44, 47, 93B, 105, 108, 122 etc. Around 481 plots will be auctioned under the scheme.

The plots measuring 100 to 500 sqms are either lying vacant, unsold or recovered from defaulters. The scheme closes on December 5. 

For e-bid allotment of the plots, a bidder is required to sign up with https://property.etender.sbi and obtain a user id and password after submitting online processing fee by December 5, 2019. 

The authority also launched an industrial plot scheme on November 1. The open-ended scheme is introduced for industrial sectors like 1,2,3,4,5,6, 11 etc. These are the plots that have been cancelled by the old allottees due to pending dues. One can get a brochure for the scheme from www.niveshmitra.up.nic.in by paying Rs. 5,000 plus 18 per cent GST (Rs. 900). Interview will be held for allotting these plots. 

The Noida Authority is aiming to sell all the vacant plots in the city for residential, industrial  and institutional purposes to generate revenue.