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HUDA Allotment of Residential, Commercial, Industrial and Institutional Plots have made the market of Haryana Properties and Real Estate vibrant. The phenomenal growth of Haryana Real Estate and the influx of some of the leading Housing Companies in cities like Gurgaon, Sonepat, Rohtak, and Faridabad, can be owed to the constructive efforts of HUDA-Haryana Urban Development Authority.HUDA was formed under the Haryana Urban Development Authority in 1977 to facilitate the development of the urban areas and undertake the acquisition and disposition of Land to promote coordinated growth. HUDA Allotment of Plots is done in an impartial manner with clear demarcation in categorization of Plots based on their function. For instance, HUDA categorizes Plots into Residential, Commercial, Industrial and Institutional sites and Miscellaneous like Hospitals, Clinics etc.
Indiahousing.com offers a brief of how the HUDA Allotment takes place.
Residential HUDA Plots:In case of HUDA Plots, the HUDA Administration invites applications for Plots in the new sectors by announcing the current schemes in the newspapers and the Official Website. The applications are accepted with the 10% of the cost of the plots and HUDA Draw is undertaken. The eligible applicants, who get the HUDA Allotment through the HUDA Plots Draw Results, are then awarded the Letter of Allotment and the remaining payment has to be made in installments.
Commercial HUDA Plots: In order to carry out the HUDA Allotment of Commercial Plots, HUDA Open Auction takes place in which the highest bidder gets the Plot. The reason why HUDA Allotments of Commercial Plots is appreciated is the availability of payments through installments.
Industrial HUDA Plots:HUDA Allotment of Industrial Plots takes place on first cum first serve basis.
Institutional HUDA Plots:HUDA Allotment of Institutional site takes place through a detailed advertisement on the HUDA Website as well as in the leading newspapers. Depending on the applicants' proposal, HUDA sanctions the approved Layouts.
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