An Introduction to HUDA

March 23, 2007	(Be the first to rate this story!)  Loading ...
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The Haryana Urban Development Body (HUDA), a statutory body of Haryana Government, was constituted to promote development of urban states with the prime authority to manage, sell and dispose off the lands/properties to the best advantage of the states and government.

Apart from undertaking construction works, the authority is also committed to make available developed land to for providing houses to economically weaker sections of society. With the efforts taken up by the HUDA, Haryana is today standing on the threshold of development. The cyber city of the state, Gurgaon, is a prime example that serves as a role model for a number of other upcoming cities.

HUDA has various wings including Urban Branch, Engineering, Town Planning and Architecture, Financial, Legal and Monitoring, all of which makes an excellent administrative set up.

HUDA has recently auctioned a five acre plot for a hotel site in Gurgaon. The plot has fetched Rs. 255.20 crore and the reserve price for this site was pegged at Rs.163.9 crore.

The authority keeps on announcing different housing schemes from time to time. Recently, financing for the free hold residential plot scheme by HUDA in 19 urban states of Haryana, has emerged as a golden opportunity for the banks in the region. The authority itself envisages earning a whopping amount as interest on earnest money.  Indeed, HUDA got 20 lakh application forms printed for this scheme, which ended on 22 March 2007.

Applicants having application receipt number can check the status of their case online by browsing through the following link:

http://huda.nic.in/result.html

News Published Under:   Real Estate India |

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