HSVP starts portal for buying, selling of plots via e-auctions
Gurugram, Sept. 10 -- The Haryana Shahari Vikas Pradhikaran (HSVP) on Tuesday announced the launch of a specialised online portal to facilitate the sale and purchase of plots allotted by the authority through e-auctions, aiming to make the process transparent, regulated and secure.
Officials said the portal, hsvphry.org.in will allow allottees, including those based overseas, to list their properties for e-auction, ensuring fair pricing and safeguarding buyers from disputed or fraudulent sales. "The portal for sale and purchase of plots allotted by HSVP will ensure transparent sale and purchase of properties, and help buyers and sellers outside the state or country to complete the transactions," said Chander Shekhar Khare, chief administrator, HSVP. The auction portal was launched by the authority on last Friday.
Khare said the system is "completely voluntary" and sellers can register their plots, set minimum prices, demand earnest deposits, and upload photographs and videos.
The sellers can withdraw their property from the portal any time, with no binding on them to accept bids.
Buyers must register online, pay a Rs.1,000 fee plus 18% GST (Rs.1,180 total), and can inspect the property before bidding. If a seller withdraws after the auction or rejects a bid, the buyer will be refunded the Rs.1,000 fee but not the GST portion.
To be sure, HSVP has the record of all plots and properties alloted by it, and its staff will vet the properties before allowing a property to be listed on the portal.
HSVP officials said that the authority is only acting as a facilitator and not as a contracting party to the transaction on the portal.
The portal is accessible via the allottees' corner on the HSVP website, officials added....
To read the full article or to get the complete feed from this publication, please
Contact Us.