Cash-strapped Haryana Urban Development Authority (Huda), which is struggling to meet its daily expenditure, is planning to auction 17 commercial properties in Rewari and Dharuhera on November 1. The auction is expected to raise around Rs 25 crore. Huda had listed several commercial properties in Gurgaon, Rewari and Dharuhera for auction in March, but had failed to attract buyers. Only around 10 out of 96 commercial properties had been sold at that time. Plots for 13 shops in Rewari and four shops-cum-offices in Dharuhera will go under the hammer next month. “We are hoping to attract buyers this time,” said a Huda official, who did not wish to be named.
Read more: Economic Times