GURUGRAM: The cash-strapped Huda is going to conduct 16 rounds of e-auctions within a span of around 40 days, beginning September, to sell off a host of prime plots across Gurgaon to rake in enough funds to meet its commitments. The e-auctions have been scheduled for September 2, 3, 5, 9, 10, 12, 16, 17, 19, 23, 24, 26, 30 and October 1, 3 and 7. If sources are to be believed, 30-40 plots will go under the hammer each day. The urban development authority has to pay over Rs 11,000 crore as compensation to people who have given up their land for various projects. Besides, Huda needs thousands of crores of rupees for...
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