HSVP Probes Gurugram Plot Auction After Corner Plots Sell for Nearly Half the Expected Price
Gurugram | September 29, 2026: Two residential corner plots in Gurugram have come under scrutiny after fetching significantly lower prices than comparable plots auctioned just days earlier. The Haryana Shehri Vikas Pradhikaran (HSVP) has ordered an inquiry into the auction results and the subsequent delay in issuing a Letter of Intent (LOI), raising questions about the process and its potential financial impact on the authority.
The two 286-square-metre corner plots in Sectors 23 and 23A were sold for ₹5.5 crore and ₹5.3 crore, respectively. Three general-category plots of the same size had fetched between ₹6.6 crore and ₹7 crore each in an earlier auction.
Corner Plots Sell Below Comparable Residential Plots
HSVP had auctioned five residential plots in Sectors 23 and 23A. Three general-category plots were auctioned on January 29, while two corner plots went under the hammer on February 4.
The three general-category plots fetched a combined ₹20.2 crore. In comparison, the two corner plots together realised ₹10.8 crore.
Corner plots typically command a premium over regular plots. An HSVP official said the two plots could have fetched around ₹15 crore based on the earlier auction prices and an estimated 10% premium for corner locations.
Price Difference Triggers HSVP Inquiry
The substantial gap between the auction results prompted the estate officer’s office to flag the matter with HSVP headquarters. Each corner plot fetched approximately ₹1.1 crore to ₹1.5 crore less than the general-category plots sold earlier.
The estate officer raised the possibility of a technical issue or compromise involving the e-auction portal. However, HSVP has not concluded that the portal was hacked or that a technical failure occurred.
The inquiry will examine the circumstances behind the difference in bids and whether any procedural or technical issues affected the auction.
Delay in Letter of Intent Also Under Scrutiny
The investigation has expanded to cover delays in issuing the LOIs to the successful bidders.
For the plot that fetched ₹5.5 crore, HSVP headquarters directed that the LOI be issued on February 27. It was issued on March 2.
The second plot, which fetched ₹5.3 crore, faced further scrutiny. Although headquarters directed the issuance of its LOI on March 13, the process did not move forward after the estate officer raised concerns about the difference in auction prices.
Potential Financial Loss Under Examination
Under HSVP’s auction terms, successful bidders initially deposit 10% of their bid amount, with the remaining payment due subsequently.
The authority is examining whether the delay in issuing the LOI for the second plot resulted in a loss of potential interest income on the amount that could have been deposited.
The chief vigilance officer has sought a response from the estate officer. HSVP has also ordered that any loss caused by negligence be recovered from the official or employee found responsible.
The estate officer has maintained that no officer or employee was at fault.
What the Probe Means for Gurugram Property Auctions
The inquiry puts the transparency and administration of public land auctions in focus. For prospective buyers, auction outcomes can vary depending on location, plot characteristics, bidder participation and market conditions. However, the unusually large price difference in this case has prompted HSVP to examine whether the process was conducted properly.
The investigation does not establish that the auction portal was compromised or that the plots were deliberately undervalued. Its findings will be important in determining whether the price variation was a result of bidding conditions, technical issues or administrative lapses.
What Happens Next
The chief vigilance officer is examining the auction process, the difference in prices and the delay in issuing the LOI. The estate officer has been asked to respond as part of the inquiry.
The authority will also assess whether any financial loss occurred and whether recovery from responsible personnel is warranted. The outcome could provide greater clarity on the auction process and the steps HSVP may take to address any shortcomings identified.