HSVP Plot E-Auctions in Gurugram and Faridabad: EMD, Payment Deadlines and After Allotment
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Plots sold by the Haryana Shehri Vikas Pradhikaran (HSVP, formerly HUDA) are among the cleanest titles you can buy in Gurugram and Faridabad: the land was acquired and planned by a state authority, and the sectors have approved layouts. Many HSVP residential plots now reach buyers through e-auctions, including auctions of plots left over from earlier schemes. An auction is fast and binding, and the payment deadlines are unforgiving. This guide explains how HSVP e-auctions work under the authority’s published policy, what you pay and when, what happens after allotment, and what to check when buying an HSVP plot on resale.
Where HSVP auctions happen
HSVP’s website (hsvphry.org.in) links to its e-auction portal and to a plot status enquiry service. Auctions are announced for specific urban estates, such as HSVP sectors in Gurugram or Faridabad, with a list of properties, reserve prices and the EMD for each. The terms in this guide come from HSVP’s revised e-auction policy for residential, commercial, institutional and independent commercial sites issued on 20 July 2022, as reproduced in HSVP’s 2024 compendium of policies. Check the brochure of the specific auction you join, because HSVP may revise terms.
Eligibility and registration
- Who can bid: any person legally competent to contract under the Indian Contract Act. Companies, firms and HUFs can bid with board resolutions or authorisations and constitutional documents.
- Joint bids: allowed if all names and individual shares are stated, with an authority letter or power of attorney for the person bidding. The site cannot be fragmented.
- Registration: register once on the portal to get a user ID, then pay a non-refundable e-service charge of Rs 1,000 for each property group you want to bid in.
- Documents with EMD: self-certified PAN, Aadhaar and photograph of each applicant and authorised signatory.
EMD and the auction itself
- Earnest money: 5 percent of the reserve price of each property you want to bid for, deposited online at least 48 hours before the scheduled auction. Separate EMD is needed for each property.
- Bidding: starts at the reserve price. You must beat the current bid by at least the minimum increment, which rises with the base price.
- Timing: auctions open at 10 am and continue while bids come in; no new round starts after 6 pm.
- Unsuccessful bidders: EMD is refunded automatically within three days of the auction closing.
- Acceptance: the competent authority decides on accepting or rejecting bids within 30 days, and can reject any bid or withdraw any property without giving reasons.
| Base price of property | Minimum increment, initial time | Minimum increment, each extended round |
|---|---|---|
| Up to Rs 50 lakh | Rs 10,000 | Rs 15,000 |
| Rs 50 lakh to Rs 1 crore | Rs 20,000 | Rs 30,000 |
| Rs 1 crore to Rs 5 crore | Rs 30,000 | Rs 45,000 |
| Rs 5 crore and above | Rs 50,000 | Rs 75,000 |
The payment schedule after you win
This is where most bidders get into trouble. Under the 2022 policy:
| Payment | Amount | Deadline | If you miss it |
|---|---|---|---|
| First | 10 percent of your bid, including the EMD | 1 working day after the auction for bids up to Rs 50 lakh; 2 days up to Rs 1 crore; 3 days up to Rs 5 crore; 4 days above | Bid rejected and EMD forfeited |
| Second | Another 15 percent | Within 30 days of the letter of intent (LOI) being dispatched | LOI withdrawn and the 10 percent forfeited |
| Balance | 75 percent | Lump sum without interest within 120 or 180 days of the LOI, depending on property type, or in instalments with interest where the policy allows | LOI or allotment withdrawn and the 25 percent forfeited |
Where instalments are allowed, the policy describes six half-yearly instalments or three annual instalments with 12 percent interest on the balance and 3 percent penal interest on defaults, backed by a bank guarantee for 75 percent of the bid amount furnished within 30 days of the LOI. If you do not furnish the bank guarantee and opt for instalments, HSVP presumes you will pay the lump sum. Plan your finances before you bid: a home loan for an auction plot rarely sanctions within the 30-day window, so most buyers need their own funds for the first 25 percent.
HSVP’s later instructions in the same compendium soften these deadlines slightly, for properties e-auctioned after 22 June 2021. A delay in depositing the 15 or 75 percent may be condoned for 30 days with interest at 15 percent. Since a May 2023 decision, a bidder who has paid 75 percent of the bid can get a further 30 days with interest at 18 percent, and the Chief Administrator can accept a short payment of up to 2 percent of the bid with 18 percent interest. These are concessions, not rights, so do not plan around them.
Possession, building plans and construction
- Possession: after paying in full (or after the in instalment cases), apply for physical possession. If HSVP does not deliver possession within 30 days of the application, the policy provides interest at 5.5 percent a year for the delay, and if it cannot deliver within three months after you pay 100 percent, the full amount is refundable.
- Building plans: construction must follow the plot’s architectural control or zoning plan under the Haryana Building Code, 2017, with plans sanctioned by the HSVP Estate Office. HSVP’s site links to its online building plan approval system.
- Construction deadline: extensions of the period to complete construction are considered under HSVP’s extension policy of 6 March 2019, as amended. Ask the Estate Office for the current extension fees before you buy a plot you do not plan to build on soon.
- Use: residential plots are for residential use, although HSVP regulations allow non-nuisance professional consultancy. Subdivision is not allowed.
Conveyance deed and transfer
The property belongs to HSVP until the full price and dues are paid and a is executed. You pay and registration on that deed. The 2022 policy also says the allottee cannot transfer the property or create rights in it without the Estate Officer’s prior written permission, even after the conveyance deed. Before full payment, a mortgage is allowed only to secure a loan for paying the price, again with the Estate Officer’s prior permission.
Surrender and resumption
| Surrender within | Amount forfeited (share of allotment or bid price) |
|---|---|
| One year of allotment | 15 percent |
| One to two years | 25 percent |
| Two to three years | 35 percent |
| After three years | 50 percent |
Outstanding interest and penalty are deducted separately and no interest is paid on the refund, but HSVP is to refund within 30 days of the surrender application and must pay interest at the current SBI MCLR if it is late. Surrender requests are online only, and HSVP can reject them. If an allottee breaches the allotment conditions, HSVP can resume the property under Section 17 of the HSVP Act, 1977 and refund the money after forfeiting 10 percent of the total cost plus dues.
Buying an HSVP plot on resale: checklist
- Use HSVP’s plot status enquiry to confirm the allottee’s name, dues and status.
- Obtain the allotment letter, payment receipts, possession certificate, conveyance deed and any earlier transfer permissions.
- Get a no-dues statement from the Estate Office covering price, interest, extension fees and any non-construction charges.
- Check whether a resumption notice has ever been issued and whether it was withdrawn.
- Confirm the transfer permission procedure and fees with the Estate Office before signing.
- Verify building plan approval and if there is a house on the plot.
- Pay stamp duty on the higher of deed value and ; Haryana’s 2026-27 collector rates took effect on 1 April 2026 (for Gurugram, see the final 2026-27 list for Tehsil Gurugram on the Haryana property portal).
Red flags
- Sellers offering a or agreement instead of a transfer recognised by HSVP.
- Plots under resumption or with long-unpaid instalments.
- Middlemen claiming they can secure an auction win or a reserved-category allotment.
- Payment requested to anyone other than HSVP’s portal or challan.
As of October 2026
All auction terms here come from HSVP’s revised e-auction policy of July 2022 in its 2024 compendium. Individual auction brochures may update reserve prices, deadlines or interest rates. Read the current brochure on the portal before depositing EMD.
Frequently asked questions
How much EMD is needed for an HSVP e-auction?
Under HSVP's July 2022 policy, 5 percent of the reserve price of each property, deposited online at least 48 hours before the auction, plus a Rs 1,000 non-refundable e-service charge per property group.
How quickly must I pay after winning?
10 percent of the bid (including EMD) within one to four working days depending on bid size, another 15 percent within 30 days of the LOI, and the balance 75 percent as a lump sum or in instalments as the policy allows.
Can I sell an HSVP plot freely after conveyance?
The 2022 policy says the allottee cannot transfer the property without the Estate Officer's prior written permission, even after the conveyance deed. Check the current transfer procedure and fees.
What if I surrender an auction plot?
HSVP forfeits 15 percent within one year, 25 percent in the second year, 35 percent in the third and 50 percent after three years, plus dues, and may reject the surrender.
Is there a deadline to build on an HSVP plot?
Yes. Construction must follow approved plans, and extensions of time are considered under HSVP's extension policy of March 2019 as amended. Ask the Estate Office about current extension fees.
Sources
- HSVP: Compendium of policies 2024 (includes revised e-auction policy, 20 July 2022)
- HSVP official website
- Haryana Building Code 2017 amendments (HSVP)
- Lawyers in Gurgaon: Collector rate Haryana 2026-27 effective 1 April 2026
- Wikipedia: Haryana Shahari Vikas Pradhikaran
Updated 25 October 2026. This article is general information, not legal or financial advice; check current rules and project details before you decide.
