(THE NEWSMAN OF INDIA.COM)
In a notable move to streamline the sale of seized assets, MSTC Limited, a public sector enterprise under the Ministry of Steel, Government of India, is set to conduct an e-auction of prime commercial properties and residential flats in Hyderabad. This initiative is in compliance with the directives of the Supreme Court of India and is being overseen by the Enforcement Directorate (ED) Hyderabad.([MSTC Limited][1])

Auction Details

Auction Number: MSTC/HYD/Directorate of Enforcement/1/Hyderabad/25-26/9729
Scheduled Date: June 5, 2025
Platform: [MSTC e-Auction Portal](https://www.mstcecommerce.com)

Properties on Offer

The auction will feature a diverse range of properties, including:(MSTC Limited[2])

Commercial Properties: Prime office spaces located in key business districts of Hyderabad.
Residential Flats: Well-appointed flats situated in sought-after localities, suitable for both investors and end-users.

These properties have been seized under various provisions of the Prevention of Money Laundering Act (PMLA) and other related laws. The sale aims to liquidate these assets in a transparent and efficient manner, ensuring compliance with legal procedures and maximizing returns for the exchequer.

For assistance or inquiries, prospective bidders can contact:9831609441

About MSTC Limited
MSTC Limited, formerly known as Metal Scrap Trade Corporation Limited, is a Miniratna category-I Public Sector Undertaking under the Ministry of Steel, Government of India. Established in 1964, MSTC has diversified its operations to include e-auction services for various sectors, including real estate, scrap materials, and minerals. The company’s e-auction platform is renowned for its transparency, efficiency, and wide reach, facilitating the sale of assets for various government departments and agencies across the country.