The Bengaluru Development Authority (BDA) has re-commenced auctioning its corner sites in various layouts. This comes two months after the Karnataka State Chief Minister B.S. Yediyurappa announced that around 12,000 BDA sites will be auctioned in a phased manner.
Since 2011-12, the BDA has been aggressively offering the plots for sale through e-auction. These are residential / commercial sites in well developed localities of Bangalore.
Bidding / e-auctioning is a hassle-free way to own a property, especially if want to avoid any sort of black money in real estate transactions.
Difference between BDA Allotment and Auction:
BDA has so far formed about 62 layouts in Bangalore. Bangalore BDA maintains a seniority list of applicants who has applied for sites in BDA layouts. After forming a layout, BDA generally allots the plots based on certain criteria and lottery system. The e-auction process is different to this. Any citizen of India can apply for auction. There is no lottery system. The highest price bidder of a particular plot will win the auction.
Response to BDA E-auction June – July 2020
BDA had successfully conducted e-auction during June – July 2020 for around 200 corner sites in the first phase. The E-auctions for sites at HSR Layout, Sir M. Visvesvaraya Layout, Banashankari, NGEF, J.P. Nagar and Rajajinagar.
My Observations on July 2020 e-auction :
- On the last day of Auction ie 7th July, 2020, the auction participants had faced technical outage. This has forced the BDA to extend the e-auction deadlines.
- BDA sold 166 out of 195 sites and earned Rs 210 crore. It bagged Rs 52 crore immediately as successful bidders had to pay 25 per cent of the site value in three day.
- BDA could sell 85 per cent of sites available for bidding. More than 2,500 people had participated in the July 2020 e-auction.
- BDA had cancelled the auction of 19 sites as the bids were less than 5 per cent above the price fixed. There were no bidders for 10 sites. BDA had fixed the price at 10 per cent more than the guidance value of the area.
Response to BDA E-auction July – Aug 2020
BDA had conducted e-auction during July – August 2020 for around 300 corner sites in the second phase. The E-auctions for sites were primarily at Sir M. Visvesvaraya Layout, Banashankari and Anjanapura.
My Observations on Aug 2020 e-auction :
- Unlike in previous e-auction, this time no major technical issue (server break-down) has been reported by the participants.
- As per the BDA around 1,600 persons took part in this e-auction. Bangalore Development Authority has earned Rs 172 crore from the sale of 240 sites through e-auction.
- Of 308 sites, 68 could not be sold due to various reasons. Yet, the auction fetched 65% more than the original price of Rs 103 crore fixed by BDA.
- Forty-five sites did not receive response from bidders, while 22 got less than 5% response and one was withdrawn from the process.
Response to BDA E-auction Sep – Oct 2020 (Third phase)
BDA claims that in the third phase, it had announced the auction of 402 sites of various dimensions and received good response from the public. A total of 402 sites were announced, wherein 40 sites were withdrawn from the auction due to unavoidable reasons. Out of 362 sites, 286 sites have been sold and 1,673 bidders participated. There has been no response for 55 sites.
Latest BDA Plots E-auction 2020 (Oct – Nov 2020) Notification
BDA has now come up with the latest e-auction notification (October – November 2020) as part of the fourth phase of auctions.
The E-auctions for sites primarily located at Arkavathy Layout, Sir M. Visvesvaraya Layout, J P Nagar 9th Phase Banshankari 6th stage and BTM 4th/5th stages commence from October 12th, 2020.
The last date to express interest of participation is 2-Nov-2020 to 7-Nov 2020 and the last date for closing e-Auction is 7th Nov, 2020 to 11th Nov, 2020, depending the location of the site. (To avoid the technical outage, this time around as well, the BDA has kept different e-auction last day deadlines for different layouts.)
You may kindly click on the below image to download the complete and latest BDA e-auction notification (Oct – Nov 2020).
BDA Sites Online Auction Terms & Conditions
- Applicant should be a Citizen of India
- NRIs & Partnership firms also can participate in the auction
- Applicant has to pay Rs 4 Lakh per site as Earnest Money Deposit (Deposit amount is refundable).
- Successful bidder has to remit 25% of auction amount in 3 days.
You may download complete details on Auction Terms & Conditions from this link.
Advantages of buying a BDA Plot/site through auction:
- The bidding process is completely online (it is like stock market trading).
- The process is transparent. You can view the bid prices quoted by the other bidders on the screen.
- Most of the properties offered are corner plots.
- BDA layouts are comparatively well developed with good infrastructure.
- BDA Layouts have drinking water supply facility.
- You can easily fund the property deal through home loan.
- You are the first owner of the property.
- No issue of black money. The entire property deal amount should be paid through Demand Drafts (DDs) or money transfers.
- No Agent or mediator involved in the process. The entire decision making process is in your hands.
- Anyone in India (citizen of India) can invest in these properties.
- Different plot measurements are available ( from 400 square feet to 4000 sq ft and above).
- You may win the auction at less than the current prevailing market price (but this happens very rarely as BDA can cancel the bid, if its required).
- Auction notification has location and site map details. Hence it is easy to locate the property.
- In case, you wish to re-sell the property, you can do it immediately after the Registration of the vacant plot.
BDA e-Auction Procedure
Below is the step by step procedure to participate in BDA E Auctions;
- Visit this link ( BDA’s e-auction website)
- Click on ‘Auctions’ Option.
- Click on User icon on the respective Auction notification item.
- Click on “New user : Register”
- Fill your personal and bank details
- Pay Auction Processing Fees & Earnest Money Deposit of Rs4 Lakh (per site) online.
- If you do not win the auction then Rs 4 Lakh will be refunded to your bank account.
- Upload your Auction documents online.
- Agree to auction terms & conditions and submit your interest of participation.
- There will be Delta time of 5 minutes on the final day. The auction can go on till the time there is no new bid quoted before the end of the delta time (as shown below).
- The successful bidder has to remit 25% of auction amount to BDA in 72 hours.
- Generally BDA will give you around 45 to 60 days to remit the remaining 75% amount.
BDA E Auction – The entire process & Important Stages
The entire process from bidding to Registration generally gets over in 2 to 4 months. The below process flow gives you clear idea about this;
BDA E-Auction – Should you participate? | My opinion
For the last 9 years, I have been keenly tracking the e-auctions conducted by the BDA. To my knowledge, most of the auctions have been successful with high levels of participation from property investors.
Some bidders have won at the base price itself and some have won at crazy prices. Personally, I have participated in the e-auction in 2012 and won the bid.
Considering the current economic scenario and prevailing pandemic (Covid-19), it is to be seen if same level of participation happens or not.
If you are keenly looking for a property (vacant plot) for self-occupation and planning to settle down in Bengaluru then you may surely consider participating in these auctions. But, do not over-leverage your self by taking high home loan amount (if any). Also, advisable not to cross your budget limit during the bidding process.
In case, you are looking for a commercial site or for investment purposes, do not expect fantastic / abnormal returns (capital appreciation / rental yields).
As you are buying the auction property through WHITE money, you may get a compliance notice regarding ‘high value transaction‘, from the Income Tax Department for the respective Assessment Year. So, make sure you keep all the information related to your payments / source of funds, for future reference.
Are you planning to buy a property in Bangalore? Do you want more information on e-auction process? Then, kindly leave your comments below and I will be more than happy to reply to your comments. Cheers!
Kindly go through the views shared by e-auctions’ participants in the below Comments Section.
Continue reading:
- Checklist of Important Property Documents in India | Legal Checklist for Property Purchase
- Khatha Registration & Khatha Transfer Procedure in Bangalore
- 5 ways of transferring your Real Estate Property!
- How to save Capital Gains Tax on Sale of Land / House Property?
(Post first published on : 20-June-2020)
Hi,
I have few questions:
1. eproc.karnataka.gov.in (Auction Page) is not opening, please advise
2. Geotag link in BDA website is not working, please advise
Hi Subra,
How is the trend in BSK 6th stage 1st block in the current auction? prices reduced or increased? any idea? because lot of odd sites/big sites are available
Is the eproc website working? Getting error 404 page not found
The system asking for notarised ID documents after paying EMD 4 lacs. Could someone please clarify if this needs to be notarized prior to winning the bid?
As per notification requirement you need to notarized PAN & Aadhar card and specimen signature for each site,
That means if you are applying for 4 site, you need to notarize one Pan & One Aadhar and 4 specimen signature documents ( Total 6 ) .
I Know it is painful. BDA might or may not have process to verify these document once you win the bid. After winning bid if BDA says document are not as expected and if they cancel application then it is very painful. SO better to follow all steps as needed
Refunds have come this week for Oct 1st bidding.
Very good info. Thank you 🙂
I have two questions:
1. Is there a way to know the winning bid price for the sites which were completed the auction?.
2. BDA advertises that you can bid from anywhere in the world, but we will have to upload the notary/gazetted officer signed document right?.
1. Please search or read previous comments, you will know what was winning bid for most of sites and how to check it in eproc post completion of auction. ( before end of auction only visible for people who paid EMD amount )
2. For NRI there is different process to upload document. Notification term and condition PDF has details about it.
Is the geotag link working?
Getting some error in both mobile and computer
Nope. It’s not working. Now they uploaded a PDF file with map URL for each site.
Looks to be working now
Thanks Sachin… yes. It’s working now!!.
Where can we get the Layout Plan for the bda sites ?
Hi All,
Consider I have registered my bank account in e-auction but use my wifes credit/debit card for EMD payment. If remain unsuccessful, will refund happen to registered bank account? Or is it mandatory to use credit/debit card linked to registered bank account in e-auction.
Please suggest.
while paying EMD, you have to choose refund account
Can I and my wife bid separately for two adjacent sites and later combine the two for constructing a home?
There is no limit of site to apply and win. you can apply both site or your wife or separately any number of site
You can apply jointly too.
Larger dimension site are more cheaper then Amalgamation of two smaller dimension site. Also, you get better location and road width.
Better to ask expert ( BDA official) about rules on Amalgamation which need town planning approvals.
As there is certain rule for width of road In front of certain dimension of site, you might face hurdle from town planning.
I guess town planning may not approve Amalgamation of 4 ( 20*30) to one 60*40 as it will not meet minimum road width requirements.
Also 60*40 site is more cheaper then 4 (20*30 Site).
If your site is in main road you might approvals. ( It is meets road width requirements)
I was told by BDA officials that, there was no such whatsup group for auction bid winners created by BDA
Subra Sir, Please share your email ID
Hi Subra
Good afternoon!
do we have this in english format – BDA buyer’s photograph and signature confirmation letter?
No, only English. You can download from eproc
Hi Subra,
When we last discussed you had applied for multiple EMDs. Have you received refund? I haven’t got refund yet. Its near to 21 days. BDA team said they have received complaints on same but yet to resolve and not sure about it.
No refund yet. But someone told in WhatsApp group (for selected bidders created by BDA finance team ) we will get in week time.
They will not square off Multiple EMD amount with 25% too.
Multiple EMD is no use for popular location as bid will closed at different time and site which looks cheaper might get close at higher then other site later
Yeah, very true on last point. Will wait for a week, lets see.
How to join whatsapp group created by BDA?
It is by invitation by BDA,
We can add you to the group if you share site you won in last auction and your WhatsApp number. (Please see my email address in previous comments )
Sir, Please share your e mail address
Hi Subra
While uploading documents – PAN and photo identity etc
There are two columns
1)Select Document – Need to select documents
2)Select from My Documents
do we need to upload same document two times?
1)Select Document – Need to select documents- Only needed
Select from My Documents – Not needed.
Hi Guys
After clicking on check browser and client settings.. I can able to see Test here button.
What we should get by clicking “Test here” button.
Hi Guys
anybody paid EMD with credit card..if yes…
If we don’t win the site, then does it come to the account which we have given at the time of login creation(registration)?
While paying it will ask which account you want refund, I paid from axis bank and asked refund in HDFC bank. ( But HDFC should be registerd in eproc to appear in drop selection for refund) .
Hope same method should work for credit card
Thanks a lot for the reply.
have few doubts ; can you please clarify;
1. Can a person who is already a BDA alottee, bid in this tender, I think this shud be possible, right?
2. If a person has a site and gets a corner site next to his site in auction, will BDA allow amalgamation of these two adjacent sites?
3. While filling details for tender, there are a few documents needed to be uploaded, is there a format for Citizen of India document?. will Aadhar or passport copy do?
1.Auction is open for all
2. When I asked BDA survey person ” can I do bifurcation of my 30*40 site ? ” He told ” yes but need to get approvals from town planning ” Same logic might apply for amalgamation, But road width might be potential challenge. Also not sure can we get multiple A khata for apartment dwelling. If it is single kitchen approvals it might be easier. Someone has constructed big house in BSK, 6 th stage 7 block with amalgamation of 4 site ( 2 corner site, 2 Middle site) – check google map for same. ( Surprised to those two sites are geo tagged )
Site_No 302
Site_No 277, Are not part of auction but they are Geo Tagged.
Amalgamation- Looks like 4 sites 302,303, 277, 276
Thanks a lot, Subra. You, alongwith Sreekanth have given lots and lots of useful information and shared experiences in this forum which is tough to get from other sources. This helps novices like me. Thank you very much and God bless
Hi subra
finally I can able to see Test here button, but when when I click on it, it says “Cannot initialise keystore: Reason- The key store is empty”
Is that good and I can able to bid?
I have not faced that error, you can try calling eproc helpdesk. They might have technical team who know about such error. Every time I called eproc they picked the line in 1 minutes.
What we should get by clicking “Test here” button Subra
lot of useful information. Thank you very much.
Hi Team,
Is it possible to bid with company account (Company name) ?
Notification has detail like partnership firms can apply.
For joint applicants blood relationship is need ( except married daughters and sisters)
What would be the current market price in BSK 6th stage, 5th Block and 7th Block, near Rashtrotthana school?
Is it good to bid sites near Rashtrotthana school and can we expect lesser than market price? as all these sites are near to NICE road and too much vehicle noise.
Welcome experts suggestions. Thanks.
Few days back agent showed me a site at this place, for 30X40 site he was quoting 75 lakhs.
75 lac is too high for 7th block and anything after nice road. No good development at all except RV school. It will take years. Max price for a good plot would 5000-5200/- psqft as of now. Agents are time waste.
Thanks PR and ray for your inputs. Any idea about running rate in 5th block near to park and rest?
Hi Subra/Sreekanth,
Please please help me with this.
I have installed IE 11 and Java 7.
When I go to the page where we attach all the documents and pay EMD and all.
There is a button to “Check Browser and client settings”when I click on this, it pops up a window saying “The page you are viewing uses java…etc” after that I clicked on Ok again i get same window and after click on ok it opens a page.
Where I don’t see “Test here” button, I followed all the instructions in the page but not able to Test here.
With the current state will I be able to pay EMD and bid for any site.
Please help me guys…
Without test here button working you cannot bid. But you have enough time to resolve. If you wish you can pay EMD amount and check is BID button working.
Please try with different version of java. Worst case try others computer.
Reinstall OS
Which version of Java you are using Subra
Java 8 update 261 ( 8.0.2610.12)
which OS you are using Subra
win 10
I subra finally I can able to see Test here button, but when when I click on it, it says “Cannot initialise keystore: Reason- The key store is empty”
Is that good and I can able to bid?
I had same problem. Downloaded JDK 8 /JRE 8 from Oracle and it works.
Thanks for the reply..which OS you are using Rajesh.
I am using windows 7 ultimate, in mojilla firefox 50 it says “it needs a plugin to display this content” and in IE11 it says “the page you are viewing uses java”.
I tried all the ways from google still getting above errors
Hi Kiran,
I had same problem, try opening in IE as private window (worked for me)
windows 10..the app finally installed in my machine is Java 8 Update 261
Kiran, from the message , it looks like you need to have the right version of the Java .. also i read somewhere there is 32 bit and 64bit version( compatible version to OS is required). download and check on these different options and it should work fine. you have enough time..
Read my comment here: https://www.relakhs.com/latest-bda-plots-e-auction-procedure/#comments/105089
Hi Subra/Sreekanth
Good Evening!
How to validate legal things for the site.
Wont it be risk to buying a site without legal opinion.
Hope you know that when govt agencies acquire land all mother dead get obsolete. All land documents will start from fresh unlike land developed by developers or co operative society.
BDA will not share any documents other then notification before auction.
Also BDA will not auction litigation property.
Heard that bank is not giving loans to Arkavathy layout BDA site. It is better to bid for the site which you are familiar and aware of ongoing issue.
I dont think so, it may be a rumor. My friend has already got loan in process from union bank for arkavathy layout auction plot happened last month. Its hard to believe right and wrong.
Ok, Heard in some other WhatsApp group might be rumor
Hi Subra
This message is showing in the auction
what is this?
All the bidders are requested to ensure that they are using Class 3 DSC (Digital Signature Certificate) with valid expiry end date. Bidders whose DSC is already expired or due for expiry should renew their DSC before participating in any Tender/Auction.
Where can I download specified format
CONTACT DETAILS (Upload in a specified format -attached in eproc website)
CONTACT DETAILS- It is misleading, There is no specific format, As long as you have updated your profile in eproc correctly that is fine, We all attached aadhar for this requirement.
DSC – Not needed as long as you are able to see the bid button ( use IE 11 and correct version of Java)
On auction day please keep backup broadband ready. As most action will happen just before 5 minutes.
Okay..Thanks a lot
Hi Subra/ anyone
How will be the competition for BTM 4th STAGE, 2nd BLOCK sites.
Any trends in the past..what would be the good price to bid the sites.
I don’t have information on BTM layout, But you might little cheaper then market price due to covid and PG business in stress. This is just my guess. don’t know about real market
Thanks a lot Subra…Really you have a big heart..you are guiding many people.
Hi Subra
Good Morning!
This is from notification
Date & time for opening of
e-Auction & commencement of live bidding :
12.10.2020 ; 11.00 am IST
What does the above mean, is it like we can pay EMD from 12th october?
Sl.No. 76 to 150 Last date & time to express interest of
participation : 03.11.2020 ; 6.00 pm IST
Last date and time for closing
e-Auction : 04.11.2020 ; 6.00 pm IST
and above mean we can bid from 03.11.2020 PM to 04.11.2020 ; 6.00 pm IST?
You can start paying EMD from 12.10.2020 ; 11.00 am IST and start bidding your price. Since it is first time and it is better to pay before 25/11 so that if any technical issue in eproc you have week time to resolve.
You will learn as time progress.
you can start bidding from 12.10.2020 ; 11.00 am IST to 04.11.2020 ; 6.00 pm IST, If anyone bid 5.58PM then end time will extend till 6.03…..and continue too no new high price with 5 minutes delta.
Thanks a lot for your replay Subra
Any one received EMD refund for the Auction ended on 1st October?
Acution status is “bidding closed”. When will it move to “Finalised”? Is it required for the status to be changed to “Finalised” for the refund to get initiated?
In the EMD payment status it is still VER_SUCCESSFUL. No details of refund.
Which number to contact in BDA or EPROC to know the status of EMD refund.
Thanks in advance.
No refund yet. Its more than 10 days.
Got the refund today (17th October) for the auction end date of 1st Oct.
EMD payment status was changed from VER_SUCCESSFUL to REFUND_APPROVED on 15th Oct
Hi Subra
Is there any way to find the bidding amount for any site without paying EMD amount.
Because if there are any biddings more than my budget, there is no point in joining in the bid.
There is no way for common people to know bidding amount of any site without paying EMD amount.
Eproc admin/ BDA official might have access. But they wont reveal it as it is not legal for them and they wont risk their jobs.
Even if you EMD amount and looks like solo bidder before cutoff time may not be true as many might have expressed interest on site already but they have yet to bid price. ( you will see real price movement just before 10 minutes)
Don’t be excited by low price just couple of minutes if bid closing, It will jack up till market price only after 6 PM on last day.
There is no chance you can be solo bidder for popular area even by any probability games. ( example BSK 6 stage, block 1,2,3)
You have chance of getting low price/ solo bidder for odd dimension plot / Vastu avoid plots/ bigger plot/ low popular area only. But to increase the probability you need pay multiple EMD amount. ( study bask 6 th stage, 7 block for last auction)
Thanks Subra..How will be the competition for BTM 4th STAGE, 2nd BLOCK sites.
If I pay EMD amount, can I bid any site?
One EMD payment only onsite bid, For multiple site multiple EMD amount needed.
Thanks a lot for your reply
When I try to login in eproc, its trowing this “One or more bank account details are not verified by you, request you to kindly verify!.”..how can I verify my bank account Srikant
Go to your profile, Business information, Check bank account details, Edit/Verify account details. …Click on check box. Save it…
Check box arrow tick is very importent
Thanks Subra. verified my bank details.
I am not getting otp to verify my mobile number
I am giving like this
91 9538820639
In the first box 91 and in the second box 9538820639.
Please let me know how to verify it,
OTP verification is not mandatory, ( Ignore it) Only Bank account verify is mandatory.
Anyone already received allotment letter from BDA for Sep-Oct auction? I am waiting for one.
I received the allotment letter today for the auction closed on 29th Sep.
Hi Sreekant, I would like to know Arkavathy layout bidded price near jakkur area.
Are you looking for below site ?/
site No: 2690/A Dimensions in Meters a) East to West: 7.00 (b) North to South: 12.00 C) Area in Sq.mtr 84.00 at Arkavathy Layout Jakkur Village. 117900
Site No: 1355 Dimensions in Meters a) East to West: 12.00 (b) North to South: 6.00 C) Area in Sq.mtr 72.00 at Arkavathy Layout Jakkur Village.154900
Site No: 372 Dimensions in Meters a) East to West: 12.00 (b) North to South: 6.00 C) Area in Sq.mtr 72.00 at Arkavathy Layout Jakkur Village.83400
Site No: 371 Dimensions in Meters a) East to West: 12.00 (b) North to South: 6.00 C) Area in Sq.mtr 72.00 at Arkavathy Layout Jakkur Village.75400
Site No: 291 Dimensions in Meters a) East to West: 9.00 (b) North to South: 7.00 C) Area in Sq.mtr 63.00 at Arkavathy Layout Jakkur Village.72900
Site No: 263 Dimensions in Meters a) East to West: 9.00 (b) North to South: 6.00 C) Area in Sq.mtr 54.00 at Arkavathy Layout Jakkur Village.79400
Site No: 262 Dimensions in Meters a) East to West: 9.00 (b) North to South: 6.00 C) Area in Sq.mtr 54.00 at Arkavathy Layout Jakkur Village.67400
Site No: 223/A Dimensions in Meters a) East to West: 12.00 (b) North to South: 9.40 C) Area in Sq.mtr 112.80 at Arkavathy Layout Jakkur Village.
Site No: 222/A Dimensions in Meters a) East to West: 12.00 (b) North to South: 6.60 C) Area in Sq.mtr 79.20 at Arkavathy Layout Jakkur Village.79400
Site No: 148A Dimensions in Meters a) East to West: 6.00 (b) North to South: 12.00 C) Area in Sq.mtr 72.00 at Arkavathy Layout Jakkur Village.79900
wow!!.. some of the sites were sold at way more than the market rate!!.
Subra, this is good info. Where can I find this on BDA site?.
one site got recalled in last lot, can i try and how ?
your guidlines is very much appreciated . . .
hi,
we have auction corner sites for resale in various measurements and in various location in SMVL LAYOUT ( veshwariahya layout) and banashankeri 6th stage.
if any one interested please message to 9341410306
hi,
we auction corner sites for resale in various measurements and in various location in SMVL LAYOUT ( veshwariahya layout) and banashankeri 6th stage.
if any one interested please message to 9341410306
Dear Subra,
Any information what is the average price one can bid in BANASHANKARI 6th Stage, 7th Block, near – Rashtrotthana Vidya Kendra school?
Regards,
PR
BANASHANKARI 6th Stage, 7th Block, near – Rashtrotthana Vidya Kendra school
When I was looking for resale plot in that area asking price was 7 K ( 100% Bank payment ) 6K ( with Bank payment only till base price & rest in cash). for 30*40 site. Actual deal might happen 500 INR less – Asking price for 60*40 is 6K( almost 1 K Less)
As there are many site for auction you might get cheaper then resale. ( Like 2 nd block)
But take care as those are not perfect vastu cardinal plots, and called vidisha plots. Please check using actual compass or in google map don’t believe BDA notification direction.
Odd dimension plot & Plot near to Nice road should go still lesser
BANASHANKARI 6th Stage, 7th Block, near 5 th block
If you are lucky and solo bidder you might get odd dimension bigger plot near to nice road very cheap. ( see old auction for trends)
Thank you Subra for your information. Yes you are right the direction in given in BDA notification is not right is most of the cases.
My understanding is that the value of these sites are only that much. If the bids are going way above market rates, it’s just people have too much money on their hands. Even a site measuring 200 sq mtr for a price of 50000 is a crore rupees.
Its all your luck. You may get at a good price or higher than market price, less than market price very rare with luck. Supply is less than demand. Due to these auctions, ppl might have put on-hold to buy under resale.
Yes Sri, you right, its all luck. Trying since last two auction, but both the time had huge competition from other bidders, so didnt buy it. Will try my luck this time.
BSK 6 th stage, 1 block ( August auction)
Site No:27 North to South: 9.00 (b) East to West: (6.00+7.50)/2 C) Area in Sq.mtr 60.75 Banashankari 6th stage,1st Block 72750
Site No:67 North to South: 9.00 (b) East to West: (8.00+4.50)/2 C) Area in Sq.mtr 56.25 Banashankari 6th stage,1st Block 51250
Site No:68 North to South: 9.00 (b) East to West: (8.50+7.00)/2 C) Area in Sq.mtr 69.75 Banashankari 6th stage,1st Bloc 71750
Site No:74 North to South: 9.00 (b) East to West: (5.50+5.00)/2 C) Area in Sq.mtr 47.25 Banashankari 6th stage,1st Block 55750
Site No:75 North to South: 9.00 (b) East to West: 5.50 C) Area in Sq.mtr 49.50 at Banashankari 6th stage,1st Block 78750
Site No:79 North to South: 9.00 (b) East to West: (10.00+5.50)/2 C) Area in Sq.mtr 69.75 at Banashankari 6th stage,1st Block 59250
Site No:80 North to South: 9.00 (b) East to West: 5.00 C) Area in Sq.mtr 45.00 at Banashankari 6th stage,1st Block 78250
Site No:93/A North to South: 9.00 (b) East to West: (5.50+5.00)/2 C) Area in Sq.mtr 47.25 at Banashankari 6th stage,1st Block 72250
Site No:94/A North to South: 9.00 (b) East to West: (5.50+5.00)/2 C) Area in Sq.mtr 47.25 at Banashankari 6th stage,1st Block 49250
Site No:355 North to South: 18.00 (b) East to West: (11.50+12.00)/2 C) Area in Sq.mtr 211.50 at Banashankari 6th stage,1st Block 106750
Site No:356 North to South: 18.00 (b) East to West: (7.50+8.00)/2 C) Area in Sq.mtr 139.50 at Banashankari 6th stage,1st Block 103250
Site No:394 North to South: 13.50 (b) East to West: 18.00 C) Area in Sq.mtr 243.00 at Banashankari 6th stage,1st Block 98750
Site No:573 North to South: 8.00 (b) East to West: 18.00 C) Area in Sq.mtr 144.00 at Banashankari 6th stage,1st Block 88750
Site No:655 North to South: (9.00+7.00)/2 (b) East to West: 18.00 C) Area in Sq.mtr 144.00 at Banashankari 6th stage,1st Block 65250
Site No:982 North to South:18.00 (b) East to West: (8.50+9.00)/2 C) Area in Sq.mtr 157.50 at Banashankari 6th stage,1st Block 94250
Site No:983 North to South:18.00 (b) East to West: 9.00 C) Area in Sq.mtr 162.00 at Banashankari 6th stage,1st Block 92750
Site No:1019 North to South:18.00 (b) East to West: 9.00 C) Area in Sq.mtr 162.00 at Banashankari 6th stage,1st Block 105250
Site No:372 North to South:18.00 (b) East to West: (7.00+9.00)/2 C) Area in Sq.mtr 144.00 at Banashankari 6th stage,1st Block 87750
Site No:640 North to South: (7.50+8.00)/2 (b) East to West: 18.00 C) Area in Sq.mtr 139.50 at Banashankari 6th stage,1st Block 97250
Site No:833 North to South: 12.00 (b) East to West: 6.50 C) Area in Sq.mtr 78.00 at Banashankari 6th stage,1st Block 97750
Site No:872 North to South: 12.00 (b) East to West: (8.10+8.50)/2 C) Area in Sq.mtr 99.60 at Banashankari 6th stage,1st Block 102250
Site No:873 North to South: 12.00 (b) East to West: 8.50C) Area in Sq.mtr 102.00 at Banashankari 6th stage,1st Block 102750
Site No:913 North to South: 12.00 (b) East to West: 5.00 C) Area in Sq.mtr 60.00 at Banashankari 6th stage,1st Block 106750
Site No:914 North to South: 12.00 (b) East to West: 5.00 C) Area in Sq.mtr 60.00 at Banashankari 6th stage,1st Block 87750
Site No:950 North to South: 18.00 (b) East to West: 7.50 C) Area in Sq.mtr 135.00 at Banashankari 6th stage,1st Block 81250
Site No:951 North to South: 18.00 (b) East to West: 7.50 C) Area in Sq.mtr 135.00 at Banashankari 6th stage,1st Block 95250
Great information….where do we get this information?. Amazingly high rates
Unsuccessful bidders – Any one received refund for the Auction ended on 28th Sept ?
Not yet received.
Nope, not yet
Yes thru NEFT today
Yes Received yesterday
For me, auction end date was 1-Oct and yet to receive the refund
Please let me know if corner plot facing 60ft road can be used for commercial. Also, share the process to convert BDA residential site into commercial. Thank you.
“In the e-auction chart above it is mentioned that on the D-Day if only one bidder then win the bid at base price”
Is it correct? Or the bid should be more than 5% of the floor price?
In case, there is a solo bidder the bid should exceed fixed initial deposit by 5%. This is mentioned in Auction condition document. However, BDA reserves the right to accept or reject any bid without stating a reason. Good Luck!
Thank you. But it is not in e-auction terms and condition. Can you please inform where is this condition? Of course BDA can reject any bid without assigning any reason may be not fair.
Refer to point 23 in General terms and conditions document.
We have seen both scenarios in Jnanabharathi 3rd Block sites (near RV College) in recently concluded auction.
For one site, there was a solo bidder quoting more than 5% of base price and getting the approval where as for another site, there were three bidders but highest bid of less than 5% and bid got rejected. So seems 5% more is minimum qualification (with no assurance of acceptance though).
Hello Subra what is the avg decent price one can bid in Bsk6th 1st and 2nd block respectively. ?
In below comments I have posted, BSK 6 th stage 2 nd block price ( Behind petrol bunk), before weekend I will post first block and rest to second block ( Near to presidency school) . Please relatively compare the price as needed.
Thank you..
Thanks Subra. Lot of information on this forum. Thanks Srikanth for this website.
Can i get email id of subra? Is it allowed on this forum.
If you have any public question you can post here so that it will benefit all. I am also end user like all other here. you can reach to me [email protected] for any private question.
Dear Subra,
You are doing a great job in resolving most of the queries and also sharing the much required ‘pricing analysis’ here.
Really appreciate your self-less service, thank you!
Welcome Sreekanth, Also thanks for providing us wonderful blog which helped us to communicate with each others.
Dear Subra,
Great information. I tried for the site #137 in Banashankari 6th Stage, 7th Block, but lost the bid. Planning to try again this time.
Do you have any information of the final price details auctioned at Arkavathy Layout Jakkur Village. It will help me a lot, if I can try this time or not.
Regards,
PR
Final price is available to all in eproc website, Below is the process to pull the data one by one. There is no bulk export. ( Time consuming)
Login to e proc
Go to auction management
Search auction number using different key words, Site number, Finalized
Get action number
Once you have auction number search of auction.
My primary interest in BSK6 th stage as I am end user.
If you face any problem is pulling data for Arkavathy Layout Jakkur I can help. If time permit I will pull data for today or tomorrow.
I get to the details, where to find the final price.
site No: 2690/A Dimensions in Meters a) East to West: 7.00 (b) North to South: 12.00 C) Area in Sq.mtr 84.00 at Arkavathy Layout Jakkur Village. 117900
Site No: 1355 Dimensions in Meters a) East to West: 12.00 (b) North to South: 6.00 C) Area in Sq.mtr 72.00 at Arkavathy Layout Jakkur Village.154900
Site No: 372 Dimensions in Meters a) East to West: 12.00 (b) North to South: 6.00 C) Area in Sq.mtr 72.00 at Arkavathy Layout Jakkur Village.83400
Site No: 371 Dimensions in Meters a) East to West: 12.00 (b) North to South: 6.00 C) Area in Sq.mtr 72.00 at Arkavathy Layout Jakkur Village.75400
Site No: 291 Dimensions in Meters a) East to West: 9.00 (b) North to South: 7.00 C) Area in Sq.mtr 63.00 at Arkavathy Layout Jakkur Village.72900
Site No: 263 Dimensions in Meters a) East to West: 9.00 (b) North to South: 6.00 C) Area in Sq.mtr 54.00 at Arkavathy Layout Jakkur Village.79400
Site No: 262 Dimensions in Meters a) East to West: 9.00 (b) North to South: 6.00 C) Area in Sq.mtr 54.00 at Arkavathy Layout Jakkur Village.67400
Site No: 223/A Dimensions in Meters a) East to West: 12.00 (b) North to South: 9.40 C) Area in Sq.mtr 112.80 at Arkavathy Layout Jakkur Village.
Site No: 222/A Dimensions in Meters a) East to West: 12.00 (b) North to South: 6.60 C) Area in Sq.mtr 79.20 at Arkavathy Layout Jakkur Village.79400
Site No: 148A Dimensions in Meters a) East to West: 6.00 (b) North to South: 12.00 C) Area in Sq.mtr 72.00 at Arkavathy Layout Jakkur Village.79900
Thanks a lot Subra. Really appreciate your quick help. It helped me a lot.
BSK 6 ths stage, 6 th block
Site No: 04 Dimensions in Meters a): East to West (16.0+15.0)/2 b) North to South: 24.00 C) Area in Sq.mtr 372.00 at BSK VI Stage, 6th Block.98420
Site No: 05 Dimensions in Meters a): East to West (12.0+13.0)/2 b) North to South: 18.00 C) Area in Sq.mtr 225.00 at BSK VI Stage, 6th Block.76100
Site No: 111 Dimensions in Meters a): East to West 24.00 b) North to South: 15.00 C) Area in Sq.mtr 360.00 at BSK VI Stage, 6th Block.( solo bidder , Bid rejected 37100)
Site No: 96 Dimensions in Meters a): East to West 24.00 b) North to South: 15.00 C) Area in Sq.mtr 360.00 at BSK VI Stage, 6th Block.45100
Site No: 103 Dimensions in Meters a): East to West 24.00 b) North to South: (14.00+12.50)/2 C) Area in Sq.mtr 318.00 at BSK VI Stage, 6th Block.37100 ( solo bidder, Bid rejected)
Site No: 33 Dimensions in Meters a) North to South: 8.00 b): East to West 12.00 C) Area in Sq.mtr 96.00 at BSK 6th Stage 6th Block.40150 ( solo bidder, Bid rejected)
Site No: 54 Dimensions in Meters a) North to South: (10.00+9.00)/2 b): East to West 12.00 C) Area in Sq.mtr 114.00 at BSK 6th Stage 6th Block.75650
Site No: 160 Dimensions in Meters a) North to South: 9.00 b): East to West 12.00 C) Area in Sq.mtr 108.00 at BSK 6th Stage 6th Block 40150- Solo bidder, Bid rejected
Site No: 189 Dimensions in Meters a) North to South: (16.0+13.50)/2 b): East to West 24.00 C) Area in Sq.mtr 354.00 at BSK 6th Stage 6th Block.63150
Site No: 392 Dimensions in Meters a) North to South: (7.00+8.50)/2 b): East to West 12.00 C) Area in Sq.mtr 93.00 at BSK 6th Stage 6th Block.84650
Site No: 1303 Dimensions in Meters a) North to South: 20.50 b): East to West 12.00 C) Area in Sq.mtr 246.00 at BSK 6th Stage 6th Block.117150
Site No: 1322 Dimensions in Meters a) North to South: 20.50 b): East to West 12.00 C) Area in Sq.mtr 246.00 at BSK 6th Stage 6th Block.81650
Site No: 1323 Dimensions in Meters a) North to South: 9.00 b): East to West 12.00 C) Area in Sq.mtr 108.00 at BSK 6th Stage 6th Block.67150
Site No: 1351 Dimensions in Meters a) North to South: 9.00 b): East to West 12.00 C) Area in Sq.mtr 108.00 at BSK 6th Stage 6th Block.61650
ite No: 1352 Dimensions in Meters a) North to South: 9.00 b): East to West 12.00 C) Area in Sq.mtr 108.00 at BSK 6th Stage 6th Block.59150
Site No: 1382 Dimensions in Meters a) North to South: 9.00 b): East to West 12.00 C) Area in Sq.mtr 108.00 at BSK 6th Stage 6th Block.56650
Site No: 1383 Dimensions in Meters a) North to South: 9.00 b): East to West 12.00 C) Area in Sq.mtr 108.00 at BSK 6th Stage 6th Block.67150
Site No: 1414 Dimensions in Meters a) North to South: 9.00 b): East to West 12.00 C) Area in Sq.mtr 108.00 at BSK 6th Stage 6th Block 70650
Let me know missing site
what was the base price and are these recent ones?
20-21, First and second notification,
Updated on request from Dev
Base price 36600
Site No: 01,04,87,115,195,196,( 261 – 277 ) ( 1303-1312) -6th stage 6th block
If possible only update BSK 6TH STAGE 7th BLOCK- (777-790), (201-232)!! BSK 6TH STAGE 8TH BLOCK- (108-125 ) BSK 6TH STAGE 9TH BLOCK- (1-32)(32A,744,745A,755,756) BSK 6TH STAGE 10TH BLOCK -(788-797) 797A to 797N,819,820 (921-970)
All of these are main road properties It would be very useful for the buyers looking for commercial purposes.. If possible please update all this Thank You uve done a great job
How to know if the bid was rejected? I see a couple of solo-bids in other areas.. curious to know if their bids were honoured or rejected.
There will be clear update against last bidder, Bid approved or rejected.
If you see such info, Please track so that it will benefit on which case bid accepted ( may be more the 5 %) or which case bid rejected ( may be less then 5%)
Thank you 😊
I have won the bid for site in JP Nagar 9th phase, paid 25% amount. Please let me know how to verify site dimensions. Should we request some govt officials who will in turn provide some official doc on measurement or get it done on our own?
Hi Giri,
I’m also looking out in JP Nagar 9th phase, just curious to know what was the winning bid price /sq mt of your site ?
Hi Rithya, price depends on site basis, if you have any specific site in mind, then the final bid price could be verified from the website itself along with winner of the bid.
Please inform future market price strategy in BSK 6th stage, 9th block Sites near to -Madina Masjid-E-Ahle-Sunn
Hello Subra Ji. I’m a very big fan of u. I’m fascinated by seeing your teamwork. I had got the highest bidder on September 4, 2018 In Banshankari Stage 6,Block 6. After seeing all the commentsI always wanted to know this from the date (4, September,2018) that how much prize is the highest bidding amount.I want to know where can I get the information or if u kindly provide it would be very helpful for people. They would also estimate the price other area such as 7Block is just opposite.. Kindly please give me Information
Thank you
Highest Bidding Amount for the total 6th stage 6th block sites for auction which is done on September 4th
Updated as main comments, Please let me know missing site.
It is easy to check, you need to go to Login, try auction management, search auction number and search auction. ( see old message)
BDA official have created WhatsApp group to facilitate registration for auction winners. If you missed invite please explore
Sir, As far as I know, there is no whatsAPP group made for auction winner
If any of you are having details about whatsAPP group, please inform
There is a whatsapp group created for auction winners. Just got to know today.
Sir, Please help me in adding in that group, If you know any of the person for BSK 6th stage site winner contact number who is in that group, please share
If you guys are going for a plot loan (No House Construction). which one would you think would be the best Bank to get Laon with good interest rates?
I would be interested to get the information too, please share.
Also, if taking a home loan within how many years should construction start?
For any loans, go with Nationalized banks. SBI has low interest rate compared to others. Visit nearest branch and check for your eligibility and TnC. All nationalized banks allow part payments (very important), you can keep on pushing extra amount to loan as and when required. Private banks put some conditions on part payment like only one time in a year with max of 1 lac or 2 times of EMI in year etc., Just check.
Home loan will be disbursed on an incremental basis based on your home construction status. I think, for home loan it is immediate. For composite loan (Plot + Construction) you get two year time to start construct.
As another option, you can opt for just plot loan and then convert to home loan when actual construction begin.
New auctions released. Crazy.
with so many plot for sale ( specially odd dimension) price might crash to base bid price.
Good for new investors and bad thing for people who already bought as prices are dropping.
Hopefully BDA puts a pause and don’t flood the market with so many sites in the BSK alone.
I was looking for resale plot from last one year in BSK 6 th stage, One thing which I observed was owners never use to disclose their site number and exact location openly. Owner never use to update their site pictures, exact location in magic bricks. They were acting like if they disclose the site numbers I will make duplicate papers. Why that fear is common across all the people. Why people don’t update all details in ad so that we can filter easily.
As per my observation auction price was lesser then asking pricing in Bsk 6 th stage.
Please share your views too
Ya true, I think they are scared of Agents more than buyers.. Yes, even I was planning to buy site in 6th stage. Had enquired price from couple of owners. In Auction got 400rs less per sqft and also corner site.
True.
Yes, as soon as we post ad in websites, we get most calls from agents, not so serious buyers and very few from genuine buyers. Most of the agents play a game, if you are a seller they quote less and if you are a buyer they quote more. If one agent receives update about your site, it spreads to their group and you end up waiting for better price as they give wrong info to direct or interested buyers. This may be one of the reason for ppl not disclosing too much in public platform. I have experienced it in Anjanapura, still no good buyers even it has good access. So left it. Also, very slow development in Anjanapura.
BSK 6 th stage , 3 rd block
Site No: 148 Dimensions in Meters a) East to West: 11.50 (b) North to South: (10.50+10.20)/2 (c) Area in Sq.mt 119.02 at BSK 6th Stage, 3rd Block. 99100
Site No: 149 Dimensions in Meters a) East to West: 18.00 (b) North to South: (11.50+11.00)/2 (c) Area in Sq.mt 202.50 at BSK 6th Stage, 3rd Block. 89100
Site No: 386 Dimensions in Meters a) East to West: 18.00 (b) North to South: 8.30 (c) Area in Sq.mt 149.40 at BSK 6th Stage, 3rd Block. 64100
Site No: 705 Dimensions in Meters a) East to West: (14.50+12.50)/2 (b) North to South: 24.00 (c) Area in Sq.mt 324.00 at BSK 6th Stage, 3rd Block.53600
Site No: 718 Dimensions in Meters a) East to West: (9.50+9.00)/2 (b) North to South: 24.00 (c) Area in Sq.mt 222.00 at BSK 6th Stage, 3rd Block. 88600
Site No: 719 Dimensions in Meters a) East to West: (9.30+9.00)/2 (b) North to South: 18.00 (c) Area in Sq.mt 164.70 at BSK 6th Stage, 3rd Block. 88600
Site No: 732 Dimensions in Meters a) East to West: (12.00+9.50)/2 (b) North to South: 18.00 (c) Area in Sq.mt 193.50 at BSK 6th Stage, 3rd Block.71100
Site No: 733 Dimensions in Meters a) East to West: 24.00 (b) North to South: (16.00+14.50)/2 (c) Area in Sq.mt 366.00 at BSK 6th Stage, 3rd Block. 48100
Site No: 748 Dimensions in Meters a) East to West: 24.00 (b) North to South: (17.50+15.00)/2 (c) Area in Sq.mt 390.00 at BSK 6th Stage, 3rd Block. 64600
Site No: 749 Dimensions in Meters a) East to West: 24.00 (b) North to South: (23.50+22.50)/2 (c) Area in Sq.mt 552.00 at BSK 6th Stage, 3rd Block. 46100
Site No: 760 Dimensions in Meters a) East to West: 24.00 (b) North to South: (13.00+11.70)/2 (c) Area in Sq.mt 296.40 at BSK 6th Stage, 3rd Block 63100
Site No: 761 Dimensions in Meters a) East to West: 18.00 (b) North to South: (11.00+10.50)/2 (c) Area in Sq.mt 193.50 at BSK 6th Stage, 3rd Block. 71100
Site No: 1003 Dimensions in Meters a) East to West: 10.00 (b) North to South: 12.00 (c) Area in Sq.mt 120.00 at BSK 6th Stage, 3rd Block.67100
Site No: 1201 Dimensions in Meters a) East to West: 9.00 (b) North to South: 6.00 (c) Area in Sq.mt 54.00 at BSK 6th Stage, 3rd Block. 77100
Site No: 1202 Dimensions in Meters a) East to West: 9.00 (b) North to South: 6.00 (c) Area in Sq.mt 54.00 at BSK 6th Stage, 3rd Block. 96100
Site No: 1251 Dimensions in Meters a) East to West: 4.00 (b) North to South: 9.00 (c) Area in Sq.mt 36.00 at BSK 6th Stage, 3rd Block. 50600
Site No: 1252 Dimensions in Meters a) East to West: 5.50 (b) North to South: 9.00 (c) Area in Sq.mt 49.50 at BSK 6th Stage, 3rd Block. 78100
Site No: 1277 Dimensions in Meters a) East to West: (5.50+5.00)/2 (b) North to South: 9.00 (c) Area in Sq.mt 47.25 at BSK 6th Stage, 3rd Block.82100
Site No: 1278 Dimensions in Meters a) East to West: 5.30 (b) North to South: 9.00 (c) Area in Sq.mt 47.70 at BSK 6th Stage, 3rd Block. 76100
Site No: 1290 Dimensions in Meters a) East to West: 5.00 (b) North to South: 9.00 (c) Area in Sq.mt 45.00 at BSK 6th Stage, 3rd Block. 67100
Site No: 1291 Dimensions in Meters a) East to West: (5.50+5.00)/2 (b) North to South: 9.00 (c) Area in Sq.mt 47.25 at BSK 6th Stage, 3rd Block. 64600
Site No: 1303 Dimensions in Meters a) East to West: (5.50+5.20)/2 (b) North to South: 9.00 (c) Area in Sq.mt 48.15 at BSK 6th Stage, 3rd Block. 81100
Site No: 1304 Dimensions in Meters a) East to West: 5.00 (b) North to South: 9.00 (c) Area in Sq.mt 45.00 at BSK 6th Stage, 3rd Block. 64100
Site No: 1316 Dimensions in Meters a) East to West: 5.50 (b) North to South: 9.00 (c) Area in Sq.mt 49.50 at BSK 6th Stage, 3rd Block. 62600
Site No: 1317 Dimensions in Meters a) East to West: 11.00 (b) North to South: 12.00 (c) Area in Sq.mt 132.00 at BSK 6th Stage, 3rd Block. 72100
Site No: 1324 Dimensions in Meters a) East to West: 10.50 (b) North to South: 12.00 (c) Area in Sq.mt 126.00 at BSK 6th Stage, 3rd Block. 88100
BSK 6 th stahe 3 rd block price
Site No: 148 Dimensions in Meters a) East to West: 11.50 (b) North to South: (10.50+10.20)/2 (c) Area in Sq.mt 119.02 at BSK 6th Stage, 3rd Block. 99100
Site No: 149 Dimensions in Meters a) East to West: 18.00 (b) North to South: (11.50+11.00)/2 (c) Area in Sq.mt 202.50 at BSK 6th Stage, 3rd Block. 89100
Site No: 386 Dimensions in Meters a) East to West: 18.00 (b) North to South: 8.30 (c) Area in Sq.mt 149.40 at BSK 6th Stage, 3rd Block. 64100
Site No: 705 Dimensions in Meters a) East to West: (14.50+12.50)/2 (b) North to South: 24.00 (c) Area in Sq.mt 324.00 at BSK 6th Stage, 3rd Block.53600
Site No: 718 Dimensions in Meters a) East to West: (9.50+9.00)/2 (b) North to South: 24.00 (c) Area in Sq.mt 222.00 at BSK 6th Stage, 3rd Block. 88600
Site No: 719 Dimensions in Meters a) East to West: (9.30+9.00)/2 (b) North to South: 18.00 (c) Area in Sq.mt 164.70 at BSK 6th Stage, 3rd Block. 88600
Site No: 732 Dimensions in Meters a) East to West: (12.00+9.50)/2 (b) North to South: 18.00 (c) Area in Sq.mt 193.50 at BSK 6th Stage, 3rd Block.71100
Site No: 733 Dimensions in Meters a) East to West: 24.00 (b) North to South: (16.00+14.50)/2 (c) Area in Sq.mt 366.00 at BSK 6th Stage, 3rd Block. 48100
Site No: 748 Dimensions in Meters a) East to West: 24.00 (b) North to South: (17.50+15.00)/2 (c) Area in Sq.mt 390.00 at BSK 6th Stage, 3rd Block. 64600
Site No: 749 Dimensions in Meters a) East to West: 24.00 (b) North to South: (23.50+22.50)/2 (c) Area in Sq.mt 552.00 at BSK 6th Stage, 3rd Block. 46100
Site No: 760 Dimensions in Meters a) East to West: 24.00 (b) North to South: (13.00+11.70)/2 (c) Area in Sq.mt 296.40 at BSK 6th Stage, 3rd Block 63100
Site No: 761 Dimensions in Meters a) East to West: 18.00 (b) North to South: (11.00+10.50)/2 (c) Area in Sq.mt 193.50 at BSK 6th Stage, 3rd Block. 71100
Site No: 1003 Dimensions in Meters a) East to West: 10.00 (b) North to South: 12.00 (c) Area in Sq.mt 120.00 at BSK 6th Stage, 3rd Block.67100
Site No: 1201 Dimensions in Meters a) East to West: 9.00 (b) North to South: 6.00 (c) Area in Sq.mt 54.00 at BSK 6th Stage, 3rd Block. 77100
Site No: 1202 Dimensions in Meters a) East to West: 9.00 (b) North to South: 6.00 (c) Area in Sq.mt 54.00 at BSK 6th Stage, 3rd Block. 96100
Site No: 1251 Dimensions in Meters a) East to West: 4.00 (b) North to South: 9.00 (c) Area in Sq.mt 36.00 at BSK 6th Stage, 3rd Block. 50600
Site No: 1252 Dimensions in Meters a) East to West: 5.50 (b) North to South: 9.00 (c) Area in Sq.mt 49.50 at BSK 6th Stage, 3rd Block. 78100
Site No: 1277 Dimensions in Meters a) East to West: (5.50+5.00)/2 (b) North to South: 9.00 (c) Area in Sq.mt 47.25 at BSK 6th Stage, 3rd Block.82100
Site No: 1278 Dimensions in Meters a) East to West: 5.30 (b) North to South: 9.00 (c) Area in Sq.mt 47.70 at BSK 6th Stage, 3rd Block. 76100
Site No: 1290 Dimensions in Meters a) East to West: 5.00 (b) North to South: 9.00 (c) Area in Sq.mt 45.00 at BSK 6th Stage, 3rd Block. 67100
Site No: 1291 Dimensions in Meters a) East to West: (5.50+5.00)/2 (b) North to South: 9.00 (c) Area in Sq.mt 47.25 at BSK 6th Stage, 3rd Block. 64600
Site No: 1303 Dimensions in Meters a) East to West: (5.50+5.20)/2 (b) North to South: 9.00 (c) Area in Sq.mt 48.15 at BSK 6th Stage, 3rd Block. 81100
Site No: 1304 Dimensions in Meters a) East to West: 5.00 (b) North to South: 9.00 (c) Area in Sq.mt 45.00 at BSK 6th Stage, 3rd Block. 64100
Site No: 1316 Dimensions in Meters a) East to West: 5.50 (b) North to South: 9.00 (c) Area in Sq.mt 49.50 at BSK 6th Stage, 3rd Block. 62600
Site No: 1317 Dimensions in Meters a) East to West: 11.00 (b) North to South: 12.00 (c) Area in Sq.mt 132.00 at BSK 6th Stage, 3rd Block. 72100
Site No: 1324 Dimensions in Meters a) East to West: 10.50 (b) North to South: 12.00 (c) Area in Sq.mt 126.00 at BSK 6th Stage, 3rd Block. 88100
1325 to 1605 is pending ….
BSK 6 Th stage , 7 th block
Huge variation in price due to thin participation. Paying EMD for multiple site will benefit to get lowest price site.
South east facing
Site No: 01 Dimensions in Meters a) East to West: 12.20 (b) North to South: (23.00+20.00)/2 C) Area in Sq.mtr 258.00 at Banashankari 6th stage ,7th Block 40400
Site No: 61 Dimensions in Meters a) East to West: 12.00 (b) North to South: (13.00+11.00)/2 C) Area in Sq.mtr 144.00 at Banashankari 6th stage ,7th Block 60900
Site No: 114 Dimensions in Meters a) East to West: 12.00 (b) North to South: (16.50+15.00)/2 C) Area in Sq.mtr 189.00 at Banashankari 6th stage ,7th Block.48900
No bids
Site No: 161 Dimensions in Meters a) East to West: 18.00 (b) North to South: (20.00+18.50)/2 C) Area in Sq.mtr 346.50 at Banashankari 6th stage ,7th Block.
South West facing
Site No: 60 Dimensions in Meters a) East to West: 12.00 (b) North to South: (9.00+9.50)/2 C) Area in Sq.mtr 111.00 at Banashankari 6th stage ,7th Block 64400
Site No: 113 Dimensions in Meters a) East to West: 12.00 (b) North to South: (13.00+13.50)/2 C) Area in Sq.mtr 159.00 at Banashankari 6th stage ,7th Block. 43900
Site No: 187 Dimensions in Meters a) East to West: 24.00 (b) North to South: (13.00+13.50)/2 C) Area in Sq.mtr 318.00 at Banashankari 6th stage ,7th Block.49900
North east facing
Site No: 30 Dimensions in Meters a) East to West: 12.00 (b) North to South: (28.00+20.00)/2 C) Area in Sq.mtr 288.00 at Banashankari 6th stage ,7th Block 47400
Site No: 87 Dimensions in Meters a) East to West: 12.00 (b) North to South: (24.00+16.50)/2 C) Area in Sq.mtr 243.00 at Banashankari 6th stage ,7th Block 49400
Site No: 137 Dimensions in Meters a) East to West: 12.00 (b) North to South: (18.00+10.00)/2 C) Area in Sq.mtr 168.00 at Banashankari 6th stage ,7th Block.58400
Site No: 176 Dimensions in Meters a) East to West: 18.00 (b) North to South: (13.00+6.00)/2 C) Area in Sq.mtr 171.00 at Banashankari 6th stage ,7th Block.46400
North west facing
Site No: 31 Dimensions in Meters a) East to West: 12.00 (b) North to South: (8.00+9.00)/2 C) Area in Sq.mtr 102.00 at Banashankari 6th stage ,7th Block 57400
Site No: 88 Dimensions in Meters a) East to West: 12.00 (b) North to South: (9.00+9.50)/2 C) Area in Sq.mtr 111.00 at Banashankari 6th stage ,7th Block. 70900
Site No: 138 Dimensions in Meters a) East to West: 12.00 (b) North to South: (10.50+11.00)/2 C) Area in Sq.mtr 129.00 at Banashankari 6th stage ,7th Block.65400
First Parallel to main road ( Very lucky bidders, Got at least 24L less then market price)
Site No: 997 Dimensions in Meters a) East to West: 12.00 b) North to South: 18.00 C) Area in Sq.mtr 216.00 at Banashankari 6th Stage 10th Block.40400
Site No: 1013 Dimensions in Meters a) East to West: 17.00 b) North to South: 18.00 C) Area in Sq.mtr 306.00 at Banashankari 6th Stage 10th Block.43900
Behind Kanaka Bhavan
Site No: 587 Dimensions in Meters a) East to West: (14.40+14.00)/2 (b) North to South: 12.00 C) Area in Sq.mtr 170.40 at BSK 6th Stage, 10th Block.54900
Site No: 618 Dimensions in Meters a) East to West: 9.20 (b) North to South: 12.00 C) Area in Sq.mtr 110.40 at BSK 6th Stage, 10th Block.46900
Site No: 620 Dimensions in Meters a) East to West: 9.20 (b) North to South: 12.00 C) Area in Sq.mtr 110.40 at BSK 6th Stage, 10th Block.59900
Site No: 635 Dimensions in Meters a) East to West: (7.50+8.50)/2 (b) North to South: 12.00 C) Area in Sq.mtr 96.00 at BSK 6th Stage, 10th Block.66400
Site No: 636 Dimensions in Meters a) East to West: (8.40+10.50)/2 (b) North to South: 9.00 C) Area in Sq.mtr 85.05 at BSK 6th Stage, 10th Block.47900
Site No: 658 Dimensions in Meters a) East to West: 5.30 (b) North to South: 9.00 C) Area in Sq.mtr 47.70 at BSK 6th Stage, 10th Block.51900
Site No: 668 Dimensions in Meters a) East to West: 12.00 (b) North to South: (11.20+11.40)/2 C) Area in Sq.mtr 135.60 at BSK 6th Stage, 10th Block.50400
Site No: 704 Dimensions in Meters a) East to West: 9.00 (b) North to South: (9.80+10.20)/2 C) Area in Sq.mtr 90.00 at BSK 6th Stage, 10th Block.46400
Site No: 737 Dimensions in Meters a) East to West: (9.00+9.70)/2 (b) North to South: 9.00 C) Area in Sq.mtr 84.15 at BSK 6th Stage, 10th Block.71900
Site No: 738 Dimensions in Meters a) East to West: (6.10+7.40)/2 (b) North to South: 9.00 C) Area in Sq.mtr 60.75 at BSK 6th Stage, 10th Block.66900
Site No: 725 Dimensions in Meters a) East to West: 6.50 (b) North to South: 9.00 C) Area in Sq.mtr 58.50 at BSK 6th Stage, 10th Block.65900
Site No: 750 Dimensions in Meters a) East to West: 6.80 (b) North to South: 9.00 C) Area in Sq.mtr 61.20 at BSK 6th Stage, 10th Block.56400
Site No: 771 Dimensions in Meters a) East to West: 6.00 (b) North to South: 9.20 C) Area in Sq.mtr 55.20 at BSK 6th Stage, 10th Block.66400
Site No: 772 Dimensions in Meters a) East to West: 10.00 (b) North to South: 12.20 C) Area in Sq.mtr 122.00 at BSK 6th Stage, 10th Block.44900
Site No: 685 Dimensions in Meters a) East to West: 9.00 b) North to South: 5.50 C) Area in Sq.mtr 49.50 at Banashankari 6th Stage 10th Block.64400
No bid recived
BDA/2020-21/AUCTION5501-1 site number 659
Hi Subra, This info is really nice and helpful. Thank you. Any info on next auction?
I don’t have difinate information, but likely in another 1-2 months depending on privious trends. By looking at BSK 6 th stage 10 th block price trends prices are likely to fall in next auction. Might get bigger plot for less then 5 K in 8 th block
it is announced today, you might have already seen the advertisement in Vijaya Karnataka
But in 7th stage, all sites are odd dimension..
7 th block site for best option those who wish to build house on BDA plot but for lesser price. ( odd dimension and no vastu plots)
BSK 6 th stage, 9 th block bid analysis.
Lesser the number near to main road- South and west facing ( Check actual in google map as sites not Cardinal Plots. looks like Vidisha plot
Site No: 61 Dimensions in Meters a) East to West: 13.00 (b) North to South: 18.00 C) Area in Sq.mtr 234.00 at BSK 6th Stage, 9th Block.44380
Site No: 80 Dimensions in Meters a) East to West: 12.00 (b) North to South: 18.00 C) Area in Sq.mtr 216.00 at BSK 6th Stage, 9th Block.44880
Site No: 179 Dimensions in Meters a) East to West: 12.00 (b) North to South: 18.00 C) Area in Sq.mtr 216.00 at BSK 6th Stage, 9th Block.44880
Main road- South and west facing ( Check actual in google map)
Site No: 139 Dimensions in Meters a) East to West: 11.75 (b) North to South: 18.00 C) Area in Sq.mtr 211.50 at BSK 6th Stage, 9th Block 42380
No Bidding received for near to nice road and chinmaya schools
Site near to -Madina Masjid-E-Ahle-Sunn
Site No: 893 Dimensions in Meters a) East to West: 9.00 (b) North to South: 6.00 C) Area in Sq.mtr 54.00 at BSK 6th Stage, 9th Block.52380
Site No: 870 Dimensions in Meters a) East to West: 12.00 (b) North to South: 9.00 C) Area in Sq.mtr 108.00 at BSK 6th Stage, 9th Block.36880 (Solo bidder)
Site No: 878 Dimensions in Meters a) East to West: 12.00 (b) North to South: 9.50 C) Area in Sq.mtr 114.00 at BSK 6th Stage, 9th Block. 36380 ( solo bidder)
Site No: 951 Dimensions in Meters a) East to West: 9.00 (b) North to South: (5.60+8.90)/2 C) Area in Sq.mtr 65.25 at BSK 6th Stage, 9th Block.48380
Site No: 1029 Dimensions in Meters a) East to West: 9.00 (b) North to South: 6.00 C) Area in Sq.mtr 54.00 at BSK 6th Stage, 9th Block.51880
Rest of site nea to Madina Masjid-E-Ahle-Sunn did not got any bidders
9 Th block has 3 big empty land parcels as per google map. Not sure what are those. if any big projects coming in that land parcel , Then 9 block can be big hit. Please update if you have any info on that land parcel.
Hi All
I don’t know if this has been discussed on this thread earlier. If yes, please point me to it and I will read there. Else, please read on..
What is the exact reason behind bids going 200% of base value. Because not all areas have market price at those rates.
I know it is BDA and corner site, but is that enough to give 35-50% premiums over prevailing market rates?
Some reasons, I could think of:
1. NRIs are buying plots and they have lot of money. This is an easy way to buy.
2. Corner sites in some cases (small sites – 20x30s) are more valuable than intermediate sites
3. It is BDA site – and I want to build my own home on this peacefully, without any hassle
4. Brokers participating and jacking up prices (so that this in turn increases market price for overall area)
5. Bidders have extra money on hands, so they are ok to shell out 5-10 lakhs extra since they have already bid a high value.
It will help to understand the reasons.
I would give 50% weightage to point 4, 30% to point 3 and 20% to point 2. Ability to get good air and ventilation (possible in corner sites) is definitely a positive, but involvement of real estate agents is the major reason for high prices as per my experience.
Ya agree with 4th point. In my bidding, someone came at 6.15 and increased 2500rs in one step..
A point 6 – Do you think BDA has some inner hand role to play?
Ideally, I think the list of registered bidders should be visible to other participants.
How can we be sure that for certain sites, some insider enters late and jacks up price?
Please share micro details of below steps if some one has experienced it. Like where you parked car. Which counter you went to canara bank ? Did they given challan on oral request or any forms need to be filled. Any process can skipped instead of personal visit. Example get soft copy and challan and email to BDA.
Steps as per advice letter
You are also requested to obtain the challan from Canara Bank, BDA Complex Branch, Kumara Park West, Bengaluru – 560020
(along with e-mail printout & DD or RTGS / NEFT details) and handover the challan to BDA, Accounts Section (B Block, 2nd Floor, Room No.312).
1. Take 2 photo copies of Advice Letter.
2. Transfer Money to Canara bank account, keep transaction reference number like RTGS reference number handy. Take 2 photo copies of the money transferred bank copy.
Its my opinion – It is better to have the bidder name on the RTGS bank copy as they can co-relate with the advice letter.
3. On both the advice letter copies, at the bottom write your Name, Amount, Bank Name, RTGS reference number and mobile number.
4. Prefer to go in Two wheeler as the parking is on the roadside and roads are very conjusted. If you go by Four wheeler you may end up parking it little far and walk for minimum 300 meters.
5. Try to go alone, Canara bank is very small and they can allow only 5 ~ 10 inside and rest have to stand outside which is also very small. Saturday today they were allowing us till 3:30pm and may be other week days also same hours of operation.
6. Inside the bank,in one counter they will take your two copies, verify the details and put a seal and ask you to give it in the next counter.
7. In the next counter, they will verify something and ask for the amount you RTGS for your verification. Then they will give print-out of Challan (original and carbon copy – old 90’s printer) and then they will ask you to give it to another counter.
8. In the 3rd and last counter, they will verify the details again and ask you to keep Orginal(top copy) and handover the another(bottom) copy to BDA office.
9. on an average it will take at least 5~10 minutes on each counter. Please make sure the Name. Amount and RTGS reference numbers are correct before leaving the bank.
10. You can just come out of the bank and walk around which is behind Canara bank only the BDA office.
11. Another Bidder who came their said that the BDA office clerk accepts the Challan only after 3pm, so plan your day accordingly. On the duplicate copy of the Challan write your name, address and phone number. This is very important, the name should be written clear as it is going to appear on your registration document.
Clerk will take your Challan copy and mark it as done. They said we will receive an email of the allotment letter and some other documents for registration(which i didn’t concentrate much to hear what documents they will send through email) and also they will post the same documents to the address we have written it on backside of the Challan copy. It hardly takes 5mins for this process.
Thanks for detailed information, Surely this will help me and lot of others when we visit bank/BDA tomorrow or Tuesday. Appreciate your time and effort on this. Thanks again
subra
Subra or anyone else need info … I am not in Bangalore … So is it compulsory to visit Canara bank within 3 days to collect challan and provide in Finance Dept or is it ok if I just transfer 25% and go after 3 days as well? If it is compulsory within 3 days then I need to make travel arrangements so …
Hi Vadi,
It is not mandatory for you to be present – anyone of your friends/relatives on your behalf can go and collect the Challan. This should be the easiest way.
Or else, since you are sure that you are making a payment – you can always connect with BDA helpdesk and then in turn to one of the officer who should be able to oblige and consider your request as they already got 25% deposit.
other option would be – there are some property care public services(through some websites like urban, adda, NobrokerHood) who charge between Rs 100 ~ 500 can do your job if you give them photo copy of your documents, You can check on this as well
Thank a lot MKS…
Will look into all these available options and choose the best feasible one…
Hello MKS, in the above points, you have mentioned:
“It is better to have the bidder name on the RTGS bank copy as they can co-relate with the advice letter.”
Here do you mean that small paper acknowledgement they give in bank after payment?
Also Advice letter copy and UTR number not enough is it?
Sir, Please share any information about BSK 6th stage 9th block bidding
Lesser the number near to main road- South and west facing ( Check actual in google map as sites not Cardinal Plots. looks like Vidisha plot
Site No: 61 Dimensions in Meters a) East to West: 13.00 (b) North to South: 18.00 C) Area in Sq.mtr 234.00 at BSK 6th Stage, 9th Block.44380
Site No: 80 Dimensions in Meters a) East to West: 12.00 (b) North to South: 18.00 C) Area in Sq.mtr 216.00 at BSK 6th Stage, 9th Block.44880
Site No: 179 Dimensions in Meters a) East to West: 12.00 (b) North to South: 18.00 C) Area in Sq.mtr 216.00 at BSK 6th Stage, 9th Block.44880
Main road- South and west facing ( Check actual in google map)
Site No: 139 Dimensions in Meters a) East to West: 11.75 (b) North to South: 18.00 C) Area in Sq.mtr 211.50 at BSK 6th Stage, 9th Block 42380
No Bidding recived for near to nice road and chinmaya schools
Site near to -Madina Masjid-E-Ahle-Sunn
Site No: 893 Dimensions in Meters a) East to West: 9.00 (b) North to South: 6.00 C) Area in Sq.mtr 54.00 at BSK 6th Stage, 9th Block.52380
Site No: 870 Dimensions in Meters a) East to West: 12.00 (b) North to South: 9.00 C) Area in Sq.mtr 108.00 at BSK 6th Stage, 9th Block.36880 (Solo bidder)
Site No: 878 Dimensions in Meters a) East to West: 12.00 (b) North to South: 9.50 C) Area in Sq.mtr 114.00 at BSK 6th Stage, 9th Block. 36380 ( solo bidder)
Site No: 951 Dimensions in Meters a) East to West: 9.00 (b) North to South: (5.60+8.90)/2 C) Area in Sq.mtr 65.25 at BSK 6th Stage, 9th Block.48380
Site No: 1029 Dimensions in Meters a) East to West: 9.00 (b) North to South: 6.00 C) Area in Sq.mtr 54.00 at BSK 6th Stage, 9th Block.51880
Rest of site nea to Madina Masjid-E-Ahle-Sunn did not got any bidders
Did u got ADVANCE LETTER from BDA, to pay 25 percent amount ?
Hi Lokesh,
Just now i received Advice Letter from BDA.
Thanks MKS even I recieved and done payment.😊
Just now got advice letter.
I have done price trend study for BSK 6 th stage , 2 Block, Behind petrol bunk, Near to forest. Hope this will help for future bidding or resale of auction site if any
Near to Village
Site No: 434/A East to West: (5.50+4.50)/2 b) North to South: 12.00 C) Area in Sq.mt 60.00 at Banashankari 6th stage 2nd block.69500
Site No: 433/A East to West: (6.80+5.50)/2 b) North to South: 12.00 C) Area in Sq.mt 73.80 at Banashankari 6th stage 2nd block.68000
North EAST Facing- Central Broader road- ( Primary entry North) -Lesser the site number near to village
Site No: 605 East to West: 9.00 (b) North to South: 12.00 C) Area in Sq.mtr 108.00 at BSK 6th stage ,2nd Block.77000
Site No: 621 East to West: 9.30 (b) North to South: 12.00 C) Area in Sq.mtr 111.60 at BSK 6th stage ,2nd Block.94000
Site No: 637 East to West: (8.80+9.50)/2 (b) North to South: 12.00 C) Area in Sq.mtr 109.80 at BSK 6th stage ,2nd Block.79000
South EAST Facing- Central Broader road- ( Primary entry South) -Lesser the site number near to village
Site No: 606 East to West: (9.30+9.00)/2 (b) North to South: 12.00 C) Area in Sq.mtr 109.80 at BSK 6th stage ,2nd Block.75000
Site No: 622 East to West: (9.00+9.30)/2 (b) North to South: 12.00 C) Area in Sq.mtr 109.80 at BSK 6th stage ,2nd Block.76000
Site No: 638 East to West: (9.00+9.50)/2 (b) North to South: 12.00 C) Area in Sq.mtr 111.00 at BSK 6th stage ,2nd Block.67000
North West Facing- Central Broader road- ( Primary entry North)- Lesser the site number near to village
Site No: 438 East to West: 8.70 b) North to South: 12.00 C) Area in Sq.mt 104.40 at Banashankari 6th stage 2nd block 70000
Site No: 449 East to West: (8.30+8.80)/2 b) North to South: 12.00 C) Area in Sq.mt 102.60 at Banashankari 6th stage 2nd block.73500
Site No: 467 East to West: (8.50+8.80)/2 b) North to South: 12.00 C) Area in Sq.mt 103.80 at Banashankari 6th stage 2nd block.77000
Site No: 487 East to West: (8.50+8.80)/2 (b) North to South: 12.00 C) Area in Sq.mtr 103.80 at BSK 6th stage ,2nd Block.82000
Soth West Facing- Central Broader road- ( Primary entry south)-Lesser the site number near to village
Site No: 448 East to West: 9.00 b) North to South: 12.00 C) Area in Sq.mt 108.00 at Banashankari 6th stage 2nd block.75500
Site No: 466 East to West: (8.50+8.80)/2 b) North to South: 12.00 C) Area in Sq.mt 103.80 at Banashankari 6th stage 2nd block.69500
Site No: 486 East to West: (8.40+8.80)/2 b) North to South: 12.00 C) Area in Sq.mt 103.20 at Banashankari 6th stage 2nd block.73500
Site No: 508 East to West: 8.80 (b) North to South: 12.00 C) Area in Sq.mtr 105.60 at BSK 6th stage ,2nd Block.72500
North EAST Facing- Internal road- ( Primary entry East)
Site No: 558 East to West: 12.00 (b) North to South: 9.50 C) Area in Sq.mtr 114.00 at BSK 6th stage ,2nd Block.94000
Site No: 546 East to West: 12.00 (b) North to South: 9.00 C) Area in Sq.mtr 108.00 at BSK 6th stage ,2nd Block.87000
Site No: 534 East to West: 12.00 (b) North to South: (8.00+8.50)/2 C) Area in Sq.mtr 99.00 at BSK 6th stage ,2nd Block. 77500
Internal road ( North-east facing, Primary entry East)
Site No: 534 East to West: 12.00 (b) North to South: (8.00+8.50)/2 C) Area in Sq.mtr 99.00 at BSK 6th stage ,2nd Block. 77500
Site No: 546 East to West: 12.00 (b) North to South: 9.00 C) Area in Sq.mtr 108.00 at BSK 6th stage ,2nd Block.87000
Site No: 558 East to West: 12.00 (b) North to South: 9.50 C) Area in Sq.mtr 114.00 at BSK 6th stage ,2nd Block.94000
Road hit site
Site No: 535 East to West: 12.00 (b) North to South: 8.50 C) Area in Sq.mtr 102.00 at BSK 6th stage ,2nd Block. 62000
Internal road ( North-west facing, Primary entry west)
Site No: 547 East to West: 12.00 (b) North to South: (8.70+9.50)/2 C) Area in Sq.mtr 109.20 at BSK 6th stage ,2nd Block.77500
Site No: 581 East to West: 11.50 (b) North to South: 9.00 C) Area in Sq.mtr 103.50 at BSK 6th stage ,2nd Block.79000
Internal road ( North west)-Primary entry – North
Site No: 614 East to West: 8.80 (b) North to South: 12.00 C) Area in Sq.mtr 105.60 at BSK 6th stage ,2nd Block.88000
Internal road (South West) – Primary entry -South
Site No: 629 East to West: 8.80 (b) North to South: 12.00 C) Area in Sq.mtr 105.60 at BSK 6th stage ,2nd Block.82500
Primary entry means entry with 30 Feet side, in 30*40 site in line with other designs
Dear Subra,
You are absolutely fantastic person, hats-off to your patience and the information you are sharing in this forum. It helped me to resolve many of my questions. Congratulations to all of you those who are the highest bidder. I am also one among you all who is the highest bidder for a site. Eagerly waiting for the confirmation from BDA if it gets through so that we can pay 25%.
Will we get selection or rejection info if we call BBMP office? I hope we will start getting email as well by evening…. But just a doubt whether we can call directly to know…
And Yea subra has been great help…
Hi all,
I have received my advice letter for the site 386(3rd block). Please check your registered email.
Post 25 percent payment we need to submit RTGS summary to BDA account department?
Sir, Please share any information about BSK 6th stage 9th block bidding
Congrats to winner. This is a good forum. Has anyone has inputs on BBMP Garbage unit near BSK 6th Stage 4th block? No operations as of now but will it be a problem once it is operational. Any insights?
BBMP Garbage unit or not , when people are in doubt ( Just like you or me) there will be price uncertainty. Some people are telling it will become yard for wholesale market. Don’t know is it true or rumors.
OK. Thank you Subra. Btw, I saw one bidder entry in similar name of yours for 508 plot but it went out of my budget. So left it.
I paid EMD amount for 7 sites by hand loans from brother and sister thinking at least one site I will be solo bidder, But that logic did not worked. Finally got one site for 77K ( site 467, second block, North west facing) which is little above other bidding price.
Probability game backfired badly.
That’s a good price..comes to 7000 per sq ft
Sorry incase if you missed 508 because of me, But even I did not got it.
No problem. But appreciate your plan.
Can we pay 25% auction amount from wife’s bank account who is not part bid of application. ( Can we include wife as joint applicant before registration)
Subra I have a doubt… How do we know we need to pay 25% before BDA Sends email.
I am more confused due to a sentence in BDA Notification which says if Letter is not received we need to calculate 25% of total amount ourself and remit to Canara bank within 3 working days…
Is there a place where I can check I have won or not?
Looks like we have wait for couple of days to eproc website to get it completed ( shows as finalized and approved). Till then there is no option you can search auction as bidding closed
BDA/2020-21/AUCTION5580
Site No: 448 Residential/Intermediate corner sites at Banashankari 6th stage 2nd block.
1
BharXXXX
Shree22
75500
H1
01/10/2020 18:07:31
With price you quoted above you are definite winner
You will get letter in 2 days, ( maximum Monday evening ) if not you have 2 option. 1 ) Pay to bank account directly by guessing amount ( read notification terms and condition ) 2 Go to BDA head office on Tuesday and get the advice letter ( hardcopy) and follow the steps.
Once we start getting letter we will update here. Till then all can relax
True Subra… Thanks a lot… Like I said earlier as well, You have been helping a lot by answering Queries … Will post here if I get any update… Since today is holiday like you said, we will get to know by Monday itself I think…Lets c
I think, for any joint registration, you will need include the joint applicant’s name in the specimen signature form you upload while paying EMD. It is not possible to include joint applicant after you win the bid.
Please throw some light.
Considering If you have won the bid today (Oct 1st 2020).
Tomorrow being Oct 2nd Gandhi Jayanthi
Saturday Oct 3rd working day may be half day(not sure about national banks)
Sunday Oct 4th is holiday.
What will be the timeline for submitting 25% of the auction amount.
When early we can expect the advice letter from BDA?
Is that we need to add Canara bank account in our personal bank account and then do RTGS/NEFT online? – what should be the remarks we should put – how do they know for which site who is paying money.
or
is it something we need to physically go to BDA Complex branch and make the payment?
Oct 3rd is a full working day for Banks as they take off on 2nd Saturdays.
Also as per my understanding, the time given is 3 working days. So your last day should be Tuesday. You can call/email BDA helpline to clarify.
Thank you Jaya Mam, other questions i could get answers from below comments.
is DSC compulsory for bidding ?
No Shakeel, its not compulsory.
Thanks MKS . . .
I was the highest bidder till end for Plot 448, Banashankari 6th Stage 2nd block. When Will I get to know if I am selected or not? Please help me…
Congrats Vadi, you will get a mail by tomorrow. If not, visit BDA office. Btw, what was the percentage increase from base price?
What price you paid ?
I got 467- 77 K ( North west facing) ,
Congrats but my personal opinion its not worth, sites are not even 30×40. Registration including 85lacs. That’s too much for present state.
I agree, it is mad rat race.
Yes, on average sites sold at 70% more than base price in BSK 6th stage 2nd block. Some sites sold at crazy price of 9000+. Highest was site 245 sold at 10K per sqft…
Hi vishnu,where to check ?
Under Auction Mgt, need to search for Closed_bids. Need to go and check every individual closed_bid. Took couple of hours to analyze.
Thanks vishnu , I will look in to it …
1. Keep handy with the Auction reference Number like BDA/2020-21/AUCTIONxxxx-1 for the site you are looking for details.
After you Log-in
2. Under Auction Management – click on Search Auctions
3. Put the Auction reference Number in the first text box
4. Select Department as BDA from the drop-down
5. Select Auction Status : “Bidding Closed”
6. you will get only one result and at the right most column click on the search icon/button – which will give full information on the bidding.
You can get this information for any site.
Site no 245 2nd block 60 X 40 last bid was 1,07,000 which is 2cr 31 Lakh and 12 thousand –> 9,630 per sq feet
Site no 614 2nd block 28 X 40 last bid was 88,000 which is 92 Lakh and 92 thousand –> 8,448 per sq feet
isn’t it crazy?
Thanks MKS, very nice steps shared.
Hi vishnu,
Kindly share the steps with elaborate because I’m unable to find.
After login we have to check ? Or how .
Kindly guide in this.
Regards,
Lokesh R
Got it pls ignore .
Please post summary of all site if you have already have.
Looks like 9th block site winning bid price was 44K which ie very decent price
WHat did you get it for please? I won 331, hence asking:)
Hi,
Can i remit from multiple bank accounts to pay the 25% amount?
Got to auction manamagement > My auction participation
Select auction you applied
Select on Action seach icon
select View EMD payment details
Status will shows money flow
1> VER_SUCCESSFUL- Money with BDA
2 > Refund Initited
3> Refund approved
4 > Refunded
No email notification as I observed
No Bidders for below site in BSK yesterday
Might be location issue.
Site No: 569/B Residential corner/intermediate sites BSK 6th Stage, 9th Block.
Site No: 562/C Residential corner/intermediate sites BSK 6th Stage, 9th Block
Site No: 604 Residential corner/intermediate sites BSK 6th Stage, 9th Block.
Site No: 905 Residential corner/intermediate sites BSK 6th Stage, 9th Block.
Site No: 906 Residential corner/intermediate sites BSK 6th Stage, 9th Block
Site No: 892 Residential corner/intermediate sites BSK 6th Stage, 9th Block.
Site No: 883 Residential corner/intermediate sites BSK 6th Stage, 9th Block.
Site No: 884 Residential corner/intermediate sites BSK 6th Stage, 9th Block
Might be due to dimension issue
Site No: 659 Residential corner/intermediate sites BSK 6th Stage, 10th Block
Site No: 669 Residential corner/intermediate sites BSK 6th Stage, 10th Block
If anyone has price info please post
`@Srikanth
1. Will we be getting any mail confirmation for EMD refund? IF yes where we will be getting it?
2. How long does it take to get the EMD refund?
Got to auction management > My auction participation
Select auction you applied
Select on Action search icon
select View EMD payment details
Status will shows money flow
1> VER_SUCCESSFUL- Money with BDA
2 > Refund Initiated
3> Refund approved
4 > Refunded
No email notification as I observed
Also as Srikanth pointed out below, future bidders may be vary of very late ‘special appearances’ around 5.30 pm on last day. 1-2 people will popup from no where and price will be pulled up, so we need to be mentally prepared to apply brake at right time.
But how that is possible, they need to join auction one day before right?
What I think is, they would have created profile within time and watching bidding screen by clicking ‘bid’ but not submitting any amount by closing window so that others won’t know about they being there. They will silently watch biddings of others and will start only in last hours. This is my thought as this is my first experience in biddings, experts can correct me.
very true
In my case two bidders were joined at 5.58 PM
Hi,
Had bidded for site in JP Nagar 9th Phase 7th block and emerged as highest. Final price is around 32% above base price. I feel like the price I need to pay is above 17% than market price (my perception about price in area). One interesting fact is more than 90% of sites in JP Ngar 9th Phase 2nd, 3rd and 4th block had no bids received (checked as per navigation suggested by Subra and ABS). Thanks for very useful and pin point inputs received from this amazing forum which helped me greatly during the process. Special Thanks to Sreekanth, Subra, ABS
Congrats dear Aravind!
My sincere thanks to everyone who is making this thread useful and informative!
Pranams!
This blog has become like a cook-book to know about BDA auctions. You just need to search for keywords to get answers as over the time we start getting same queries from new users.
Anyone got idea in case site is alloted to us.. is there possibilities to register the site in 2 names.. instead of single person..
Dear Ananda,
Are you referring to joint-registration?
Yes.i want to buy joining with my friend so I need info about it.. i participated but im not that lucky to get.. it went out of our budget..
Looks like new list updated for october.. any info about that..
Does Banashankari 6th stage has Cauvery/BWSSB water? I see some leagal hurdles to be cleared with forest dept. to get water to BSK 6th stage.. Is that true?
No cauvery water
I was trying for a site on Kambatalli main road – JP Nagar 8th Phase – near Royal county park, due to commercial potential of the sites it went for whooping 225% above the BDA base price. It was way out of my budget.
Site 1748-198sqm ~14.5k/sqft
Site 1749-198sqm `~14.3k/sqft
Site 1592-355sqm ~11.5k/sqft
Site 1761-335sqm ~11.75k/sqft
Site 1780-198sqm ~9.25k/sqft
Correction: Site 1780 is 220sqm
I was thinking due to Corona, Demonetization, GST reforms etc. etc. prices would be low, looks like that is not the case..
Correction: I did divide by 10 while converting to sqft, it should have been 10.764, the respective prices are 13.4k, 13.3k, 10.7k, 10.9k and 8.6k/sqft
If these price are real then I think its too much for the fact that this newly developed JP nagar and anjanapura are sandwiched between kanakpura road and BG road. Hence development is very slow and many small layout with small roads in between. It can never be commercial to extent of other BDA like Koramangala, HSR etc.,
had participated in the Banashankari 6th stage , 10 th block for Site num 587 , 170 sq mts.
base price was 38k , higest bid was around 55k .
Only 3 bidders including me . During last 15 mins those two real estate agents popped up from no where and dragged till 6:45 pm .
Any update on BSK winning auction price today ( 7th, 9 th, 10 Th block)
20% from base price for two in 2nd block and few in 10th block. Lucky ones, Anything more than 25% would be too much as my personal experience and opinion. There will few more auctions coming in, so plan accordingly. Don’t push.
had participated in the Banashankari 6th stage , 10 th block for Site num 587 , 170 sq mts.
base price was 38k , higest bid was around 55k .
Only 3 bidders including me . During last 15 mins those two real estate agents popped up from no where and dragged till 6:45 pm .
Thanks Sreekanth for the updates.One question, after how many days does the 4 Lakhs EMD refund happens? any one from your past bidding..
thanks
Dear Rajesh,
Should get your refund within 10 to 30 days max..
As suggested above by ‘Subra’, you can track the refund status :
Got to auction management > My auction participation
Select auction you applied
Select on Action search icon
select View EMD payment details
Status will shows money flow
1> VER_SUCCESSFUL- Money with BDA
2 > Refund Initiated
3> Refund approved
4 > Refunded
Thanks Sreekanth, this helps.
I am the highest bidder, with 80% increase in base price during bidding. I have not got any confirmation or letter, how do we know if I am allotted? is there any provisions to check if they have awarded. I tried using the eproc site, but no results displayed.
Congrats. If its completed yesterday, you should get a e-mail by this time. If not, pls visit BDA office and check. Btw, what is the layout name you participated?
Iam also facing the same issue please let me know if you have got it resolved
Hi Ram, did you got mail?
Hello Mr. Reddy,
In the recent concluded bid dated 28-9-2020, I was the only bidder with bid amount more than Rs..1000/- of the floor price. But my bid was rejected without assigning any reason.
Is it possible to take any action to get the bid accepted.
You were lucky but missed a good chance. BDA expects a decent % increase from base price. As we have seen in this blogs and articles, less than 5% bids from base price are rejected. No action can be taken, its all BDAs decision to select and reject.
Thank you sir.
Hi Sreekanth
I am bidding for multiple plots by paying EMD of 4 lakh each. If I get allotment for one plot, how much extra am I expected to pay for initial 25%?
(Bid amount minus 4 lakh) OR
(Bid amount minus 8 lakh) : 8 lakh because I have paid EMD for 2 plots.
Dear Sree,
I believe that Rs 4 lakhs for non-winning bid will be refunded and the other Rs 4 lakh will be adjusted towards the total value of that plot..
This is slightly problematic as I will have to take some short-term loan to pay the initial 25% for winning bid.
My liquid cash is caught up in the EMD for non-winning bids.
Hi ,i was the highest bidder but i dont know if i have won or not .i haven’t received any email or msg confirmation.Please suggest how to check the if site is allocated or not .
Dear Madhuri,
Kindly check if ‘My Auction bid status’ is showing as ‘selected’ in your e-proc account.
Sir, hats off for this great site and the pain you have gone through to put it together (with flow charts etc.). A small correction, I am not sure if “selected” means anything as I see that against a site for which I already received the EMD refund as well (was not allowed to bid at all, and as per a few posts here, was cancelled (BSK 6th stg., 4th B block))
Hi , I was trying for BDA online Auction. I need to upload contact details in a specifeid format. IS someone aware of the format.
Dear Kumar,
No specific format as such.
You can just upload your contact/address proof doc..
Dear Sreekanth, thank you very much for your valuable information. Its been very useful.
Is there any specific format of the document to be uploaded for the Contact number ?
Dear SHYLA,
No specific format as such.
You can just upload your contact/address proof doc..
thank you very much Sreekanth
I’m planning to apply for BSK 6th Stage. Can anyone let me know the average max bidding price in 2nd and 7th block so far from previous auctions? If its going to be above my budget then I will try some other area.
Even I was trying to bid for BSK 6th stage 2nd block. Do u have site preference, so that I can avoid them?
Hi Srikanth, I won the bid yesterday (28th September), however I haven’t got any confirmation email from BDA till now. Could you please let me know when can I expect confirmation email and let me know the step by step process from now?
Can you pls tell what was the percentage increase(atleast approx , no need to mention your exact) from your base price?
Dear Kiran,
On e-Procurement portal, search based on your Auction notification number and see if your bid has been ‘Selected’.
If yes, you may go ahead and pay the 25% balance, meanwhile you should be receiving an email from the BDA within 3 days.
In my personal opinion, you will be paying more for the auction sites which is not worth, it’s rare you are a solo bidder and even those bidding will not go through, in today’s bidding the auction price was 80% to 100% more than the upset price at SMV Layout. If people with hard earned money wants to buy a plot for self occupation, auction sites are not the right choice. Please plan your budget and do not overshoot during bidding, as you may not get returns immediately considering the current economy.
100% true
Not completely true, most of the plots go at market price. If you are looking for a plot in a very good location then definitely there will be lot of competition but for a plot in decent location, you will get it nearly at market price (~6.5 – 7k in SMV 1st Block)
well said. Bidding is fine but stretching one’s budget for the sake of just winning the bid might be foolhardy.
Hello all,
I am planning to bid for a site in JP Nagar 9th phase. when i click on bid button, the bid window is not complete. All the buttons and descriptions are truncated. Unable to understand what each button is for.. Please help me out. I have installed JRE 7.0 and tried on both IE and Mozilla with resolution set to 1024×768 as recommended by BDA.. Since i have less than 24 hours, please suggest me ASAP.
Thank you in advance.
Did you tried with IE 11 Version ?? Try someone else laptop whom you can trust.
Thank you Subra.. Yes i have tried with IE11 and Mozilla fire fox v47.
Has anyone got bid finalised letter from bda for 25th sep auctions?
In case if it help others, below is the list of plots in SMVL-Block 1 with final quote for Sept 25th 2020 auction.
site# Rate * area Total Price
1305 51080 * 252 = 1.28Cr [BDA/2020-21/AUCTION5266]
1327 56580 * 176.4 = 99.80L [BDA/2020-21/AUCTION5267]
1328 66580 * 176.4 = 1.17Cr [BDA/2020-21/AUCTION5268]
1345 65080 * 216 = 1.40Cr [BDA/2020-21/AUCTION5269]
1378 70800 * 216 = 1.51Cr [BDA/2020-21/AUCTION5270]
1379 58080 * 216 = 1.25Cr [BDA/2020-21/AUCTION5271]
1412 54580 * 213.3 = 1.16Cr [BDA/2020-21/AUCTION5272]
1413 53580 * 216 = 1.15Cr [BDA/2020-21/AUCTION5273]
1668 64080 * 225 = 1.44Cr [BDA/2020-21/AUCTION5274]
2233 52580 * 258.75 = 1.36Cr [BDA/2020-21/AUCTION5278]
2242 67580 * 212.4 = 1.43Cr [BDA/2020-21/AUCTION5279]
936 76580 * 106.2 = 81.32L [BDA/2020-21/AUCTION5284]
259 51580 * 108 = 55.70L [BDA/2020-21/AUCTION5287]
800 93580 * 120 = 1.12Cr [BDA/2020-21/AUCTION5292]
839 86080 * 81.6 = 70.24L [BDA/2020-21/AUCTION5294]
840 72580 * 93.6 = 67.93L [BDA/2020-21/AUCTION5297]
850 69580 * 92.4 = 64.29L [BDA/2020-21/AUCTION5299]
935 76080 * 73.8 = 56.14L [BDA/2020-21/AUCTION5300]
964 75080 * 67.8 = 50.90L [BDA/2020-21/AUCTION5302]
1001 51580 * 88.8 = 45.50L [BDA/2020-21/AUCTION5304]
1244 72580 * 125.4 = 91.01L [BDA/2020-21/AUCTION5308]
1271 84580 * 125.4 = 1.06Cr [BDA/2020-21/AUCTION5310]
589 71580 * 301.5 = 2.15Cr [BDA/2020-21/AUCTION5316]
820 60580 * 288 = 1.74Cr [BDA/2020-21/AUCTION5318]
829 87580 * 103.2 = 90.38L [BDA/2020-21/AUCTION5321]
1002 69580 * 216 = 1.50Cr [BDA/2020-21/AUCTION5324]
1284 69580 * 252 = 1.75Cr [BDA/2020-21/AUCTION5328]
When will they display Finalized list, with bid selected people for 25th sept ended bid…curious to see
@ABS, what steps (filter setting) did you follow to get the final quote?
@Dev, Go to Auction Management –> Search Auctions. Filter Bengaluru Development Authority with the status as Bidding Closed
Thanks so much ABS. I am unable to see final price if i do above filter steps. Please help us.
@VG, I think it works only if you have the account created and login using your credentials
Thank you for your reply! it worked!
Hi All, went through comments below and would like to get a clarification on ‘solo bidder’ case. As of now Iam solo bidder for the site we bidded. We are hearing some comments that solo bids wont be considered by BDA (irrespective of price quoted), any first hand information about some one getting site allotted as solo bidder in last auctions -Mar 20 -Aug 20? (thread has some discussions around solo bidding in earlier auction, but no clarity on winning). Yes, I understand that price is something we wont know, I have bidded now at market rate but worried about me being ‘solo bidder’. Any inputs will be appreciated.
Dear Aravind,
There are both instances where BDA has rejected ‘solo bids’ and ‘accepted’ solo bids.
So, kindly wait for the BDA to get back to you. Keep tracking the bid status on e-proc portal.
If your bid price is ‘acceptable’ to them then BDA may accept your bid.
Thanks Sree!
Aravind pls post the result of bid here 🙂 We will also get to know if Solo bid was selected or not….
Hi Aravind,
Can you please let us know if the solo bid was accepted by BDA, if yes how much more than base price did you bid for?
Hi Deepak,
No longer a solo bidder :-). Also bidding is not complete.
Hello Everyone,
Having issue with seeing the bid button/icon.
I have paid BDA Fee Rs 500, Rs 4Lk EMD and uploaded all documents. Submitted for BDA auction participation.
Have latest Java installed, cleared all cache, removed all history, cleaned the temp folder and did the control panel/ Java setup to enable/disable few options as guided and then set it as medium risk. Restarted the browser(IE11)
After doing all these steps, still i am not able to see Bid auction button. Please suggest if you have any other option so that i can start.
Feeling stupid to ask, trust you would have restarted the computer (not only IE). Also, pop us are enabled.
Yes Sir, did it. Spoke to helpdesk they asked me to install java older version 221 only to support the bid auction button.
I was not able to get it working on IE.
Install 32-bit version of Java. Even if your laptop is 64 bit, just install 32 bit version.
Install Firefox version 51 (32 bit) of Firefox.
Go to plugins and activate Java (TM)
Restart the browser and login. You should be able to see a pop-up as soon as you login. Select allow.
You will see the “Bid” button.
Very unfortunate that BDA’s site is a decade old and not so user friendly.
Hi, I am currently staying outside India and do I need to appear in person for the registration process??
If you bank account is NRO/NRI account you will not get EMD amount refund, You need to change it to Indian saving bank account. This is all for NRI investor or who returned from Abroad and in cooling period for conversion of account ( 6 months)
Having issues with uploading documents – says “Invalid file” even for uploading .docx or .doc or .jpeg or .pdf. Please advise if anyone have encountered this issue and overcome with it.
Thanks.
I cleared IE browsing history but still it did not work, then i tried with different browser where i could upload the documents.
Yes me also same facing same issue; not sure what’s wrong
I am getting error msg saying “Please wait for 10 seconds while the browser redirects you to eProcurement live action portal.. “ while selecting live auctions option in my login. Any one else is facing? How to check the live auctions? I have completed all details.
Yes getting same message and after 10 seconds, it redirects to Login page where you need to again Login and then we can see Auction status… Do not know why this new message and redirection…
Hi Vadi,
In the new login page i am getting Invalid userid & pwd
Thanks Vadi; it worked as per your instructions.
Hi all, When I tried to pay TDS online, it showing error message that the amount given by BDA is invalid, it’s 0.75 percentage, I even tried to increase and decrease the amount,but no use, did anyone else face same issue?
Hi Venkat,
When paying TDS online, what would be the “Date of Agreement/Booking” ? Would it be the bid end date ? OR would it be the date when we received the letter to pay 75% of the amount ?
Hi Sreekanth,
Would you have any news on 4th B Blk auction status. Thank you.
Hi Deepak, BDA has cancelled the auction for 4th b block and few other sites in hsr/jp nagar 9phase 7block, as per their website notification.
How to cancel the bid?.
How can we cancel the bid before the end date if we are not interested to buy the site. And also how can we get the EMD back
Hi,
I have done the bidding for bsk 6th stage 4th B Block, and I was the top bidder till yesterday.
But today I am seing that the auction was force closed.
The status shown as selected in eproc.karnataka.gov.in site.
Can anyone let me know whether I am qualified.
bsk 6th stage 4th B Block has problem, not it is not listed in Live auction, Either technical problem or they have take back notification. Site cannot be allotted unless followed proper process with timeline.
Looks like BDA has cancelled auction of all BSK 6th 4th B block sites. Any one contacted BDA officials?
Called Eproc helpdesk and they told auction cancelled for 4B block and EMD amount will be revived after 7 days once BDA confirms it.
Today I too called the BDA official listed in auction document. Got the feedback that the auction for complete BSK 6th stage 4th B block is cancelled. But not sure on reasons for cancellation. Who ever paid the EMD will get refund.
Waste of time and money. We could apply for other sites if they return the EMD quickly.
Yes, waste of time and money. Lost opportunity to apply for other site if they don’t refund quick
Received the refund yesterday for 4th B Block auction which was canceled.
Not all. 1-2 sites have been awarded already.
Most of them are rejected even with 30000 price quote. ( 50% above base price) . Not able to trace all auctions.
when I checked each auction notice, 10 to 12 site did not get any bids, another 10 site only base bid, only one 30*40 site got base price+50%, Looks like due to not so positive response they might have cancelled bid.
Where exactly you can see success or not and allotted or not? I am not able to see even with search using Auction notice number… There was some technical issue may be, it says bid submitted and auction status : Success, But it became like this on the day i submitted first amount
What is site number you applied ?? or Auction number ?
I login first, Then search for auction number and then search using auction number. It is little complex as it wont work most of the time.
site number was 750, and auction number was 5622
Sorry, Now we cannot see any 4B site in finalized site. There is banner message in BDA site that all site from 366 to 402 is cancelled.
You should ignore selected message under “my auction partipation” and Auction bid status, As even I can see my bid as selected as soon as I apply for any site
For site 750 all bids shows rejected
Sl No
Supplier Name
Bid Amount
Bidder Status
Bid Submission Time
Remarks
1
30660
BID_REJECTED
19/09/2020 13:34:56
Reviewer :Rejected Approver :Rejected
2
30160
BID_REJECTED
19/09/2020 08:08:20
Reviewer :Rejected Approver :Rejected
3
29660
BID_REJECTED
18/09/2020 19:20:00
Reviewer :Rejected Approver :Rejected
4
28660
BID_REJECTED
18/09/2020 17:07:13
Reviewer :Rejected Approver :Rejected
5
26160
BID_REJECTED
18/09/2020 15:48:47
Reviewer :Rejected Approver :Rejected You should ignore selected message under “my auction partipation” and Auction bid status, As even I can see my bid as selected as soon as I apply for any site
Sl No
Supplier Name
Bid Amount
Bidder Status
Bid Submission Time
Remarks
1
30660
BID_REJECTED
19/09/2020 13:34:56
Reviewer :Rejected Approver :Rejected
2
30160
BID_REJECTED
19/09/2020 08:08:20
Reviewer :Rejected Approver :Rejected
3
29660
BID_REJECTED
18/09/2020 19:20:00
Reviewer :Rejected Approver :Rejected
4
28660
BID_REJECTED
18/09/2020 17:07:13
Reviewer :Rejected Approver :Rejected
5
26160
BID_REJECTED
18/09/2020 15:48:47
Reviewer :Rejected Approver :Rejected
Otherwise also Subra how to check these status of previous bid in JULY ? for finalised one’s … like the one u posted Accepted/Rejected and Bid amounts
As per my observation Microsoft edge is faster then IE11 except problem with bid button.
I use Microsoft edge for all search activities.
Any search first we need to login with our ID.
If search result is huge you may not get result and not error too. which will lead to confusion. ( timeout without error message)
Don’t click search button for second time if result get delayed. It might send duplicate search request and get error message.
Try to get less result with more filters.
I use below method to search old auction
Auction reference number : BDA/2020-21 ( This will limit the result count to lesser number)
Department : Bangaluru development Authority ( Drop down)
Auction status : Finalized Or No Bid received ( No bid received is not for live auction)
Auction Tile : BSK or Banashankari ( One at a time )as some site listed as BSK some site listed as Banashankari
Then click in search button, Don’t click again if you don’t get result. Try after 5 minutes.
If you are lucky you get 100 lines results. ( looks like only 100 site got finalized till now for BSK in 2020 )
Once you see results for each line there is action at right had side which will have all information. ( Search icon and & PDF icon) . Click in search icon under action column
What is the market price for these sites? 3000 psqft or more than that
isn’t all sites are 40X60?
Sir, can you please help how to check which sites got the bids and how many. I followed Auction Management -> Search Auction Notice -> . But I am unable to view the information for bids on each site. Thanks !
Unless auction is closed you cannot find the price except person who paid 4L EMD amount. It is very tricky situation. once you paid 4L it is locked for one month even if current bid is very high.
For all closed auction you can see the price for using filter finalized in search auction. There is no easy method.
even if you pay 4L you can see bid price of only one site for which you have paid, to see price of all site you need to pay 4L for each site for live auction.
Thank you for the reply Sir !
Also, I see on the thread that BDA rejects auctions if there is only one bidder or if the highest bid is <5% of the reserve price. Is this the norm for all sites ? Or have there been instance where they have accepted bids when there is either a solo bidder or the final bid has been at the base price.
It is very frustrating having the funds locked if there is a possibility if we might not get the site even after being the final bidder !!
Well, not just one month. I’ve been waiting for my refund since Aug 13th. I participated in Aug e-auction in Anjanapura. I’m the solo bidder and it was rejected from BDA side. It’s been 40 days, EMD amount status says refund approved. I still didn’t receive the refund! Send multiple emails and try to contact over phone but no luck yet.
Where to check Refund approved ? wanted to see my refund status for 4B block site
Subra I got refund Yesterday around 4pm evening… Check your bank account once… Also any idea is Arkavathy Layout good one to give a try Subra? And thank you so much, I followed what you suggested and Able to see previous bid rates… You have been a great help here for many…. Thanks Subra again 🙂
I have studied only BSK site as I live nearby. No idea on Arkavathy layout.
Thanks for feedback
I am yet to get refund for 4B block. If I get before weekend it will helpfull
Hi Subra, what may be the average final bid price we can expect in bsk 6th stage 2nd and 3rd block?
Hi Vadi, were you able to see previous bid final rates, you mean base value or final bid price? Please clarify.
Yes, Mks I was able to, after following what subra has mentioned in this thread
Is your account is NRO/NRI account ? May be you have visit BDA office and meet PRD department to resolve issue quick if others already got payment .
What was the Auction Notice Number
It’s auto ‘selected’. You can ignore the status. Even if there’s a single bidder, status changs to ‘selected’ upon bid closing/cancel time. Usually there will be a review and bid will be approved/rejected based on the final decision from BDA.
Since 6th stage, 4th block auction is cancelled, you should expect a refund of your EMD.
Can bidding be closed 10 days before closing day? I am seeing nothing under Live auction which i was following. The status says closed. Yesterday night it was live. Or is it any bug?
Basically none of the Banashankari 6th stage , 4th B Block Auctions are getting listed for me, which started from September 15th… Anyone facing same? I saw it yesterday night, but today it is coming bidding closed …
yes, Shows as bidding closed for me too. Looks like problem with Banashankari 6th stage , 4th B Block. Let us wait and watch.
Sure Subra. Thanks for confirming. The technical guy really doesn not seem to be giving proper answer. For any questions, only answer is install JAVA 8 and use Internet Explorer. If we call other BDA Numbers either wont pick or always busy…
Atleast now u confirmed same for u…. Let us see when will they correct… 🙂
I too participated in the 4th B Block bid and the site I applied to has been awarded to someone else today noon. The successful bidder was not even in the reckoning. I am surprised as to how to they have awarded before close date which is 3rd? How did this person get awarded? Is there an issue with B Block sites, why is the whole lot removed?
Hi All,
Any one has thoughts on the Price in J.P nagar 9th Phase 7th Block. I feel BDA base price is too much
Looks like auction – BDA/2020-21/AUCTION5159 is won by solo bidder, So we have option win the solo bidding too as long as you quote righ price above start price
Could you find us the property name and details. If you know the winning price that would be great
Hi Mr. Sreekanth,
I have uploaded all BID documents online.
Is there a specific format for contact details to upload?
I don’t find such format on EPROC website.
Address Proof, Signature and Photo Identity need to be attested by Gazetted officer if i stay in bangalore?
Notary is enough which is easier then Gazetted officer, Notary you can get near any registration office
Address Proof, Signature and Photo Identity and contact details pages need to be attested by Notary . Any idea how much they charge?
Need help in further biding process.
For 6 page they charge 200 in total.
May be 30 INR for page
Not able to make EMD amount payment through netbanking. It is getting failed
Hi Sreekanth,
Are two bidders mandatory for a successful participation? In MUDA, they had clearly mentioned two bidders are mandatory but in BDA T&C, its not mentioned.
got answer from previous comments
I am interested in participating in next auction .In order to know the pricing trend in current auctions , can I register, pay EMD, Upload documents and not submit a price bid ? . Or it is mandatory to offer minimum price once we confirm participation in bidding ?
By paying 4 L you can see only one ( Selected to pay) site price trend on live auction. You cannot see all site price trend on live auction. But I heard post closing auction you can see price of any site. ( I still not clear how to check that with exact steps)
To know the price trend, Login to e proc, Search for auction notice number , One you have auction notice number( example – BDA/2020-21/AUCTION4812) , you can search for auctions and see the old selected bid price.
Got one doubt in Bid Page:
In Bid Amount Enter Page, There is a Box where we can Enter, There is a dropdown which has numbers 1,2,3,… upto 8 and a Plus ‘+’ button.
I am totally new.
How should I submit bid? Why ‘+’ button is there?
Why is the dropdown present with numbers 1 to 8
Also I am thinking my bid amount I can fill in the provided box.
Sreekanth and others who have experience please help me with this Query
it is only for auto filling of price, When you select 4, It will increase bid price for 500*4=2000+ Old bid price..
If you select 10, it will increase your bid price to 500*10=5000+ old bid price.
Other then auto filling box it don’t have any other use
Oh thank you so much for this information subra. I would have mistakenly done something by choosing 10.
So If I do not want auto fill, no need to touch dropdown and Plus button?
In that empty box I need to fill say Bid base amount is 38000, should I fill complete amount say, 40000 in box and click bid or it should be 500, 1000 manually fill and choose 1….10 any number and click + button and then click bid is it?
Still little confused 🙁
Manually fill the price increment of 500 and submit bid, you can do it again & again even if you are solo bidder. When you play around you will come to know about it.
Thanks Subra…Finally I was able to do… Your inputs really helped…
Thank you dear Subra for resolving the queries..
How much time it will take to get confirmation for EMD payment? I paid and status shows as Initiated and help-desk says its under process.
Dear Sri,
You may just try paying again, it may get validated automatically.
You may also check with your banker on this, if the payment went through..
Thank you Srikanth. Try paying again mean, just go till payment gateway and exit? I used debit card mode and bank also confirmed that amount is debited successfully but helpdesk say its not credited at their end.
Dear Sri,
Yes.
Some of the bidders had faced this issue earlier..
“As suggested by other blog readers (bidders) here, you may try paying the fee/EMD amount again, it looks like the system will then update your payment and verify your bank details.. If the problem persists, you may kindly contact the BDA.”
You can also check the comments posted by ‘chetan jagathap’ ..plz scroll down through the comments
Thank you Srikanth.
It got auto-resolved. thank you Sreekanth.
Hello,
I just paid 4 lakhs and uploaded documents and clicked submit for interest in participation.
Later when i go to My Auction Participation page, It shows
Auction Bid Status: Selected
Time Left for Bid Submission: –Bid Submitted–
and I do not know where to bid. After paying EMD and submitting interest of participation, why is it showing as Bid selected. Please help me am I looking at right page to bid
Hi All, I got it. I went to Live Auctions and saw Bid button.
There should be bid button left hand side of same line, if it is not visible then it is your browser issue, use IE 11 to see bid box
Hi All,
Can someone please share current running price for BSK 6th Stage, 2nd Block plots?
Regards,
Sneha
Current asking price from owner might be 7 to 7.5 K for North & east facing depends on location. Not very sure. Heard from some people.
There are many house for sale in 3rd block ( 20*30), Looks like buy plot, Build house and sell trend is over for at least short time.
Hi Sreekanth,
If i want to do a joint registration along with my sister who is married and I’m not . Is it possible ? Please reply
Regards,
Shruthi
Dear Shruthi,
As per the BDA Auction Terms & Conditions, only un-married daughters are eligible for joint-registration.
Suggest you to cross-check once with the BDA and proceed.
Hi,
I’m getting this error at the time of log in.
“One or more bank account details are not verified by you, request you to kindly verify”
Do anyone know how to fix it?
Dear Ilyas,
As suggested by other blog readers (bidders) here, you may try paying the fee/EMD amount again, it looks like the system will then update your payment and verify your bank details.. If the problem persists, you may kindly contact the BDA.
Thanks.Highly informative.Please indicate the price levels at each layout
Dear VARGHESE,
I have recently relocated from KA to AP, hence do not have first-hand info on the current prevailing market rates.
You may visit the realty portals like magicbricks, 99acres etc and can get some rough idea on the going rates…
Hello Sreekanth,
Thanks for your clean explanation.
However I got 2 clarifications, does the 25% initial payment include already paid 4lakh EMD? Or do we have to exclude that 4 lakh and pay full 25% of total bid price?
Does bank give loan for only 75% of the total bid price?
Dear Parimala,
1 – Yes, it includes..
2 – Generally banks offer 60 to 80% of property value as loan, you may kindly check with your banker..
Can solo bidder win auction if reserved price is met ? ( for example base price is 46K, And if solo bidder bid for 46+5%. can he get site or there should be 2 bidder minimum.
Looks like BDA is getting ready for next notification. Many non notified corner site are getting cleaned. Better not to bid for high price as market might drop due increase in supply if BDA is going to sell all available site.
Dear Subra,
Base price + reserve price may or may not be applicable to all sites.
I have noticed BDA rejecting some bids even if this criteria is met.
So, advisable to bid (even if solo) with base price + some minimum reserve price and leave the decision to the BDA..
Thanks
Hi Sreekanth,
I was trying to find if anyone got the acceptance with base price + 5% in case of solo bidder, I could not find 🙁 Would you have the site number and location which is recently approved by BDA with the criteria – solo bidder with base price + 5%
I have been not been able to view the bid button in spite of having all requirements as specified. Is anyone else facing a similar issue.
Have you tried test button ?
Please try with internet explorer. ( In run command) if you have type internet explorer and use light blue color e . ( which will be IE Version 11) . Task bar e symbol is Microsoft edge.
Planning to apply for site, BSK 6 th stage, Block 2, Near to forest. Any expected price for south and west facing site. Don’t want to block my 4 L EMD money if price is already running over roof, Will try some other block instead. Any suggestion
It was 6500 yesterday for one of the site in 2nd block, may reach more by last date
Hi Sreekanth,
Need your inputs; I see in bidding site, the following statement.
“All the bidders are requested to ensure that they are using Class 3 DSC (Digital Signature Certificate) with valid expiry end date. Bidders whose DSC is already expired or due for expiry should renew their DSC before participating in any Tender/Auction.”
Do we need to digitally sign all the uploading documents ?
Dear Padmanabha Reddy,
No, its not mandatory..
thank you Sreekanth for quick response !!
Looks like we need to update only notarized scanned document, It never mentioned that you need have ” Digital Signature Certificate” Looks like Digital Signature Certificate only for bidding.
Thank you Subra for quick response
Check these links ragarding to further extension of banashankari 6th Block , 4th B Block.
* The Hindu Article
banashankari 6th Block , 4th B Block. and 4T block are same as per old name.
* Wikimapia link
Dear Srikanth, Thank you so much for this extremely informative site and your clear responses to all questions posted by various readers.
I have been trying to place a bid on one of the plots but I do not get the Bid button at all. I have tried all steps mentioned in the trouble shooting guide but to no avail. The steps mention Java 1.7 but the link provided says that Java 1.7 cannot be downloaded (so i downloaded Java 1.8 and installed – not sure if the issues is caused due to this). Any idea how I should go about it?
Try with internet Explorer.. Chrome and some Mozilla versions ..Bid button doesn’t appear.
Thank you Ravi Kant.
Srikanth Reddy Garu, Whether somebody can help us regarding suceessful auction price in previous biddings so that we can assess the premium trends.
Dear Venkateswaran,
I think one can get the ‘bidding price’ details based on the Site(s) auction notice number and selecting auction status as ‘Closed’ on E-Proc portal..
Has anyone received allotment and NOC letters from BDA by post? Please confirm, Bank people are asking for the loan application processing
I still not received deposit refund for the auction closed on 13th August. Does anyone have contact person number in BDA finance department?
I still not received my refund! Anyone else face similar issue? 30 days time to refund the EMD is over. I sent email, no response and tried to reach someone in BDA office but not been successful.
HI Sreekanth,
Would need your suggestion on
A) Is arkavathy layout is litigation free now?
B)From where can i get photo identity and specimen Signature format?
C)From where can i get contact details specimen format?
Please help.
Thanks
Abhishek
Dear Abhishek,
1 – I believe that the sites which are in auction can be out of the litigation.
2 – Its available in the BDA website (e-mailed it to you)
3 – You can upload you contact address (proof) document itself.
Arkavathy layout addition is great news.
Was looking for somewhere in Jaqur and proximity to airport and future tech parks.
Suggestion r welcome.
Does anybody know why base price for bsk 6th stage, 4th B block extension is low compared to other blocks? I noticed approach road from kanakpura road/mantri courtyard and also from 4th block/rv college is narrow… Any other issues with this place?
Heard some part of 4th b extension is in litigation with forest land similar to arkavathy layout.
Check properly that full area b4r bidding.
Great info.. Very helpful.
i assumed something odd as the price look too good to be true.
Better to check with locals rather loseing 4 lacs .
One major issue is noticed.
Applicable to only those who are looking for perfect vastu.
Its not only in BSK 6th stage 4th block but subsequent blocks also has same issue.
Most of the plot is not facing the proper directions. all of them are NE/NW/SE and SW. Minor direction variations are acceptable and practical.
But here, if you observe the map and visit the plot its clear in both.
If the plan says North, then on ground it will be either NE or NW.
Note:
Applicable to only those who looks strict vastu.
No intention of discouraging any buyers. As a middle class person , i know what it takes to buy a plot and before buying knowing everything is btr than being surprised later.
Yes most of BSK 6 stage are not as per perfect Vaastu. Better to see in google instead of depends on published information. Resell is tough if vastu is not perfect. Investor better be carefull.
Thank you for the info.
Seems these plots are still in gray areas. Research from your end also fully before buying , sharing information is based on my research as even i was interested prior researching this area .( Block T and Block 4 B were found to be same based on my research ).
If you find anything wrong / missing in my research , please let me know too.
Check these links out .
* The Hindu Article
Did bda provide Geo tagged pdf like the previous auction?
I dont see any till now, When I called contact person in notification he told it will updated EOD ( Yesterday). But I still cannot see any. If anyone has more update please share
Thanks. Right now BDA has provided the geo map for plots..
Geotagged is not uploaded it is in headlines which keeps moving. Pl click on that.
Thanks, I was expecting as PDF like last time, Thanks for pointing to banner information. It is working fine. Better then PDF version
Hi
Pls update anyone have got allotment letter for the auctions ended 12 aug 2020
Can someone shed some light on registration charges or other expenses other then the site value.
Latest E auction notification release, Do anyone know last auction price for BSK6 stage sites, can we have telegram channel ( like WhatsApp) to discus only about price ? ) I have created one, Let us join to discus only price
Telelgram Public Channel link >>t.me/bsk6stag
From what i know, it varied from 4500 psft to 8000 psft in bsk 6th stage 1st block, depending on the facing, site dimension and proximity to 80 ft road. Smaller dimensions, NE facing saw many participants. 4th block, near RV architecture college, prices were less. You can search in eprocs portal for finalized bids.
Thanks Venkat for reply
How do we join this group?
Hi anybody can update how many days BDA will give time for registration ? after clearing 75 of the balance amount. What is the registration cost.
Dear Mr Murthy,
Generally within 30 days. You can also request for a specific date and get the appointment for the Registration.
Hi Sreekanth,
In case of joint registration (in my case its 2 persons, me + my father), how does the TDS payment works? Is it OK if one of the buyer pays the total TDS amount ?
Thanks in advance.
Dear Shiva,
As per the court judgement order :
Where immovable property is sold for more than Rs. 50 lakh by a resident then the buyer of the immovable property is required to deduct income-tax or TDS @ 1% on the consideration u/s 194-IA of the Income Tax Act, 1961.
However, if the property is purchased by two or more buyers and the individuals share is less than Rs. 50 lakh then as per this judgment there is no need to deduct income-tax or TDS on purchase of immovable property u/s 194-IA.
Online statement cum challan Form/ Form 26QB is to be filled in by each buyer for unique buyer-seller combination for respective share. E.g. in case of one buyer and two sellers, two forms have to be filled in and for two buyers and two seller, four forms have to be filled in for respective property shares.
PLease reply anyone got allotment copy from BDA
I did not get letter (auction ended on 12th August, For Anjanapura 2nd Block).. We called BDA office , as BDA office was closed for sanitization last week due to 2 corona cases ..probably allotment is going to take some more time ..this was informed by operator. Please share your number to my email “[email protected]” ..we can be in touch for this process ..we are unnecessarily spamming here 😃
No I am waiting for allotment copy.
No I did not get, will it come through post or email
Hi
Pls update anyone have got allotment letter for the auctions ended 12 aug 2020
HI Sreekanth,
Should we pay the TDS before we pay the 75% of the money or is that after the 75% of the money is paid to BDA?
For example, lets consider my case
E-Auction Advice letter received on: 13-Jul-2020
25% Paid on: 14-Jul-2020
Confirmation Letter received on: 27-Jul-2020
My 45 days clock is still valid. I attempted to pay the TDS by filling the Form 26QB today. However, there is section where we need to specify the “Date of Payment’ and ‘Date of Tax Deduction’. Apparently, they should match each other and it can’t be a future date. In our case, we’re yet to pay the remaining 75%.
So, should we be paying TDS once the 75% of the payment is credited? Please clarify.
Regards
Suma
Dear Suma,
As when and when you pay (lump sum or installments) you can deduct 0.75% of total value or each installment and can deposit it to the Govt.
Suma,
Please share us the date on when you received the no-objection certificate.
Regards,
Chandan V
Are anyone tried to get loan for 75% from any bank. Kindly reply someone should be beneficial
Hi Maqsood,
I went to SBI branch nearby ..they are ready to give loan ..need allotment letter from BDA , only then process will start.
Also got call from HDFC bank ..BDA migjt have shared our number with them .
ohh nice HDFC housing finance loan are giving at 7.35%(Men) rate of interest and if woman as co applicant @7.30% plot loans. for housing loan @6.9% How about SBI. if there are less % of interest we can go with lesser one
Sbi guy did not clearly told us about exact interest rate .but it will be around 7.5-7.9 % ..I have read some reviews ..pvt lenders like HDFC says less ROI in starting ..but after some time suddenly ROI and other charges increases drastically… in case of PSBs ..there are no hidden charges ..choice is urs .. I am opting for SBI
SBI do not have a plot loan, they give housing loan only
They have Plot loan, its called “Sbi Realty loan”, for us also sbi manager said no ..then we told him, its govt allotment, then he was ready to process application ..as interest rate is morefor sbi ..so I am not taking it.
Did anyone got the post from bda??
Hi Sreekanth,
How much more time it will take for registration of property once bid is selected/25 % amount paid and challan submitted to BDA acounts department. ? Thanks
Dear Ravi.. i think within 30 to 60 days..
Thanks Sreekanth
Hi Sreekanth, what documents do we need to collect from BDA for Loan purpose or let’s say, later if we want to sell in future to some one else, any points would be very helpful
Dear Ravi,
The letter of confirmation/NoC which is sent to you by Post is more than enough to get a loan from a Bank (provided the applicant is eligible).
Once, you get the property registered in your name from the BDA, you need to get ‘Khatha’ registered in your name.
Related article :
* Checklist of Important Property Documents in India | Legal Checklist for Property Purchase
Thank you so much, this is very useful
Thanks for valuable info Mr Sreekant. For 75% loan on bda purchase site which bank is giving for lesser interest can anyone suggest
IDBI starts fron 6.9% based on eligibility
Axis Bank is giving at 7.4 %
Dear Maqsood,
Advisable to take Loan from banks/NBFCs that link loans to RLLR.
Related article : What is Repo Linked Lending Rate (RLLR)? Will it be beneficial to the Borrowers? | Definition, components & review
thank you sreekanth you are sharing useful information. god bless you dear
Hi Sreekanth,
Do we need to hire lawyer for registration process ? Or BDA will help us in preparing legal documents ? Thanks
Dear Ravi,
BDA staff suggested us to take DRAFT copies from a Photocopy shop near the BDA office. We took the draft copies and enclosed the required documents (ID proof etc) and submitted them @SRO on the Registration Day.
I did not take any help from Agent or lawyer. So, it is up to you to consult a civil lawyer. But, its always good to take an expert’s help as huge sums of money is involved in these transactions..
Okay Thanks Sreekanth
Dear srikanth,
I was the top bidder and bid at 17:55:45 sec and at about just 14 sec to close a person bid over me and suddenly my screen showed “no live bidding”. I couldn’t bid aver that again.
How is this possible… I have even mailed this issue bda
some issue with the site..
Happened with me too. when that happens, I immediately signed out and signed in, then was able to see the bid screen again.
Dear Dev,
Did BDA respond to your grievance?
Hi srikanth,
I din’t get any reply . I think I have to go and meet personally.
Is this auction procedure transparent…
Hi Sreekanth,
Do you have any information about how to pay TDS for purchased property in income tax website. The TDS amount is 0.75 % of the property value.
After entering all the information and entering the correct amount also. I am getting incorrect amount error.
Hey Srinath,
How did you find out the PAN of the BDA which is required to pay TDS ? Did BDA send the information through Speed post/email where they provide details to pay remaining 75% of the bid amount ?
Dear Srinath,
Its 1% right??
The Finance Act 2013 had provided that purchaser of an immovable property (other than agricultural land) worth over Rs 50 lakh is required to pay withholding tax at the rate of 1%.
Hi Sreekanth
the TDS is 0.75% of the total purchase value if the purchase value is more then 50 lakh. With effect from 14-05-2020 TDS rate for purchase of site/flat or auction of site above Rs.50.00 lakh has been revised from 1% to 0.75%.
Yeah.. In fact, I had written an article on TDS rates but forgot 🙂
Thank you!
Purchase value more then 50 lakh. Is 50 lakh inclusive of registration cost OR excluding registration cost and is it just the site value ?
Dear Chandan,
1% is Site value (excluding registration and other charges).
Who should pay TDS : Buyer of the property
When it should be paid : Before registering the property.
Hi Sreekanth,
Who becomes the actual buyer in case of joint registration? And who must pay TDS, is IT returns necessary for paying TDS or is just PAN sufficient?
Purchase value does not include the registration charges. Registration is also a type of tax what we are paying to the government.
Hi srinath,
How did you overcome from this issue. ? . I’m also facing the same issue.
Yes, I was able to resolve this issue and paid tax today. The total tax amount will be usually xx678.2 but in the BDA letter it will be xx678. So you need to enter the full amount xx678.2 instead of xx678. After this I was able to proceed to the next page and paid TDS.
Hi Srinath
For me also it is showing in correct amount. Did you got any resolution ?
Yes, I was able to resolve this issue and paid tax today. The total tax amount will be usually xx678.2 but in the BDA letter it will be xx678. So you need to enter the full amount xx678.2 instead of xx678. After this I was able to proceed to the next page and paid TDS.
Hi sir ,
I was the highest bidder but still did not receive any mail
They were two bidders and 4 times the bidding had done
As only 72 hours left to proceed so please let us know how to verify it and how to contact any BDA person to proceed further
Dear Chethan,
On e-Procurement portal, search based on your Auction notification number and see if your bid has been ‘Selected’.
If yes, you may go ahead and pay the 25% balance, meanwhile you should be receiving an email from the BDA within 3 days.
Auction Management > Search Auction Notice > Type Auction Notice #
Select : Status as bidding closed
Under dept, select BDA and hit search.
Hi Shreekanth. Very useful write-up. Comments section has also good discussion which is helping out us having similar doubts.
I have been following your blog since sometime and frankly it’s precise and very informative.
Keep up the good work.
Regards.
Thank you dear Dr Gourishankar. Keep visiting ReLakhs!
Dear Sreekanth,
My Auction bit status is showing as selected. So AM elgible to pay 25% amount deducting 4 lakhs am i correct?. Can i do neft of 25% to bda account from any account or it should be done from my account only
yes,you can pay
Dear Sreekanth,
I bidded till final i was on TOP and suddenly that delta time closed. Display Reserve price message met is still no. how can i know site alloted to me
You are looking at wrong display,Its not accurate,Whats the auction notice number?
Auction Notice number 5241
ur top bidder,u shd get email by 1-2 days,u can do neft and take the reference number to canara bank and obtain challan and hand it over to bda
How you came to know I am top bidder? I am confused
I participated in bidding today and there were no other participants for a site that I was bidding. I increased my offer by 10.5%. Still, the site was not allotted to me with a message, Reserve price not met. I feel BDA should let us know what the reserve price is so that I can reach the reserve price. The process is still not transparent.
Dear Chandan,
Agree with you that BDA should publicly indicate the expected Reserve price (Base price + Reserve price).
What does the status for the said property show on eproc portal?
Status is listed as bidding closed.
Display Reserve Price Met or Not Message? : NO
look here,seach auction notice number ,bidding finalized.It will be accepted status ,put auction start date to june 2020 and end date to 12 aug 2020,All the best
Any idea if more sites are coming up for auction ?
Dear Chandan,
We can surely expect some more auction notifications from the BDA this year.
Hi Chandan, Please let me know where did you receive this message that reserve price not met, even I was a single bidder. I did not get any message. How will I know if site is allotted.
Auction Management > Search Auction Notice > Type Auction Notice #
Select : Status as bidding closed
Under dept, select BDA and hit search.
Open the listing
Display Reserve Price Met or Not Message should say Yes
Please post your observation here. I’m trying to figure out what the reserve price is.
chandan,can you share your site number,I think u have won the bid,ur looking at wrong direction.
AUCTION5234
chandan,I think you shd expect a email by 1-2 days,you shd be lucky,All the best .
I think, the message is same for everybody …my bidding price is 20 % more, still it shows “no” ..I check 1 more auction where bid price is almost double still same message .. just wait for bid selected or rejected status ..then only you will get to know.
Thanks for the info. This is re-assuring. I will wait for one more day and will post an update.
Same story. I was the only participant and I received email today stating bid is rejected and refund will be issued. From I understood by going through all finalized bids, only NE corner site and sites on the 80 ft road had many participants. BDA probably expects every site to go 1.5x and 2x times of base price even during the covid times.
Were you the only bidder. What was your increase in percentage from base value. ?
Yes. Just 1%. My understanding was that base price = reserved price. Since no other bidders at the closing time I didn’t increase the price! Anyway I could have gone up to another 5% max as I bid in anjayanapura 5th block and south facing site.
They should either increase the base price and make that as reserve price or keep the existing base price as reserve price. Bidders can take informed decision. Better luck next time.
Very well said. I don’t know why they wanted to make such confusion. Also they should increase the visibility of all site price before EMD payment.
Will you please able to tell me what price BSK 6 stage site gone ? residential not 80 feet facing
Which block and site number
True. People can take an informed decision. If you have the auction number of other sites, you can search for the finalized value.
Please read the terms and conditions once. I think bid will be rejected if it has less than 2 members
Hi Sreekanth,
Thanks for the info, really well written blog and is quite useful for newbies.
I have a query regarding the payment of 25% amount. It was asked that successful bidders has to do NEFT or RTGS to prescribed account of BDA. However, for normal users there is a limit for NEFT or RTGS transactions of 10 Lakhs per day/per transaction. I believe most of the banks has this limit. So, if there is a situation that this amount being more than 10 Lakhs, is it OK to do NEFT/RTGS as two separate transactions or separate days (before deadline) and providing multiple receipts? Or should it be a single transaction?
Thanks in advance.
Multiple transactions are fine as long as you take the pdf/print out of the individual transaction with details and the total of all the transaction is within the 25% of the bid amount. I have the same situation doing NEFT transaction with limits. Just get the print out of the transactions and advice letter and submit the same to canara bank in bda office complex to get the challan. Then submit the challan to BDA.
Hi Sam, they have accepted multiple transaction receipts and got the challan from Canara bank. Thanks.
Hi, there will be no limit if you do RTGS offline i.e by visiting the bank.
If you do online, RTGS is capped at 10lakh/day.
you can also go ahead and do multiple transactions and send them the statement of the transfer
Hi Sreekanth, I received advice letter today for 25% payment from BDA, it also mentios that I need to submit the challan from Canarabak in BDA office max by Thursday, is this correct? Or do we have more time to submit challan personally?
Dear Ravi,
Congrats on winning the Bid!
Advisable to stick to the mentioned time-line.
Thank you Sreekanth, your insights are very helpful for anyone looking for BDA auction process, A big thank you
You are most welcome dear Ravi.. Keep visiting ReLakhs!
I was the last person to do the bidding for one site today. When will i get the confirmation mail from BDA
you shd get it in 1-2 days max
After getting confirmation email from BDA.. then only 72 hours counting will start right.? Or it will start right from today
It starts from the end time of bidding u shd be ready to finish the payment by 3 working days,in ur case monday ,but better pay by friday
So from any bank I can do neft and get the reference number. from this reference number I will go to canara bank to get the challan. that challan need to be produce to BDA. my question is if pay neft from other bank to bda.. how will canara bank will give challan
dont worry abt that,They have a ref number which they match up and give you challan
you can do neft/rtgs from any bank but make sure it is in your name i.e successful bidder of the plot.
Get the challan and submit it to BDA
Hi Sreekanth,
My query is for MUDA (Mysore Urban development authority) and the process could be similar to that of BDA, Can you please help me knowing,
My case: I am an NRI currently outside India and unable to travel until Jan 2021 due to my current country restrictions
Questions:
1) if the bid is successful for me, after paying 25% what documents will i receive through email that can be used to apply for loan from banks to get the remaining 75% payment to be made to MUDA?
2) after 75% payment within 45 days, can i decide when can i get the registration done?
Thanks
Dear Pammy,
1 – BDA issues a ‘confirmation and NoC’ letter, based on that Banks do offer loans (if borrower is eligible).
2 – You can request. But, its always advisable to get it done ASAP.
Should the highest bidder wait for an email to pay the 25% amount or it should be done regardless.
Dear Manjunath,
If your status of your ‘bid’ is ‘selected’ (can be checked @ Procurement portal), then you can pay 25% amount (or) can visit the BDA office about the non-receipt of email..
where can we see the status of bid in procurement portal
Dear Sreekanth,
Thanks for your valuable reply. Pan card,Passport copy, and Bda site measurement copy got attested. Does contact Details also should be attested..?
Dear Maqsood,
Not required..
But, you need to get photo signature document attested as well..
Thank You Brother
Sreekanth, is there a way to know the FINAL close prices of the sites. I am interested in the HSR layout site prices. Could you guide please
Dear Ratnakar,
The e-procurement used to have ‘bid amount’ details for the respective sites. I am not very sure if the site has these details now.
But, as this is an open e-auction process, I strongly believe that Sites with bid price details can be obtained through RTI (bidders’ details, I am not sure though).
Go to “search auction” section and put the auction number, you can see the final/all bidding detail there.
There is no way you can see the closed price for which you were not part of.
you can visit the e-auction department of BDA and request them to show the details. If they are kind enough/in good mood, they will let you look into the list where highest bid for each plot is mentioned.
I personally did it by visiting them offline.
Dear Pradeep,
Earlier, anyone who has access to e-proc portal can view the ‘selected’ auction prices for respective Sites.
I am not very sure about the current set-up.
Few readers here have opined that one can access the details on e-proc based on auction notice number and few search options.
Yes, one can try getting these details @ BDA office or through RTI I guess..
Hi Sreekanth,
Do we know how long would it take to change the status and receive confirmation email from BDA to pay for 25% of Bid value if I had won the bid ? I was the last person to end the bid. But I am not sure if I won the bid or not. I don’t see the bid status update either in eproc site.
Do update here ..about Bid selection letter from bda …when did they send you letter once bid was over and how much time they gave ? ..it was 72 hrs from last bid time pr 72 hrs from the time you recieved the letter. Thanks
Dear Sam,
Has the status been updated? Did you receive the email confirmation from the BDA?
My status is not yet updated. Nor received the advice letter or confirmation of Bid result. Since it’s a weekend and a bank holiday, I don’t expect much activity in BDA. Finger crossed on Monday.
Finally received the advice letter in the email to pay 25% of the bid amount. @Sreekanth, is the registration & stamp duty part also done online or should it be done in person ? Heard that registration also went online recently. Not sure if thats true.
Dear SAM,
Glad to know that you have won the bid and received the letter from the BDA.
Stamp duy / Reg fee have to be paid to the Sub-Registrar and not the BDA.
Booking an appointment and documentation etc can be done online and not the registration, I guess, as authorized representative from the BDA and yourself need to present in person at the SRO (next to BDA office) for signatures.
I was only single bidder in Banashankari 6th stage 1st block bid only 500 above base price..how can I know in website I got this site… Will it get cancel..some are telling this site are bufferzone so no bidders
Site number and measurement?. You will get a email from BDA accepted/rejected with details for next steps.
Dear Chandan,
Is this site been ‘selected’ by the BDA?
You can check in e-procurement portal against this site’s notification.
Also, you should be getting an email if they accept your bid.
Do update here ..about Bid selection letter from bda …when did they send you letter once bid was over and how much time they gave ? ..it was 72 hrs from last bid time pr 72 hrs from the time you recieved the letter. Thanks
Dear Ravi kant,
If the e-procurement site shows your bid as accepted and selected, you may wait for 1 or 2 days and can pay 25% of amount if you wish.
Or once you get the email confirmation, you can immediately pay the 25% amount.
Last date for expressing interest in participation for sites sl.no 76 to 127 as per bda advertisement ..kindly tell anybody will I be able to bid ..help desk no of eproc.karnataka.gov.in doesn’t work ..
Hi,
As today was last day for registration before bidding .. during registration process auction documents could not get uploaded (eproc.karnataka.gov.in website was not responding moreover these IE11 browser seemed so slow) may be due to huge network traffic in last hours of registration..
My query is I have paid application fees of 500 rs and EMD of 4lakhs but documents could not get uploaded and so registration couldn’t be completed and time also over ..so will I be able to bid next day in auction.? Please help.
Dear Rakesh,
Did you try uploading the documents? Are you able to bid?
When is the final auction day?
Dear sreekanth,
I really tried uploading of documents.
No I could not bid as registration didn’t get completed.(even though I made emd payment)
6th August till 4PM was last day & time for expression of interest in participation of auction accordingly from 1 PM of 6th August i got everything ready and started doing payment in eproc website even though I registered user ID before.
As i started doing payment eproc website seemed too slow and not responded as it should be. Even small ok and continue was taking more time you’ll not believe i could actually count 1 to 50 for every selection on mouse so much time eproc website was taking (may be network issue).
Though some how I paid auction fees, EMD amount, agreed to conditions and declaration by this time it was already 2.15 PM then.
Then came document upload part where it scared me by asking contact details format which it says it should be in specific format as given in eproc website. From where it came scared me because from advertisement of BDA only pan card, photo identity & signature and aadhar card for address proof all attested by notary was only asked which i got them ready.
In that tense moment from where shall I get contact details attested i thought and somehow my father managed to get voter id of mine attested by doctor from near by govt. hospital by 3.15 pm.
Even after selecting all files from laptop, eproc website did not respond in time and didn’t get continued to final page. Eproc website remained irresponsive and I felt really bad and upset as simple document upload could not happen and time got over by 4PM. Eproc website maintenance people should be held responsible (even mobile network) and they should do something about it because of this i could not register.
I Don’t know when again BDA will call for auction which will suit my budget & locality.
Helpdesk nos are of no use. I emailed them about this problem and reply came from them as everything ok. Finally I learnt these eproc website is too slow in response and moreover internet explorer is also slower and we should register well before last date & time. (I got to know about BDA eauction on 4th aug only and did finalization of sites on 5th and document preparation & money arrangement by 6th afternoon 12 PM.)
Dear Rakesh,
Sad to know that you couldnt participate in e-auction.
You may try participating in the next auction..
Hi Sir I paid EMD amount for one site.. Now I am able to see bid option. I dont see any of them bid for this site. So am the only person who shown interest. will that site get alloted to me?
Dear Maqsood,
If there are any more bidders, you may see the bids even on the last day of the e-auction, if no one bids then you may be the ‘solo’ bidder.
But without bidding many people might have participated by paying 4 lakha and as this will not show how many participants if they won’t bid
Dear Maqsood,
Its advisable to bid for minimum incremental value on the last day of the auction.
Hi Sreekanth- Thanks for taking so many queries.. I also have similar question. what should be the ideal incremental value for bid price over base price if i am a solo bidder and to make sure BDA wont cancel my bid
Please correct me if I’m wrong. if the initial bid price is 39000 per sqmtr, so ppl will start bidding on sqmtr or on actual value of site ?
Dear Raghav,
May I know what do you mean by ‘actual value of site’??
I was actually referring bidding for the whole site instead of per sq meter. I figured it out. One more thing for documentation, they are asking for communication details docs, what is this?
Dear Raghav,
You may just upload your address id proof (Contact or communication).
Now that BDA has kept different date fo a group of sites from 8th to 12 Th aug, how can we participate in each day, with same 4 lakhs Asia deposit amount? Once I express interest on first day of action, if I won’t bid,then can I go to next day participation?
the EMD 4 lakhs is specific to a particular site. you can not bid for multiple sites with the same EMD.
If the bidder is only one for a particular site. What must be bidding price percentage % more then the base price to get allotment
Dear Ramesh,
There are no hard and fast rules regarding this!
Can you win it in base price with no participation by others? Will bda give away the plot at base price? Is single bidder a eligible scenario?
Dear Surya,
The BDA has all the rights to accepts/reject any bid, even if there are multiple bids for a site.
If there is a sole bidder, looks like, its advisable to bid for base price + 5% of base price. But, this does not ensure that bid goes through.
Hi Sreekanth,
I have submitted my bidding, It is showing only one my name in biding and how to view list of bidders in my live auction. is this technical issue?
Or Nobidders??. Please update the information….budding date is near.
Dear Dr Murthy,
If there are no bids even on the final day then you are the ‘solo’ bidder for that property.
If so, on the final day of the auction, you may put-in some bid price (higher than the initial base price) and wait for the confirmation from the BDA.
Hi Sreekanth,
For the plot I have paid EMD amount, the latest bid amount is already beyond my budget.
So, I do not want to bid. Is it mandatory that I should bid atleast once to be able to get the EMD refund?
Thanks in advance!!
Dear Jyothi ,
No, its not mandatory.
If you are not the highest bidder then BDA will refund the EMD amount within couple of weeks.
Thankyou. Is the refund applicable even if I have not placed the bid at all, even once?
Hi Sreekanth,
I have shortlisted the plot and i have also done the payment for the shortlisted plot. Once i enter into the bidding area, i see the bid amount is way high from my budget. Can i exit at anytime or do we have to wait for the final bid day and the return will kick start only after the bid close?
Dear Suresh,
You need to wait till the bidding process gets completed.
If you are not the highest bidder then BDA will refund the EMD amount within couple of weeks.
Hi Sreekanth, fantastic blog.
could you please share the following formats?
1. PHOTO IDENTITY & SPECIMEN SIGNATURE FORMAT (Attested by the gazetted officer / notary- Indian citiz
2. PHOTO IDENTITY & SPECIMEN SIGNATURE FORMAT (Attested by the gazetted officer / notary- Indian citiz
sorry, there was a mistake in the previous post. I need the following formats.
1. CONTACT DETAILS FORMAT
2. PHOTO IDENTITY & SPECIMEN SIGNATURE FORMAT (Attested by the gazetted officer / notary- Indian citiz
Dear Srinivas,
1 – Can upload address proof document itself.
2 – Sent to you by email, kindly check..
Dear Sreekanth, thanks for the prompt reply. Is it mandatory to get photo identity and signature form attested by the gazetted officer/notary?
Yes, I believe it is mandatory!
Hi Srikanth .. Thank you for your valuable inputs. Can you please advise whether we can withdraw PF amount for purchasing a plot in eauction and how much can be withdrawn. I am searching for an answer on this but i haven’t got a convincing answer yet. so please help.
Dear Pradeep,
Yes, I believe it is allowed.
kindly go through below points ;
Purchase of House/Flat through a Society / Housing Agency : If withdrawal application is through a Society then minimum years is 3 years. ( through a registered society or houses/flats being constructed through forming a society.) – Section 68 BD. In this case, 90% of EPF balance is payable as an Advance.
Purchase of House/Flat directly from a Builder : In this case, the Membership service criteria to withdraw is still considered as 5 years only. – they will refer to Section 68B.
For purchase of site directly from builder :
24 month’s basic wages and DA.
For purchase of house/flat/construction:
36 month’s basic wages and DA
OR
Total of employee and employer share with interest
OR
Total cost.
Whichever is least will be allowed as withdrawal.
For more information, you may kindly go through my article on EPF partial withdrawal @ EPF Partial Withdrawals / Advances : Details, Rules & Guidelines
Hi Sir,
Could you please clarify these points.
1. If we are highest bidder, do we need to wait for status as “bid selected” for depositing 25% of bid value ? Or once auction time is over we can assume bid selected and deposit 25% amount without BDA’ s letter for bid selection ?
2. How do we deposit this 25 % money ? how do we get challan of remitence if we are doing online transaction ?
Thanks in Advance
Dear Ravi,
1 – Wait to see ‘bid selected’ on e-procurement portal. Also, BDA generally sends email regarding the ‘winning bid’.
Once you pay 25%, you will get ‘confirmation letter’ from the BDA, post which you ca pay the remaining 75%..
Thanks SreeKanth.. doing good job
Thank you for the valuable information sir. Kindly let me know whether husband and wife can apply for the e-auction site jointly and IT benefits will be available for both if Home loan is availed jointly.
Dear Gururaja,
Yes, jointly can be applied and yes, tax benefits (land + house loan) can also be availed.
Related article : Income Tax Deductions List FY 2020-21 | New Vs Old Tax Regime AY 2021-22
Hi Sreekanth,
The portal says, all bidders should have class 3 digital signed certificate.
** How can I obtain DSC for bidding?
** Is there any site that you suggest to procure this online?
** Also, which certificate type should be chosen – Encryption/Signature/Both?
Thanks in advance
Dear Jyothi,
Its not mandatory to have digital signature for participating in BDA E-auction.
Will i be needing the class 3 DSC in case if I win the bid? Thank you.
No.
Hi ALL,
Any one facing issue payment gateway issue & payment will deduct in account but not reflecting in BDA portal.
Hi Sreekanth,
I had payed auction processing fee 500 rs and deducted in account but in BDA portal it’s showing that initiated.
Why ?
Regards,
Lokesh R
Dear Lokesh,
You may wait for 1 or 2 days (or) Kindly check with your banker..
I had already verify with banker, let wait for next 1 to 2 days and check.
Hi Lokesh,
How long did it take for this issue to get sorted?
I have the same issue with EMD payment, amount deducted from bank account, but eproc portal shows status as initiated.
Regards,
Jyothi
I do have same issue – eproc portal shows status as initiated
Hi Jyothi,
Sorry for late reply
It’s an portal issue, just try to repay the amount later on it wil show as paid.
Regards,
Lokesh R
Can I partipate for more than one site. If yes can it be done with single registration? Am I to remit multiple emd?
Dear Bhavya,
You can pay the required fee and EMD per site and can bid for multiple Sites. (EMD is 4 lakhs per site)
Thank you for this prompt clarification. Can i use the same login to apply for multiple sites(paying separate EMD for each site).
Dear Bhavya ..I believe you can ..
Hi Sreekanth,
I have submitted my bidding, It is showing only one my name in biding and how to view list of bidders in my live auction.
It depends when others plan to participate,
Hi Sreekanth: I participated in BDA auction and won the auction for a site. I paid 25% also. However, I haven’t received allotment letter yet. When can I expect to get the allotment letter. I think only after allotment letter (Form-1) I have to pay the 75% correct?
PS: Thanks for your detailed blogs.
Dear Vinodh,
When did you pay 25% ?
BDA will issue the confirmation letter afterwhich you can pay 75%.
Hi Sreekanth
Thanks for the quick reply. I paid 25% two weeks ago. Is “confirmation letter” same as allotment letter?
Also when will I get allotment letter? Before or after I pay 75%?
The blog is already very good. But if you can add more details between 25% and 75% steps, then it would be great.
Thanks,
Vinodh
Dear Vinodh,
I believe its referred to as ‘confirmation of bid’ letter.
One can get mortgage loan on this from a lender.
After paying 75% and getting the property registered, you will get ‘Possession letter’.
I have provided important details in the infograph..
You will get NOC and Allotment letter,I am not sure when will be registration date if at all 75% is made as per 45 days mentioned in allotment letter.
Hi Vinodh,
Could you please tell how much more you had to bid from base price to get the allotment? I know it is not the same for all sites but it gives some idea of the amount of competition one can expect in the e auction.
Hi Varun – There was a kind of bidding war for the plot I was interested. There were 40 bids on top of the base price i.e. 20,000 Rs/sqm, more than base. At the other extreme, a friend of mine bought another plot for the base price.
Thank you dear Vinodh for sharing your experience!
How did your friend get it at base price. Was is it not called off by BDA. As per the article if bids are less than 5% + fixed price it could be called off. And are single bidders allowed?
Dear Surya,
BDA has all the rights to accept/reject a bid.
I have seen bda accepting ‘solo bids’ at base price, have also seen then rejecting a few..
how could your friend get it in base price. I see many cases where bidding getting cancelled in such scenario.
Looking at the current eAuction prices, the prices are way more than the previous eAuction for the same block and location.
Does anyone how if BDA has already provisioned for 5% above the base price in the current base price?
Has anyone participated in bidding before? I have submitted but I am unable to get the bid option. I have tried the steps provided(jre and browser setting), bit no luck. Can someone help?
Dear Sourabh,
You mean to say that you have paid the required fees/EMD and uploaded the documents, but unable to bid??
Can be due to technical issue, browser compatibility ..
Suggest you to try from a different system and browser (preferably Internet explorer)..
Thanks. Finally worked on Firefox
I saw in few articles last time that few plots were not allotted to the bidders, since the bid price was too low. Is it true that the BDA will withdraw the plots from auction if the price does not go above 5 percent of the initial bidding price? Cant we get the plots at the base price, if I am are the single bidder for a particular plot?
Dear Rakshan,
The BDA has all the rights to accepts/reject any bid, even if there are multiple bids for a site.
If there is a sole bidder, looks like, its advisable to bid for base price + 5% of base price. But, this does not ensure that bid goes through.
Any inputs on how the registration process would be for those who’s Bid is selected?
Anyone applied for loan? Did you get the necessary documents after paying 25% of the amount?
Dear SR,
Thanks for answering some of the queries posted by other blog readers.
I have given few details regarding the registration process in the infographic (as shown in the article).
Sir, Namaste.
After paying the EMD, for any reason if I cannot participate in the bidding process at all, will the EMD amount still be refunded?
Yes you’ll get refund of EMD (Rs. 4 lakhs) but not registration fee (Rs. 500)
Hi,
Please let me know if I can bid for 2 sites in one login? Would it be problem during the end moment bidding?
Dear Ravi,
Yes, you can by paying Rs 4 lakh per site as EMD.
Any one see bidding price now ?? What is rate running. I wanted to pay EMD money only if rates are reasonable. How to check that.
That can’t be done. you’ll have to pay EMD to check the bidding price.
Also different sites in the same locality could be priced differently, you never know.
To participate/check the prices, per site EMD needs to be paid.
Thanks for information. Looks like as a common man we don’t have visibility of price for each site unless pay EMD for each site and pick lowest price site only. Also if by chance single bidder then BDA will cancel the auction. But as BDA official they might have access to view summary and deal backdoor. Well designed to cheat people.
Mr.Sreekanth Reddy, to day sunday 19th July 2020, Sunday Times of India, page no.3, BDA has said e-mapping tech for the public to see Correct location of the Site no.please let me know where is the link to locate, thank-you
M.j.subramanyam
BDA Geo Tagged Site Location
This is cool.
very effective information and I gained much knowledge about the e-auctions of bda. Thanks
Has anyone of received the EMD refund already? I still haven’t. But the eProc says EMD REFUND APPROVED, How long it might take to credit to our bank?
where did you get this approved status?Eproc site or by email from eproc?
Dear Ven,
You should be receiving the credit within 2 to 4 weeks (30days)..
Hello All, Today evening, I have received the refund for one of my bid.
I have not received as yet. Did you send an email to them to check?
Yes received
It could take 2-3 days.
New auction published !!
Dear Vishal,
Thanks for letting us know!
I have updated the article with the required details.
Considering the technical outage issue that had happened during the last e-auction, the BDA this time around has come up with different deadlines for e-auction, so that their servers do not experience the heavy loads 🙂
Also, the Terms & Conditions given in the latest (July-Aug 2020) notification are in detail and updated, which is good!
Dear Friends,
Observations on July 2020 e-auction :
BDA sold 166 out of 195 sites and earned Rs 210 crore. It bagged Rs 52 crore immediately as successful bidders had to pay 25 per cent of the site value in three day.
BDA could sell 85 per cent of sites available for bidding. More than 2,500 people participated.
BDA said it cancelled the auction of 19 sites as the bids were less than 5 per cent above the price fixed. There were no bidders for 10 sites. BDA had fixed the price at 10 per cent more than the guidance value of the area .
“So, BDA expects atleast 15% above the guidance value” – (Sole bidders kindly keep this in mind)
3,yrs back I applied for margin land which is attached to my Bda site in Anjanapura Bda 12th block, is their any possibility getting that land at least now, since govt needed money.
Dear Ganga,
Suggest you to kindly check if that site is available in the current and/or future e-auction notifications, if yes, can bid for it!
Else, you may contact BDA..
Good information
Hi Sreekant, When will be next bid..?
Dear Anusha,
BDA has not yet announced the next auction dates.
For the last many years, BDA generally completes all the procedural formalities of the recently completed auction and then comes up with next notification (it generally takes 2 to 3 months).
Lets’ wait!
govt need finanical support from BDA becuse of covid pandemic, sure next aution will be in 1st week of august reason is they have lined up series of auction of almost 3k-4k sites, after getting good responce from public especially from NRI’s expect sharp rise of inital bid value compared to july auction
Hi,
Can we avail bank loan for the remaining 75% payment after winning the bid? Does BDA cooperats with documents for applying loan?
Dear Balaji,
Once we pay the 25% amount, BDA issues a document, based on that and bidder’s eligibility, property loan can be obtained. Kindly check with your banker!
Bankers will only call you to give loan. I have got calls from at least 5 different banks.
out of 195 sites auctioned, there were no bidders for 10 sites, for 20 sites they cancelled as expected price didnt reach.
Dear Kumar,
Thanks for the update!
Observations on July 2020 e-auction :
BDA sold 166 out of 195 sites and earned Rs 210 crore. It bagged Rs 52 crore immediately as successful bidders had to pay 25 per cent of the site value in three day.
BDA could sell 85 per cent of sites available for bidding. More than 2,500 people participated.
BDA said it cancelled the auction of 19 sites as the bids were less than 5 per cent above the price fixed. There were no bidders for 10 sites. BDA had fixed the price at 10 per cent more than the guidance value of the area .
“So, BDA expects atleast 15% above the guidance value” – (Sole bidders kindly keep this in mind)
Dear Sreekanth,
I read in the newspaper that some bids were rejected as it should be at least 5% above the fixed price. Is this true? Was this mentioned anywhere else?
nothing like that, logic is BDA excepts certaain price for that site depending on location, if they dont meet then irrespective of no of bidders in that auction they will reject even hightest bidder.
Agree with kumar’s views!
Hi Sreekanth,
The terms and conditions says we have to make a payment of 25% within 72 hours ( 3days) are sunday’s and saturday’s counted in these 72 hours. Today ( saturday ) is public holiday. Please suggest.
Regards
Shrinivas
The eAuction notification clearly states excluding bank holidays. As today is 2nd Saturday/ bank holiday, today and Sunday is not considered in the 72 hours window.
I am the highest bidder in one of the sites which I participated. When will I be getting the letter from BDA? How I need to pay the 25% amount. Can I do a RTGS transfer to the account_id provided in the auction documents. Then visit the bank for the challen?
If anyone know what is the next procedure can you please tell me.
I do have the same question. I have not received advise letter in 3 days but I want to make payment as per terms mentioned. Below are few options I can think, please help in finding the right procedure in this case.
1. Can I visit my bank and make payment by filling challan and then submit to BDA Finance Dept?
2. Should I visit Canara Bank mentioned to get the challan and make payment?
3. Online RTGS to the account number mentioned in auction notification,
Dear Deepak,
I had followed below steps;
1- Paid 25% through RTGS
2 – Visited BDA banker, got the confirmation about the payment, got the challan filled with the transaction details
3 – visited BDA Fin dept and submitted the challan.
4 – BDA sends email/Post on the next set of guidelines..
Does anyone can get the challen telling the reference number or the one who paid has to go to get the challen ?
Dear Sam,
I think a representative can also visit..suggest the bid winner to provide an authorization letter to the representative..
Thank you Sreekanth, much appreciated in sharing your experiences and having the forum.
Couple of questions,
1. Did you pay RTGS through online or visited bank, also as RTGS has a limit can I make more than 1 transfer in case of online.
2. As you mentioned BDA banker, who is the BDA banker to visit?
Dear Deepak,
1 – For 25% I remember paying online RTGS. But for 75% I had visited my banker’s home branch and did RTGS, they had asked us few compliance related questions (as the amount is large) and inquired us about the ‘source of funds’ as well.
Multiple transactions allowed ? – I think, yes, but not 100% sure.
2 – The bank branch mentioned in the notification. Guess its Canara bank..
Thanks for the details Sreekanth! Yes, it is Canara Bank.
Dear Srinath,
You must be receiving an email/Post confirming you as the WINNER of the concerned property auction and on the next steps to be carried out by you.
In case, you do not receive, suggest you to go ahead and pay 25% balance, if you are the highest bidder.
Yes, you can pay through RTGS (25%) and visit the BDA banker, get the challan filled out and submit it at the BDA Fin dept.
Hi Sreekanth,
When will BDA send notice if you are the highest bidder? Do I need to visit BDA office?
Thanks a ton for providing such a thankless service to fellow BDA site aspirants
Dear Dinesh,
If you are the highest bidder, you can pay 25% amount.
I had followed below steps;
1- Paid 25% through RTGS
2 – Visited BDA banker, got the confirmation about the payment, got the challan filled with the transaction details
3 – visited BDA Fin dept and submitted the challan.
4 – BDA sends email/Post on the next set of guidelines..
Thanks Sreekanth. One question, how to confirm if BDA has accepted the BID? There is no update in the eproc website.
Dear Dinesh,
Check for bidding closed option and see if your site is mentioned in that ..
Yes, it shows in the biding closed option. i can list of bidders, and my name is at the top. No other details like bid is selected.
Dear Dinesh,
You are the highest bidder! Congrats!
Did you pay 25% of bid amount?
Hi Sreekanth,
Yes I got the advise letter, paid 25% and completed all the formalities. Now waiting for document from BDA, they said it will be sent within a months time.
Dinesh, Did they give any acknowledgment from bda apart from original Canara bank Chalan?
No, only the challan from Canara bank.
Dear Sreekanth,
Is it possible to get the final bid details for all these sites through RTI or something. The 5 sites that i was bidding went at exorbitant pricing. one such example is HSR region where a small piece of land went for 30k+/sft. On the other hand I see few sites being marked as no bidders in the eproc site. Atleast the final data will help many of us to decide on what the right price is for any site based on locality.
Dear Vishal,
As this is an open e-auction process, I strongly believe that Sites with bid price details can be obtained through RTI (bidders’ details, I am not sure though).
May I know the Site number and in which Sector of HSR Layout??
This site was in HSR 3rd sector, 214/A.
Hi,
Last date to show interest on Bidding for the BDA Corner sites was 6-07-2020. i missed the chance to apply, can i do it now as i was told about the auction today ?
Dear Dr Vinay,
We may see lot of e-auction notifications from the BDA in the near future as well.
Hi Sreekanth, apart for registration/stamp changes is that we need to pay for 1% TDS?
Dear Kumar,
1% TDS is inclusive in Bid amount and not exclusive.
Whereas, Registration charges are over and above the total bid amount.
I got an email that my bid is rejected. I don’t think they will allot until the price goes beyond market price. This is such a scam.
Dear Varun,
Did they mention any specific reason for rejecting your bid?
Were you the highest and/or sole bidder for that site?
Dear Sreekanth,
No they did not mention any reason. They only mentioned your offer of XXXX rs per sq.mt has been rejected. It also said refund will be initiated. I was the sole bidder, but i did bid for a price above the initial price. Is that the reason for rejection?
Dear Varun,
BDA can cancel such bids, due to low demand (if they would like to..I have seen this happening in the past).
Dear Sreekanth,
Yes i saw it in your post. So there is no way that they will allot until a market values is met? What if there was another bidder and still the highest bid is below the market value ?
Dear Varun,
Its not like that!
I have also noticed that BDA do accept ‘sole bidder’ bids.
So, it depends and no specific ‘guidelines’ as such I think!
They may have done some assessment for each site and expect certain Bid price I guess..
Hi Varun,
up to what percentage did you bid above the initial price. Was it only 5% above initial price??
Hello… If the highest bidder doesn’t take the plot then will it come 2nd highest bidder… And also wanted to understand person who bids at the last moment of every 5 mins.. is a serious bidder…
No, it usually just gets moved to the next auction if the winner backs out. Everyone’s usually a serious bidder, no one really wants to lose out on 4L for nothing.
Dear Nithin/Ghame,
I have seen instances where BDA has invited the second highest bidder to register the Site. So, it depends!
Hi sreekanth,
I need two clarifications,
1) Every time I login I am seeing this popup mentioning ‘One or more bank account details are not verified by you, request you to kindly verify!. what does this mean Sir ?
2) I have already paid the auction processing fee of Rs 500/ and the amount has been deducted from my account but the same is not seen in the eproc portal . kindly reply at the earliest if possible because the bidding date is nearing.
Regards
Dr Ram
Dear DR RAM,
1 & 2 – As suggested by other blog readers, you may try paying the fee/EMD amount again, it looks like the system will then update your payment and verify your bank details.. If the problem persists, you may kindly contact the BDA.
thanks sreekanth, and all you for your comments/suggestions , went through tough time in this BDA E auction ( that to when server was down and chasing BDA officals),
memorable time in life time… cheers
Thanks for your appreciation dear Kumar..
Keep visiting ReLakhs.com!
Hey Sreekanth, any idea if the bid amount includes stamp duty and registration cost or would it be separate ?
It’s separate, only 1% TDS is part of the bid price
Guys can anyone tell me at what price site no.511, 492, vishveshwaraiah layout, 3rd block, final bid amount went for….
Just for curiasty asking
bid auction no please
Above numbers i dont know………Site No 473. SMV III block,Rs75100
May be similar range price.
How is this possible ? Min bid price is 41.1k/SQM , so x216sqm = 88.56lacs..
Hi Sreekanth, I was the only bidder to the site I chose. What are the possibilities of getting this now?
As long as you’ve placed a bid, there is a good chance of winning it considering the current COVID scenario.
Hi Sreekanth,
Thanks for the information and support and guidance.I see that the due dates are extended.
Dear Friends,
I just noticed the below notification on the e-proc portal :
” BDA auctions which were scheduled to close on 07-July-2020 have been rescheduled to close on 8th, 9th and 10th July 2020. Please check the individual auction schedule in e-procurement portal.”
Looks like BDA wanted to reduce the LOAD on their IT servers, hence came up with three due dates. Kindly check your respective ‘sites’ for the due date, it can be 8th or 9th or 10th of july..
Hi Sreekanth,
The 2 sites i was bidding for is being bid very aggressively by others, so much so that it may end up being higher than prevailing market price. So i am backing out. Do you know how much time it takes for the refund of EMD to happen? Does it directly get credited to our bank account?
Dear Mithun,
Yes, it should get credited to your provided bank account directly, can take around 1 to 2 weeks..
Thanks Sreekanth. I really appreciate all the useful information you have provided and the patience exhibited in answering all our questions.
You are welcome dear Mithun..
Keep visiting ReLakhs.com for all your Personal Finance related queries.. Cheers!
This all seems to be a good ploy by BDA! People have already placed their max bids yesterday and now they allow another day and a half to push the bids up even higher.
Please bid with caution; consider current market prices and the COVID situation, do not bid without thinking everything through.
Thanks dear Nithin for your ‘word of caution’ and agree with your view!
Though BDA auction plots are ‘sought after’ ones, they can turn out to be very expensive, so kindly stick to your budget limits.
If you are sure that you are going to settle down in Bengaluru and it is for your self-occupation, your financial profile permits (higher bids), can go ahead and bid aggressively!
Bidding is now open for all sites. Suprised to see varying end dates for the sites. Happy bidding everyone. Nice work on the blog Sreekanth !
Dear All,
My observations ;
1 – Blame game has started : BDA says that e-proc portal is maintained by the State govt cell and not by the BDA.
2 – As per the news reports, BDA side representative who takes care of the IT infra is non-techy guy.
3 – Based on few BDA officials’ responses, looks like ‘extension’ of e-auction can be legally challenged and hence re-run of auction is the best option.
4 – I believe that BDA – eProc (State gov) meeting is under-way and they may come up with a solution ASAP. Let’s wait!
Can see that the bidding is again open or Live now and all the sites are visible. The end date is 10th July 6 PM.
Careful there are multiple end dates depending on the sites.
i suggest everyone to cross verify the dates of their bidding sites once
I have sent already waiting for response.
its better send emails to BDA Commissioner he is the person
[email protected]
dont know BDA is creating so much of confusion , they should have just extended bidding for all sites ( continuation of bidding amount from yesterday’s auction)
Just in case if you any one have contact details(email or phone or social media) of bidding inviting authority- Probably they can help us, instead of Eproc
you can see bidding inviting authority name in your auction details under your auction
currently there are only 58 sites in live auction
Yes. The site I was bidding also in live list. But getting blank page to bid. I called BDA customer care they told they will send intimation to all..don’t know when and how.
If we ate calling the helpline number posted on eproc site , they are saying non bid sites are showing on the site for auction but for the bidded sites they dont have enough information on it as of now and asking to contact bda officials.
Thanks for the info Mukul.
This confirms that BDA extended auction only for those sites which wasn’t bid by anyone but EMD was paid from applicants. Giving them a chance to bid.
Hope they reconsider other applicants as well as most of them waited till end to increase their bids.
its not like that, i have not bid for one site due to 15 people in that and price is going up more than market value, even that site is showing up in live action
oh ok.
This might be another case.. you paid EMD and didn’t bid.
So they left that openlive as there was a candidate who paid emd but didnt bid- a possinle case
Hope we get some news for other remaining sites apart from 58 which are live
I feel there is no point we discussing here, we need a proper platform to raise our voice against this or some official contacts we can reach out to and ask our questions
worst part is even i am not able to see that site also when i login and when check for live action
Even the 58 even though it is showing as Live, website is not allowing for bid to be submitted. In summary, for none of the sites which are part of the e-auction bids can be submitted. Looks like one big sham.
Yes..I also called .but not getting contact numbers of BDA in their official website. Do they thinking we don’t have any other work other than checking their website 100 times..are they giving sites for free? Worst experience.