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 July 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.
Latest BDA Plots E-auction 2020 (Sep – Oct 2020) Notification
BDA has now come up with the latest e-auction notification (September – October 2020) as part of the third phase of auctions.
The E-auctions for sites primarily located at Arkavathy Layout, Sir M. Visvesvaraya Layout, J P Nagar 9th Phase and Banshankari 6th stage commence from September 9th, 2020.
The last date to express interest of participation is 24-Sep-2020 to 1-Oct 2020 and the last date for closing e-Auction is 25th Sep, 2020 to 3rd, Oct 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 (September – October 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!
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 Sreekanth,
Would you have any news on 4th B Blk auction status. Thank you.
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
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
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.
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.
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.
@Anil, you are selected for bidding only, check for bidding closed option and see if your site is mentioned in that
Hi,
Thanks for putting this together.
No sure i am the winner or some one else as at the end movement the system got crashed, not yet received the mail confirmation.
the Auction bidding status show as “Selected”.
What is the way to know, wether i am a won the Bid on not.
still not yet, i have applied for 2 sites when clicked on live auction button
screen is blank
Most of the auctions are showing as closed. Any one has info what might be going on?
yes even for one i was bidding is showing as closed
Article in The Hindu Newspaper..
Here is the news from indianexpress on extension or possible re-auction.
News seems legit but there is no official announcements displayed on Eproc portal yet.
I was not able to login for the last 20 mins to make the bid. This is such a shame that at the most critical time the server goes down. They have taken 4L as EMD for each site u bid, so the least one expects is that the server is up to enable the bidding till the last minute. I dont see anywhere it being mentioned that the bidding is extended till tomorrow on the e-proc website
Do you know BDA is ONE OF THE MOST CORRUPTED ORG, so try to leave with it, all this auction drama is only match fixing, pay money in BDA office every thing is possbile
it is mentioned about extension in indian express/hindu news paper, i have psoted that link in this web site, but it is still under review by moderator review
After the extension, still i am not able to view the Bid details. Is anyone able to view it.
I Think they have allowed bidding for only those who have paid money and haven’t bid anything yet.
i can see biding status is closed for half of the sites (intital there was a 10 page of list now its 6 page list in live auction)
I don’t know what sort of extension is this
Even Im not able to see . If any can view the bid button kindly let us know.
I am not able to see the bid plot under live auction itself. And niether in the list of sites. Any confirmation from BDA
I cant see either. I spoke eproc, they are saying the BDA and eproc are discussing in a meeting. Based on the outcome of the meeting, they will enable if such a decision is taken in the meeting
Even the plot I was bidding is not showing. But in the auction bid status it is showing as selected. What does it mean? I am sure they cannot selectively extend auction.
Any one has any idea?
[email protected],
[email protected],
[email protected],
[email protected],
[email protected],
[email protected] ( please send email to commisioner)
Looks like the website is restored now, but I don’t see my selected plot under live auction. its blank currently. Also I don’t see the bid plot in the initial list too.
Is that mean the bid is done for that plot and not available for bidding tomorrow ?
Hi Srikanth,
Once the bidding/auction time is closed, how will we get to know if we have won the auction. When I go to my auction participation I see the auction bid status as “SELECTED”. Does this mean I have won the auction ?
Please help!
Regards
Shrinivas
You see the same status even if you haven’t initiated bidding. I was about to bid in the last 15 minutes but couldn’t do due to technical issues. Now I see my status as selected even though I couldn’t bid. Looks like technical team is working to fix it to make room for bidding extension till tomorrow.
Dear Sam,
Were you the sole bidder for that property?
I have no idea. I submitted interest for 2 properties. For one of them, there were no bids at all. I didn’t start the bidding either. For the second one, there were bunch of bidders already. I was about to bid for it but couldn’t get through.
I feel phishy though. Notice of bid extension is announced in TV Media but no where in BDA website or in eproc site. They should have atleast mentioned that bidding is extended till tomorrow and system fix is work in progress.
no you are only selected for that bid
Yeah, per Suvarna news it is extended till tomorrow 6.00 PM. This is really good news
Yes
As per Suvarna news bda bidding extended till tomorrow…..
But bid option cannot be seen…
Yes, even I faced the problem from 5.30. The page was not loading at all.
Truly disappointing.
This has to be dealt legally, this auction has to be cancelled.
For this dabba website they got award and they are show casing in their homepage. A hard truth to digest.
guys we have to get united and go to bda department to complaint regarding website and ask them to extend time by one more day… lets join hands
BDA extended bidding the bidding time by one day.
Dear Vishal,
Could you kindly share the source/exact link?
Is the news available on BDA portal?? Kindly confirm
There was a ticker running on BDA website. That is why i shared the link. For some reason that info is missing again from the page. I saw a ticker on news channels as well. will post any update that comes my way ASAP.
They had removed this news from their website. This news is still running on suvarna news. but looking at the state of their infrastructure, i don’t know when they will be ready to rerun the auction.
OMG look at the award given to worst website, it shows how corrupt system is
Hello Everyone! We are must be grateful for Sreekanth for this much needed and super helpful website and thank him much for his efforts.
You deserve a chairman position in BDA 🙂 Cheers!
Agree.. Sreekanth deserves it 😀
BDA Eauction is big joke. They say NRI can apply. Fun fact is NRI’s cannot even access eproc website. Have to use VPN. Unable to access eproc website for last 15 minutes is purely planned DDOS attack by someone. Try to tweet to @BDABangalore and let them know.
I have TWEETED with #BDASites and marked all the entities, Please retweet and write more. let them listen to people voice and pains!
Its @BDABLR
Venkatesh BS
I have TWEETED with #BDASites and marked all the entities, Please retweet and write more. let them listen to people voice and pains!
Venkatesh BS
Hi All,
You may use these twitter handles / hashtags to let the concerned know about the Bidding (June/July 2020) related (Tech) issues :
@NammaKarnataka_
@BDABLR
@CMofKarnataka
@BSYBJP
Dear Sreekanth… Pls take initiative… Lets file case against this time e-auction to extend time….all cost we can share(all bidder)
Dear Sreekanth, website didnot work for last 15 minutes due to which we could not bid. kindly let me know any action i can take
We all should file PIL, this is nothing but day light corruption. Crores of money is involved, there should be transparency on how IT systems are managed by BDA. Things can easily manipulated from the backend.
I am with you…. I think it is online… We can do it
Dear All,
If any of you have contacts with the Press Media, can make sure that this issue gets published ASAP, so that it does not go UNNOTICED.
Though BDA has all the rights to accept/reject a BID, they should make sure that their (IT) systems/infra are up and running smoothly, when it matters the MOST..
BDA Eauction is big joke. They say NRI can apply. Fun fact is NRI’s cannot even access eproc website. Have to use VPN. Unable to access eproc website for last 15 minutes is purely planned DDOS attack by someone. Try to tweet to @BDABangalore and let them know. And yeah, this should be exposed through Media.
I spoke with my advocate regarding this… He said we have option to file case against this website issue… Surely we can win….I feel we have to take this action against bda
Yes for me also it didn’t worked from 5:40 onwards, hence not able to bid. Sent a mail to the admin about this.
Hello..I participated in bidding today. But website stopped working in last 15 minutes. Anyone else experienced same ?its cheating from BDA side.
yes same here
yes……. even it got struck for me….absolutly cheating by BDA.
Hi Sreekanth,
Last 90 min website became unresponsive and tried many times to login, but not successful. Don’t know what happened all of a sudden? It’s really disappointing. Govt should have taken enough precaution to maintain server issue as it is known fact that many participants access to the portal in the last day. May I know whether it will be rescheduled?
last 20 min website became unresponsive and tried many time to log in , but not successful, IT/BT City these useless people not able to maintain server
One of the worst website that BDA has is eProc! they should at least keep minimum common sense to maintain the good server capacity and infra while thousands rush. eProc site is hanged to death during auction time. God bless the ones were trying to bid at end moment 🙂
This should trend in twitter saying #BDAsucks
Looks like it is all fixed, last few minutes bid screen became unresponsive
yes ven,
one of the worst, last 20 min not able to login
Yeah. Agree
I didn’t bid but i see website wasn’t loading at all.
Not what i expected from e-auction .
Additional it seems they are using same bidding backend machine since 2010.
Dear Santhosh,
I too believe that they have been using same old application/platform since the first e-auction (2020) times.
As suggested by Ven, let’s bring this to the notice of CM of KA, BDA etc on social media.
definitely this needs attention.
Lemme know if you are planning on posting a thread in twitter or some petition. i would help it share with right team.
If possible an article on this in your blog would be super helpful for all the people searching google for “possible BDA e-auction server issues” and share link in that article for support.
It would be a right direction to collate all people who feel betrayed or not satisfied with the process.
I have TWEETED with #BDASites and marked all the entities, Please retweet and write more. let them listen to people voice and pains!
Venkatesh BS
Thanks so much for liking the tweet! lets retweet and keep it going until becomes and trend. Govt is answerable!
you are awesome! thanks for this mate.
i was Highest bidder(H1) for one of the site…. now that site is gone
Not necessary
while bidding is that we need to press + button? or we should enter amount, please let me know
Dear Kumar,
To be frank, I do not remember exactly on the functionality.
But, as per the BDA Bidding Manual (doc) – One can enter the Bid amount in the Text box and Bid amount should be in multiples of bid change price.
Hi Sreekanth,
Last 90 min website became unresponsive and tried many times to login, but not successful. Don’t know what happened all of a sudden? It’s really disappointing. Govt should have taken enough precaution to maintain server issue as it is known fact that many participants access to the portal in the last day. May I know whether it will be rescheduled?
HI Sreekanth, what about TDS of 1% for value above 50 lakhs, is that we need to pay TDS also?
Dear Kumar,
Yes, if you purchase any immovable property (land or building or house property) from a resident Indian for Rs. 50 lakhs or more, you are mandatorily required to deduct TDS @ 1% on every credit or payment whichever is earlier.
TDS is to be deducted on whole amount, only not on the amount in excess of Rs. 50 Lakhs. (For e.g. if total price of property is 60 lakhs, TDS to be deducted = 1% of 60 lakhs i.e. 60,000)
If payment is made in different installments, TDS @ 1% is to be deducted on each installment. (For e.g. if total price of property is Rs. 60 lakhs, but it is payable in 6 installments of 10 lakhs each, TDS to be deducted = 1% of 10 lakhs i.e. 10,000 on each payment of installment).
thanks sreekanth
Hi Sreekanth,
Can one single person express interest for more than one plots (by pay EMD, uploading all supporting documents of course)?
We’re unable to see the second plot in under “Live auction” section even after the payment was processed and all the required documents were submitted.
Can you please let me know if you have any idea on this.
Regards
Dear Suma,
Yes, one can pay multiple EMDs for multiple properties and can bid for them.
You need to go to respective Site notification on e-procurement portal and click on ‘Bid’ button. You may go through the e-Auction Manual provided on BDA portal.
Hi… Once the payment of 4 lakhs is done…. How much time will it take to reflect… The status is still showing initiated… Please guide
Dear Kiran,
Ideally, instantly or within few hours.
I have observed that few said this issue has got resolved by the next day.
Meanwhile, you may kindly check with your banker as well..
Hi I am very new to e-auction and have a basic doubt. ex: if the site i have selected is 90 sq. mt and Initial bid price is 40,000, and if no one in the list and i am the only bidder and if i just bid by +1 ( that is 40,500), will i get the site for 90 sq.mt X 40,500 = 36,45,000/-?
The last date to express interest of participation is 06-july-2020 and the last date for closing e-Auction is 7th July, 2020.
What does express interest mean? When should I pay and submit the bid by?
06-july
Hi Sreekanth,
I have two query
1. Is Notary attestation on signature and photo identity is needed?
2. And also in the website it says bidder should have Class 3 DSC. Is it needed?
Thanks in advance
Dear Pavithra,
1 – Yes.
2 – No, not mandatory!
Thanks Sreekanth,
I am not able to verify my mobile number. Tried calling helpdesk without luck. Could you please help me?
Hi Sirm Can u pls help me here,
I am not getting OTP to verify, how did your give your mob no there are two box–> 91 9148xxxxxx
secondly where I can verify bank account.. every time it pop up.
Dear JP,
Did you try from a different system/browser?
One of the blog readers (Mr Deepak) has suggested the below option, you may try that –
“There is one option validate in that page (EMD payment page)…. After u validate page then select bank. Then it is gonna work..”
Hi,
I just paid 4 lakhs online and the amount got deducted from my bank but reflecting as still initiated and green tick is not reflecting. What should I do?
Dear Santhosh..Did you check with your banker?
Can 2 parties (siblings – brother/sister) bid for a plot?
While registering, it is to be done with first party’s name along with other’s name in the specimen signature format document right?
Can both parties id/address proof to be uploaded ?
Dear SR,
1 – Yes, can..
2 – Advisable.
Hi Sreekanth,
Thanks for the blog. I am trying to access eproc portal from USA. But I’m not able to(Trying from last couple of days) Is there a different way for NRI’s to participate in this auction process ?
You need to be on India VPN
Dear GK,
Thank you for letting us know this!
Dear Girish,
You may kindly go through this article : How to Get an Indian IP Address with a VPN
Is it necessary get notary/attestation on PAN and Aadhar. In eProc website they did not mention about it. However in BDA website they say it has to be attested. Confused.
I have done notary attestation on signature and photo identity.
Dear Rakesh,
Yes, advisable to get PAN/Aadhaar attested.
Thanks. You have been extremely helpful to first time investors. And i have got many answers in this forum than any Govt website. Keep up the great work. May god bless you.
Thank you dear Rakesh..Keep visiting ReLakhs!
Hi Sreekanth, I have made online payment and the money is deducted BUT the website says “INITIATED” with no reference numbers. Could you help me when will this be showing payment successful?
Dear Venkatesh,
Did you check with your banker and try getting Reference Number?
If possible, you may visit BDA – Finance Dept..
Hi Sreekanth, I will try that option (calling bank for ref number and enquire on the initiation yet) Thank you!
It is solved. thanks! 🙂
Dear Venkatesh,
It got solved by itself?
Or Did you try any solution? Request you to kindly share the information, can be useful to other blog visitors! Thank you!
Dear Venkatesh,
One of the blog readers (Mr Deepak) has suggested the below option, you may try that –
“There is one option validate in that page…. After u validate page then select bank. Then it is gonna work..”
Okay, But I tried seeing this option and couldn’t see anything as such!! is it for BANK verification he recommended OR for Payment completion?
Hello Srikanth,
one query, im unable to verify my mobile number as im not getting the OTP. how to go about it?
and similarly, the site says ” One or more bank account details are not verified by you, request you to kindly verify” how to solve this???
Thank you .
Dear Vishal ji,
Did you try doing that from a different system/browser??
Dear Dr Vishal,
Did you get the OTP issue resolved?
Hi Mr. Sreekanth,
Thank you for such a quick reply.. And yes u were right. It was the browser issue. Had use internet explorer 11 to solve the bank account issue..
But the phone number verification, its still there. Haven’t got the OTP yet. But tats okay as i have already started the bidding also.
Thanks a lot Mr. Sreekanth.
Really appreciate all the help you are providing here to people like us.
God bless you and your family 😊🙏
Hi Sreekanth,
i have applied with joint registration.Can joint registration be cancelled and single registration opted for after winning the bid. Thx in advance for your reply.
Dear Vijay,
I am not sure on this, you may kindly check with BDA.
Dear Srikanth,
If I pay emd and don’t bid, will the entire 4 lakh is going to be refunded.
Yes
Hi
This question is related to the e-auction tool.
I have participated in the e-auction and provided my initial bid. After that when I check “My participation Auctions bid” I don’t see the details of the bid. It simply status “Auction Bid status” : selected. I don’t have any option to either change the bid or details on who is the highest bidder.
Is it my browser issue ?
Regards
Rajesh
Dear Rajesh,
I guess this can be tech comparability issue.
You may kindly contact the BDA or try to access the portal from a different system/browser.
Hi Sreekanth
When I checked the e-auction help desk they responded like this.
===
Auction was force closed by the department on 2020-07-02, kindly
contact concern department for more details.
===
Can BDA do this ? Can you let know if any number by which I can contact the BDA department.
Regards
Rajesh
Dear Rajesh,
Do you mean to say that they have removed a particular Site from the auction notification?
Yes, they can do !
Yes called up the BDA auction in charge number provided in the Ad sheet. He told they have removed it from the list.
They will credit the money back correct ?
They should have immediately credit the money so that I could have opted for other site.
Thanks for the help
Hi Sreekanth,
I have applied for a site and when i go to Live Auctions, I am able to see the details.
But I dont see the Bid option. I have installed the Java runtime environment and trying to use Internet explorer and Mozilla firefox. In both I am seeing issue.
Can you or anyone please let me know what is going wrong.
Thank you.
Actually BDA bidding application uses old environment(setup).
and this type ” java runtime environment” is no longer supported in modern browsers.
It should work in IE-version 11.
Also you can use firefox older version like 49 or 50- i suggest to use this
Dear Santhosh,
Though I am not a Tech expert, I agree with your views.
There are compatibility issues with ‘bidding application’, hence, bidders are advised to run through the entire set-up now itself, rather than waiting till last day.
Thanks for the reply…Yes new version has issues.
Hello Sreekanth….!!!!
One more doubt
Is there minimum number bidder criteria
As I have applied for small site and no one bidding except. My doubt, can bda cancel giving reason that you are the only bidder…. even if I quote market rate
Dear Deepak,
Yes, BDA has all the rights to cancel any type of Bids.
I believe, in the past BDA had cancelled the bids where only one bidder participated.
Kindly do note that, BDA has all the rights to accept / reject the bids. This is the main drawback with the Bidding process.
(This view is based on my personal experience)
Thank u very much for your support
Hello Sreekanth!
Really appreciate your genuine efforts helping people much better and beyond BDA help desk!
I have a question on the “Documents” section, Please help!
1. Contact details (upload in a Specified format) – What document to upload here?
2. Specimen Signature Format (Attested by the Gazetted officer or Notary or Embassy office – in case of – Like you said if DSC is not mandatory is it OK if i simply upload Photo identity format signed with Gazette?
3.Additional Documents:- What document to upload here?
Thank you dear Venkatesh for your appreciation!
1 – You can upload any ID that has your adress proof (ex- Aadhaar)
2 – Self attestation and attestation by Gazetted officer will serve the purpose.
3 – You may ignore, you are a Resident Indian with valid ID and Address proof 🙂
You are awesome! 🙂
@Sreekanth
follow up question on this,
They have given file formats for 1. contact details 2. photo and signature format-( in single file)
when uploading documents there are 5 fields to upload 5 docs.
1. Contact details format
2.Photo identity
3.specimen signature
4.PAN
5.Address proof
Question i have is what should be uploaded in field 2.photo identity and 3.specimen signature. as they have given only one format which has photo and signature both in single file..
am I missing something here?
Appreciate your help here.
Dear santhosh,
Specimen signature – You can upload the BDA specified format (with your signature and Gazetted officer attestion).
Photo identity proof can be uploaded.
Thanks Sreekanth
Dear Sreekanth,
Thank you so much for your work in this blog. It has helped a lot.
A request for you:
I can’t seem to locate the file format for Contact details in documents upload section, at the eproc website.
Request you to please share the format.
Thanks!
Dear Vineet,
Are you referring to ‘uploading a document for communication details’??
Hi Sreekanth,
In documents upload section, four documents are required to be uploaded:
1. CONTACT DETAILS (Upload in a specified format -attached in eproc website)
2. PHOTO IDENTITY & SPECIMEN SIGNATURE FORMAT (Attested by the gazetted officer / notary- Indian cit
3. SCAN & UPLOAD PAN CARD
4. ADDRESS PROOF -AADHAAR CARD/VOTERS ID/DRIVING LICENSE/PASSPORT
My query is regarding the first document mentioned above.
In what format do I need to upload contact details (I can’t find any format on eproc website)??
Thanks again!
Dear Vineet,
You can upload your communication or address proof doc itself..
Ok Sreekanth, Thank you.
Hi Sreekanth Reddy,
Every time the EMD payment through net banking is failing . I have my account at HDFC bank. Is there any time limit to pay this EMD amount as I tried after 6PM.
Dear Sunil,
You may try from a different bank account if you have.
Else, kindly check with your banker and/or BDA.
(I believe there is no cut-off time in a day I guess.)
Hi Sreekanth
I paid the auction fee and EMD amount i tried multiple times around 7PM and after many attempts transaction happened but got error message in page and amount is deduction. When checked in eproc it shows status as initiated and banking transaction number is blank. I have sent mail to helpdesk and payment gateway requesting the status.
can you please let me know what can be done here.
Hi Chetan, i am facing the same issue, It says “INITIATED” with no reference numbers. Could you help me with which is the helpdesk email id that i need to send email?
Hi Venkatesh,
Kindly try to initiate payment again (don’t pay) and you will find there your transaction as success. I contacted the helpdesk and they as me to do so and it worked.
There was some issue at the Bank end . Now successfully paid but it is updated at the portal.
There is one option validate in that page…. After u validate page then select bank. Then it is gonna work
Hey Deepak, I do not see any “validation” in that section. will it be appearing at EMD payment section? could you tell me which section I must do this?
Hi Sreekanth Garu, thanks for all the replies and helping us its highly appreciated. I had few more queries.
1. If we win the bid, pay 25% through NEFT online. For the challan do we need to visit canara bank which is shared by BDA in the auction document. ?
2. In BDA conditions document the banker address given is Canara
Bank, BDA Complex Branch,Kumar park west,Bengaluru-560020. IFSC code given is CNRB0002828. But when i register this banker as payee for the IFSC code mentioned in document the canara bank address is different like “BDA Bangalore”. When i searched for the IFSC code for the address given in conditions document its different. Do you some idea on this?
3. There was no response from BDA helpline numbers. Just to cross verify myself can you share the BDA helpline number which you are aware. It would be helpfull
Dear Sat,
1 – Yes.
2 – Kindly check with BDA/banker.
3 – You may kindly call the contact numbers given in the Notification.
Hello Srikanth, After the unsuccessful bid, the EMD amount of 4L; Does the whole amount 4L will be remitted ???
Dear Prasad..Yes, the whole amount will be refunded directly to the bank account thats given while submitting your application.
Thanks Srikanth for your quick response.
I heard a small part will be deducted as part of Taxation, please confirm.
Dear Prasad,
I am not sure on this..are you referring to TDS?
Paid money via Netbanking transaction. Transaction was successful but eproc site is still showing payment initiated
It will take one day tomorrow morning you check it out at 11 am. You will get mail….
Same thing had happened to me too… But next day got mail
Hi Deepak, I have made online payment and the money is deducted BUT the website says “INITIATED” with no reference numbers!!!! but the next day is non-working day, so will it appear after 2 days?
Until it shows successful we cant complete the “interest” in site right?
Hello Sreekanth Reddy….!!!
I am applying for two site and paid emd of 800000. If I bid for both site and I am highest bidder for both site…. Then in that case whether BDA ALLOT BOTH SITE TO ME OR ANY ONE OF THAT… pls reply at the earliest
Thanks in advance
Dear Deepak,
BDA can allocate both the sites to you!
Hi srikanth,
I am applying for SMV Layout……how much i can expect bidding percent (approximately) compare to market rate. Like 120% or 140% or 160 % or 180% or 200 %. Where exactly SMV layout fits….based on previous customer reviews at Relakhs.com
Dear Murthy ji,
No one can predict this.
It depends on the site exact location & size, surroundings, development (layout) status, bidding participation etc.,
Do your homework thoroughly, ask around and get the current running prices in the area, and also factor in the whole COVID scenario to those prices.
After this, fix your budget and bid as long as you’re under that price. It’s important to not get emotional and bid higher just to win the auction, the honest fact of late is that there are better deals to be had outside, than on BDA auctions for most areas, especially well developed ones.
Hi Srikanth… I am having one query. The final bidding happens at end of the Day or lost day of bidding at 6.0 pm on July 7th 2020. Explain the protocol in brief.
Dear Murthy ji,
It does not matter whether a bidder submits his/her bid till july 6th.
What matters is if anyone submits a bid by 6pm on 7th july or not.
For example : If a bid is received at 5.58pm on 7th july then there will be a delta time of 5 minutes, if another bidder submits a fresh bid by 6.03 Pm then 5 minutes gets added..the process can go on..
Can I increase by bid once after other bidder submits his which is more than my initial bid?
Dear Rex,
Yes, you may do so.
In case, no one else bids till 6pm on 7th july, then you will be the winner of the bid.
I sir i am facing some user name issues please suggest me the user examples and passwords please i m completely fed up
use lowercase names it should work.
Hi Sreekanth garu,
Thanks for the answering questions. I had few more.
In case of successful bidding its mentioned that 25% of total amount has to be remitted to BDA account and challans of remittance should be submitted to finance dept.
1. As per my understanding we can transfer this money using NEFT. Is my understanding correct?
2. Out of this 25% cost can we initially as a test send little amount get it confirmed that it reached the respective account and then credit remaining. Is there any such option?
2. What does Challans of remittance mean? How can we get them?
3. Do we need to physically visit the office and submit them in 72 hours or if its one day late also is that fine?
4. Do we have any customer care number where we can talk get clarified whether our payment reached them or any such queries?
5. Regarding buffer time : The latest e auction its mentioned closing time is 6 pm does it mean if some one bids at 17:58 there will be buffer time of 5 mins to next bid?
Dear Sat,
1 – Yes. You can do NEFT from your bank to BDA banker, can get the confirmation from the BDA banker and submit these details in a challan form to the Finance Dept.
2 – I think you can make multiple payments. You may cross-check with the BDA.
3 – Advisable to stick to the said time-line.
4 – You can get the contact details when you visit the BDA office (to submit 25% related challan). You can get in touch with the BDA Finance Dept staff.
5 – Yes.
Hi All,
I am not getting the one-time pin generated to verify my mobile number.
Dear Rohith,
Are you still facing this issue? Did you contact the BDA helpdesk?
Do we have to/ can we do any survey of the plot?? If yes when we can do that? After paying 25% amount or after paying entire amount??
Dear Mukul,
Do you mean to say – personal visit to the shortlisted sites? Or getting surveyed by the official/authorized person?
I mean getting surveyed by the official person to see if the area mentioned on paper is same as actual.
Dear Mukul,
You may contact the concerned persons (layout wise) as given in the notification, they will guide you..
Hi! Will the auction happen for all the plots in an area simultaneously? I am planning to bid for 2 plots in the same area (BUDA – Belgaum)
Dear Rashmi,
If you are referring to auction conducted by BUDA then I am not sure..
Hi Sreekanth, Thanks for the information. Wanted to know few information.
1. If we pay 25% of total value, do they give us documents to avail loan ?
2. Is there any extra 10% since this is corner site ?
Dear Ram,
1 – Once 25% of the bid amount is paid, the BDA sends a formal document/letter (by post) to you, based on which you can approach your banker for applying home loan.
2 – The pricing is determined based on live bidding.
Hello Sreekanth, I am not able to download the Specimen signature and contact information format from.
Do you happen to have any information regarding the same.
Dear Vinodh,
I have emailed the required document to your email address, kindly check!
Hello Sreekanth, the 4lakh that we paid during the registration can be considered for 25% of the total bid amount?
Dear Yogesh,
Yes, they will adjust the EMD amount towards the payable bid amount!
Hi Sreekanth,
So for this June-July 2020, it’s the only auction process?? when are we having the BDA Allotment process for participation?
Dear Aruna,
Yes. We can expect more e-Auction notifications from the BDA in the near future!
Regarding Allotment of plots based on Seniority list and/or certain Reservations then BDA is yet to announce their plans. Last year, they had allotted some plots in Kempegowda Layout!
Hi Shreekanth,
Is the DSC mandatory?
Dear Ravi,
I dont think it is mandatory.
I had got just attestation done on my documents, uploaded them and participated in Bidding process.
Hello Sreekanth,
Firstly thank you for the highly informative article that I feel BDA can link to on their website as the instructions are much clearer here.
I have a question for you, the e auction website mentions, Class 3 Digital Signing Certificate in the page where you list tasks to be completed like Pay Auction Fees, Pay EMD etc. Can you explain a bit about how do you go about using the Class 3 DSC to digitally Sign the documents. Should we sign the documents first using the DSC and then upload ?
Dear chethan,
Thanks for the appreciation!
Yup, you can digitally sign the documents and then upload them. You can find more info on this on GOOGLE!
Thx Sreekanth, but is it necessary or mandatory to do it for e auctions with BDA? Or can I just upload docs as it is?
Even I would like to confirm whether it is mandatory to digitally sign the documents before uploading?
I checked with BDA officer today it’s not mandatory to digital sign docs but attesting is necessary. Good luck
Is it mandatory to have a class 3 dsc, digital signature to participate in e auction?
Dear Darshan..No, its not mandatory!
Hi sir. This is wrt to MUDA site eauction in Mysore.. there also it is mentioned need of class 3 DSC for eauction.. could you please guide if it is mandatory?
Dear Divya,
Though I do not have much info on the MUDA e-auctions, I believe that digital signature is not mandatory.
Mr Srikant thank for replying every one’s queries in detail.
Am not computer savy,can u suggest some outlet/agency who can assist me for this purpose at a cost
Thanks
Regards
Dear Venkat sir,
I currently reside in AP and do not have any trusted contacts for the requested service.
Kindly note that BDA provides some mock biddding sessions once in a while, you may check with them on this!
If I pay EMD for 2 sites and if I win the bid for 1 site, while paying 25%, will I be allowed to deduct 2 sites EMD from the 25% or will I be allowed to deduct only 4 lakhs?
Dear N,
I dont think, BDA will adjust the payable amounts like that. They may refund the Rs 4 lakh for the other site.
Could any one help me with DSC Class 3 certificate process. From where we can get this?
Dear Kartheek,
Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. Examples of physical certificates are drivers’ licenses, passports or membership cards. Certificates serve as a proof of identity of an individual for a certain purpose; for example, a driver’s license identifies someone who can legally drive in a particular country. Likewise, a digital certificate can be presented electronically to prove your identity, to access information or services on the Internet or to sign certain documents digitally.
Like physical documents are signed manually, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate. Transactions that are done using Internet if signed using a Digital Signature certicate becomes legally valid.
A licensed Certifying Authority (CA) issues the digital signature. Certifying Authority (CA) means a person who has been granted a license to issue a digital signature certificate under Section 24 of the Indian IT-Act 2000.
DSC of Class 3 category issued by a licensed Certifying Authority (CA) needs to be obtained for efiling on the eTendering Portal. Class 3 DSC is the highest level where the person needs to present himself or herself in front of a Registration Authority (RA) and prove his/ her identity.
The cost of obtaining a digital signature certificate may vary as there are many entities issuing DSCs and their charges may differ. The approximate cost could vary between Rs 2000 to Rs 3000 depending on the number of years for which it is issued.
Hi Sreekanth garu,
Thanks for the answers. Once we upload all documents submit for interest for participation. Does this mean we had submitted bid for the plot for the base price ?
There may be many people who have done the same which we cannot see here. After showing interest to participation then next step it says go to live auction and bid. If we click on bid button it will increase bid by 500 Rs per sqmt. In this situation there would be many people who would have shown interest for the same plot like me which each others wont come to know. Ia m little confused about this stage can you explain more on this please.
Dear Sat,
Yes.
Once you go ‘Live’, you can view the list of bidders.
If anyone bids then you can view the bidder ‘Scree name’ with his/her bid amount.
If you are the sole bidder then you can get that property at basic bid amount, But, BDA can cancel such bids (if they would like to..I have seen this happening in the past).
Hi,
What are the extra charges like katha charges or others, if we selected as bidder for any plot?
Dear Kartheek,
Once you pay the 100% amount, you are invited for ‘Registration’ of plot at Sub-Registrar office located near BDA head-office.
You need to pay applicable Registration and Stamp duty fee to get it registered.
After that, you need to visit the concerned BBMP revenue office (that administers the particular layout) and get the Khata Registration done in your name.
Hi,
In the website they have mentioned about Class 3 DSC. Can you please give more details on this
– DSC should be for a Individual person and do we need both signature and encryption certificate?
Dear Sada,
Kindly refer to my reply to ‘Kartheek’s’ query (refer above comments).
Thanks for your detailed explanation.
Can you please confirm if only digital signature certificate is enough or with encryption is required?
Dear Sada..i am not sure on this, you may cross-check with the BDA staff..
ok, I will do that. Thanks.
I have some more doubts. In documents upload section there are following tabs which is not clear.
1. Contact details- Can you please let me know what document needs to be uploaded for this.
2. Specimen Signature – Do we need to upload Class 3 DSC for this?
3. Photo Identity – Please tell us what all documents can be uploaded for this.
4. Address Proof – Actually, I have recently shifted my house and I dont have any address proof that is mentioned for this new house. Can I submit the document with old address where we lived for more than 8 yrs.
Please clarify.
Dear Sada,
You may kindly go through the ‘ BDA auction manual’ document that is available on BDA portal.
Advisable to give ‘current address’ as it can be used for the communication.
Hi, we are trying from day one to access the web site no success till now.
Dear Ravi,
Did you try accessing it from a different browser/system..You may call BDA helpdesk.
Hi,
Thanks for the details. I wanted to know if My dad applies for the e-auction and wins the bid supposedly, but in order to avail property loan later (if required), I who is his daughter would need to avail the loan as my dad would not be eligible for higher loan limit, can my dad add me as co-owner later on?
Dear Chaya,
Your dad and you can approach the bank to get home loan. You can be an additional borrower (applicant) for home loan.
But, advisable to check with your preferred banker now itself, if they accept this arrangement.
Please note this :
The auction purchasers who desire to have the sites jointly registered should upload the details of the persons concerned on the e-portal.Only blood relations,viz.,spouse,sons or unmarried daughters are eligible for joint registration along with the auction purchaser.The relationship of such person should be clearly mentioned
Thank you Sreekanth, will check on this.
Hi Sir,
Q1. As the location map is not clear, any tips how this can still be seen under Google map?
Q2. Any tips on easily finding out the facing of the plot?
Dear Venkatesh,
1 – You can take help of a local trusted real-estate agent to locate the shortlisted properties. But, you can consult them only for locating the properties.
You can call the concerned BDA engineers..The contact numbers of the respective person are given in the Notification (for each layout).
2 – Carry a Compass 🙂
Thanks so much! Your efforts on these clarifications are much appreciated
Hi Sreekanth,
1. Is Gazatted officer sign mandatory on documents which you upload? We were not able to get sign on “photo and signature identification of auction ” form. All others we were able to get. Is this fine or very critical.
2. Once we go to bid page…can we come back anytime and upload the missing documents?
Dear Sat,
1 – Advisable to get the gazatted officer’s signature on the mentioned document as well. Generally they do it..
2 – Advisable to upload all the required documents and then proceed for bidding/payments.
Hi Sreekanth garu,
Thanks for the answers. Once we upload all documents submit for interest for participation. Does this mean we had submitted bid for the plot for the base price ?
There may be many people who have done the same which we cannot see here. After showing interest to participation then next step it says go to live auction and bid. If we click on bid button it will increase bid by 500 Rs per sqmt. In this situation there would be many people who would have shown interest for the same plot like me which each others wont come to know. Ia m little confused about this stage can you explain more on this please.
Hello sir,
Thank you for your detailed explanation.
My question is, should we apply one site at a time or can we apply for multiple site with 4lk EMD amount.
Is there any option to shortlist the site. There are chances that the selected site may go being my budget. What to do then?
For each site, separate auction fee and EMD fee. If you do not win the auction you should get back the amount within 30 days.
Hello Sir,
From the above screenshot, you have put it looks like we have to register ourselves towards one particular property, and can only bid for the property.
What if my budget crosses for that particular site/property I register against and I want to bid for another site which is still under my budget.
Is this possible or not..!?
You can pay auction fee and EMD amount again for the other site and bid
Thank you Nithin for replying to some of the queries, cheers!
Dear Rohith,
You can bid for multiple Sites by paying EMDs of Rs 4 lakh per site before the due date.
Do note that, in case you win a bid but do not pay the required 25% bid amount then you will not get back the EMD amount.
What if i had a initial bid and Now want to withdraw from it? What will happen To EMD amount? One scenario is If somebody bids after me then I Am good, what if nobody bids and I win.. please let me know the process.
Dear Tauseef,
If you are the sole bidder and you decide not to pay the 25% amount then you will not get back the EMD amount.
i am new to this bda bidding process, can you please help me on how to do bidding online. I have tried tried user registration and provided bank detail. Where i need to make payment and where i can upload documents? do all documents need to Attested by Gazetted officer if i am from bangalore
Hi Sreekanth Garu,
If we dont win bid in how many days we will get back the deposit amount
Usually takes about 30 days or so
Dear sreekanth reddy
After winning the auction , then we feel that site is not worth buying and want come out of bidding process .Then, can i get my EMD amount back.?
No, you will not get it back.
hi I am not able to open bidding site is there bidding postpone or something technical issue
Dear Raj,
I am able to access the e-Procurement portal.
Suggest you to try from a different web browser/system, can be a compatibility issue.
BDA Property
I want to participate in eauction.Need more clarity on online education process
Dear Sridhar,
May I know what info you need regarding e-auction process?
hi sreekanth are you able to visit website for e bidding
Hi Sir,
1st Question: As you mentioned in the 1st phase all the plots are corner plots. So usually priced at a premium. I am planning to build a house if I get an allotment. So will BDA announce non-corner plots in 2nd Phase?
2ns Question: Also without seeing the plots physically how can we participate in the auction and select the plots? Please guide me
Dear Vinayak,
1 – Most of the sites can be ‘corner’ ones. I am not sure about the 2nd phase.
2 – The exact location of plots (location maps) are available in the Notification. So, you can visit the location and personally check the shortlisted site(s).
Sir, is there any reservation and price reduction for Retired Defense persons in allocating sites .
Dear Hemant ji,
As this is an open bidding process, I believe that there is no reservation or price discount.
Will the real estate price will come down due to corona virus
Dear Robert,
Generally corner plots command ‘premium price’ during bidding. But, there are instances where I have noticed that bids end at base price itself.
So, it all depends on Plot location, demand and your budget.
I believe that if BDA auctions too many sites in one-go the ‘premium’ can come down.
If one wants to settled down in Bengaluru, if at all there is a slight price correction for BDA plots then it’s a good time to own one through e-auction.
Once the pandemic crisis settles down, who knows there can be higher participation in the future Auctions???