Since 2012, BDA (Bangalore Development Authority) has been aggressively offering the plots for sale through e-auction. These are residential sites in well developed localities of Bangalore. Bidding is a hassle-free way to own a property in Bangalore.
It is a naked truth that in most of the property deals in India there is always a difference between the Registered value and agreed/market value.
So, this is a great news for those who want to fund the property deal through a home loan. Especially salaried individuals who want to avoid any sort of black money in real estate transactions.
You may kindly go through my new article : Latest BDA Plots E-auction July – August 2020 | Details & Online Procedure
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.
Terms & Conditions:
The entire process from bidding to Registration will get over in 2 to 4 months. The below process flow gives you clear idea about this.
Latest News : Click on the below image to view BDA’s latest e-Auction Notification details : BDA e-Auction November 2019 – December 2019 (last date for BDA e-auction is 03-12-2019).
Since 7 years BDA has been consistently issuing the e-auction notifications every quarter. I have participated in the e-auction in 2012. I have been keenly tracking all the auctions. Some bidders have won at the base price itself and some have won at crazy prices.
(The next step after property registration is “Khatha Registration”. Read my article on “How to get Khata Registration done?“)
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!
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This post was last modified on September 21, 2023 9:12 pm
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View Comments
Hi Srikanth,
can one applicant become successful bidder in more than 1 or 2 or 3 auctions he is eligible to buy and hold property in his name multiple BDA sites. I read in some Karnataka housing board allotments & BDA allotments one family (Husband/Wife) will be allotted only one site as rule. This rule is limited to allotment sites and not for corner auction sites??
Dear Ashwath,
Yes, the said rule is not applicable for auction sites.
Hi Sreekanth,
How to get the location details for the sites in the e-acutions.
hi
can a BDA existing site owner buy E auction sites now
Dear JP,
Yes, an existing BDA owner can participate in e-auctions..
Related article : Latest BDA Plots E-auction 2021 | Details & Online Procedure
Hi Sreekanth,
Thanks for maintaining a wonderful site, with a lot of useful information.
I have a question regarding the joint applicants. Can 2 siblings (brothers) jointly participate in the auction for the same plot, and if they submit a winning bid, is it possible to jointly register in their names?
Dear Sanju,
Yes, it is possible and the registration has to be done in joint names.
You may kindly visit my latest article on BDA e-auctions 2020-21, go through the useful reader (real-time bidders) comments..
Hi Sreekanth,
this is a good work. Keep going.
I have couple of questions today. I am doing it first time.
1. what is the recognition process to get an confirmation if I was the top bidder in the list till last ?
2. is BDA going to create a final deed for registration for me or I need to hier lawyer for same ?
Dear Ani,
You may kindly visit my latest article on BDA e-auctions 2020-21, go through the useful reader (real-time bidders) comments, you may get answers to most of your queries (related to BDA auctions).
1. Sreekanth Reddy very informative comments from your side. I have a question, in case we win a successful bid apart from 6% registration charges do we also have to pay additional 5% fees for the corner site?
This rule applies during registration as we have to pay additional charges for corner sites, do you have any idea
2. I saw some of the corner sites as small as 400SqFt to 450SqFt next to each other, is there a demand for these smaller sites Individually? do you have any idea
Dear Karthik,
1 - There is no 'additional charge' of 5%.
2 - Smaller plots generally have more bidders.
Suggest you to kindly post your queries in this forum, you may get more responses from real-time bidders as well.
Greetings,
Is class 3 DSC (digital signature certificate) mandatory to participate in auction.
Thanks,
Vikas
Dear Vikas,
No, its not mandatory.
Suggest you to kindly go through below article and readers' comments in this article :
* Latest BDA Plots E-auction 2020 | Details & Online Procedure
where can we find the final successful bid rate at these auctions? Is there a site where it is published.
What if there is only one bidder for a site. I was the only bidder and just increased 500 rs from the actual price.. did I get that allotment? What's is base price mean when you are the only one bidder?
Hi, i found all your blogs and comments helpful in this regard. However, I have question on bidding amount.
What amount should I enter in the Bid page for example if the initial bid charge is 35k persqmt and multiple of 500rs shld be entered as bid change amount as per BDA resources. Now, say suppose I want to raise the bid by 1000rs persqmt ... how should I do this meaning shld I enter the change value per sqmt or compute the change amount for total site dimension and enter? Please explain how this works. Your help will be appreciated and thanks in advance.