BANGALORE DEVELOPMENT AUTHORITY
T. Chowdaiah Road, Kumara Park West, Bengaluru - 560 020
v Commercial Sites for e-Auction v
Date of Commencement of e-Auction: 02.12.2024
The Bangalore Development Authority, Bengaluru, announces the
e-Auction of Commercial Sites. The auction / sale of these sites is conducted
in accordance with the Bangalore Development Authority’s Disposal of
Corner Sites and Commercial Sites Rules, 1984. The sites are auctioned on
“AS IS WHERE IS” BASIS.
Minimum raise of Bid Price in Last date & time to express interest of participation in
multiples of Rs. 1000 per sq. mtr. e-Auction: 17.12.2024, 5.00 p.m. IST
Date of commencement of Live Bidding: 19.12.2024, 11.00 a.m. IST
Last date for bid closing: 20.12.2024 up to 5.00 p.m. (Delta time 5.00 minutes)
Sl. E-W N-S Total Area
Layout Block Village Sy. No. Rate per sq mtr
No ( In Mtrs) (In Mtrs) (in Sqm)
1 RMV 2nd stage 2nd stage Lottegollahalli 10/1 & As per sketch As per 2380.58 2,00,000.00
10/11F sketch
Phone no. 8722433608
GENERAL TERMS AND CONDITIONS FOR e-AUCTION
1. The auction purchaser should be a Citizen of India. 6. EMD amount of Rs. 50 Lakhs of unsuccessful bidders will
2. EMD amount is fixed at Rs. 50.00 lakh (Rupees Fifty Lakh be credited to their Account within one month
only) per site and this amount along with the e-Auction fee 7. For more general terms and conditions visit our
should be remitted as mentioned on the e-Procurement website: www.kbda.karnataka.gov.in
portal. 5% Service charge on EMD shall be deducted during 8. There should be minimum of 2 bidders for the e-auction
refund if remitted to BDA’s account instead of E-Auction sites. Single Bidder will be rejected.
portal.
9. During bidding, if there is any duplication of Nick names for
3. Advice letters will be sent by e-mail to successful bidders the same site, such bid will be rejected without assigning
(Highest bidders) to remit 25% of the total cost after any reasons.
deducting EMD amount of Rs.50 lakhs, and the remaining
should be remitted on or before 30.12.2024, 23.59.00 hrs. 10. E-auction bidders can download the New e-Auction bidding
Remittance challans should be submitted to Chief Accounts user manual by logging on to the website https://kppp.
Officer, Finance Department, D Block 2nd Floor Room karnataka.gov. For more information contact Karnataka
number 308. In case of failure to remit 25% within stipulated Public Procurement Portal: 080-46010000 & 080-68948777.
time, EMD shall be forfeited. 11. Bidders are required to download the prescribed model
Bank Name:- Canara Bank, BDA Complex Branch, signature format (in which applicant’s name and father’s
Kumara Krupa West, Bengaluru-560020. name in Kannada & English Language) and Contact
Savings Account Name:- The Commissioner, Bangalore Information format from the website https://kppp.
Development Authority, Bengaluru. karnataka.gov.in, fill in the details and upload it on the
website.
Savings Account Number:- 2828101053014
IFSC Code No.:- CNRB0002828 12. Joint Purchasers of the Site shall specify joint name in
the Format provided and jointly upload their Aadhar card,
Mode of Payment:- RTGS / NEFT
PAN card, Marriage Certificate, Passport or any other
Bidders shall pay EMD / 25% from their own bank account Government issued documents in the e-Auction portal.
only. Later requests for Joint registration will be rejected.
4. Uploading of PAN Card in e-auction portal is compulsory 13. The auctioned Sites will be allotted to the successful bidders
(Should be attested by Gazetted Officer/Notary/Attested in the same condition as they are. Bidders participating
by Embassy Office in case of N.R.I.). NRI’s interested in in the e-auction must physically check the location of the
participating in the e-auction may do so by uploading site, Road width etc., before bidding. Sites allotted in the
self attested certificates. Successful bidders can submit e-auction will not be cancelled / substituted.
certification issued by Indian Embassy later.
14. Bidders participating in E-Auction are meant to adhere to all
5. Successful bidders after remitting 25% of the final bid the terms and conditions specified above.
amount should pay the balance 75% amount within 45 days
15. Regarding the e-Auction, Bidders should contact the
of receiving the allotment letter from BDA.
Authority directly and should not contact any middle men.
Bidders have to read all the Terms and Conditions before bidding and shall participate accordingly.
For location of sites and other details, log on to https://kppp.karnataka.gov.in
BDA Commericial site related Queries 080-23368435 / 23368036 and KPPP technical issues contact 080-46010000 / 68948777
No. BDA/EM/e-Auction/T-07/2024-25 Date: 26.11.2024 Sd/- Engineer Member
