Table of Contents
How does BDA e auction work?
The terms and conditions by BDA to participate in the bidding is deposit of Rs 4 lakh which is refundable; if one is successful in the bid, 25 per cent of the site cost needs to be remitted within 72 hours after deduction of the initial deposit, and 75 per cent to be paid within 45 days after receiving the allotment …
Can BDA sites be sold?
“A BDA site cannot be sold by a buyer unless a 10-year lease period after purchase date is completed. But if you buy it from the farmers, there are no such conditions. So, some buyers prefer a BDA site from a landowner,” he said.
How much does BDA site cost?
A 30X40 site will cost Rs 24 lakh plus registration; a 2,400 sqft (60X40 feet) is Rs 54 lakh; and the 50X80 site will cost Rs 1 crore. The pricing is based on different dimensions of the plots, starting at Rs 900sq ft for the economically weaker sections and from Rs 1,800sq ft for general category .
How do I participate in e auction BDA?
BDA E Auction 2020 – How To Bid?
- Visit the BDA e-auction website.
- Register as a new user or log in with existing details.
- Place your bid and pay auction fees.
- A single bidder may place a bid at the starting amount or increase the current bid by the minimum amount specified.
- EMD may be deposited online or through DD.
Is BDA flats are good?
“It is commonly known that the BDA flats are designed poor and lack quality. This is mainly because 30-40 per cent of the budgeted cost is grabbed from the builder as commission by engineers and officials.
Can we buy BDA site from SC ST?
Certainly yes If the land was re granted by the Government of Karnataka under the scheme of SC/ST. There is a clear prohibition to transact with these lands under law and there is no limition period to claim back such land by the grantee or his legal Heirs.
How do I buy a BDA auction site?
How can I know the owner of BDA website?
Details of property ownership in Bangalore
- Head to the official website. The official website for checking out the ownership of the land is provided here.
- Head onto “Bhoomi”
- Click on citizen services, “Click here.”
- Click on “view RTC &MR.”
- Enter the relevant details of the property.
What is the status of e-auction conducted by BDA in 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.
What is e-auction of BDA corner sites in Bengaluru?
BDA called for E-auction of vacant corner sites and the bidding will start from 20th July 2020 to The Bengaluru Development Authority (BDA) has auctioning of the BDA corner sites from 20th July 2020 to ending at various dates. Do remember that these sites are corner sites and hence obviously the price will be a bit higher than the normal sites.
What is BDA in Bangalore?
Bangalore Development Authority came into existence with an Act by the Govt of Karnataka in 1976, since it is striving hard to help the aspirants who wish to have a plot of land in the Silicon Valley of India. All properties and sites which come under the BDA jurisdiction must have BDA approval.
What is the last date to participate in the 2021 E-Auction?
The last date to express interest of participation is 29-Mar-2021 to 5-Apr-2021 and the last date for closing e-Auction is 30th Mar, 2021 to 6th Apr, 2021, 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.)