BDA readies to auction 171 corner, intermediary sites in various Bengaluru layouts

Bengaluru: The Bangalore Development Authority (BDA) is preparing to auction 171 corner and intermediate sites located in various layouts across the city.

Among the identified layouts are Bhoopasandra near Hebbal, Nagarabhavi 2nd Stage, Banashankari 6th Stage, and J P Nagar.

The BDA has established a minimum bidding fee for each site.

For example, a site in Chandra Layout has a minimum charge of Rs 1.35 lakh per square metre, while a site in Kumaraswamy Layout is priced at Rs 2.13 lakh. Additional sites have also been identified in Arkavathi Layout and Anjanapura Township.

Bidding increments will be in multiples of Rs 500 per sqm, and the sites will be auctioned on an "as is where is" basis.

The BDA plans to make the geolocation of the sites public on November 4. The deadline to express interest in participating in the e-auction is November 22, with live bidding scheduled for 5 pm on November 25, 27, and 28.