Independent research only · Not affiliated with any government, bank, or auction agency · Register, pay, and bid through the authority’s official process directly.
Land designated for higher-secondary school use, offered on lease through an online tender followed by a qualified live auction.
1 plotReserve ₹78,05,60,000Online tender submission closed 5 Oct 2026
First seen · Window closed 22 Oct 2026 — kept as a dated record · Source: IDA Indore linked official auction materials
The published bidding window has closed. Bidding was scheduled to close on 22 Oct 2026; check the official IDA Indore source for the outcome. This page is kept as a permanent, dated record of the notice — the facts below are preserved for reference. BiddingPulse publishes no clearing prices or winners.
Key facts IDA Indore Scheme 114-I ED-2 school plot e-auction
Compiled from IDA Indore’s linked official materials. BiddingPulse is independent research, not affiliated with IDA Indore; registration, payment and bidding happen on the official source.
On the numbers
What “1 plot” means
What the IDA Indore official auction materials say
IDA advertisement 164 offers 1 higher-secondary school plot in Scheme 114-I through tender-cum-auction. It publishes areas, minimum rates, EMD and a qualifying tender window before live bidding.
What BiddingPulse covers
Every notice row is included with its identity, area, rate, EMD and auction date. Reserve is calculated from area × minimum rate.
Auction summary
Source: IDA Indore linked official auction materials
IDA offers 1 higher-secondary school plot in Scheme 114-I, Indore: ED-2 corner, measuring 19,514 m².
Online tender submissions were scheduled from 15 Sep 2026, 2:00 PM IST to 5 Oct 2026, 6:00 PM IST. Online bidding was scheduled for 22 Oct 2026, 11:30 AM–2:30 PM IST on the Madhya Pradesh e-Procurement portal (MP Tenders).
The official schedule lists the plot’s area and rate; the published rate is ₹40,000 per square metre. It does not print the plot’s total reserve price, so we worked it out by multiplying the area by the rate. For this plot, our reserve total is ₹78,05,60,000. The published plot area is 19,514 square metres. The current tender documents remain the source for the price-offer and evaluation rules. The separate earnest money (EMD) is 5% of the area × minimum-rate amount: ₹3,90,28,000 per plot, as printed by IDA.
Use the notice and bidder portal links below to check the latest auction status.
Auction timeline
Source: IDA Indore linked official auction materials
Stage
Date & time
What it means
Source
IDA advertisement issued
10 Sep 2026
Advertisement 164 publishes the 1-plot inventory.
IDA Indore
Online tender submission opens
15 Sep 2026, 2:00 PM IST
Submit the price offer and signed bidder documents on MP Tenders; pay EMD online from the bidder’s own account.
IDA advertisement 164
Online tender submission closes
5 Oct 2026, 6:00 PM IST
Last published moment to submit the online tender. The notice does not publish a separate EMD deadline.
IDA advertisement 164
Technical tenders open
7 Oct 2026, 11:30 AM IST
Technical evaluation precedes qualification for live bidding.
IDA advertisement 164
Proposed initial financial tender opening
14 Oct 2026, 11:30 AM IST
IDA marks this financial opening as proposed; the qualified live e-auction follows on the dates below.
IDA advertisement 164
Qualified bidders’ live e-auction
22 Oct 2026, 11:30 AM–2:30 PM IST
Only qualified bidders take part in the scheduled live session.
IDA advertisement 164
The plot in Scheme 114-I
The complete 1-plot notice schedule, with exact published areas, minimum rates and EMD. Reserve is BiddingPulse’s area × minimum-rate calculation. Higher-secondary school is the use specified by IDA.
Advertisement 164
Which higher-secondary school plots are included?
1 plot is scheduled for qualified bidders on 22 Oct 2026, 11:30 AM–2:30 PM IST. Reserve is calculated from each published area × minimum rate.
The notice lists first-year lease rent as 25 and subsequent lease rent as 3, but these two column headings do not state a unit. Confirm the payable rent and its unit in the tender document.
5% of the area × minimum-rate amount: ₹3,90,28,000 per plot, as printed by IDA. The property-specific amount belonged to this historical round; this record is not a payment instruction.
When were registration and bidding scheduled?
Bidding was scheduled for 22 Oct 2026, 11:30 AM–2:30 PM IST; the notice set Online tender submission closes — 5 Oct 2026, 6:00 PM IST. Check the MP Tenders portal / the official notice for the final status and outcome.
Where were registration and bidding scheduled?
The round used the Madhya Pradesh e-Procurement portal at https://mptenders.gov.in/nicgep/app?page=Home&service=page. The former schedule is no longer actionable.
What else should I know about this auction?
From the official documents
The price offer must be equal to or higher than the published minimum rate. Signed documents must be uploaded as the tender form requires.
The advertisement refers the successful bidder’s premium payment schedule to the tender document. It does not state a refund rule, bid increment or extension rule.
IDA publishes amendments on its website and MP Tenders, without a separate newspaper advertisement. IDA retains the right to accept or reject the tender at any stage.
Check the linked official documents for the latest details.
Publication record
Every change dated · never silently rewritten
22 Oct 2026 (scheduled close)
Concluded record — pending
The scheduled bidding window has passed. This page folds into the archive as the permanent, dated record of the notice — status and dates only, no clearing prices or winners. Check the official source for the final status and outcome.
13 Sep 2026
Complete notice inventory added
BiddingPulse added the plot from advertisement 164, including the published prices, deposits and participation timetable.