Independent research only · Not affiliated with any government, bank, or auction agency · Register, pay, and bid through the authority’s official process directly.

Announced10 Sep 2026
ConcludedExpected 22 Oct 2026
Last verified13 Sep 2026
IDA IndoreAnnounced · notice 10 Sep 2026

IDA Indore Scheme 114-I: ED-2 school plot

Land designated for higher-secondary school use, offered on lease through an online tender followed by a qualified live auction.

Bidding opens 22 Oct 2026 at 11:30 AM IST. EMD ₹3,90,28,000. Online tender submission closes 5 Oct 2026, 6:00 PM IST.

1 plot1 schemeReserve ₹78,05,60,000Online tender submission by 5 Oct 2026

First seen · Updated · Source: IDA Indore linked official auction materials

Key facts IDA Indore Scheme 114-I ED-2 school plot e-auction

Authority
Indore Development Authority
Status
Upcoming
Plot
1
Location
Scheme 114-I, Indore, Madhya Pradesh
Qualified bidders’ live e-auction
22 Oct 2026, 11:30 AM–2:30 PM IST
Online tender submission closes
5 Oct 2026, 6:00 PM IST
EMD
₹3,90,28,000
Reserve
₹78,05,60,000
Official source
Madhya Pradesh e-Procurement portal (mptenders.gov.in)
Last verified
13 Sep 2026

Compiled from IDA Indore’s own advertisement 164. 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. Submit the online tender before the qualifying deadline to take part in the scheduled October auction.

Online tender submissions open 15 Sep 2026, 2:00 PM IST and close 5 Oct 2026, 6:00 PM IST. Online bidding is scheduled for 22 Oct 2026, 11:30 AM–2:30 PM IST on the Madhya Pradesh e-Procurement portal (MP Tenders).

The official schedule publishes the area and initial rate for each plot; the published rate is ₹40,000 per square metre. It does not publish a separate per-plot rupee reserve total. For this plot, the Reserve is ₹78,05,60,000, calculated by multiplying the published area by the published rate. The Reserve figures are arithmetic aids derived from those published inputs. The published plot area is 19,514 square metres. Confirm the price-offer and evaluation rules in the current tender documents before submitting. 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 details and register.

Auction timeline

Source: IDA Indore linked official auction materials
StageDate & timeWhat it meansSource
IDA advertisement issued10 Sep 2026Advertisement 164 publishes the 1-plot inventory.IDA Indore
Online tender submission opens15 Sep 2026, 2:00 PM ISTSubmit 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 closes5 Oct 2026, 6:00 PM ISTLast published moment to submit the online tender. The notice does not publish a separate EMD deadline.IDA advertisement 164
Technical tenders open7 Oct 2026, 11:30 AM ISTTechnical evaluation precedes qualification for live bidding.IDA advertisement 164
Proposed initial financial tender opening14 Oct 2026, 11:30 AM ISTIDA marks this financial opening as proposed; the qualified live e-auction follows on the dates below.IDA advertisement 164
Qualified bidders’ live e-auction22 Oct 2026, 11:30 AM–2:30 PM ISTOnly 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.

Source records:
View 1 plot
  • Notice serial 1

    ED-2 corner

    Scheme 114-I · Higher-secondary school · General

    Plot area
    19,514 m²
    Minimum rate
    ₹40,000 per m²
    Calculated Reserve
    ₹78,05,60,000 (area × minimum rate)
    Published EMD (5%)
    ₹3,90,28,000
Advertisement 164 · lease-rent columns

What does the lease cost beyond the premium?

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.

Plot details

ED-2 corner is the single plot in this notice. The figures below refer to that same plot.

Official noticeadvertisement 164

Scheme 114-I · Higher-secondary school · General

1 plot
Plot details — Scheme 114-I · Higher-secondary school · General
Plot · full detailsPlot areaMinimum rateReserveEMD
ED-2 corner19,514 m²₹40,000 per m²₹78,05,60,000₹3,90,28,000
Browse IDA Indore property opportunitiesCurrent and past IDA Indore auctions in one place.

Verify on the official source

Publicly available IDA Indore sources

Check each plot’s current record, published area and initial rate, EMD, and published Area details in the linked official auction materials. Registration and bidding use the official IDA Indore portal.

IDA advertisement 164: Scheme 114-I plots (PDF)1 page · Hindi · 1 plot, published rates, EMD and timetableIDA official property advertisementsFind this advertisement and its NIT link in the official tableMadhya Pradesh e-Procurement portalTender ID 2026_DTCP_535283_1 · Search Active Tenders → Tender ID. Official portal named in the notice for submitting the tender response and lot-specific EMD; verify the published live e-auction schedule there before bidding · mptenders.gov.in

Practical questions

How much earnest money (EMD) is required?
5% of the area × minimum-rate amount: ₹3,90,28,000 per plot, as printed by IDA. Check the exact amount for your property in the linked official auction materials before paying.
When are registration and bidding?
Online tender submissions close 5 Oct 2026, 6:00 PM IST. Only applicants with a valid completed e-tender can take part in the live e-auction. The live e-auction is scheduled for 22 Oct 2026, 11:30 AM–2:30 PM IST. Check the MP Tenders portal and the official notice for updates.
Where do I register and bid?
Use the Madhya Pradesh e-Procurement portal at https://mptenders.gov.in/nicgep/app?page=Home&service=page.
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 before applying or paying.

Publication record

Every change dated · never silently rewritten
Expected 22 Oct 2026
Concluded record
After bidding closes, this page folds into the archive and is kept as a permanent, dated record of the notice. Status and dates only — no clearing prices or winners.
13 Sep 2026
Complete notice inventory added
BiddingPulse added the plot from advertisement 164, including the published prices, deposits and participation timetable.