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

Announced9 Sep 2026
ConcludedExpected 23 Oct 2026
Last verified13 Sep 2026
IDA IndoreE-tender submissions open

IDA Indore Scheme 136: four corner school plots

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

Bidding opens 23 Oct 2026 at 11:30 AM IST. EMD ₹26,54,100–₹4,29,13,800. Online tender submission closes 5 Oct 2026, 6:00 PM IST.

4 plots1 schemeReserve totals ₹5,30,82,000 – ₹85,82,76,000Online tender submission by 5 Oct 2026

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

Key facts IDA Indore Scheme 136 school plots e-auction

Authority
Indore Development Authority
Status
Submissions open
Plots
4 across 1 scheme
Location
Scheme 136, Indore, Madhya Pradesh
Qualified bidders’ live e-auction
23 Oct 2026, 11:30 AM–2:30 PM IST
Online tender submission closes
5 Oct 2026, 6:00 PM IST
EMD
₹26,54,100 – ₹4,29,13,800
Reserve range
₹5,30,82,000 – ₹85,82,76,000
Official source
Madhya Pradesh e-Procurement portal (mptenders.gov.in)
Last verified
13 Sep 2026

Compiled from IDA Indore’s own advertisement 163. BiddingPulse is independent research, not affiliated with IDA Indore; registration, payment and bidding happen on the official source.

On the numbers

What “4 plots” means

What the IDA Indore official auction materials say

IDA advertisement 163 offers 4 school plots in Scheme 136 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. The notice does not state reservation categories.

Auction summary

Source: IDA Indore linked official auction materials

This page covers 4 plots across 1 scheme in Scheme 136, Indore.

Online tender submissions open 12 Sep 2026, 2:00 PM IST and close 5 Oct 2026, 6:00 PM IST. Online bidding is scheduled for 23 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 ₹54,000 per square metre. It does not publish a separate per-plot rupee reserve total. Across these 4 plots, Reserve totals run from ₹5,30,82,000 – ₹85,82,76,000, calculated by multiplying each published area by its published rate. The Reserve figures are arithmetic aids derived from those published inputs. Published plot area spans 983 to 15,894 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: ₹26,54,100–₹4,29,13,800 per plot, as printed by IDA. That deposit is not the whole cost: bidders should also budget for annual lease rent of ₹25 per m² for the first year and ₹3 per m² for subsequent years, as printed in the advertisement.

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 issued9 Sep 2026Advertisement 163 publishes the 4-plot inventory.IDA Indore
Online tender submission opens12 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 163
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 163
Technical tenders open7 Oct 2026, 11:30 AM ISTTechnical evaluation precedes qualification for live bidding.IDA advertisement 163
Proposed initial financial tender opening16 Oct 2026, 11:30 AM ISTIDA marks this financial opening as proposed; the qualified live e-auction follows on the dates below.IDA advertisement 163
Qualified bidders’ live e-auction23 Oct 2026, 11:30 AM–2:30 PM ISTOnly qualified bidders take part in the scheduled live session.IDA advertisement 163

All 4 plots in Scheme 136

The complete 4-plot notice schedule, with exact published areas, minimum rates and EMD. Reserve is BiddingPulse’s area × minimum-rate calculation. School is the use specified by IDA.

Advertisement 163

Which school plots are included?

4 plots are scheduled for qualified bidders on 23 Oct 2026, 11:30 AM–2:30 PM IST. Reserve is calculated from each published area × minimum rate.

Source records:
  • Notice serial 1 — School · Sector C corner · IDA location on Google Maps
  • Notice serial 2 — School · Sector A-1 corner · 4,142 m² · IDA location on Google Maps
  • Notice serial 3 — School · Sector B corner · IDA location on Google Maps
  • Notice serial 4 — School · A-1 corner · 15,894 m² · IDA location on Google Maps
View 4 plots
  • Notice serial 1

    School · Sector C corner

    Scheme 136 · School · reservation category not stated in this notice

    Plot area
    983 m²
    Minimum rate
    ₹54,000 per m²
    Calculated Reserve
    ₹5,30,82,000 (area × minimum rate)
    Published EMD (5%)
    ₹26,54,100
  • Notice serial 2

    School · Sector A-1 corner · 4,142 m²

    Scheme 136 · School · reservation category not stated in this notice

    Plot area
    4,142 m²
    Minimum rate
    ₹54,000 per m²
    Calculated Reserve
    ₹22,36,68,000 (area × minimum rate)
    Published EMD (5%)
    ₹1,11,83,400
  • Notice serial 3

    School · Sector B corner

    Scheme 136 · School · reservation category not stated in this notice

    Plot area
    5,014 m²
    Minimum rate
    ₹54,000 per m²
    Calculated Reserve
    ₹27,07,56,000 (area × minimum rate)
    Published EMD (5%)
    ₹1,35,37,800
  • Notice serial 4

    School · A-1 corner · 15,894 m²

    Scheme 136 · School · reservation category not stated in this notice

    Plot area
    15,894 m²
    Minimum rate
    ₹54,000 per m²
    Calculated Reserve
    ₹85,82,76,000 (area × minimum rate)
    Published EMD (5%)
    ₹4,29,13,800
Advertisement 163 · lease-rent columns

What does the lease cost beyond the premium?

The advertisement prints annual lease rent of ₹25 per m² for the first year and ₹3 per m² for subsequent years, in addition to the land premium.

Compare all 4 plots

Compare all 4 school plots in Scheme 136 by area, minimum rate, calculated Reserve and published EMD. The full records include IDA’s individual location links.

Official noticeadvertisement 163

Scheme 136 · School · reservation category not stated in this notice

4 plots
Compare all 4 plots — Scheme 136 · School · reservation category not stated in this notice
Plot · full detailsPlot areaMinimum rateReserveEMD
School · Sector C corner983 m²₹54,000 per m²₹5,30,82,000₹26,54,100
School · Sector A-1 corner · 4,142 m²4,142 m²₹54,000 per m²₹22,36,68,000₹1,11,83,400
School · Sector B corner5,014 m²₹54,000 per m²₹27,07,56,000₹1,35,37,800
School · A-1 corner · 15,894 m²15,894 m²₹54,000 per m²₹85,82,76,000₹4,29,13,800
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 163: Scheme 136 plots (PDF)1 page · Hindi · 4 plots, 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_534795_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: ₹26,54,100–₹4,29,13,800 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 23 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.
  • The advertisement has no reservation-category column. Verify eligibility in the selected tender record.

Check the linked official documents for the latest details before applying or paying.

Publication record

Every change dated · never silently rewritten
Expected 23 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 all 4 plots from advertisement 163, including the published prices, deposits and participation timetable.