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IDA Indore Scheme 141: residential-cum-commercial local-shop plot
Land designated for residential-cum-commercial (local shop) use, offered with Bhumiswami rights through an online tender followed by a qualified live auction.
First seen · Updated · Marked concluded 14 Oct 2026 — kept as a dated record · Source: IDA Indore linked official auction materials
Concluded record. BiddingPulse marked this record concluded on 14 Oct 2026. MP Tenders, where the Scheme 141 local-shop plot was tendered, still showed tender 2026_DTCP_532112_1 as “To be opened” on 14 October, with no technical or financial opening and no award recorded, although technical tenders were due to open on 23 September and the live auction was set for 13 October. IDA has published no postponement, cancellation, result or re-advertisement for the plot. Status is set to concluded as an editorial decision in the absence of that evidence. Whether the auction was held, and any bids, allotment or price, remain unverified. 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 141 local-shop 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 137 offers 1 residential-cum-commercial (local shop) plot in Scheme 141 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 residential-cum-commercial (local shop) plot in Scheme 141, Indore, measuring 3,220.72 m².
Online tender submissions were scheduled from 31 Aug 2026, 2:00 PM IST to 21 Sep 2026, 6:00 PM IST. Online bidding was scheduled for 13 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 ₹2,00,000 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 ₹64,41,44,000. The published plot area is 3,220.72 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: ₹3,22,07,200 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
24 Aug 2026
Advertisement 137 publishes the 1-plot inventory.
IDA Indore
Online tender submission opens
31 Aug 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 137
Online tender submission closes
21 Sep 2026, 6:00 PM IST
Last published moment to submit the online tender. The notice does not publish a separate EMD deadline.
IDA advertisement 137
Technical tenders open
23 Sep 2026, 11:30 AM IST
Technical evaluation precedes qualification for live bidding.
IDA advertisement 137
Proposed initial financial tender opening
30 Sep 2026, 11:30 AM IST
IDA marks this financial opening as proposed; the qualified live e-auction follows on the dates below.
IDA advertisement 137
Qualified bidders’ live e-auction
13 Oct 2026, 11:30 AM–2:30 PM IST
Only qualified bidders take part in the scheduled live session.
IDA advertisement 137
The plot in Scheme 141
The complete 1-plot notice schedule, with exact published areas, minimum rates and EMD. Reserve is BiddingPulse’s area × minimum-rate calculation. Residential-cum-commercial (local shop) is the use specified by IDA.
Advertisement 137
Which residential-cum-commercial (local shop) plots are included?
1 plot is scheduled for qualified bidders on 13 Oct 2026, 11:30 AM–2:30 PM IST. Reserve is calculated from each published area × minimum rate.
Source records:
Notice serial 1 — Residential-cum-commercial (local shop) · IDA location on Google Maps
Notice serial 1
Residential-cum-commercial (local shop)
Scheme 141 · Residential-cum-commercial (local shop) · General
A valid Class 3 Digital Signature Certificate is required. The tender book lists no tender-form fee. Live bidding starts from the highest initial financial tender; the portal sets the minimum increment and may extend the auction, with no maximum extension published in the book. The final bid remains subject to IDA approval.
Tender book · Part III, clauses 2.2–2.7; Part IV, financial terms
What follows a successful bid?
The book requires the first 25% of the accepted premium, including the adjusted 5% EMD, and the agreement within 30 days of the reservation letter. The general terms give four months from that letter, including the first 30 days, for the remaining 75%; the scheme-specific table refers payment to the allotment letter. Instalments require an application and approval under the applicable rules. Default can cancel the reservation and forfeit EMD; possession follows full payment. Confirm the binding payment schedule in the reservation and allotment letters.
Plot details
Residential-cum-commercial (local shop) is the single plot in this notice. The figures below refer to that same plot.
BiddingPulse marked this record concluded on 14 Oct 2026. MP Tenders, where the Scheme 141 local-shop plot was tendered, still showed tender 2026_DTCP_532112_1 as “To be opened” on 14 October, with no technical or financial opening and no award recorded, although technical tenders were due to open on 23 September and the live auction was set for 13 October. IDA has published no postponement, cancellation, result or re-advertisement for the plot. Status is set to concluded as an editorial decision in the absence of that evidence. Whether the auction was held, and any bids, allotment or price, remain unverified. These official sources remain for reference and record-keeping; BiddingPulse does not publish outcomes.
5% of the area × minimum-rate amount: ₹3,22,07,200 per plot, as printed by IDA. The property-specific amount belonged to this historical round; this record is not a payment instruction.
Why is this IDA Indore auction record marked concluded?
Bidding was scheduled for 13 Oct 2026, 11:30 AM–2:30 PM IST; the notice set Online tender submission closes — 21 Sep 2026, 6:00 PM IST. Only qualified bidders take part in the scheduled live session. The printed end time was therefore not guaranteed to be the final close. BiddingPulse marked this record concluded on 14 Oct 2026. MP Tenders, where the Scheme 141 local-shop plot was tendered, still showed tender 2026_DTCP_532112_1 as “To be opened” on 14 October, with no technical or financial opening and no award recorded, although technical tenders were due to open on 23 September and the live auction was set for 13 October. IDA has published no postponement, cancellation, result or re-advertisement for the plot. Status is set to concluded as an editorial decision in the absence of that evidence. Whether the auction was held, and any bids, allotment or price, remain unverified.
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 full tender book’s scheme-specific conditions take precedence over its general terms; later amendments take precedence over both. Check the selected tender record for current auction parameters and any applicable taxes or charges.
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
14 Oct 2026
Marked concluded after source review
At 9:47 PM IST on 14 October, MP Tenders still showed tender 2026_DTCP_532112_1 for the Scheme 141 local-shop plot as “To be opened”, with no technical opening, financial opening or award recorded. The advertisement set technical tenders to open on 23 September and the live auction for 13 October, 11:30 AM–2:30 PM IST. IDA has published no postponement, cancellation, result or re-advertisement for the plot. With the auction date past, BiddingPulse has set this record to concluded as an editorial decision in the absence of confirmation. Whether the auction was held, and any bids, allotment or price, remain unverified; ask IDA before relying on it.