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

Announced20 Aug 2026
Final close unconfirmedScheduled close 1 Oct 2026 · may extend
Last verified13 Sep 2026
IDA IndoreE-tender submissions open

IDA Indore Scheme 151-169-B: commercial plot 41-C, Super Corridor

Land designated for super corridor commercial use, offered with Bhumiswami rights through an online tender followed by a qualified live auction.

Bidding opens 1 Oct 2026 at 11:30 AM IST. EMD ₹85,37,750. Online tender submission closes 15 Sep 2026, 6:00 PM IST.

1 plot1 schemeReserve ₹17,07,55,000Online tender submission by 15 Sep 2026

Key facts IDA Indore Scheme 151-169-B plot 41-C e-auction

Authority
Indore Development Authority
Status
Submissions open
Plot
1
Location
Scheme 151-169-B, Indore, Madhya Pradesh
Qualified bidders’ live e-auction
1 Oct 2026, 11:30 AM–2:30 PM IST
Online tender submission closes
15 Sep 2026, 6:00 PM IST
EMD
₹85,37,750
Reserve
₹17,07,55,000
Official source
Madhya Pradesh e-Procurement portal (mptenders.gov.in)
Last verified
13 Sep 2026

Compiled from IDA Indore’s own advertisement 133. 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 133 offers 1 super corridor plot in Scheme 151-169-B through tender-cum-auction. It publishes areas, minimum rates, EMD and a qualifying tender window before live bidding. The matching tender book specifies Super Corridor (commercial) use.

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 super corridor commercial plot in Scheme 151-169-B, Indore: 41-C · 30-metre major road + corner, measuring 2,627 m². Submit the online tender before the qualifying deadline to take part in the scheduled October auction.

Online tender submissions open 22 Aug 2026, 11:30 AM IST and close 15 Sep 2026, 6:00 PM IST. Online bidding is scheduled for 1 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 ₹65,000 per square metre. It does not publish a separate per-plot rupee reserve total. For this plot, the Reserve is ₹17,07,55,000, 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 2,627 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: ₹85,37,750 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 issued20 Aug 2026Advertisement 133 publishes the 1-plot inventory.IDA Indore
Online tender submission opens22 Aug 2026, 11:30 AM ISTSubmit the price offer and signed bidder documents on MP Tenders; pay EMD online from the bidder’s own account.IDA advertisement 133
Online tender submission closes15 Sep 2026, 6:00 PM ISTLast published moment to submit the online tender. The notice does not publish a separate EMD deadline.IDA advertisement 133
Technical tenders open17 Sep 2026, 11:30 AM ISTTechnical evaluation precedes qualification for live bidding.IDA advertisement 133
Proposed initial financial tender opening24 Sep 2026, 11:30 AM ISTIDA marks this financial opening as proposed; the qualified live e-auction follows on the dates below.IDA advertisement 133
Qualified bidders’ live e-auction1 Oct 2026, 11:30 AM–2:30 PM ISTOnly qualified bidders take part in the scheduled live session.IDA advertisement 133

The plot in Scheme 151-169-B

The complete 1-plot notice schedule, with exact published areas, minimum rates and EMD. Reserve is BiddingPulse’s area × minimum-rate calculation. The tender book specifies Super Corridor (commercial) use.

IDA tender book · Part I §2, p. 6; Part IV §1.2, p. 61

What use is specified for this plot?

IDA’s tender book designates the plot Super Corridor (commercial). Permitted activities must follow Indore Development Plan 2021 and the tender’s development and building-approval conditions. “General” is the reservation category.

Advertisement 133

Which super corridor commercial plots are included?

1 plot is scheduled for qualified bidders on 1 Oct 2026, 11:30 AM–2:30 PM IST. Reserve is calculated from each published area × minimum rate.

Source records:
  • Notice serial 1 — 41-C · 30-metre major road + corner · IDA location on Google Maps
View 1 plot
  • Notice serial 1

    41-C · 30-metre major road + corner

    Scheme 151-169-B · Super Corridor (commercial) · Reservation: General

    Land use
    Super Corridor (commercial)
    Reservation category
    General
    Plot area
    2,627 m²
    Minimum rate
    ₹65,000 per m²
    Calculated Reserve
    ₹17,07,55,000 (area × minimum rate)
    Published EMD (5%)
    ₹85,37,750
IDA advertisement 133

Where is the plot?

41-C · 30-metre major road + corner · Scheme 151-169-B, Indore.

Tender book · summary and bidder instructions

What does the full tender book require?

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

IDA’s tender book specifies Super Corridor (commercial) use. Permitted activities must follow Indore Development Plan 2021 and the tender’s development and building-approval conditions.

Official noticeadvertisement 133

Scheme 151-169-B · Super Corridor (commercial) · Reservation: General

1 plot
Plot detailsScheme 151-169-B · Super Corridor (commercial) · Reservation: General
Plot · full detailsPlot areaMinimum rateReserveEMD
41-C · 30-metre major road + corner2,627 m²₹65,000 per m²₹17,07,55,000₹85,37,750
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.

Practical questions

How much earnest money (EMD) is required?
5% of the area × minimum-rate amount: ₹85,37,750 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 15 Sep 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 1 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 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 before applying or paying.

Publication record

Every change dated · never silently rewritten
1 Oct 2026 (scheduled close)
Scheduled close — subject to extensions
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 133, including the published prices, deposits and participation timetable.