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

Announced24 Aug 2026
ConcludedExpected 12 Oct 2026
Last verified13 Sep 2026
IDA IndoreE-tender submissions open

IDA Indore Scheme 51: 1,017 m² dispensary plot

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

Bidding opens 12 Oct 2026 at 11:30 AM IST. EMD ₹21,86,550. Online tender submission closes 21 Sep 2026, 6:00 PM IST.

1 plot1 schemeReserve ₹4,37,31,000Online tender submission by 21 Sep 2026

Key facts IDA Indore Scheme 51 dispensary plot e-auction

Authority
Indore Development Authority
Status
Submissions open
Plot
1
Location
Scheme 51, Indore, Madhya Pradesh
Qualified bidders’ live e-auction
12 Oct 2026, 11:30 AM–2:30 PM IST
Online tender submission closes
21 Sep 2026, 6:00 PM IST
EMD
₹21,86,550
Reserve
₹4,37,31,000
Official source
Madhya Pradesh e-Procurement portal (mptenders.gov.in)
Last verified
13 Sep 2026

Compiled from IDA Indore’s own advertisement 136. 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 136 offers 1 dispensary plot in Scheme 51 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 dispensary plot in Scheme 51, Indore, measuring 1,017 m². Submit the online tender before the qualifying deadline to take part in the scheduled October auction.

Online tender submissions open 31 Aug 2026, 3:00 PM IST and close 21 Sep 2026, 6:00 PM IST. Online bidding is scheduled for 12 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 ₹43,000 per square metre. It does not publish a separate per-plot rupee reserve total. For this plot, the Reserve is ₹4,37,31,000, 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 1,017 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: ₹21,86,550 per plot, as printed by IDA. That deposit is not the whole cost: bidders should also budget for annual lease rent of ₹16 per m² for the first year and ₹5 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 issued24 Aug 2026Advertisement 136 publishes the 1-plot inventory.IDA Indore
Online tender submission opens31 Aug 2026, 3:00 PM ISTSubmit the price offer and signed bidder documents on MP Tenders; pay EMD online from the bidder’s own account.IDA advertisement 136
Online tender submission closes21 Sep 2026, 6:00 PM ISTLast published moment to submit the online tender. The notice does not publish a separate EMD deadline.IDA advertisement 136
Technical tenders open23 Sep 2026, 11:30 AM ISTTechnical evaluation precedes qualification for live bidding.IDA advertisement 136
Proposed initial financial tender opening30 Sep 2026, 11:30 AM ISTIDA marks this financial opening as proposed; the qualified live e-auction follows on the dates below.IDA advertisement 136
Qualified bidders’ live e-auction12 Oct 2026, 11:30 AM–2:30 PM ISTOnly qualified bidders take part in the scheduled live session.IDA advertisement 136

The plot in Scheme 51

The complete 1-plot notice schedule, with exact published areas, minimum rates and EMD. Reserve is BiddingPulse’s area × minimum-rate calculation. Dispensary is the use specified by IDA.

Advertisement 136 and IDA’s linked tender book

What needs clarification in the IDA documents?

IDA’s Scheme 51 advertisement identifies the dispensary plot and its timetable. The NIT link alongside it currently opens the Scheme 97 Part 4 school tender book for advertisement 138. Those school-specific conditions do not establish this dispensary’s terms. Obtain the matching Scheme 51 tender book from IDA or MP Tenders before committing funds.

Advertisement 136

Which dispensary plots are included?

1 plot is scheduled for qualified bidders on 12 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

    Dispensary plot

    Scheme 51 · Dispensary · General

    Plot area
    1,017 m²
    Minimum rate
    ₹43,000 per m²
    Calculated Reserve
    ₹4,37,31,000 (area × minimum rate)
    Published EMD (5%)
    ₹21,86,550
Advertisement 136 · lease-rent columns

What does the lease cost beyond the premium?

The advertisement prints annual lease rent of ₹16 per m² for the first year and ₹5 per m² for subsequent years, in addition to the land premium.

Plot details

Dispensary plot is the single plot in this notice. The figures below refer to that same plot.

Official noticeadvertisement 136

Scheme 51 · Dispensary · General

1 plot
Plot detailsScheme 51 · Dispensary · General
Plot · full detailsPlot areaMinimum rateReserveEMD
Dispensary plot1,017 m²₹43,000 per m²₹4,37,31,000₹21,86,550
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: ₹21,86,550 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 21 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 12 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 12 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 136, including the published prices, deposits and participation timetable.