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

Announced2 Sep 2026
ConcludedExpected 22 Oct 2026
Last verified13 Sep 2026
IDA IndoreAnnounced · notice 2 Sep 2026

IDA Indore Scheme 74: two school plots in Sectors C and D

Land designated for 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 ₹1,59,60,175–₹2,08,32,275. Online tender submission closes 5 Oct 2026, 6:00 PM IST.

2 plots1 schemeReserve totals ₹31,92,03,500 – ₹41,66,45,500Online tender submission by 5 Oct 2026

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

Key facts IDA Indore Scheme 74 school plots e-auction

Authority
Indore Development Authority
Status
Upcoming
Plots
2 across 1 scheme
Location
Scheme 74, 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
₹1,59,60,175 – ₹2,08,32,275
Reserve range
₹31,92,03,500 – ₹41,66,45,500
Official source
Madhya Pradesh e-Procurement portal (mptenders.gov.in)
Last verified
13 Sep 2026

Compiled from IDA Indore’s own advertisement 149. BiddingPulse is independent research, not affiliated with IDA Indore; registration, payment and bidding happen on the official source.

On the numbers

What “2 plots” means

What the IDA Indore official auction materials say

IDA advertisement 149 offers 2 school plots in Scheme 74 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

This page covers 2 plots across 1 scheme in Scheme 74, Indore.

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 ₹50,000 per square metre. It does not publish a separate per-plot rupee reserve total. Across these 2 plots, Reserve totals run from ₹31,92,03,500 – ₹41,66,45,500, 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 6,384.07 to 8,332.91 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: ₹1,59,60,175–₹2,08,32,275 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 issued2 Sep 2026Advertisement 149 publishes the 2-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 149
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 149
Technical tenders open7 Oct 2026, 11:30 AM ISTTechnical evaluation precedes qualification for live bidding.IDA advertisement 149
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 149
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 149

All 2 plots in Scheme 74

The complete 2-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 149

Which school plots are included?

2 plots are 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 2 plots
  • Notice serial 1

    School · Sector C

    Scheme 74 · School · General

    Plot area
    8,332.91 m²
    Minimum rate
    ₹50,000 per m²
    Calculated Reserve
    ₹41,66,45,500 (area × minimum rate)
    Published EMD (5%)
    ₹2,08,32,275
  • Notice serial 2

    School · Sector D

    Scheme 74 · School · General

    Plot area
    6,384.07 m²
    Minimum rate
    ₹50,000 per m²
    Calculated Reserve
    ₹31,92,03,500 (area × minimum rate)
    Published EMD (5%)
    ₹1,59,60,175
Advertisement 149 · 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 2 plots

Compare all 2 school plots in Scheme 74 by area, minimum rate, calculated Reserve and published EMD. The full records include IDA’s individual location links.

Official noticeadvertisement 149

Scheme 74 · School · General

2 plots
Compare all 2 plots — Scheme 74 · School · General
Plot · full detailsPlot areaMinimum rateReserveEMD
School · Sector C8,332.91 m²₹50,000 per m²₹41,66,45,500₹2,08,32,275
School · Sector D6,384.07 m²₹50,000 per m²₹31,92,03,500₹1,59,60,175
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 149: Scheme 74 plots (PDF)1 page · Hindi · 2 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_532140_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: ₹1,59,60,175–₹2,08,32,275 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 all 2 plots from advertisement 149, including the published prices, deposits and participation timetable.