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

Announced15 Sep 2026
Proposal submission (MSTC document upload) closes27 Nov 2026
Two e-auction sessions10 and 24 Dec 2026
Scheduled close24 Dec 2026 · may extend
Last verified26 Oct 2026
IICCE-tender submissions open

IICC Dwarka: seven office plots and one retail plot at Yashobhoomi

Seven office plots and one retail plot at Yashobhoomi, Dwarka, on long-term sub-lease from a Government of India company. Reserve Prices run from ₹199.1 crore to ₹648.4 crore per plot, with four of them bid together as one ₹1,399 crore Block. MSTC accepts Technical Proposals until 27 November 2026, 11:59:59 PM IST; the auctions follow on 10 and 24 December.

Proposal submission (MSTC document upload) closes 27 Nov 2026, 11:59:59 PM IST. Bidding opens 10 Dec 2026 at 11:00 AM IST. Bid security ₹3.98–12.97 Cr.

8 plots2 routes to auctionReserve ₹199.10 Cr – ₹648.40 CrProposal submission (MSTC document upload) by 27 Nov 2026

Key facts IICC Office & retail plots — Dec 2026 e-auction

Authority
India International Convention & Exhibition Centre Limited
Status
Submissions open
Plots
8 across 2 routes to auction
Location
Dwarka, New Delhi, Delhi
Two e-auction sessions
Block e-auction10 Dec 2026, 11:00 AM – 1:00 PM ISTPlot-wise e-auction24 Dec 2026, 11:00 AM – 1:00 PM IST
Proposal submission (MSTC document upload) closes
27 Nov 2026, 11:59:59 PM IST
Bid security per plot
₹3.98 Cr – ₹12.97 Cr; Block lot ₹28 Cr separately
Reserve price range per plot
₹199.10 Cr – ₹648.40 Cr; Block lot ₹1,399 Cr separately
Official source
MSTC e-Bidding portal — IICC (www.mstcecommerce.com)
Last verified
26 Oct 2026

Compiled from IICC’s linked official materials. BiddingPulse is independent research, not affiliated with IICC; registration, payment and bidding happen on the official source.

On the numbers

What “8 plots” means

What the IICC official auction materials say

IICC Ltd’s September 2026 RFP offers seven office plots and one retail plot at Yashobhoomi, Dwarka Sector 25, on long-term sub-lease. Four plots are bid individually, and four are bid together as one consolidated Block with a plot-wise fallback. The original RFP scheduled 26 October proposals and 6/19 November auctions; current MSTC catalogues instead publish 27 November proposal submission through document upload and 10/24 December auctions.

What BiddingPulse covers

This page covers all eight plots in the RFP, with the Reserve Price, Bid Security, net-worth bar, ground coverage and permitted FAR each one publishes, and the two routes to auction kept apart so the same land is not counted twice. It also sets out the payment stages, recurring charges and forfeiture terms behind the bid, and flags where the RFP and its draft agreements disagree. We link IICC’s own documents so every figure can be checked at source.

Auction summary

Source: IICC linked official auction materials

This page covers 8 plots across 2 routes to auction in Dwarka, New Delhi.

Technical Proposals through MSTC’s document upload close 27 November 2026, 11:59:59 PM IST, with Bid Security credited before submission. MSTC schedules the Block for 10 December and individual events for 24 December, both 11 AM–1 PM IST, subject to extensions and the Block fallback conditions. IICC’s own tender page has no matching extension notice; confirm with IICC before paying.

The notice publishes two main amounts for every plot. The first is the reserve price — the authority’s published floor. Confirm the price-offer and evaluation rules in the current tender documents before submitting. Across these 8 plots, the reserve runs from ₹199.10 Cr to ₹648.40 Cr. Published areas span Ground coverage: 1,968–8,622 sq m per plot; Total permissible FAR: 17,326–64,242 sq m per plot; Block: 17,664 sq m ground coverage and 1,33,248 sq m FAR across its four plots. The reserve is the floor the linked official auction materials set; it is not evidence of a final or accepted price. The second number is the Bid Security. It is a separate amount for each plot, set in Annexure-C, from ₹3.98 crore on plots 12 and 15 to ₹12.97 crore on plot 29. The Block carries its own ₹28 crore figure, which is not the sum of its four plots. MSTC’s catalogues print the same amounts under the heading Pre-Bid EMD. Unsuccessful bidders request their Bid Security back through the “EMD Refund Request” link in their MSTC buyer login. Clause 2.3.2 says refunds are processed within 2–3 working days, while Section 4 says on the next working day; no interest is paid. Section 4 opens that link between 6:00 AM and 12:05 PM IST on the day after the auction closes, so verified bank details and a cancelled cheque should already be uploaded. A winner does not get it back as cash: on a plot bought on its own it is set against the second payment stage, and on the Block it is spread across the four plots against the first half-yearly instalment. If the Block sells, individual bids on those four plots lapse and their Bid Security is refunded. These two are not the whole cost: a bidder also budgets for a non-refundable RfP Processing Fee of ₹1,00,000 plus 18% GST, which must accompany the proposal — a proposal without it is liable to be rejected, MSTC’s one-time buyer registration of ₹10,000 plus 18% GST (₹11,800), payable after login; complete registration before submitting the Technical Proposal, External Development Charges of ₹440 per sq ft of the plot’s Total FAR, payable upfront when the sub-lease agreement is signed, monthly Common Area Maintenance on Total FAR at ₹1.9 per sq ft during construction and ₹6.0 per sq ft in operation for 2026, escalating 5–10%, plus monthly Centralised Services Charges of a tentative ₹13.40 per sq ft and actual consumption, and Annual Lease Rent of ₹1 per sq m of permitted FAR each year, stamp duty, registration and legal costs, and GST and other taxes on the Lease Premium and all of the above.

Use the notice and bidder portal links below to check the latest details and register.

Auction timeline

Source: IICC linked official auction materials
StageDate & timeWhat it meansSource
RFP issued15 Sep 2026IICC published the RFP and both draft sub-lease agreements on its own tender page.IICC tender page; RFP clause 2.14
Proposal submission and document upload open15 Sep 2026MSTC opens bidder document upload the same day the RFP is issued.MSTC catalogue upload window; RFP 2.14
Pre-proposal (pre-bid) meeting25 Sep 2026, 10:00 AM ISTThis is a hybrid meeting at Yashobhoomi, Sector 25, Dwarka. Online participants can use the Zoom details in IICC’s 22 September notice. Email queries to iiccdwarka@nicdc.in one day before the 25 September meeting (24 September). The RFP asks bidders to notify IICC in writing and by email beforehand, limits attendance to two representatives per bidder, and requires a signed authorisation letter. Neither meeting notice explains how online attendees submit that letter; confirm the method with IICC.RFP 2.2.3, 2.12, 2.14; IICC 19 & 22 Sep notices
IICC answers bidder queries5 Oct 2026The date IICC intends to publish its responses to clarification requests.RFP clause 2.14
Proposal submission (MSTC document upload) closes27 Nov 2026, 11:59:59 PM ISTTechnical Proposals are submitted through this MSTC upload, with Bid Security already credited to the bidder’s MSTC EMD ledger (RFP 2.6.1 and Section 4). The current seller catalogues extend the proposal cutoff from 26 October to this date. IICC’s own tender page has no matching extension notice; confirm with IICC before paying.Nine current MSTC catalogues
Two e-auction sessions10 and 24 Dec 2026, 11:00 AM – 1:00 PM ISTThe Block of plots 19, 20, 22 and 23 is bid as one lot on 10 December; plots 12, 15, 25 and 29 are bid plot by plot on 24 December, joined by the Block plots only if the Block route fails: no Block bid, no technically qualified Block bidder, or no Block e-auction concluded above its ₹1,399 crore Reserve Price. A bid in the last eight minutes extends that session by eight minutes from the bid, repeatedly, with no published cap.MSTC dates; RFP 2.1.21 and Section 4

The eight plots, the two routes and what a winner pays

IICC is offering eight development plots at Yashobhoomi on a long-term sub-lease — seven for offices and one for retail. Four are bid plot by plot; the other four are bid together as one Block. MSTC accepts Technical Proposals until 27 November 2026, 11:59:59 PM IST, followed by the two December sessions.

All nine MSTC catalogues checked 26 October; RFP 2.2.2, 2.5.3, 2.6.1, 2.6.5 and Section 4 (PDF pp. 18, 23, 26, 54–56); IICC current tenders and archives

What changed in the December timetable?

MSTC now schedules the Block on 10 December and the individual events on 24 December, both 11:00 AM–1:00 PM IST, subject to extensions. Technical Proposals must be submitted through MSTC’s document upload by 27 November at 11:59:59 PM IST, with Bid Security credited beforehand. These replace the catalogue’s 6 and 19 November sessions and 26 October upload cutoff. IICC’s accessible tender and archive records still link the September RFP; no matching extension was located there. Revised technical-opening dates, the inspection period and treatment of Bid Security already paid are not confirmed. Obtain IICC’s current instructions before committing funds.

RFP clauses 1.1.6, 1.1.8 and 2.1.9(iii), (vii); draft agreements clauses 4.2.2 and 5.2.2

What is actually being sold here?

A long-term sub-lease, not ownership. The winning bidder designs, finances, builds, operates and maintains the plot, and must obtain the Occupation Certificate for the full permitted FAR within five years of signing. IICC may allow up to two more years on an Extension Fee: the draft agreement specifies 1%, 1.5%, 2% and 2.5% of the Lease Premium for successive six-month periods. No fee applies to delay caused by IICC or force majeure. The sub-lease runs up to 06 March 2117, within IICC Ltd's own 99-year lease of the land from DPIIT dated 8 March 2018. At the end of the term, the plot and everything built on it transfer back to IICC with no payment to the developer.

RFP clauses 2.1.20–2.1.21; Annexure-C (PDF p61)

Why does the Block appear both as one lot and as four separate plots?

Because the second is a fallback, not extra stock. Plots 19, 20, 22 and 23 are offered as a single Block on 10 December 2026. They reach separate plot-wise events on 24 December 2026 only if the Block route fails: no Block bid, no technically qualified Block bidder, or no Block e-auction concluded above its ₹1,399 crore Reserve Price. The four individually-offered plots — 12, 15, 25 and 29 — run on 24 December either way. Annexure-C gives the Block its own line: ₹1,399 crore Reserve Price, ₹28 crore Bid Security and a ₹601 crore net-worth requirement; these three differ from the sum of the four plots. Its 1,33,248 sq m of permissible FAR and 17,664 sq m of ground coverage are the sums. The plot table above lists eight physical plots only; adding the overlapping Block as a ninth plot would double-count the same land. Its catalogue is linked with the other eight under the official documents.

RFP Annexure-C (PDF p61); clauses 2.3.1, 2.5.9 and 2.7.10

Which plots are offered, and at what floor price?

Annexure-C sets a Total Reserve Price, a Bid Security and a net-worth requirement for each plot. Bidding starts above the Reserve Price; a bid at or below it is not permitted. Plot 29 is the only retail plot and the largest single plot on offer. The Block has its own Reserve Price, Bid Security and net-worth requirement: ₹1,399 crore versus ₹1,398.6 crore for the four plots separately; ₹28 crore versus ₹27.98 crore of Bid Security; and ₹601 crore versus ₹600.64 crore of net worth. Its ground coverage and permissible FAR do equal the four plots added together. Use the Block's published money and qualification figures, not addition.

Source records:
View 8 plots
  • Plot 12 · MSTC Auction ID 600653

    Plot 12 · Office

    Offered individually · e-auction 24 December 2026

    Total Reserve Price
    ₹199.1 crore · the floor to bid above, not a valuation
    Bid Security
    ₹3.98 crore · MSTC lists the same figure as Pre-Bid EMD
    Net worth required
    ₹82.41 crore · Annexure-C sets this per plot
    Ground coverage
    1,968 sq m
    Total permissible FAR
    17,326 sq m
    MSTC auction number
    MSTC/NRO/india international convention and exhibition centre limited/8/Plot No 12/New Delhi/26-27/29617
  • Plot 15 · MSTC Auction ID 600655

    Plot 15 · Office

    Offered individually · e-auction 24 December 2026

    Total Reserve Price
    ₹199.1 crore · the floor to bid above, not a valuation
    Bid Security
    ₹3.98 crore · MSTC lists the same figure as Pre-Bid EMD
    Net worth required
    ₹82.41 crore · Annexure-C sets this per plot
    Ground coverage
    1,968 sq m
    Total permissible FAR
    17,326 sq m
    MSTC auction number
    MSTC/NRO/india international convention and exhibition centre limited/9/Plot No 15/New Delhi/26-27/29619
  • Plot 25 · MSTC Auction ID 600660

    Plot 25 · Office

    Offered individually · e-auction 24 December 2026

    Total Reserve Price
    ₹299.5 crore · the floor to bid above, not a valuation
    Bid Security
    ₹5.99 crore · MSTC lists the same figure as Pre-Bid EMD
    Net worth required
    ₹127.93 crore · Annexure-C sets this per plot
    Ground coverage
    3,648 sq m
    Total permissible FAR
    28,163 sq m
    MSTC auction number
    MSTC/NRO/india international convention and exhibition centre limited/14/ Plot No 25/New Delhi/26-27/29624
  • Plot 29 · MSTC Auction ID 600661

    Plot 29 · Retail

    Offered individually · e-auction 24 December 2026

    Total Reserve Price
    ₹648.4 crore · the floor to bid above, not a valuation
    Bid Security
    ₹12.97 crore · MSTC lists the same figure as Pre-Bid EMD
    Net worth required
    ₹248.54 crore · Annexure-C sets this per plot
    Ground coverage
    8,622 sq m
    Total permissible FAR
    64,242 sq m
    MSTC auction number
    MSTC/NRO/india international convention and exhibition centre limited/15/ Plot No 29/New Delhi/26-27/29625
  • Plot 19 · MSTC Auction ID 600656

    Plot 19 · Office

    Runs on 24 December 2026 only if the Block route fails

    Total Reserve Price
    ₹354.8 crore · the floor to bid above, not a valuation
    Bid Security
    ₹7.1 crore · MSTC lists the same figure as Pre-Bid EMD
    Net worth required
    ₹152.35 crore · Annexure-C sets this per plot
    Ground coverage
    4,416 sq m
    Total permissible FAR
    33,792 sq m
    MSTC auction number
    MSTC/NRO/india international convention and exhibition centre limited/10/Plot No 19/ New Delhi/26-27/29620
  • Plot 20 · MSTC Auction ID 600657

    Plot 20 · Office

    Runs on 24 December 2026 only if the Block route fails

    Total Reserve Price
    ₹344.5 crore · the floor to bid above, not a valuation
    Bid Security
    ₹6.89 crore · MSTC lists the same figure as Pre-Bid EMD
    Net worth required
    ₹147.97 crore · Annexure-C sets this per plot
    Ground coverage
    4,416 sq m
    Total permissible FAR
    32,832 sq m
    MSTC auction number
    MSTC/NRO/india international convention and exhibition centre limited/11/Plot No 20/New Delhi/26-27/29621
  • Plot 22 · MSTC Auction ID 600658

    Plot 22 · Office

    Runs on 24 December 2026 only if the Block route fails

    Total Reserve Price
    ₹354.8 crore · the floor to bid above, not a valuation
    Bid Security
    ₹7.1 crore · MSTC lists the same figure as Pre-Bid EMD
    Net worth required
    ₹152.35 crore · Annexure-C sets this per plot
    Ground coverage
    4,416 sq m
    Total permissible FAR
    33,792 sq m
    MSTC auction number
    MSTC/NRO/india international convention and exhibition centre limited/12/Plot No 22/New Delhi/26-27/29622
  • Plot 23 · MSTC Auction ID 600659

    Plot 23 · Office

    Runs on 24 December 2026 only if the Block route fails

    Total Reserve Price
    ₹344.5 crore · the floor to bid above, not a valuation
    Bid Security
    ₹6.89 crore · MSTC lists the same figure as Pre-Bid EMD
    Net worth required
    ₹147.97 crore · Annexure-C sets this per plot
    Ground coverage
    4,416 sq m
    Total permissible FAR
    32,832 sq m
    MSTC auction number
    MSTC/NRO/india international convention and exhibition centre limited/13/Plot No 23/New Delhi/26-27/29623
IICC Archives: 16 Dec 2019 office-complex RFP; tender page: Annexure-C of the Aug/Dec 2025, May/Sep 2026 RFPs, 11 Dec 2025 withdrawal notice and 24 Jun 2026 pre-bid reply (checked 23 Sep 2026)

Have these plots been offered before?

Most of them, yes. IICC’s 2019 office-complex RFP covered plots 19, 20, 22 and 23 together. Three more RFPs preceded this round: 27 August 2025 (12 plots), 15 December 2025 (11), and 18 May 2026 (three office plots — 12, 13 and 15). Seven of this round’s eight plots appeared in the 2025 rounds: six at the same Total Reserve Price, while plot 15 rose from ₹199.0 crore to ₹199.1 crore (its net-worth requirement rose from ₹82.39 crore to ₹82.41 crore). Plot 29 is offered here for the first time. IICC’s 11 December 2025 notice withdrew plots 12, 13, 17 and 26 from the August 2025 e-auction and closed that RFP for them; its 24 June 2026 reply says plot 17 “has already been auctioned”. Those are the earlier outcomes we can establish. The archive does not state a result for the 2019 office-complex tender.

RFP clauses 2.1.9(i), (xii), 2.1.14(ii), 2.5.9, 2.8, 2.9.1–2.9.2, 2.11.1–2.11.2; Section 4 item 8

What happens to the Bid Security if a winner pulls out?

A winning bidder who withdraws during offer validity or fails to honour the offer risks forfeiting Bid Security; IICC may invite the next-highest bidder if it matches the winning Lease Premium. If the selected bidder does not sign and return the Letter of Allotment within seven days, IICC may forfeit the entire Bid Security — ₹12.97 crore on plot 29 or ₹28 crore on the Block. For an individual plot, a missed payment stage can cancel the allotment; for the Block, that RFP remedy applies to its first 30% payment, while later instalment defaults follow each plot’s agreement. IICC may forfeit Bid Security only if still held on the default date and a first-stage payment only if actually paid. Failure to execute the agreement in time can forfeit Bid Security and payments already made; an exceptional extension costs 0.15% a year of the plot’s Lease Premium, calculated daily. IICC forfeits Bid Security for a Prohibited Practice during selection (2.11.1). A bidder or developer it finds to have engaged in one is barred from IICC tenders for two years from that finding; after allotment, IICC also forfeits all Lease Premium and other payments made on the plot up to cancellation or termination (2.11.2). Clause 2.1.14(ii) separately permits a stated-term or indefinite bar for corrupt or fraudulent practices.

RFP clause 2.1.9(iv), (viii)(a)–(e); Annexure-D (PDF pp62–63)

What does the winner pay beyond the bid?

Several charges sit on top of the Lease Premium. External Development Charges are ₹440 per sq ft of the plot’s Total FAR, payable upfront when the agreement is signed. Common Area Maintenance is charged monthly on Total FAR: ₹1.9 per sq ft during construction and ₹6.0 per sq ft in operation at the 2026 rate, escalating 5–10% by industry norms. Centralised Services Charges are a tentative ₹13.40 per sq ft a month plus actual consumption. Annual Lease Rent is ₹1 per sq m of permitted FAR each year. GST and other taxes are extra, and the quoted Lease Premium excludes tax. Stamp duty, registration and legal costs are the developer’s.

RFP Annexure-D, paragraph 1; clauses 2.1.9(ii), 2.1.22 and 2.3.2

When is the money due?

The two routes differ sharply. For a plot bought on its own, 30% of the Lease Premium falls due within 30 days of the Letter of Allotment and the balance 70% within 180 days, with the Bid Security set against that second stage; the sub-lease is then executed within 30 days of full payment. For the Block, 30% of the aggregate premium falls due within 90 days of the Letter of Allotment, after which each of the four plots is sub-leased under its own registered agreement, and the remaining 70% is spread over six half-yearly instalments across three years carrying 10% a year simple interest on the outstanding balance. Late payment, where an extension is allowed at all, is charged at the higher of 12% a year or SBI MCLR plus 2%.

RFP clauses 2.1.2–2.1.5 and 2.4; Annexure-C (PDF p61); clauses 2.1.17(iv), 2.1.20, 2.1.23, 2.4, 2.5.12 and 2.7.10; MSTC catalogues for 11:00–13:00 IST

Who can bid, and how does the auction close?

The RFP invites legal entities in India and abroad, individually or in a consortium; eligible Funds must be registered in India. A selected consortium must incorporate an Indian special-purpose company with its registered office in Delhi NCR, with at least 51% held by its lead member. A selected single entity may request a waiver of the company requirement; approval is not automatic. The RFP does not establish a route for a private individual buying a home. Only bidders found technically qualified by IICC may take part in the live e-auction. Annexure-C sets a net-worth requirement for each plot — from ₹82.41 crore on plots 12 and 15 to ₹601 crore for the Block; eligible Funds may instead demonstrate Available Capital for Investment (ACI). For multiple plots or a Block plus plots, the requirements add up cumulatively, using the Block’s published ₹601 crore rather than its constituent plots added separately. Proposals must stay valid for at least 180 days. Duplicate proposals for the same plot are barred, except that a Block bid may coexist with individual bids for its constituent plots under clause 2.1.23. Registration, PAN/GST checks, the proposal documents, processing fee and Bid Security are required; account registration alone does not qualify a bidder. Bidding moves in multiples of ₹10 lakh. A bid received in the last eight minutes pushes the close out by eight minutes from that bid, repeatedly, so the catalogue’s 1:00 PM IST close is scheduled, not final. If only one bidder qualifies, IICC may run the auction with that bidder or cancel the process.

RFP cover (PDF p1), clauses 1.3, 2.1.10 and Section 4; IICC tender page and MSTC IICC e-bidding page, checked 23 Sep 2026

Where do documents and bidding actually happen?

Take the documents from IICC’s own tender page, linked above. The Tender Documents tab on the MSTC IICC page still lists 2019–20 hotel and office RFPs, not this round’s RFP. Use MSTC for registration, the auction catalogue, data room and bidding. MSTC’s buyer registration checks a valid GST number and PAN (RFP Section 4); the data room opens after login. Submit the Technical Proposal using MSTC’s Upload Document link; the RFP requires Bid Security to be credited to the bidder’s MSTC EMD ledger before submission. Match the Auction ID to your plot — the Block and its four constituent plots have different IDs for the same land. IICC’s registered office is 5th Floor, Management Office, Yashobhoomi, Sector 25, Dwarka, New Delhi-110077.

Compare all 8 plots

All eight plots in the RFP: what you may build on each, the floor it is bid above, the deposit that goes with the proposal and the net worth Annexure-C requires. The groups show the two routes to auction. Plots 19, 20, 22 and 23 reach the plot-wise route only if the Block route fails under RFP clause 2.1.21: no Block bid, no technically qualified Block bidder, or no Block e-auction concluded above its Reserve Price. The Block is made of those same four plots, so it is not another row here; its figures are in the answer above.

Offered individually · e-auction 24 December 2026

4 plots
Compare all 8 plots — Offered individually · e-auction 24 December 2026
Plot · full detailsGround coveragePermitted FARReserve PriceBid SecurityNet worth
Plot 12 · Office1,968 sq m17,326 sq m₹199.1 crore₹3.98 crore₹82.41 crore
Plot 15 · Office1,968 sq m17,326 sq m₹199.1 crore₹3.98 crore₹82.41 crore
Plot 25 · Office3,648 sq m28,163 sq m₹299.5 crore₹5.99 crore₹127.93 crore
Plot 29 · Retail8,622 sq m64,242 sq m₹648.4 crore₹12.97 crore₹248.54 crore

Runs on 24 December 2026 only if the Block route fails

4 plots
Compare all 8 plots — Runs on 24 December 2026 only if the Block route fails
Plot · full detailsGround coveragePermitted FARReserve PriceBid SecurityNet worth
Plot 19 · Office4,416 sq m33,792 sq m₹354.8 crore₹7.1 crore₹152.35 crore
Plot 20 · Office4,416 sq m32,832 sq m₹344.5 crore₹6.89 crore₹147.97 crore
Plot 22 · Office4,416 sq m33,792 sq m₹354.8 crore₹7.1 crore₹152.35 crore
Plot 23 · Office4,416 sq m32,832 sq m₹344.5 crore₹6.89 crore₹147.97 crore
The IICC hubHow IICC auctions work, and each IICC notice we publish.

Verify on the official source

Publicly available IICC sources

Check each plot’s current record, reserve, bid security, and published area details in the linked official auction materials. Registration and bidding use the official MSTC portal.

IICC’s September 2026 RFP (PDF)67 pages · Annexure-C (PDF p61) gives each plot’s Reserve Price, Bid Security, net worth, ground coverage and FAR · Annexure-D (PDF pp62–63) gives payment stages and recurring chargesDevelopment cum Sub-Lease Agreement — individual office/retail plot (PDF)60 pages · the draft agreement a winning bidder signs for a plot bought on its ownDevelopment cum Sub-Lease Agreement — plots comprised in the Block (PDF)69 pages · a separate draft: the Block is bid as one lot, then each of the four plots is sub-leased under its own registered agreementIICC hybrid pre-bid meeting notice — 19 Sep 2026 (PDF)1 page · signed by IICC · 25 Sep, 10:00 AM IST at Yashobhoomi or online; email queries one day before the meeting (24 Sep)IICC online joining notice — 22 Sep 2026 (PDF)1 page · signed by IICC · Zoom details for online participants at the 25 Sep meetingIICC tender records (RFP and agreements)The authority’s tender page lists this round’s RFP and agreements, plus three earlier rounds since August 2025. The meeting notices are linked above.IICC 2019 office-complex RFP — historical (PDF)Archived 16 Dec 2019 RFP for plots 19, 20, 22 and 23; a different tender round, linked only for the earlier-offering history abovePlot 12 — MSTC catalogue (PDF)10 pages · Auction ID 600653, lot 1 · revised seller catalogue checked 26 Oct 2026Plot 15 — MSTC catalogue (PDF)10 pages · Auction ID 600655, lot 1 · revised seller catalogue checked 26 Oct 2026Plot 25 — MSTC catalogue (PDF)10 pages · Auction ID 600660, lot 1 · revised seller catalogue checked 26 Oct 2026Plot 29 — MSTC catalogue (PDF)10 pages · Auction ID 600661, lot 1 · revised seller catalogue checked 26 Oct 2026Block — MSTC catalogue (PDF)12 pages · Auction ID 600931, lot 1 · revised seller catalogue checked 26 Oct 2026Plot 19 — MSTC catalogue (PDF)10 pages · Auction ID 600656, lot 1 · revised seller catalogue checked 26 Oct 2026Plot 20 — MSTC catalogue (PDF)10 pages · Auction ID 600657, lot 1 · revised seller catalogue checked 26 Oct 2026Plot 22 — MSTC catalogue (PDF)10 pages · Auction ID 600658, lot 1 · revised seller catalogue checked 26 Oct 2026Plot 23 — MSTC catalogue (PDF)10 pages · Auction ID 600659, lot 1 · revised seller catalogue checked 26 Oct 2026
MSTC e-Bidding portal — IICCOfficial portal named in the notice for submitting the tender response and lot-specific EMD; verify the published live e-auction schedule there before biddingwww.mstcecommerce.com

How to find it on MSTC

  1. Log in to MSTC as a registered bidder
  2. Auction Catalogue
  3. The Auction ID shown with your plot

Look for MSTC Auction ID 600653, 600655–600661 and 600931 — eight plots plus the overlapping Block lot

Practical questions

How much bid security is required?
A separate amount for each plot, set in Annexure-C, from ₹3.98 crore on plots 12 and 15 to ₹12.97 crore on plot 29. The Block carries its own ₹28 crore figure, which is not the sum of its four plots. MSTC’s catalogues print the same amounts under the heading Pre-Bid EMD. Unsuccessful bidders request their Bid Security back through the “EMD Refund Request” link in their MSTC buyer login. Clause 2.3.2 says refunds are processed within 2–3 working days, while Section 4 says on the next working day; no interest is paid. Section 4 opens that link between 6:00 AM and 12:05 PM IST on the day after the auction closes, so verified bank details and a cancelled cheque should already be uploaded. A winner does not get it back as cash: on a plot bought on its own it is set against the second payment stage, and on the Block it is spread across the four plots against the first half-yearly instalment. If the Block sells, individual bids on those four plots lapse and their Bid Security is refunded. Check the exact amount for your property in the linked official auction materials before paying.
When are registration and bidding?
Online tender submissions close 27 Nov 2026, 11:59:59 PM IST. Only bidders found technically qualified by IICC may take part in the live e-auction. The live e-auction is scheduled for 10 and 24 Dec 2026, 11:00 AM – 1:00 PM IST. Check the MSTC portal and the official notice for updates.
Where do I register and bid?
Use the MSTC e-Bidding portal — IICC at https://www.mstcecommerce.com/auctionhome/iicc/index.jsp.
What should I check in the IICC RFP before bidding?
Confirm the Auction ID for the exact plot — the Block and its four plots carry different IDs for the same land. Check the plot’s net-worth or Fund ACI requirement and Bid Security; requirements add up when bidding on several plots. Read the forfeiture terms before committing. This is a sub-lease to develop and operate, with an Occupation Certificate due within five years unless IICC allows a paid extension of up to two more years. External Development Charges of ₹440 per sq ft of Total FAR, monthly maintenance and service charges, and GST sit on top of the bid. The close time can extend in eight-minute steps with no stated cap.
What else should I know about this auction?
From the official documents
  • the eight plots are offered on long-term sub-lease to develop and operate, not as a sale of freehold or of built space; the RFP runs the term up to 06 March 2117.
  • plots 19, 20, 22 and 23 are offered as one Block on 10 December and reach the 24 December plot-wise route only if the Block route fails: no Block bid, no technically qualified Block bidder, or no Block e-auction concluded above its ₹1,399 crore Reserve Price.
  • the Block carries its own Reserve Price, Bid Security and net-worth bar in Annexure-C rather than the sum of its four plots; the RFP states this expressly for the net-worth bar, and the published Block figures are likewise slightly above the four plots added together.
  • clause 2.14 is a tentative schedule the authority says it will endeavour to follow, and the eight-minute bid extension has no stated cap, so a published close time is scheduled rather than known.

What BiddingPulse checked
  • We checked every Reserve Price, Bid Security, net-worth, ground-coverage and FAR figure for the eight plots and overlapping Block lot against Annexure-C of IICC’s RFP and the nine MSTC catalogues. Charges and fees come from other cited RFP clauses and Annexure-D; Annexure-C does not print plot land area.
  • The RFP’s general 2%-of-Reserve Bid Security rule would give ₹27.98 crore for the Block, but its Annexure-C and the Block catalogue explicitly require ₹28 crore. We show the published Block amount; confirm the payable figure with IICC before sending funds.
  • MSTC lists plots 19, 20, 22 and 23 for 24 December without a fallback note. RFP clause 2.1.21 makes those individual events conditional on the Block route failing. We therefore treat the catalogue dates as conditional, not a guarantee that these events will run.
  • The sub-lease end date differs by one day between documents. This round’s RFP says the term runs “upto March 06, 2117”. Both draft sub-lease agreements for the same round say 7 March 2117, with a footnote calling it the year the IICC–DIPP lease deed runs to, and IICC’s three earlier RFPs for these plots say 7 March 2117 as well. We show this RFP’s date because it governs this round; treat the drafts as the ones you sign.
  • The RFP says Annexure-C gives each plot’s area, but the annexure’s columns are ground coverage and total permissible FAR. We show both and do not state a plot area, because the notice does not print one.

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

Publication record

Every change dated · never silently rewritten
24 Dec 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.
26 Oct 2026Source update applied
Existing eight plots moved to December in MSTC catalogues
MSTC revised the catalogues on 26 October, the day of the original proposal deadline; the revised Block catalogue was first seen at 20:04:54 IST. The revised catalogues move the Block from 6 November to 10 December and individual events from 19 November to 24 December, retaining 11:00 AM–1:00 PM IST sessions. Technical Proposals through MSTC’s document upload close 27 November at 11:59:59 PM IST, with Bid Security credited before submission. This update retains the eight plots, nine catalogue routes and original financial terms. The RFP’s original technical openings were 27 October for the Block and 9 November for individual plots; revised openings remain unverified.
Read the current Block catalogue
23 Sep 2026Correction
Block terms, earlier-round comparison and charges corrected
We corrected the Block fallback and separated its summed FAR and ground coverage from its own Reserve Price and Bid Security. We had said plot 15’s Reserve Price was unchanged since 2025; it rose from ₹199.0 crore to ₹199.1 crore. Our 16 September entry also said every figure came from Annexure-C; that annexure supplies plot Reserve Prices, Bid Security, net worth, ground coverage and FAR, while fees and charges come from other RFP clauses and Annexure-D. We now state the monthly charges, Total FAR development-charge basis, and bidder qualification and default terms. This round’s published plot prices and auction dates have not changed.
Read IICC’s September 2026 RFP
22 Sep 2026
IICC publishes online joining details for the 25 September meeting
IICC’s signed 22 September follow-up supplies Zoom joining details for the 25 September hybrid meeting. The eight plots, proposal deadline and November auction routes are unchanged.
Read IICC’s online joining notice
19 Sep 2026
IICC confirms a hybrid pre-bid meeting on 25 September
IICC’s signed notice sets the meeting at Yashobhoomi or online from 10:00 AM IST on 25 September and asks for email queries one day beforehand. It says online joining details will follow separately.
Read IICC’s hybrid meeting notice
16 Sep 2026
Eight Yashobhoomi development plots added from IICC’s own RFP
We found IICC's September 2026 RFP on its tender page and took every figure from Annexure-C, then checked each one against the nine MSTC catalogues. The page records both routes to auction — four plots bid individually on 19 November 2026, four bid as one Block on 6 November 2026 — and the payment, forfeiture and recurring charges that sit behind the bid.
Read IICC’s September 2026 RFP

1 auction and 1 first-come scheme are open now in Delhi.