These are the published rules for eligibility, documents, deposits, bidding and later payments. BiddingPulse wrote the summaries in its own words from the Municipality’s digitally signed terms, linked in full below. This is a summary, not legal or financial advice.
Eligibility · earnest money deposit, clauses 1 and 4
Who can bid?
Any Indian individual over 18 and any Indian registered firm. A bidder may enter any number of auctions and select any number of plots, but each ₹1 lakh deposit supports eligibility for only one plot. Once the bidder is highest on as many plots as deposits paid, the terms stop further bidding within that lot.
Mode of auction and payment, clause 2(h) · Annexure IV
What must I upload before registering?
The terms require an Aadhaar card, PAN card and copy of the bidder’s bank passbook before registration. Their application form also asks for the applicant’s address, mobile number and email address.
Platform fee, processing fee and EMD, clauses 3–4
What does it cost to take part?
A ₹1 lakh deposit is required for each plot a bidder wants to be eligible to win. The terms also set a ₹5,000 processing fee and ₹500 platform fee, both non-refundable. They say deposits of bidders other than the highest bidders are returned within 10 days after the auction closes, without interest.
Mode of auction and payment, clause 2(c)–(f) · auction type, clause 5 · single-bid review, clause 13(c)
How do the bids work?
The terms call this a forward auction with no ties. A bidder becomes active by placing an initial bid ₹5,000 above the notified upset price; bids then move in ₹5,000 multiples. A bid in the final ten minutes extends that plot by another ten minutes, with unlimited extensions, so 5:00 PM is only the scheduled close. Once a bid is placed, the highest bidder cannot withdraw it without forfeiting the EMD. If only one bid is received, the Municipality may approve, cancel, reject or extend the process for more applications.
Highest-bid charges, clause 7 · payment schedule, clause 10 · acceptance or rejection, clause 13
What payments follow after winning?
The highest bidder must bring the payment to 25% of the bid price within 15 calendar days, with the deposit adjusted, and pay the remaining amount within 60 calendar days after being declared highest. GST, TDS and other applicable statutory taxes or duties sit above the highest bid; stamp duty, registration charges and other dues are additional too. The Municipality still has discretion to accept or reject the highest bid; allotment follows only after acceptance and the required payment.
Payment schedule table, clause 10, item (c)
What exactly do the terms say about late-payment interest?
The payment table literally prints “18% per month” on the defaulted amount for a possible next 30-day period after the 60-day balance deadline. It does not say per annum. Because that wording is unusually onerous, verify the rate and calculation directly with Proddatur Municipality in writing before relying on it.
Bid withdrawal, clause 2(f) · cancellation and forfeiture, clauses 11(c)–(d), 12(I)–(II) and 18
What money can I lose after placing a bid?
Withdrawing a placed bid forfeits the EMD. Refusing the allotted plot within 15 days of the provisional allotment letter forfeits the entire EMD. If allotment is cancelled for failing to pay the balance, an instalment, arrears or registration charges in time, the terms say the entire EMD and 25% of the amount paid up to then are forfeited. For suppression, misrepresentation or fraud, clause 18 permits cancellation or revocation, forfeiture of the EMD and all other amounts paid, and immediate retaking of possession.
Municipality-handover list, clause 10, item (c) · rejected offer refund, clause 13(a)
What if the Municipality rejects the bid or cannot hand over the plot?
If the Municipality cancels the bid or does not accept the offer after the highest bidder has paid one-fourth, the terms promise that one-fourth, including the EMD, back without interest within 15 working days. If the Municipality cannot hand over the plot for any reason, they instead promise the entire amount deposited back within three months, again without interest. Those Municipality-side outcomes are separate from a buyer default.
Sale deed and possession, clause 15 · jurisdiction, clause 19
When do the sale deed and possession follow?
After all dues and formalities are complete, an authorized Municipality officer executes the sale deed. The terms say possession is handed over upon execution and require the bidder to take possession within 15 days of signing. They assign disputes to courts or tribunals situated in Proddatur, Andhra Pradesh only.
Proceedings plot schedule · Bhoo Konugolu notification 00694 rows
What are the 124 plots like?
The plot numbers are 183–195, 197–209, 268–311, 481–502 including 491A and 502A, and 712–741. Sizes run from 219.11 to 461.56 sq yd: 88 plots are 266.67 sq yd and 22 are 333.33 sq yd. The official rows list 35 east-facing, 35 west-facing, 27 north-facing and 27 south-facing plots; their road-width column records 97 plots at 33 feet and 27 at 40 feet.
BiddingPulse calculation from the published rate and 124 plot sizes
Which price figures are BiddingPulse’s own?
The ₹36.90 lakh–₹77.73 lakh per-plot span is ours, not an amount range printed by the Municipality; the approximately ₹58.95 crore aggregate is our calculation too. The proceedings publish one ₹16,840 per-square-yard upset rate and each plot’s area, but no per-plot rupee column, so we multiplied the published sizes by that rate.
Municipal proceedings and terms · official layout plan · Bhoo Konugolu notification 00694
Which official-source differences should I know about?
The signed proceedings and terms name Proddatur Municipality, while the portal’s structured detail field says Proddatur Municipal Corporation. The portal describes “Nethaji Nagar”; the terms spell it “Netaji Nagar”. The official layout plan totals 760 plots and labels 242 already sold out through tender-cum-public auction; the proceedings instead record 761 total and 243 sold. Both leave 518 vacant and identify notification 00694, layout 35/2012/A at Bollavaram and the same 124 auction rows, so this page preserves the portal spelling in its title and discloses the count mismatch here.