VMRDA Visakhapatnam auction: 66 shops, offices, commercial spaces and auditoriums on 3-year licences

The Visakhapatnam Metropolitan Region Development Authority published its 66 commercial licence interests — Sep 2026 notice (VMRDA Rc. No. 17021(31)/1/2020, dated 1 Sep 2026), offering 66 licence interests across 17 locations in Visakhapatnam. Unlike most e-auctions, the bidding itself is held in person at VMRDA Children’s Theatre, Siripuram, Visakhapatnam. The notice lists a prescribed application submitted at the VMRDA office before in-person bidding, and the linked VMRDA application package details the participation route. BiddingPulse summarizes the linked official auction materials — their listed licence interests, locations, schedule, and published sizes and recurring upset rents by billing cadence. It includes the full unit-level schedule. Confirm each selected licence interest’s current price cadence and terms in the detailed listing and any later official amendment before applying.

The auction runs to a published public timetable. An eligible bidder records their interest by 15 Sep 2026, 5:00 PM IST, and bidding is held 17 Sep 2026, 11:00 AM IST. The notice lists a prescribed application submitted at the VMRDA office before in-person bidding. According to the linked VMRDA application package, the completed application, the ₹2,000 application-fee challan and a separate EMD Demand Draft in favour of the Metropolitan Commissioner, VMRDA are submitted to the Revenue Division on the 8th floor of the VMRDA office by 5:00 PM on 15 September. Bidding itself is held in person at VMRDA Children’s Theatre, Siripuram, Visakhapatnam. The authoritative notice is published on vmrda.ap.gov.in. BiddingPulse lays out the auction's facts; it is never a party to it.

The linked official auction materials publish upset rent of ₹2,950 to ₹6,30,485 per month for 63 licence interests (shops, offices, commercial spaces, vacant land/open spaces and recreation space), reserved-category alternatives of ₹2,050 to ₹9,000 per month for 9 licence interests, upset rent of ₹15 L to ₹60 L per year for 3 licence interests (auditoriums / kalyanamandapams), and published sizes spanning 108 to 35,654.38 square feet. Those figures retain the source’s printed units without conversion. The linked official auction materials set this bidding rule: the open-auction conditions require every bid above VMRDA’s published upset rent and let the auctioning authority set the increase; the sealed-tender and auditorium forms say a bid at or below the upset rent is automatically disqualified. The Earnest Money Deposit (EMD) is separate — here the official documents conflict: the 1 Sep press note says ₹1,00,000 for each interest, while all three application forms print ₹50,000 / ₹1,00,000 without mapping either amount to a property or category. The forms state that VMRDA forfeits the EMD if the applicant or authorized agent misses the required auction attendance, or if the successful bidder misses the same-day security deposit. The inspected documents do not publish an ordinary unsuccessful-bidder refund timeline. The linked official auction materials also publish a ₹2,000 application fee for each application, paid by challan to Indian Overseas Bank (VUDA Branch), Siripuram and taxes in addition to the published upset rent. Confirm each selected licence interest’s current price cadence and terms in the detailed listing and any later official amendment before applying.

This page is kept as a dated, source-cited record of the auction's facts, becoming the permanent record once bidding closes. Every figure here should be verified against the Visakhapatnam Metropolitan Region Development Authority linked official auction materials before acting.