BDA to auction 145+ prime sites across Bengaluru in mid-March

Bengaluru: The Bangalore Development Authority (BDA) is set to auction over 145 corner and intermediate sites, located across various layouts in the city, in mid-March.

Some of the prominent locations where these sites are available include Bhoopasandra near Hebbal, Nagarabhavi 2nd Stage, Banashankari 6th Stage, Sir M Visvesvaraya Layout, and HSR Layout.

Each site has a fixed minimum bidding fee. For example, a site in Anjanapura township is priced at Rs 70,200 per square metre, while in Koramangala 4th Block, the cost is Rs 2 lakh per sqm.

Bids will increase in multiples of Rs 500 per sqm, and the sites will be auctioned on an "as is, where is" basis.

Those interested in participating in the e-auction must express their interest by March 10. The live auction will take place shortly thereafter. For more details, visit the BDA's official website.