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Bengaluru: Round 3 of BDA corner sites e-auction to begin on September 9

The third round of BDA corner sites e-auction will begin from September 9. Corner sites in HSR Layout, JP Nagar, Banashankari and other areas are to be included.

Bengaluru Round 3 of BDA corner sites eauction to begin on September 9 -ymn
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Bengaluru, First Published Sep 5, 2020, 2:09 PM IST
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Bengaluru: The Karnataka government had earlier decided to auction BDA sites to raise funds.

 The sites which had been seized from encroachers were to be sold in the e-auction.

 After two successful auctions the government is set to begin its 3rd e-auction from September 9.

 Also read: Karnataka: BMTC offers free rides for students attending exams

 A total of 402 corner sites will be put up in the e-auction from areas such as the Arkavathy Layout, HSR Layout, Sir M Vishweshwaraiah Layout, JP Nagar, Banashankari and Jnana Bharathi.

The e-auction will begin at 11 in the morning on September 9 and last until 3 in the afternoon.

The auction will take place in 6 phases, and 70 sites will be slotted in each phase. Geo-mapping of each site has been published on the Bengaluru Development Authority website, making it easy for bidders from across the globe.

 Phases of bidding:

 ·         The first phase of the auction will have sites from no 1-70. The bidding for these sites will take place from September 9 to September 25.

 ·         The second phase of the auction will have sites from no 71-140. The bidding for these sites will take place from September 10 to September 28.

 ·         The third phase of the auction will have sites from no 141-210. The bidding for these sites will take place from September 11 to September 29.

 ·         The fourth phase of the auction will have sites from no 211-280. The bidding for these sites will take place from September 12 to September 30.

 ·         The fifth phase of the auction will have sites from no 281-350. The bidding for these sites will take place from September 14 to October 1.

 ·         The sixth phase of the auction will have sites from no 350-402. The bidding for these sites will take place from September 15 to October 3.

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