A Once in a Lifetime Opportunity: Invest in Prime Commercial Plots at BDA E-Auction in Electronic City, Bengaluru
- Thota Devaraju
- Oct 19, 2024
- 2 min read
In the dynamic world of real estate investing, seizing the right opportunity can lead to lucrative returns and long-term success. The Bangalore Development Authority (BDA) is set to offer investors a golden chance with the e-auction of prime commercial plots nestled in the heart of Doddathoguru Village, near the bustling Electronic City in Bengaluru. This exclusive auction is scheduled to kick off on November 11, 2024, and culminate on November 13, 2024. Let's delve into why investing in BDA’s commercial plots could be your ticket to unparalleled growth and prosperity.
Why Invest in BDA's Commercial Plots?
Location Advantage:
Boasting a prime location in Doddathoguru Village, Electronic City, these commercial plots are strategically positioned amid Bengaluru’s thriving tech and commercial ecosystem. The area's allure stems from its proximity to major IT parks, well-connected highways, and a host of urban amenities, making it a hotspot for businesses seeking unmatched connectivity and convenience.
Plot Size and Pricing:
Unveiling two alluring plots up for grabs:
Plot 1: Spread across 5 acres 12 guntas at ₹75,500 per sqm
Plot 2: Extending over 5 acres at ₹75,500 per sqm
The flexible bidding mechanism permits investors to engage in competitive bidding with a minimum incremental bid price of ₹1,000 per sqm, accommodating both seasoned and novice buyers. This transparent process ensures fairness and equal opportunity for all bidders.
Key Dates and E-Auction Process:
Last Date for Participation: November 8, 2024, by 5:00 PM
Live Bidding Start: November 11, 2024, at 11:00 AM
Bidding End: November 13, 2024, at 5:00 PM (with a delta time extension of 5 minutes)
How to Participate:
To embark on this investment journey, interested participants are required to furnish an Earnest Money Deposit (EMD) amounting to ₹50 Lakhs and register through the Karnataka Public Procurement Portal. Following successful registration, bidders securing the plots must remit 25% of the total cost upon winning and clear the balance within 45 days to formalize the transaction.
For detailed terms and conditions, prospective bidders are encouraged to visit the official BDA website or reach out to the designated auction authorities at the contact numbers provided below.
Contact Authorities:
EE (East): 6366252875
AEE: 9448214917
AE: 8105864769
Don't Miss Out!
This rare opportunity to invest in prime commercial plots within Bengaluru’s burgeoning Electronic City is an invitation to partake in a venture with the promise of high returns and strategic significance. To secure your foothold in Bengaluru’s future landscape, visit the KPPP Portal for further details and position yourself among savvy real estate investors eyeing this unparalleled chance for growth.
Elevate your real estate portfolio by leveraging the BDA's e-auction platform and delve into the realm of commercial property investments with confidence and foresight. As Bengaluru forges ahead as a tech and commercial powerhouse, make your mark by being a part of this transformative growth story.
Remember, success favors the bold. Dare to invest, dare to dream, and secure your slice of Electronic City's promising future!
Invest, Grow, Thrive – Secure Your Commercial Plot Today! Best Regards,
Eco Space Realtors Team
Your Trusted Partner for Real Estate Solutions in Bengaluru
📞: +91 9900984444
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