Belagavi, October 30, 2025: The Belagavi Urban Development Authority (BUDA) has issued an official notification inviting the public to participate in an online e-auction of residential plots developed by the authority in Sahyadri Nagar (Scheme No. 47) and Kuvempu Nagar (Scheme No. 40), Belagavi. The auction includes both corner plots and vacant sites.
OFFICIAL NOTIFICATION
ALSO CHECK Belgavi Eauction Properties
BUDA has offered plots from two major layouts:
Type: Corner and vacant plots
Plot Size Range: Approximately 27 sq.m to 376 sq.m
Rate per sq.m: ₹29,100 – ₹32,000
Special Category Plots:
Corner plots
Garden-facing plots (+10%)
Playground-facing plots (+10%)
Plots facing State Highway (+35%)
A total of 78 plots are available in this scheme, each varying in size, facing, and rate. The plots are fully developed with access roads, parks, and public amenities.
Type: Corner and vacant plots
Plot Size Range: Around 480 sq.ft to 2,400 sq.ft
Rate per sq.ft: ₹3,000 – ₹3,300
Special Add-Ons:
Corner plots and park-facing plots (10% extra)
State Highway facing plots (35% extra)
A total of 19 plots are listed under Kuvempu Nagar, suitable for residential development in a well-planned neighborhood.
Last date to express interest: November 29, 2025
E-auction start date: December 1, 2025 (from 10:00 AM)
E-auction closing date: December 2, 2025 (till 4:00 PM)
Delta Time: 5 minutes (extension for last-minute bids)
Earnest Money Deposit (EMD): ₹50,000 per site
Minimum Bid Amount:
₹600 per sq. meter for plots under Scheme No. 47 (Sahyadri Nagar)
₹60 per sq. foot for plots under Scheme No. 40 (Kuvempu Nagar)
Payment Mode: Online payment through ICICI Bank via e-Procurement portal
EMD Refund: Refundable for unsuccessful bidders after finalization
Successful bidders are required to:
Pay 25% of the bid amount (excluding the EMD) within 72 hours of the auction closing time through RTGS/NEFT to: Account Holder: Commissioner, Belagavi Urban Development Authority Bank: Indian Overseas Bank, Ramdev Galli Branch, Belagavi Account No.: 090701000050008 IFSC Code: IOBA0000907
Submit payment proof and relevant documents to BUDA within 7 days of payment.
Failure to pay the 25% amount within the stipulated time will result in forfeiture of the EMD.
Participants must be Indian citizens. Required documents include:
Proof of address (Voter ID, Driving License, Passport, or Aadhaar Card)
PAN card (attested copy)
Passport-size photograph
Declaration form (as per the format available for download)
Email address and contact number
Partnership firms can also participate, provided they are registered in India. Minors may participate through their legal guardians.
The e-auction will be conducted through the Government of Karnataka's e-Procurement portal: https://eproc.karnataka.gov.in
Details of plots and other updates are available at above mentioned Notification.
For technical assistance, contact the e-Governance Helpdesk at 080-25501216.
Corner sites, plots facing parks, playgrounds, or transmission lines, and plots opposite commercial or highway areas will have additional charges as follows:
10% extra for corner/park-facing/playground-facing plots
35% extra for plots facing a state highway
Allotments will be made as per Notification.
Legal disputes, if any, will fall under the civil court jurisdiction of Belagavi.
BUDA reserves the right to accept or reject any bid without assigning reasons.
Participants are advised to:
Personally inspect the plot location before bidding.
Ensure accuracy of all uploaded documents and contact information.
Note that if only one bidder participates for a site, the bid will not be considered.
Service charges of the bank must be borne by the bidder.
For more details, visit: 🔗 https://belgaumbuda.org 📞 Helpline: 0831-2470342, 2470257 📧 Email: belagavibuda@gmail.com
Commissioner, Belagavi Urban Development Authority (BUDA), Belagavi