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Indore Development Authority (IDA) has invited online e-tender-cum-e-auction bids for allotment of land ownership rights over a residential-cum-commercial (local shop) plot under Scheme No. 141.
The plot has a total area of 3,220.72 square metres and falls under the General reserved category. The minimum bidding rate has been fixed at ₹2,00,000 per square metre.
At the prescribed minimum rate, the plot's total base value works out to approximately ₹64.41 crore. The required Earnest Money Deposit (EMD) is ₹3,22,07,200 , equivalent to 5% of the base value.
| Particulars | Details |
|---|---|
| Authority | Indore Development Authority (IDA) |
| Scheme | Scheme No. 141 |
| E-Tender Portal No. | 2026_DTCP_532112_1 |
| Reserved Category | General |
| Plot Area | 3,220.72 sq m |
| Minimum Rate | ₹2,00,000 per sq m |
| Approx. Base Value | ₹64.41 crore |
| EMD (5%) | ₹3,22,07,200 |
| Property Type | Residential-cum-Commercial (Local Shop) |
| IDA | https://idaindore.org/ |
| Online E-Tender-cum-E-Auction | https://mptenders.gov.in/ |
The Indore Development Authority e-auction schedule specifies the following important dates:
| Activity | Date | Time |
|---|---|---|
| Tender Start | 31 August 2026 | 2:00 PM |
| Last Date for Tender Submission | 21 September 2026 | 6:00 PM |
| Technical Tender Opening | 23 September 2026 | 11:30 AM |
| Tentative Financial Tender Opening | 30 September 2026 | 11:30 AM |
| Live E-Auction for Eligible Bidders | 13 October 2026 | 11:30 AM to 2:30 PM |
Eligible bidders will be able to participate in the Live e-Auction according to the procedure prescribed by the authority.
Interested applicants can submit their bids online through the Madhya Pradesh e-tendering portal . Applicants should complete registration, submit the required documents and make the applicable EMD payment within the prescribed deadline.
The tender notice states that the e-tender can be viewed and online bidding can be carried out through the MP Tenders portal.
E-Tender Portal: https://mptenders.gov.in/
Applicants should carefully check the detailed tender conditions, eligibility requirements, payment instructions and auction procedure before submitting their bids.
The property being offered by the Indore Development Authority is designated for residential-cum-commercial use (local shop) . With an area of more than 3,200 sq m , the property represents a sizeable commercial-cum-residential land opportunity in Indore.
The minimum rate is ₹2 lakh per square metre , while bidders must deposit an EMD of ₹3.22 crore to participate, subject to the tender terms and eligibility conditions.
The authority has scheduled the live e-auction for October 13, 2026 , following completion of the technical and financial tender stages.
According to the notice, the tendering process will be conducted through the prescribed MP e-procurement system . Applicants should ensure that their bids and required payments are submitted before the specified deadlines.
For additional information, applicants can visit the Indore Development Authority's official website and review the complete tender documentation and conditions.
Helpline: 0120-4001002
The above details have been extracted from the IDA Scheme No. 141 e-tender-cum-e-auction notice provided with this article . Applicants should verify the latest tender conditions, amendments and eligibility requirements on the official MP Tenders portal before participating in the auction.
