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Mysuru, Sept. 8 – The Mysuru Development Authority (MDA), formerly known as the Mysuru Urban Development Authority (MUDA), has recorded a revenue of ₹120 crore from its maiden e-auction of residential and commercial sites.
The auction process, which began on July 31 with 200 sites on offer, concluded between August 16 and 26. Out of the total sites, 110 were successfully sold, while the remaining 90 will be re-auctioned in subsequent phases.
Total sites offered: 200
Sites sold: 110
Revenue generated: ₹120 crore
Unsold sites: 90
Auction locations: Srirampura 3rd Stage, Vijayanagar 2nd–4th Stages, Hebbal 1st & 3rd Stages, Devanur 3rd Stage, Kesare 3rd Stage, Dattagalli and Sathagalli
As per auction norms, winning bidders were required to deposit 25 percent of the bid amount within three days, with the balance payable in three months. Upon full payment, MDA will issue title deeds, giving buyers absolute ownership. Since these are outright purchases, there is no lock-in period for resale or transfer.
A 50×80 ft. (4,000 sq. ft.) site in Vijayanagar 4th Stage, 2nd Phase fetched a record ₹9 crore (₹22,500 per sq. ft.). The buyer, liquor merchant Muralidhar, promptly paid the required advance.
A 20×30 ft. (600 sq. ft.) site in the same locality was auctioned for ₹2 crore (₹33,333 per sq. ft.). The bidder has sought an extension to make the initial payment citing personal reasons.
MDA Commissioner K.R. Rakshith confirmed that several sites received only single bids and hence could not be considered under rules. In more than 40 cases, bidders who had initially bid later failed to complete payments, leading to a ₹20 crore shortfall. These sites will also be re-auctioned.
“Intense competition for premium sites drove prices significantly higher than market rates. This is how MDA was able to secure ₹120 crore revenue from just 110 sites,” said Commissioner Rakshith.
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Record-Breaking Prices in MDA E-Auction Despite MUDA Scam Shadow
The Mysore Development Authority (MUDA) has officially released an e-auction notification for the sale of Corner, Intermediate, and Premium residential sites located in prime localities of Mysuru. The auction is open to the general public, with online bidding scheduled in four distinct phases starting from July 31, 2025.
The notification (No. MDA-E-A/N01/2025–26) dated 25 July 2025 outlines the timeline, bidding process, and grouping structure for auctioning 200 premium plots in prominent areas developed by MUDA.
Those who wish to participate in the e-auction can download the e-auction related information by logging in to the website https://kppp.karnataka.gov.in and downloading the New e-Auction Bidding user manual for tenderers from the download section on the home page. For more information, contact Karnataka Public Procurement Portal - 080-46010000 and 080-68948777
This notification has been released through newspapers.
It will be made available shortly on MUDA’s official portal:
https://www.mudamysore.gov.in
All official terms, layouts, and bidding guidelines will be uploaded soon. Participants are advised to frequently check the MUDA portal for updates.
MUDA has divided the 200 sites into four groups of 50 plots each. Each group will have separate bidding windows, and participants are required to express interest before participating.
Last date to express interest: 12 August 2025 (by 5:30 PM IST)
E-auction start: 31 July 2025 (after 6:00 PM IST)
Bidding window: 16 August 2025, 11:00 AM to 18 August 2025, 4:00 PM IST
(Delta time: 5 minutes)
Last date to express interest: 12 August 2025 (by 5:00 PM IST)
Bidding window: 19 August 2025, 11:00 AM to 21 August 2025, 4:00 PM IST
(Delta time: 5 minutes)
Last date to express interest: 12 August 2025 (by 5:00 PM IST)
Bidding window: 22 August 2025, 11:00 AM to 24 August 2025, 4:00 PM IST
(Delta time: 5 minutes)
Last date to express interest: 12 August 2025 (by 5:00 PM IST)
Bidding window: 25 August 2025, 11:00 AM to 26 August 2025, 4:00 PM IST
(Delta time: 5 minutes)
Interested buyers must complete an online registration process and express interest in the specific plot group before the deadlines. The entire auction process is conducted digitally, ensuring transparency and ease of participation.
Participants are advised to:
Visit MUDA’s official website: https://www.mudamysore.gov.in/
Register with valid documents and KYC
Review site-wise details including location maps, dimensions, and base prices
Pay Earnest Money Deposit (EMD) as required
200 residential plots up for auction in premium zones of Mysuru
Sites include corner plots, intermediate, and premium locations
Open to the general public, including individuals and institutions
Online auction model with real-time bidding
Bid extensions handled through 5-minute delta time increments
MUDA’s latest auction presents a valuable opportunity for homebuyers, investors, and developers seeking land in Mysuru’s most sought-after localities. With online transparency and phased bidding, the process is streamlined and accessible to all eligible participants.
For detailed terms, site maps, and application procedures, visit the official MUDA portal.