BDA - Auction of corner Sites - July 2020 - Bangalore Mirror Report

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srikhk65
Posts: 34
Joined: September 1st, 2011, 11:41 pm

BDA - Auction of corner Sites - July 2020 - Bangalore Mirror Report

Post by srikhk65 »

https://bangaloremirror.indiatimes.com/bangalore/others/190-corner-sites-across-various-plots-in-the-city-sold/articleshow/76900985.cms

" The initial bid price was for a square metre of site in Sir M Vishveshwaraiah layout was Rs. 40000. We offered to pay upto Rs. 81000 but gave up bidding as others were offering more " said one Mr. Umesh who lost the bid.
movva
Posts: 6
Joined: July 19th, 2011, 8:26 am

Re: BDA - Auction of corner Sites - July 2020 - Bangalore Mirror Report

Post by movva »

Is that really worthy of paying more than 8000/sq ft even for corner or commercial site?
srikhk65
Posts: 34
Joined: September 1st, 2011, 11:41 pm

Re: BDA - Auction of corner Sites - July 2020 - Bangalore Mirror Report

Post by srikhk65 »

movva wrote:
July 28th, 2020, 12:45 am
Is that really worthy of paying more than 8000/sq ft even for corner or commercial site?
I am also wondering the same thing. With Rs. 8000 + / Square feet, the asset is fully priced for the next 3 years. Perhaps a few deep pockets are accumulating based on strategic information which is not yet public.
ravikumar124
Posts: 65
Joined: December 13th, 2012, 12:58 am

Re: BDA - Auction of corner Sites - July 2020 - Bangalore Mirror Report

Post by ravikumar124 »

i think block 1 price is around 6000-7000 rs internal roads considering this as base price for sure people are puting extra effort to get directly fro BDA .. , by the way i am also one of the failed aspirant ..mine site was 2201 for sure went for more then double ..
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