BDA auction

Posts: 26
Joined: November 16th, 2009, 2:46 am

BDA auction

Postby Nammane » November 2nd, 2017, 9:56 pm

Hello Friends,
I saw there is a BDA auction coming up this month, one i saw is next to Orion Mall, it is 1410.25 SQ meter.
Its huge site, i am sure it needs 10-15 people to pool in, does it make sense to bid as a group, anyone interested?
I saw this ad in vijaya karnataka 2 days back.
Please see the attachement
Screen Shot 2017-11-01 at 5.46.43 PM.png
Screen Shot 2017-11-01 at 5.46.43 PM.png (469.55 KiB) Viewed 5793 times

Posts: 1340
Joined: June 17th, 2009, 2:21 pm

Re: BDA auction

Postby msn1270 » November 3rd, 2017, 8:40 pm


Firstly, the plot is a very odd shaped one. You need to think multiple times about the aesthetics of the building to be constructed and the purpose.

Secondly, base Price itself is nearly Rs. 17 Crores. Final settlement price can go up to Rs. 20 -25 Crores b'cos of the hot commercial location.
Arranging the potential buyers for a group investment all in white is really a challenging one.

All the Best.

Posts: 143
Joined: May 13th, 2009, 11:33 am

Re: BDA auction

Postby nagsbhat » November 4th, 2017, 12:09 pm

Also, saw something like 42000/- in BSK IV stage. Has real estate gone down or is there an issue in the area?

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