MMRDA to auction 7 plots in G Block, BKC

The last date to participate in the bid is September 18, 2024.

The Mumbai Metropolitan Region Development Authority (MMRDA) is leasing seven plots at the Bandra Kurla Complex (BKC) for 80 years. Located in the G Block, the MMRDA has invited bids for these plots. 

 

MMRDA e-auction: Key facts

  • Total reserve price is Rs 5,947 crore
  • FSI of the land to be auctioned is 4
  • There are four commercial plots and three residential plots
  • Plots range between 4,956.18 square metre (sqm) to 8,411 sqm
  • Reserve price for commercial plot is set at Rs 3. 4 lakh per square metre of built-up area 
  • Reserve price for residential plot is set at Rs 3. 5 lakh per square metre of built-up area 

 

MMRDA e-auction: Important dates

 

Bidding start date August 1, 2024
Bidding end date September 18, 2024
Last date for receipt of queries September 12, 2024
Site visit September 12, 2024
Pre-bid meeting September 14, 2024

 

Details of plots to be auctioned

 

All bidders who are interested for the commercial plots have to fill the form and pay an EMD https://mahatenders.gov.in/nicgep/app that will be done through bank guarantee and online transfer.

 

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com

 

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