The Bengaluru Development Authority(BDA) is anticipated to raise up to Rs 1800 crore through the auction of prime urban land parcels, enhancing efforts to monetize land assets and increase revenues.
This initiative is likely to draw competitive bidding from prominent real estate developers, given the ongoing land scarcity and robust demand in significant urban markets. A key aspect of the proposed monetization strategy involves the Bangalore Development Authority’s (BDA) planned e-auction of three substantial commercial land parcels in Konadasapura, situated along the rapidly developing Whitefield–Hosakote Road corridor in eastern Bengaluru.
The largest parcel covers over 52 acres (approximately 2.13 lakh square meters), while the two smaller sites are 2.19 acres (10,037 square meters) and 1.31 acres (7,193 square meters), respectively. All parcels are being offered on an ‘as-is-where-is’ basis.
The e-auction process will commence on December 1, 2025, with the deadline for expressing interest set for December 15. Live online bidding will take place between December 17 and 18, with a minimum bid increment of ₹500 per square meter and a requirement for at least two bidders per site, stated a notification released by the authority.
The bid document indicates that successful bidders will need to pay 25% of the bid value immediately, while the remaining 75% must be settled within 45 days of receiving the allotment letter, it noted. ‘Government-owned lands offer a high level of assurance to prospective buyers regarding secure title, underlying zoning, and clear regulations on building bylaws.
This initiative by the BDA to auction prime lands presents an excellent opportunity for developers to invest in land parcels where they can initiate construction promptly and without complications,’ remarked Gaurav Kumar, Managing Director, Capital Markets and Land, CBRE India.
According to experts in the real estate sector, the comprehensive land disposal strategy emphasizes strategically positioned plots owned by various public agencies, which include urban development authorities and surplus government land designated for monetization. Tender frameworks are anticipated to facilitate either freehold or long-term lease arrangements, contingent upon land use regulations and geographical location.
The property market in Bangalore has been experiencing a growth trend, with leading developers such as Prestige Group, Sobha Ltd, Godrej Properties, Puravankara, Brigade Enterprises, and Asetz Property acquiring substantial land parcels. As private land inventories diminish during a prolonged property upcycle, developers are increasingly seeking government auctions to replenish their land reserves, particularly in the Whitfield area. Recent government-led auctions in various cities have underscored the demand for premium land assets.
In Hyderabad, the Telangana government achieved a sale of ₹3,135 crore in the Raidurg financial district, while the municipal authority in Mumbai recently announced the auction of a 6-acre parcel in Worli, with a starting price of ₹1,348 crore. In Bengaluru, the regular e-auctions conducted by the BDA throughout 2025 — which encompass both residential and commercial sites — have consistently bolstered the city’s project pipeline, even as private developers increase their direct land acquisitions.
Bengaluru’s housing prices have sustained a robust upward trend, especially in premium segments and larger units. Data from JLL India indicates that residential sales in Bengaluru from January to September 2025 were approximately 45,815 units.
