The same nine steps whether the seller is a development authority, a housing board or an industrial corporation, and whether the scheme is an auction, a draw or a counter sale. What changes between them is the arithmetic, not the order. Every figure below is taken from an authority's own published document, and is linked from the scheme page it came from.
Start from where you want to buy or from what you want to buy, not from an authority's
name - most people do not know which body sells in their city. The location menu lists every
district with property on offer; the property menu splits flats from plots and residential
from industrial.
Where it goes wrong. A scheme that closed last week still appears in search results elsewhere. Check the
status on the page, not the date on the brochure.
2
Check whether you may apply at all
Two separate gates. The first is the scheme's own eligibility - some are restricted to a
first-time buyer, an income band, a domicile, or a registered industrial unit. The second is
the plot's category, which on a reserved plot decides who may bid and
on an industrial plot decides which trade may occupy it.
On this site: Every scheme page carries an Eligibility section, transcribed from the
brochure.
Where it goes wrong. A reserved plot rejects a bid from outside its category whatever it offers, and the
money is tied up until it is refunded.
3
Read the authority's own documents
Not a summary of them, including ours. The brochure sets the terms, but a corrigendum,
circular or price revision published afterwards overrides it - which is why the documents on
every scheme page here are grouped with changes since publication first, and why each one
opens at the authority's own site rather than being copied here.
On this site: Brochure, terms, fee schedule, inventory, and anything issued since.
Where it goes wrong. Dates and prices move in corrigenda. Reading only the brochure is how people arrive on
the wrong day with the wrong figure.
4
Work out the real total
The advertised price is the floor of the bid, not the cost. Add the
location premium if the plot is a corner, park-facing or on a wide road; the
freehold charge if it is leasehold; GST;
stamp duty and registration; and 1% TDS at ₹50 lakh and above.
On this site: Every plot on this site has a full costing that does this arithmetic
against the authority's own published charges.
Where it goes wrong. Budgeting the advertised figure is the most common way a first-time buyer runs out of
money between winning and paying.
5
Register on the authority's portal
On the authority's own site, never here and never through anyone offering to do it for
you. Registration means an account, KYC documents, and usually a digital signature for an
e-auction. It takes longer than people expect, and the portal is busiest on the last day.
On this site: Every scheme page links to the portal the authority named, and says which
portal it is.
Where it goes wrong. KYC can take days to clear. Starting on the last date is starting too late.
6
Pay the fee and the EMD
The registration or brochure fee, usually with 18% GST, and the EMD. Both
close on the registration date, which is earlier than the auction date. The EMD is refundable
and is adjusted into the price if you win.
On this site: The EMD each authority asks for is on its scheme page, per plot where the
authority publishes it per plot.
Where it goes wrong. Miss this date and the bid cannot be placed at all. It closes with registration, not on
the auction day.
7
Bid, or apply
In an e-auction the bidding runs for a set window on the auction day,
and a bid landing near the close usually extends it - RIICO adds five minutes each time a bid
arrives in the last five, so an auction advertised as ending at 5 pm can run considerably
later. In a draw there is nothing to do on the day: the lottery is run
and the result is published. On a first come first serve scheme, booking is the act.
On this site: the auction date and window are on the scheme timeline; the alert fires two days before registration closes.
Where it goes wrong. Decide your ceiling before the window opens and do not move it during. An auction is
designed to find the highest number somebody will say out loud.
8
Allotment
The highest bid is normally accepted subject to confirmation - a committee still approves
it. The allotment letter is the formal offer, and it starts the
payment clock: commonly 25% of the value less the EMD, within 30 days at RIICO or 90 at MDA.
On this site: the allotment letter terms are quoted from the brochure on the scheme page, with the clause number.
Where it goes wrong. Missing the first tranche usually cancels the allotment and forfeits the EMD. Everything
paid so far is gone with it.
9
Payment, registration and possession
The balance follows as a lump sum or in instalments carrying interest - MDA charges 9.70%
over six half-yearly instalments. Then the deed is executed and registered, on its own
deadline: six months at MDA, then ₹1,000 a month. Possession is a
separate event again, and on a plot in a new sector the services can arrive years after the
paperwork.
On this site: instalment interest, deed deadline and possession terms sit in the “What you pay” section of each scheme.
Where it goes wrong. Registration is not possession and possession is not infrastructure. Ask what is actually
built on the ground before you plan to use the plot.
?
Still not sure how any of it works
The concepts, one section per question, before the process.
KDA Kota · Rajasthan · Kota · 90 on sale · E-auction
YEIDA · Uttar Pradesh · Yamuna Expressway · 10 on sale · E-auction