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MUDA/BDA Auction of sites - reviews please

Posted: May 8th, 2014, 3:36 pm
by Chandu
Hi All,
Mysore (MUDA) or Bangalore (BDA) does publish in news papers that it invites people to bid for vacant sites(Auction).
Has any one tried this , is it worth applying , how does rates work-out,what are the pros and cons of this Auction.
One of my fiend told , rates are high and sometimes they cross over market rate - due to lot of people bidding.

Regards