PMRDA Initiates e-Auction of 120 Shops in Bhosari Peth, Offering Exciting Business Opportunities in Pune

Pune, 19th June 2023: The Pune Metropolitan Region Development Authority (PMRDA) has recently announced the launch of an e-auction for 120 shops located in the vibrant Bhosari Peth area. This development presents a lucrative opportunity for aspiring entrepreneurs and business owners to establish their ventures in a prime location.

These shops are part of the esteemed residential scheme number 12, which encompasses a thriving community of 4,800 residences. With the aim to foster commercial growth and enhance the local economy, PMRDA is offering these shops on a lease basis for a period of 80 years.

The available shops in this e-auction vary in size, ranging from a minimum area of 10.36 square meters to a maximum area of 23.09 square meters. This diverse range of shop sizes ensures that entrepreneurs can choose a space that best suits their business requirements.

To participate in the e-auction, interested individuals must undergo the registration process. The application form can be downloaded from the official website of PMRDA. The registration window is currently open and will remain so until July 12, 2023, at 5:00 pm. This gives prospective bidders ample time to prepare and submit their applications.

To register for the e-auction and secure a chance to acquire one of these coveted shops, applicants can visit the official website at https://eauction.gov.in. The e-auction process is scheduled to commence on August 10, 2023, at 11:00 am. It is advised that participants familiarize themselves with the terms and conditions of the e-auction to ensure a smooth bidding process.

PMRDA’s initiative to auction these shops highlights their commitment to promoting entrepreneurship and driving economic growth in the region. Successful bidders will have the opportunity to establish their businesses in a bustling neighborhood, catering to the needs of the local community.

This e-auction not only presents an exciting opportunity for business owners but also contributes to the overall development and prosperity of Bhosari Peth. It is a testament to PMRDA’s dedication to creating a thriving business ecosystem in Pune.

Aspiring entrepreneurs and business enthusiasts are encouraged to seize this opportunity and explore the potential of acquiring a shop in Bhosari Peth. With the support of PMRDA and the dynamic environment of Pune, this e-auction marks the beginning of a new chapter for business growth and success.

Interested individuals are advised to visit the official website, download the application form, and complete the registration process within the stipulated timeframe. Don’t miss out on this chance to secure a shop in Bhosari Peth and embark on an exciting entrepreneurial journey.

Stay tuned for further updates and announcements regarding the e-auction process.

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