Summary of this article
MHADA auctions 84 commercial shops across prime Mumbai locations.
Rising rents highlight strong demand for quality commercial spaces.
Fully digital registration and bidding ensure transparent participation.
The Maharashtra Housing and Area Development Authority (MHADA) has announced an auction of 84 commercial properties across prime and high-demand locations in Mumbai. This move is a part of MHADA's ongoing effort to monetize real estate in their commercial inventory.
This auction seeks to provide small businesses, entrepreneurs, and investors a chance to secure property in premium locations. The announcement of the auction comes at a time when Mumbai retail-leasing rents have grown in double digits in high demand locations. According to Cushman & Wakefield (C&W) Q3 2025 Retail Marketbeat Report, high-street retail rents have grown in the range of 10 per cent to 24.2 per cent. The rising rent indicates a robust seller or landlord market amid limited prime supply and high demand. Thus the auction is expected to provide relief to interested buyers who are looking for a stable and long-term investment.
MHADA's commercial units are usually located inside large residential colonies and pre-existing marketplaces, this makes the shops particularly attractive for businesses in segments such as pharmacies, salons, cafes, mobile shops etc.
The successful bidders will receive an assurance of a legally clean title since these properties are extended ownership through leasehold under MHADA's standard terms. For first-time investors, this reduces the usual uncertainty and dilemma linked with commercial deals.
The authority has confirmed that the auction will be conducted online to eliminate middlemen and ensure a transparent bidding process. Through the online portal, applicants will be able to access the shop descriptions, base prices, size of the property, floor plans and locations. The registration process is simple, but must be completed within the given timeframe to keep the process fair. MHADA said that late applicants will not be entertained once the window closes.
Interested buyers must also keep in mind that participation requires an Earnest Money Deposit (EMD), which varies according to the base price of the shop of choice. The amount is refundable for unsuccessful bidders.. The EMD amount is a small sum of money which bidders pay to confirm that they are serious about their participation in the auction.
How Can You Register for the Commercial Property Auction
For interested buyers to participate in the auction of the 84 commercial shops, they must follow the following steps.
Visit the Official MHADA E-Auction Portal: The entire auction will roll out digitally through MHADA's designated website for auctions. This is where you will find the entire listicle of the properties listed for auction along with location, floor plans, eligibility rules, and auction dates.
Create a User Profile: Interested buyers must go through the verifications and checks and sign up on the portal using their email ID and mobile number. Once the OTP verification is complete, the portal will allow you to access the application form. Keep your identity documents and business details handy.
Select the Shop: Every shop comes with its own detailed information sheet, which helps the bidder in choosing the unit that is ideal for them. The portal may ask for PAN, Aadhaar, photographs, financial details, and any other important documentation.
Pay the Earnest Money Deposit: This is an amount that is essential to qualify for the bidding, it can be made through the online portal through net banking or any other listed payment modes. The amount differs based on the chosen property's base price.
Participate in the Online Auction: On the scheduled date and time, log in to the portal and bid in real time among other bidders. The highest valid bid at the end time of the auction wins the allotment.
The auction of these 84 commercial shops is another step towards bringing transparency and efficiency to Mumbai's commercial market. Amid constant real estate prices rising nation-wide. As per the same C&W report, India witnessed a 45 per cent Y-o-Y in retail leasing activity itself. Introduction of registration and bidding done completely on a digital platform, the process is simple and involves new and experienced buyers alike by MHADA.
