The Bharat Diamond Bourse (BDB) is inviting applications for an online auction of 135 of its office spaces. The auction will be held in April 2011. %% According to terms of application, the applicants be either existing members or should have applied for Trade Membership of BDB by 7th April 2011 and the Trade Membership Application should be in principle approved by the Enrolment/ Managing Committee. Also, according to Mr. Anoop Mehta, president, BDB, “The auction in totality will be held online and no physical bids will be accepted under any circumstances”. Interested applicants can access Eligibility Criteria for membership and Trade Membership Form on the BDB website www.bdbindia.org. %% Mr. Mehta further added that “All participants are required to apply online and submit their Earnest Money Deposits (EMD) by 18th April, 2011. On approval, only registered bidders can participate in the auction for the Block of Shares with occupancy rights of Stipulated Premises”. Also, “The auction is open to all member of the diamond trade globally, so long as they are a member of a Diamond Bourse affiliated to the World Federation of Diamond Bourses (WFDB), making it an excellent opportunity for international companies to open office in India”, he said. %% The BDB comprises of eight towers spread over 20-acres with 2500 offices, of which 2300 offices have been allotted. It is located in Mumbai. %% KPMG has undertaken the mandate of managing the auction’s entire process and related guidelines and Centerac India Pvt. Ltd. which has built the platform will also provide an extensive training programme to all eligible bidders.