200 sq ft Residential Plot for Auction in Indore – Chola

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

200 sq ft

Reserve price / sq ft

₹18,500

Locality

—

City

Indore

State

Madhya Pradesh

Pincode

454552

Address

Item No. 1: All the part and parcel of the Property Situated at Survey No. 423/1, P.H.No. 25, Dhamnod Teh. Dharampuri Distt. Dhar 454552 M. Land Rakba 0.007 Hect. 800 Sq. Ft. 74.969 Sq Mtr. Boundaries:- East Land of Patidar, West Road, North Remaining Part sold to Ganesh, South Remaining Part sold to RanchhodItem No. 2: All the part and parcel of the Property Situated at, Survey No. 423/7. P.H. No. 25, Ward No. 13, Dahiwar Marg Se Andar Kushwah Colony to Patwa Colony Area Dhamnod Teh. Dharampuri, Distt. Dhar 454552, M.P. Land Rakba 0. 002 Hect. Area 200 Sq. Ft (18.587 Sq. Mtr) by Shri Ranchhod Patidar to Ankit Patidar. Admeasuring Super Built-up Area 200 Sq.ft. (18.587 Sq. Mt.) Boundaries:- East Land of Rajendrakumar Tilokchand Jain HUF, West Road, North: House of Ankit Patidar, South: House of Ranchhod View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

Guindy

Auction type

SARFAESI Auction

Borrower

M/s A**** T*****

Auction start

13 Nov 2026, 11:00 AM

Auction end

13 Nov 2026, 12:00 PM

EMD submission deadline

12 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2442092

Price Check

This listing's reserve price works out to ₹18,500 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,610 per sq ft, so this one is 301% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2442092), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,70,000 before 12 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 13 Nov 2026 starting above the reserve price, in multiples of ₹1,00,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.