85.75 sq ft Flat for Auction in Indore – Tata Capital

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

85.75 sq ft

Reserve price / sq ft

₹18,000

Locality

—

City

Indore

State

Madhya Pradesh

Address

Description of the Immovable Property: All that piece and parcel of the Flat no. G-09, Ground Floor, P. Hukumchand market, Municipal House no. 252, (Old No.245 (143 & 32), Imli Bazar (Siremal Bapna marg) Indore builtup area 85.75 Sq.ft. (i.e. 7.99 Sq.mtr.) Boundaries: East: Flat No. G-10; West: Flat No. G-08: North: House Of Passage Then House No. 142; South: House No. 144 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Tata Capital

Branch

Radisson Square

Auction type

SARFAESI Auction

Borrower

MR K**** R*****

Auction start

26 Nov 2026, 02:00 PM

Auction end

26 Nov 2026, 03:00 PM

EMD submission deadline

25 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2443324

Price Check

This listing's reserve price works out to ₹18,000 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,610 per sq ft, so this one is 290% 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 2443324), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,54,350 before 25 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 26 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
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.