600 sq feet Commercial Building for Auction in Ashoknagar – BOB

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

600 sq feet (≈ 600 sq ft)

Reserve price / sq ft

₹4,250

Locality

—

City

Ashoknagar

State

Madhya Pradesh

Pincode

473331

Address

Ashoknagar, Madhya Pradesh, 473331 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Baroda

Branch

GANESH COLONY, ASHOK NAGAR - 8817

Auction type

SARFAESI Auction

Borrower

RAMAN R***** S** A** S**** R*****

Auction start

26 Nov 2026, 02:00 PM

Auction end

26 Nov 2026, 06:00 PM

EMD submission deadline

26 Nov 2026, 05:59 PM

Inspection

—

Authorised officer

DEEPENDRA SINGH

Officer contact

7049633705

E-auction portal

BAANKNET (Property ID BARB8817RAMANRAGHUWANSHI)

Price Check

This listing's reserve price works out to ₹4,250 per sq ft. The average across commercial bank auctions in Ashoknagar on our site is ₹2,338 per sq ft, so this one is 82% 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 (BAANKNET (Property ID BARB8817RAMANRAGHUWANSHI)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 05:59 PM. It is refunded if you don't win.
5. Bid online on 26 Nov 2026 starting above the reserve price.
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.