520 sq ft Residential Plot for Auction in Indore – Hinduja Housing Finance Limited

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

520 sq ft

Reserve price / sq ft

₹4,158

Locality

—

City

Indore

State

Madhya Pradesh

Pincode

452015

Address

Plot No. 159, Ganesh Dham Colony, Ward No. 19, Zone No. 17, Tehsil & District Indore (M.P.)-452015 admeasuring total area 520 sq.ft. Boundaries: North: House of Shyambai Gupta, South: Vacant plot, East: Back lane, West: Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Hinduja Housing Finance Limited

Branch

Hinduja Housing Finance Limited, Indore - BO

Auction type

SARFAESI Auction

Borrower

Mr. R**** M*****

Auction start

16 Nov 2026, 11:00 AM

Auction end

16 Nov 2026, 01:00 PM

EMD submission deadline

13 Nov 2026, 05:00 PM

Inspection

14 Oct 2026, 11:00 AM – 12 Nov 2026, 02:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹4,158 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,610 per sq ft, so this one is 10% below 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 (open notice).
2. Inspect the property on 14 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,16,200 before 13 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 16 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.