1,800 sq feet House for Auction in Gulab Bagh Colony Indore, Indore – BOB

Property Details

Property type

House (Residential)

Possession

Not specified

Area

1,800 sq feet (≈ 1,800 sq ft)

Reserve price / sq ft

₹6,111

Locality

Gulab Bagh Colony Indore

City

Indore

State

Madhya Pradesh

Pincode

452010

Address

Gulab Bagh Colony Indore, Madhya Pradesh, 452010 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Baroda

Branch

REGIONAL SARB, INDORE - 5997

Auction type

DRT Auction

Borrower

Sunita Y**** W** C***** S**** Y****

Auction start

09 Dec 2026, 12:00 PM

Auction end

09 Dec 2026, 01:00 PM

EMD submission deadline

07 Dec 2026, 05:00 PM

Inspection

18 Nov 2026, 12:00 PM – 18 Nov 2026, 04:00 PM

Authorised officer

H L Pandro

Officer contact

7880103915

E-auction portal

BAANKNET (Property ID BARB599720260017)

Price Check

This listing's reserve price works out to ₹6,111 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,610 per sq ft, so this one is 33% 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 18 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BARB599720260017)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 07 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 9 Dec 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.