2,257 sq meter Industrial Plot for Auction in Mandsaur, Mandsaur – SBI

Property Details

Property type

Industrial Plot (Industrial)

Possession

Physical Possession

Area

2,257 sq meter (≈ 24,294 sq ft)

Reserve price / sq ft

₹252

Locality

Mandsaur

City

Mandsaur

State

Madhya Pradesh

Pincode

458001

Address

MANDSAUR, Madhya Pradesh, 458001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB INDORE-10007

Auction type

SARFAESI Auction

Borrower

SURBHI C***** F***

Auction start

25 Nov 2026, 11:00 AM

Auction end

25 Nov 2026, 04:00 PM

EMD submission deadline

25 Nov 2026, 03:50 PM

Inspection

19 Nov 2026, 10:00 AM – 20 Nov 2026, 05:00 PM

Authorised officer

ATUL JAIN

Officer contact

9425067118

E-auction portal

BAANKNET (Property ID SBIN90245711211A)

Price Check

This listing's reserve price works out to ₹252 per sq ft. The average across industrial bank auctions in Mandsaur on our site is ₹190 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 19 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN90245711211A)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Nov 2026, 03:50 PM. It is refunded if you don't win.
5. Bid online on 25 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.