197 sq feet Commercial Building for Auction in Gwalior – BOM

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

197 sq feet (≈ 197 sq ft)

Reserve price / sq ft

₹5,645

Locality

—

City

Gwalior

State

Madhya Pradesh

Pincode

474001

Address

Gwalior, Madhya Pradesh, 474001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Maharashtra

Branch

MADHAV MAHAVIDYALAYA, GWALIOR

Auction type

SARFAESI Auction

Borrower

M/s U***** W****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 02:00 PM

EMD submission deadline

18 Nov 2026, 10:00 AM

Inspection

02 Nov 2026, 10:00 AM – 06 Nov 2026, 04:00 PM

Authorised officer

Amreet Kumar Mishra

Officer contact

8308897978

E-auction portal

BAANKNET (Property ID MAHB40117405963)

Price Check

This listing's reserve price works out to ₹5,645 per sq ft. The average across commercial bank auctions in Gwalior on our site is ₹12,109 per sq ft, so this one is 53% 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.
2. Inspect the property on 2 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID MAHB40117405963)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 10:00 AM. It is refunded if you don't win.
5. Bid online on 18 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.