2,650 sq ft Land & Building for Auction in Bhopal – Shriram Asset Reconstruction Private Limited

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

2,650 sq ft

Reserve price / sq ft

₹275

Locality

—

City

Bhopal

State

Madhya Pradesh

Address

All that piece and parcel of land bearing Part of Survey No.298/372(S), admeasuring area of 2650 Sq.ft., (246.28 Sq.mtrs), together with construction thereon, situated at Gram Rusalli Khurd, P.H. No.26, within the limits of Grampanchayat Paharua, Tehsil Aron & District Guna (M.P.). Boundaries are as under: East: Road, West: House of Balkishan, North: House of Rajput, South: House of Rajput View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Shriram Asset Reconstruction Private Limited

Branch

Burkit Road, T Nagar

Auction type

SARFAESI Auction

Borrower

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

Auction start

30 Nov 2026, 11:00 AM

Auction end

30 Nov 2026, 02:00 PM

EMD submission deadline

29 Nov 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2448094

Price Check

This listing's reserve price works out to ₹275 per sq ft. The average across residential bank auctions in Bhopal on our site is ₹2,953 per sq ft, so this one is 91% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2448094), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹72,285 before 29 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 30 Nov 2026 starting above the reserve price, in multiples of ₹30,000.
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.