4,148 sq ft House for Auction in Indore – Jana SFB

Property Details

Property type

House (Residential)

Possession

Not specified

Area

4,148 sq ft

Reserve price / sq ft

₹645

Locality

—

City

Indore

State

Madhya Pradesh

Address

Property Description/ Schedule: All that piece and parcel of land bearing House No. 187 & 188, admeasuring area of 4148 Sq.ft. (385.50 Sq.mtrs.), together with construction thereon, situated at Old Ward No. 15, New Ward No.06, Gadhi Mohalla, Kasba Betma, Tehsil Depalpur & District Indore (M.P.). Bounded by: East by: Common Road, West by: Old Jain Mandir, North by: House of Bhanwarlal, S/o. Mota Ji and South by: House of Rampadarth Pandey. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Jana Small Finance Bank

Branch

Vijay Nagar Indore

Auction type

SARFAESI Auction

Borrower

Mr. M*****

Auction start

16 Nov 2026

Auction end

16 Nov 2026, 02:00 PM

EMD submission deadline

14 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 470533

Price Check

This listing's reserve price works out to ₹645 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,610 per sq ft, so this one is 86% 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 (AuctionTiger · Auction ID 470533), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,67,627 before 14 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.