316 sq feet Residential Plot for Auction in Indore – BOB

Property Details

Property type

Residential Plot (Residential)

Possession

Physical Possession

Area

316 sq feet (≈ 316 sq ft)

Reserve price / sq ft

₹2,278

Locality

—

City

Indore

State

Madhya Pradesh

Pincode

453555

Address

Indore, Madhya Pradesh, 453555 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Baroda

Branch

SUKHLIYA, INDORE - 3889

Auction type

SARFAESI Auction

Borrower

Mr. B***** S**** R**** S** V***** R****

Auction start

16 Nov 2026, 02:00 PM

Auction end

16 Nov 2026, 06:00 PM

EMD submission deadline

16 Nov 2026, 05:59 PM

Inspection

12 Nov 2026, 11:00 AM – 12 Nov 2026, 02:00 PM

Authorised officer

HITESH SADIJA

Officer contact

9752410695

E-auction portal

BAANKNET (Property ID BARB388920260001)

Price Check

This listing's reserve price works out to ₹2,278 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,610 per sq ft, so this one is 51% 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 12 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BARB388920260001)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 16 Nov 2026, 05:59 PM. It is refunded if you don't win.
5. Bid online on 16 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.