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Commercial Building SARFAESI Auction Symbolic Possession

5,044.5 sq meter Commercial Building for Auction in Pithampur, Dhar – BOM

Pithampur, Dhar, Madhya Pradesh · Auction ID #107981

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Commercial Building for auction in Pithampur, Dhar – BOM – photo 1
Reserve Price ₹1,98,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 18 Nov 2026, 01:00 PM In 3 days
EMD Last Date 18 Nov 2026, 12:00 PM In 3 days
Area5,044.5 sq meter
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
5,044.5 sq meter (≈ 54,298 sq ft)
Reserve price / sq ft
₹365
Locality
Pithampur
City
Dhar
Pincode
453441
Address
Pithampur, Madhya Pradesh, 453441 View on map

Description (as per sale notice)

3. The Property Situated At S no 387/3,Patwari halka no. 23 Gram Neuguradiya, Kodaria to Chordiya Road, Mhow, Indore(MP) 453441,admeasuring 5044.50 square meter ,owned by Mr. Hemant Mukati, Boundaries of the property is as follows- On or towards the East.- Land of Laxminarayan Mukati,Survey No. 387/2 On or towards the West. –Common road and land of Kailash Patidar On or towards the North.- Land of Santosh S/o Mr. Ramchandra,Survey No. 388 On or towards the South.- Land of Kanhaiyalal Lakde CERSAI ID: 200025660451

BAANKNET Property ID: MAHB02SHREEGANGA
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Bank & Auction Details

Bank / Lender
Bank of Maharashtra
Branch
KODRIA
Auction type
SARFAESI Auction
Borrower
SHREE G**** F****
Auction start
18 Nov 2026, 01:00 PM
Auction end
18 Nov 2026, 05:00 PM
EMD submission deadline
18 Nov 2026, 12:00 PM
Inspection
11 Nov 2026, 12:00 PM – 13 Nov 2026, 04:00 PM
Authorised officer
Umesh Kumar
Officer contact
9417570827
E-auction portal
BAANKNET (Property ID MAHB02SHREEGANGA)
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Price Check

This listing's reserve price works out to ₹365 per sq ft. The average across commercial bank auctions in Dhar on our site is ₹701 per sq ft, so this one is 48% 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 11 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID MAHB02SHREEGANGA)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 18 Nov 2026, 12:00 PM. 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Bank of Maharashtra. Always verify every detail with the official notice and the authorised officer before paying any money.

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