55.76 sq meter Flat for Auction in Flat No 01 First Floor " Rekha Heights"indus Town Campus, Bhopal – BOI

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

55.76 sq meter (≈ 600 sq ft)

Reserve price / sq ft

₹2,762

Locality

Flat No 01 First Floor " Rekha Heights"indus Town Campus

City

Bhopal

State

Madhya Pradesh

Pincode

462047

Address

FLAT NO 01 FIRST FLOOR " REKHA HEIGHTS"INDUS TOWN CAMPUS, Bhopal, Madhya Pradesh, 462047 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

BHOPAL-9000

Auction type

SARFAESI Auction

Borrower

MR. G***** S*****

Auction start

12 Nov 2026, 11:00 AM

Auction end

12 Nov 2026, 05:00 PM

EMD submission deadline

12 Nov 2026, 04:00 PM

Inspection

—

Authorised officer

krishna pareek

Officer contact

9752153767

E-auction portal

BAANKNET (Property ID BKIDBHOPAL652)

Price Check

This listing's reserve price works out to ₹2,762 per sq ft. The average across residential bank auctions in Bhopal on our site is ₹2,944 per sq ft, so this one is 6% 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 (BAANKNET (Property ID BKIDBHOPAL652)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 12 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.