Other Asset Bank Auction Symbolic Possession

Other Asset for Auction in Industrial Area Rudhi Bhavsingpura, Khandwa – Union Bank

Industrial Area Rudhi Bhavsingpura, Khandwa, Madhya Pradesh · Auction ID #108002

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Other Asset for auction in Industrial Area Rudhi Bhavsingpura, Khandwa – Union Bank – photo 1
Reserve Price ₹4,82,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 13 Nov 2026, 12:00 PM Today
EMD Last Date 13 Nov 2026, 05:00 PM Today
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Property Details

Property type
Other Asset (Others)
Possession
Symbolic Possession
Locality
Industrial Area Rudhi Bhavsingpura
Pincode
450001
Address
Industrial Area Rudhi Bhavsingpura, Madhya Pradesh, 450001 View on map

Description (as per sale notice)

"Diverted land and building situated at Dondwada survey no 851/2(Commercial Diversion) Area 1.40 Hect. & 851/3 (lndustrial Diversion) Area 1.40 Hect. tehsil Khandwa, Dist Khandwa. Survey No 851/2 Owned By Ms Sethi Agritech Pvt Ltd. Survey No 851/3 Owned By Mrs. Kamlesh Manakchand Sethi."

BAANKNET Property ID: UBINBHOIAB1320C
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ARB INDORE-579335
Auction type
Bank Auction
Borrower
SETHI A***** P***** L*****
Auction start
13 Nov 2026, 12:00 PM
Auction end
13 Nov 2026, 05:00 PM
EMD submission deadline
13 Nov 2026, 05:00 PM
Inspection
—
Authorised officer
RITESH CHOUDHARY
Officer contact
9981401218
E-auction portal
BAANKNET (Property ID UBINBHOIAB1320C)
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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 UBINBHOIAB1320C)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 13 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 13 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 Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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