0.12 hectares House for Auction in Balaghat – BOM

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

0.12 hectares (≈ 12,916 sq ft)

Reserve price / sq ft

₹397

Locality

—

City

Balaghat

State

Madhya Pradesh

Pincode

481001

Address

Balaghat, Madhya Pradesh, 481001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Maharashtra

Branch

BALAGHAT-MAIN ROAD

Auction type

SARFAESI Auction

Borrower

MS M** J**** J***** P*** R***** R*****

Auction start

19 Nov 2026, 10:00 AM

Auction end

19 Nov 2026, 05:00 PM

EMD submission deadline

18 Nov 2026, 04:00 PM

Inspection

11 Nov 2026, 10:00 AM – 16 Nov 2026, 05:00 PM

Authorised officer

Utkarsh Watane

Officer contact

8600929575

E-auction portal

BAANKNET (Property ID MAHB205)

Price Check

This listing's reserve price works out to ₹397 per sq ft. The average across residential bank auctions in Balaghat on our site is ₹1,546 per sq ft, so this one is 74% 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 MAHB205)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 19 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.