1,530 sq ft House for Auction in Indore – Jana SFB

Property Details

Property type

House (Residential)

Possession

Not specified

Area

1,530 sq ft

Reserve price / sq ft

₹1,015

Locality

—

City

Indore

State

Madhya Pradesh

Address

Property Description/ Schedule: All that piece and parcel of land bearing Plot/ House No. 03, total admeasuring area of 1530 Sq.ft. (142.19 Sq.mtrs.), together with construction thereon, Part of Survey No.50, PH. No. 32. situated at Gram Bamniyakhedi, within the limits of Grampanchayat Kherkhedi, Tehsil & District Shajapur (M.P.). Bounded by: East by: Common Road, West by: Land of Bhagwan, North by: Land of Kailash and South by: Common Road. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Jana Small Finance Bank

Branch

Vijay Nagar Indore

Auction type

SARFAESI Auction

Borrower

Mr. D**** S****

Auction start

11 Dec 2026

Auction end

11 Dec 2026, 02:00 PM

EMD submission deadline

10 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 471348

Price Check

This listing's reserve price works out to ₹1,015 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,610 per sq ft, so this one is 78% 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 (AuctionTiger · Auction ID 471348), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,55,366 before 10 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 11 Dec 2026 starting above the reserve price, in multiples of ₹10,000.
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.