2,223 sq ft House for Auction in Indore – Jana SFB

Property Details

Property type

House (Residential)

Possession

Not specified

Area

2,223 sq ft

Reserve price / sq ft

₹523

Locality

—

City

Indore

State

Madhya Pradesh

Address

Property Description Schedule: All that piece and parcel of land bearing Plot/ House No. 119/2, total admeasuring area of 2223 Sq.ft., together with construction thereon, Part of Khasra No.290, situated at Gram Chikli, PH. No.24, within the limits of Grampanchayat Chikli, Janpad Panchayat Tarana, Tehsil Makdone & District Ujjain (M.P). Bounded by: East by: Government Lane, West by: House of Bherulal, North by: Plot of Babulal 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. P***** K**** C*****

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 471345

Price Check

This listing's reserve price works out to ₹523 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,610 per sq ft, so this one is 89% 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 471345), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,16,190 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.