0.11 hectares Commercial Building for Auction in Village Rusalla Ashok Nagar, Ashoknagar – UCO

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

0.11 hectares (≈ 11,840 sq ft)

Reserve price / sq ft

₹427

Locality

Village Rusalla Ashok Nagar

City

Ashoknagar

State

Madhya Pradesh

Pincode

473331

Address

VILLAGE RUSALLA ASHOK NAGAR, Ashoknagar, Madhya Pradesh, 473331 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

UCO Bank

Branch

ASHOK NAGAR-2360

Auction type

SARFAESI Auction

Borrower

DEV S**** I*****

Auction start

17 Nov 2026, 01:00 PM

Auction end

17 Nov 2026, 05:00 PM

EMD submission deadline

17 Nov 2026, 12:00 PM

Inspection

12 Nov 2026, 11:00 AM – 13 Nov 2026, 04:00 PM

Authorised officer

KAMAL KISHORE

Officer contact

8817616280

E-auction portal

BAANKNET (Property ID UCBA2360001)

Price Check

This listing's reserve price works out to ₹427 per sq ft. The average across commercial bank auctions in Ashoknagar on our site is ₹2,338 per sq ft, so this one is 82% 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 12 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID UCBA2360001)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 17 Nov 2026, 12:00 PM. It is refunded if you don't win.
5. Bid online on 17 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.