50.96 sq meter Flat for Auction in Gondarmau, Bhopal – BOB

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

50.96 sq meter (≈ 548 sq ft)

Reserve price / sq ft

₹1,493

Locality

Gondarmau

City

Bhopal

State

Madhya Pradesh

Pincode

462036

Address

GONDARMAU, Bhopal, Madhya Pradesh, 462036 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Baroda

Branch

REGIONAL SARB, BHOPAL - 6010

Auction type

SARFAESI Auction

Borrower

AMIT K**** S****

Auction start

17 Nov 2026, 02:00 PM

Auction end

17 Nov 2026, 06:00 PM

EMD submission deadline

17 Nov 2026, 05:59 PM

Inspection

11 Nov 2026, 01:00 PM – 11 Nov 2026, 04:00 PM

Authorised officer

RAUF SHAIKH

Officer contact

9174868194

E-auction portal

BAANKNET (Property ID BARBAMITSULEKHAROSARB)

Price Check

This listing's reserve price works out to ₹1,493 per sq ft. The average across residential bank auctions in Bhopal on our site is ₹2,953 per sq ft, so this one is 49% 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 BARBAMITSULEKHAROSARB)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 17 Nov 2026, 05:59 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.