4,800 sq ft Residential Plot for Auction in Dewas – KBL

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

4,800 sq ft

Reserve price / sq ft

₹4,050

Locality

—

City

Dewas

State

Madhya Pradesh

Pincode

455001

Address

All that part and parcel of a residential property (vacant land) admeasuring 4800 sq. ft., bearing plot no. 128 at Sadashiv Nagar, Civil Lines, Distt. & Tehsil Dewas, Madhya Pradesh-455001 and bounded by: East : Back LaneWest : Colony Road North : Plot No. 127 South : House of Shri Gupta View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karnataka Bank

Branch

Indore

Auction type

SARFAESI Auction

Borrower

M/s G***** E*****

Auction start

10 Dec 2026, 11:00 AM

Auction end

10 Dec 2026, 12:00 PM

EMD submission deadline

09 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2459715

Price Check

This listing's reserve price works out to ₹4,050 per sq ft. The average across residential bank auctions in Dewas on our site is ₹6,086 per sq ft, so this one is 33% 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 (4Closure · Listing 2459715), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹19,44,000 before 09 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 10 Dec 2026 starting above the reserve price, in multiples of ₹50,000.
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.