10,222 sq ft Commercial Building for Auction in Jabalpur – KBL

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

10,222 sq ft

Reserve price / sq ft

₹909

Locality

—

City

Jabalpur

State

Madhya Pradesh

Address

Item No. 1 All that part and parcel of Commercial Property bearing Property House No. 80 (Barela) Khasra No. 576/1 (After Mutation Khasra No. (576/1) / 2 ) admeasuring 950.00 sq mts (10,222 Sq.feet), situated at Mouza Barela, adjoining to the canal located about 2 km away from Barela Toll Naka Main Road, R. N. M Khamariya, Shashtri ward No. 7 Nagar Panchayat Barela, Tehsil And District Jabalpur Madhya Pradesh and bounded by:East : Land of Khasra 685/2West : Road & Govt Nahar North : Remaining Land of Khasra 685/2 South : Remaining Land of Khasra 576/1 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karnataka Bank

Branch

Jabalpur Branch

Auction type

SARFAESI Auction

Borrower

M/s M***** M*****

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 2459723

Price Check

This listing's reserve price works out to ₹909 per sq ft. The average across commercial bank auctions in Jabalpur on our site is ₹6,516 per sq ft, so this one is 86% 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 2459723), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹9,29,200 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.