0.13 hectare House for Auction in Jabalpur – KBL

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

0.13 hectare (≈ 13,454 sq ft)

Reserve price / sq ft

₹803

Locality

—

City

Jabalpur

State

Madhya Pradesh

Address

All that part and parcel of residential diverted open land bearing Property House No. 80, Khasra No. 94/1 admeasuring 0.125 hectare (13454.00 Sq.feet), situated at Kishani ward No.1, Near Kushwaha Market and near canal, Barela Road, Mouza Barela, Distt. Jabalpur and bounded by: East : Khasra No. 101/2West : 40 Wide PMGSY Road North : Khasra No. 92/2 South : 97/1 Khuswaha Market 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 2459772

Price Check

This listing's reserve price works out to ₹803 per sq ft. The average across residential bank auctions in Jabalpur on our site is ₹2,592 per sq ft, so this one is 69% 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 2459772), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹10,81,000 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.