Commercial Building SARFAESI Auction Symbolic Possession

8,090 sq meter Commercial Building for Auction in Maheshwar, Khargone – PNB

Maheshwar, Khargone, Madhya Pradesh · Auction ID #118254

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Commercial Building for auction in Maheshwar, Khargone – PNB – photo 1
Commercial Building for auction in Maheshwar, Khargone – PNB – photo 2
Commercial Building for auction in Maheshwar, Khargone – PNB – photo 3
Commercial Building for auction in Maheshwar, Khargone – PNB – photo 4
Commercial Building for auction in Maheshwar, Khargone – PNB – photo 5
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Reserve Price ₹2,43,07,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Nov 2026, 11:00 AM In 11 days
EMD Last Date 25 Nov 2026, 11:59 PM In 10 days
Area8,090 sq meter
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
8,090 sq meter (≈ 87,079 sq ft)
Reserve price / sq ft
₹279
Locality
Maheshwar
Pincode
451224
Address
Maheshwar, Madhya Pradesh, 451224 View on map

Description (as per sale notice)

1. Property situated at ( Warehouse Construction thereon ) Survey No. 100/3 Area 0.158 Hector, Survey no. 101/3 area 1.404 Hector from which area 0.651 hector(At present Survey no. 101/3/2 Area 0.651 Hector )Total admeasuring area 0.809 hector Located at village Machalpur Bujurg, PatwariHalka No. 69 Tehsil Maheshwar Distt. Khargone (M.P) Boundaries survey No. 100/3 (As per Sale Deed) East – Nala & District Road West – Land Survey no. 101/3 North – Nala & land survey no 101/3 South – land Survey no. 101/3 & District Road Boundaries survey No. 101/3 (As per Sale Deed) East – Land Survey No. 100/3 West - Land Survey No.101/2 North – Land Survey No.101/3 South - Land Survey No.100/3 Owners: Darshana Shakyawar D/o Dinesh Kumar shakyawar 2. Diverted Land at Survey No. 100/1 Rakba 0.065 Hectare & Survey No 101/2/2 Rakba 0.708 Hectare, Total Rakba 0.773 Hectare at village Machalpur Bujurg, Patwari Halka No. 69, Tehsil Maheshwar, Distt. Khargone (M.P) Boundaries survey No. 100/1 (As per Sale Deed) East – Buyer land West - Land Survey No.100/2 North – Land Survey No.101/2/2 South – District Road Boundaries survey No. 101/2/2(As per Sale Deed) East – Buyer land West - Land Survey No.101/1 North – Land of Prabhulal Panwar South – Land Survey no 100/1 & Road Owners: Darshana Shakyawar D/o Dinesh Kumar shakyawar

BAANKNET Property ID: PUNB68850021
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Bank & Auction Details

Branch
ARMB INDORE688500
Auction type
SARFAESI Auction
Borrower
M/s M** K***** L*****
Auction start
26 Nov 2026, 11:00 AM
Auction end
26 Nov 2026, 04:00 PM
EMD submission deadline
25 Nov 2026, 11:59 PM
Inspection
—
Authorised officer
sandeep kumar
Officer contact
9835192571
E-auction portal
BAANKNET (Property ID PUNB68850021)
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Price Check

This listing's reserve price works out to ₹279 per sq ft. The average across commercial bank auctions in Khargone on our site is ₹1,554 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID PUNB68850021)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 25 Nov 2026, 11:59 PM. It is refunded if you don't win.
  5. Bid online on 26 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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