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Commercial Building SARFAESI Auction Symbolic Possession

33,530 sq meter Commercial Building for Auction in Gwalior, Gwalior – Union Bank

Gwalior, Gwalior, Madhya Pradesh · Auction ID #118276

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Commercial Building for auction in Gwalior, Gwalior – Union Bank – photo 1
Commercial Building for auction in Gwalior, Gwalior – Union Bank – photo 2
Commercial Building for auction in Gwalior, Gwalior – Union Bank – photo 3
Commercial Building for auction in Gwalior, Gwalior – Union Bank – photo 4
Commercial Building for auction in Gwalior, Gwalior – Union Bank – photo 5
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Reserve Price ₹20,90,00,000 9.9% lower than previous auction (₹23.2 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 20 Nov 2026, 12:00 PM In 6 days
EMD Last Date 20 Nov 2026, 05:00 PM In 6 days
Area33,530 sq meter
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
33,530 sq meter (≈ 3,60,913 sq ft)
Reserve price / sq ft
₹579
Locality
Gwalior
Pincode
474001
Address
GWALIOR, Madhya Pradesh, 474001 View on map

Description (as per sale notice)

Commercial Property consist of Survey No. 387/2/2 Rakwa 0.732 hectare, Survey No. 389/Min-2 Rakwa 0.209 hectare, Survey No. 389/Min-4 Rakwa 0.219 hectare, Survey No. 389/Min-6 Rakwa 0.209 hectare, Survey No. 552 Rakwa 0.052 hectare, Survey No. 553/2 Rakwa 0.470 hectare, Survey No. 556 Rakwa 0.146 hectare, Survey No. 557 Rakwa 0.240 hectare, Survey No. 553/1 Rakwa 0.523 hectare, Survey No. 554 Rakwa 0.428 hectare, Survey No. 555 Rakwa 0.125 hectare Total 3.353 hectare situated at Village Kedarpur Tehsil & District Gwalior (M.P.) Owned by Mr Girraj Bansal S/o Shri Radhe Shyam Bansal

BAANKNET Property ID: UBINBHOGWA6107E
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ARB INDORE-579335
Auction type
SARFAESI Auction
Borrower
M/S BP F*** P***** P** L**
Auction start
20 Nov 2026, 12:00 PM
Auction end
20 Nov 2026, 05:00 PM
EMD submission deadline
20 Nov 2026, 05:00 PM
Inspection
—
Authorised officer
RITESH CHOUDHARY
Officer contact
9981401218
E-auction portal
BAANKNET (Property ID UBINBHOGWA6107E)
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Price Check

This listing's reserve price works out to ₹579 per sq ft. The average across commercial bank auctions in Gwalior on our site is ₹12,109 per sq ft, so this one is 95% 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.

Previous Auctions of This Property

Auction dateReserve price
20 Nov 2026₹20,90,00,000This auction
28 Oct 2026₹23,20,00,000View

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 UBINBHOGWA6107E)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 20 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 20 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 Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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