Commercial Building SARFAESI Auction Symbolic Possession

195 sq feet Commercial Building for Auction in Khandwa, Industrial Area Rudhi Bhavsingpura, Khandwa – PNB

Khandwa, Industrial Area Rudhi Bhavsingpura, Khandwa, Madhya Pradesh · Auction ID #118285

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Commercial Building for auction in Khandwa, Industrial Area Rudhi Bhavsingpura, Khandwa – PNB – photo 1
Reserve Price ₹33,97,000 10% lower than previous auction (₹37.74 L)
EMD (Earnest Money)—
Bid Increment—
Auction Date 03 Dec 2026, 11:00 AM In 18 days
EMD Last Date 02 Dec 2026, 11:59 PM In 17 days
Area195 sq feet
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
195 sq feet (≈ 195 sq ft)
Reserve price / sq ft
₹17,421
Locality
Khandwa, Industrial Area Rudhi Bhavsingpura
Pincode
450001
Address
khandwa, Industrial Area Rudhi Bhavsingpura, Madhya Pradesh, 450001 View on map

Description (as per sale notice)

Commercial Property (Shop) on Ground Floor situated at “Kallan Ganj” Ward No. 21 New Ward “ Shyamaprasad Mukharjee” Ward No. 23, Nazul Block No.17, Plot No. 31/2, Khandwa (M.P.) admeasuring area 195 Sq.Ft. Boundaries (As per Sale Deed) East – Common Road West – Godown of Rajesh Gulati North – Shop of Shyamsundar Vishwani South – Common Road Owner: - Shri Rohit Balwani S/o Shri Nanakram Balwani

BAANKNET Property ID: PUNB688590353
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Bank & Auction Details

Branch
ARMB INDORE688500
Auction type
SARFAESI Auction
Borrower
Shri D***** o** m**** a** I*****
Auction start
03 Dec 2026, 11:00 AM
Auction end
03 Dec 2026, 04:00 PM
EMD submission deadline
02 Dec 2026, 11:59 PM
Inspection
—
Authorised officer
Sandeep kumar
Officer contact
9835192571
E-auction portal
BAANKNET (Property ID PUNB688590353)
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Price Check

This listing's reserve price works out to ₹17,421 per sq ft. The average across commercial bank auctions in Khandwa on our site is ₹10,600 per sq ft, so this one is 64% above 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
03 Dec 2026₹33,97,000This auction
06 Oct 2026₹37,74,000View

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 PUNB688590353)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 02 Dec 2026, 11:59 PM. It is refunded if you don't win.
  5. Bid online on 3 Dec 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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