Flat SARFAESI Auction Symbolic Possession

835 sq feet Flat for Auction in Indore – Canara

Indore, Madhya Pradesh · Auction ID #118289

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Flat for auction in Indore – Canara – photo 1
Flat for auction in Indore – Canara – photo 2
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Reserve Price ₹16,60,000 4.9% lower than previous auction (₹17.45 L)
EMD (Earnest Money)—
Bid Increment—
Auction Date 02 Dec 2026, 12:00 PM In 16 days
EMD Last Date 01 Dec 2026, 05:00 PM In 15 days
Area835 sq feet
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Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
835 sq feet (≈ 835 sq ft)
Reserve price / sq ft
₹1,988
Locality
—
City
Indore
Pincode
452001
Address
Indore, Madhya Pradesh, 452001 View on map

Description (as per sale notice)

RESIDENTIAL FLAT

BAANKNET Property ID: CNRBDEEPAKRATHORE
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALISED ARM BRANCH, BHOPAL
Auction type
SARFAESI Auction
Borrower
DEEPAK R*****
Auction start
02 Dec 2026, 12:00 PM
Auction end
02 Dec 2026, 02:00 PM
EMD submission deadline
01 Dec 2026, 05:00 PM
Inspection
—
Authorised officer
AUTHORISED OFFICER
Officer contact
8989014648
E-auction portal
BAANKNET (Property ID CNRBDEEPAKRATHORE)
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Price Check

This listing's reserve price works out to ₹1,988 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,533 per sq ft, so this one is 56% 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
02 Dec 2026₹16,60,000This auction
27 Oct 2026₹17,45,000View

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 CNRBDEEPAKRATHORE)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 01 Dec 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 2 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 Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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