1.12 hectares Commercial Building for Auction in Industrial Area Rudhi Bhavsingpura, Khandwa – PNB

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

1.12 hectares (≈ 1,20,555 sq ft)

Reserve price / sq ft

₹32

Locality

Industrial Area Rudhi Bhavsingpura

City

Khandwa

State

Madhya Pradesh

Pincode

450001

Address

Industrial Area Rudhi Bhavsingpura, Madhya Pradesh, 450001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB INDORE688500

Auction type

SARFAESI Auction

Borrower

M/s Shri D***** O** M**** a** I***** (***** Shri M***** B***** S** Shri A**** B*****

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 PUNB68850036)

Price Check

This listing's reserve price works out to ₹32 per sq ft. The average across commercial bank auctions in Khandwa on our site is ₹10,600 per sq ft, so this one is 100% 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

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 PUNB68850036)), 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.