3,873.6 sq feet House for Auction in Balaghat – BOM

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

3,873.6 sq feet (≈ 3,873 sq ft)

Reserve price / sq ft

₹524

Locality

—

City

Balaghat

State

Madhya Pradesh

Pincode

481001

Address

Balaghat, Madhya Pradesh, 481001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Maharashtra

Branch

KHAMARIA

Auction type

SARFAESI Auction

Borrower

Mr. k***** R***** S** H***** R*****

Auction start

29 Sep 2026, 11:00 AM

Auction end

29 Sep 2026, 05:00 PM

EMD submission deadline

28 Sep 2026, 04:00 PM

Inspection

21 Sep 2026, 10:00 AM – 26 Sep 2026, 05:00 PM

Authorised officer

Surabhi Khare

Officer contact

9770754985

E-auction portal

BAANKNET (Property ID MAHB002)

Price Check

This listing's reserve price works out to ₹524 per sq ft. The average across residential bank auctions in Balaghat on our site is ₹1,546 per sq ft, so this one is 66% 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 21 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID MAHB002)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 28 Sep 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 29 Sep 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.