700 sq feet Flat for Auction in Gwalior – BOM

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

700 sq feet (≈ 700 sq ft)

Reserve price / sq ft

₹2,641

Locality

—

City

Gwalior

State

Madhya Pradesh

Pincode

474011

Address

Gwalior, Madhya Pradesh, 474011 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Maharashtra

Branch

GWALIOR-LASHKAR

Auction type

SARFAESI Auction

Borrower

Shri S***** K**** S*** s** Mr. S***** K**** S***

Auction start

15 Oct 2026, 11:00 AM

Auction end

15 Oct 2026, 02:00 PM

EMD submission deadline

15 Oct 2026, 10:00 AM

Inspection

05 Oct 2026, 10:00 AM – 08 Oct 2026, 04:00 PM

Authorised officer

Amreet Kumar Mishra

Officer contact

8308897978

E-auction portal

BAANKNET (Property ID MAHB0692)

Price Check

This listing's reserve price works out to ₹2,641 per sq ft. The average across residential bank auctions in Gwalior on our site is ₹3,873 per sq ft, so this one is 32% 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 5 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID MAHB0692)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 15 Oct 2026, 10:00 AM. It is refunded if you don't win.
5. Bid online on 15 Oct 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.