697 sq feet House for Auction in Gram Pigdamber, Indore – PNB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

697 sq feet (≈ 697 sq ft)

Reserve price / sq ft

₹4,161

Locality

Gram Pigdamber

City

Indore

State

Madhya Pradesh

Pincode

452001

Address

GRAM PIGDAMBER, Indore, Madhya Pradesh, 452001 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 G***** I*****

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 04:00 PM

EMD submission deadline

05 Oct 2026, 11:59 PM

Inspection

—

Authorised officer

rajesh kumar

Officer contact

9592505484

E-auction portal

BAANKNET (Property ID PUNB82010022363)

Price Check

This listing's reserve price works out to ₹4,161 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,530 per sq ft, so this one is 8% 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 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 PUNB82010022363)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 05 Oct 2026, 11:59 PM. It is refunded if you don't win.
5. Bid online on 6 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.