650 sq meter Commercial Building for Auction in Singawada, Dewas, Dewas – BOB

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

650 sq meter (≈ 6,996 sq ft)

Reserve price / sq ft

₹1,487

Locality

Singawada, Dewas

City

Dewas

State

Madhya Pradesh

Pincode

455001

Address

Singawada, Dewas, Madhya Pradesh, 455001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Baroda

Branch

REGIONAL SARB, INDORE - 5997

Auction type

SARFAESI Auction

Borrower

Swastik V***** H**** a** R***** P**** R**** S*****

Auction start

07 Oct 2026, 02:00 PM

Auction end

07 Oct 2026, 06:00 PM

EMD submission deadline

07 Oct 2026, 05:55 PM

Inspection

03 Oct 2026, 11:00 AM – 03 Oct 2026, 01:00 PM

Authorised officer

H L Pandro

Officer contact

7880103915

E-auction portal

BAANKNET (Property ID BARB599720260005)

Price Check

This listing's reserve price works out to ₹1,487 per sq ft. The average across commercial bank auctions in Dewas on our site is ₹2,150 per sq ft, so this one is 31% 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 3 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BARB599720260005)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 07 Oct 2026, 05:55 PM. It is refunded if you don't win.
5. Bid online on 7 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.