Plant & Machinery for Auction in Integrated Industrial Development Centre Lamtara, Katni – Indian Bank

Property Details

Property type

Plant & Machinery (Plant & Machinery)

Possession

Symbolic Possession

Locality

Integrated Industrial Development Centre Lamtara

City

Katni

State

Madhya Pradesh

Pincode

483501

Address

Integrated Industrial Development Centre Lamtara, Madhya Pradesh, 483501 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

KATNI MAIN - 4376

Auction type

Bank Auction

Borrower

M/s S**** A***** D*** U****

Auction start

28 Sep 2026, 11:00 AM

Auction end

28 Sep 2026, 05:00 PM

EMD submission deadline

28 Sep 2026, 05:00 PM

Inspection

18 Sep 2026, 10:00 AM – 25 Sep 2026, 04:00 PM

Authorised officer

AKHILESH KUMAR

Officer contact

8420474327

E-auction portal

BAANKNET (Property ID IDIB504317690081)

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 18 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB504317690081)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 28 Sep 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 28 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.