2,192 sq ft Land for Auction in Ibrahimpura, Bhopal – IndusInd

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

2,192 sq ft

Reserve price / sq ft

₹4,266

Locality

Ibrahimpura

City

Bhopal

State

Madhya Pradesh

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

IndusInd Bank

Branch

IndusInd Bank Limited, One Indiabulls Centre, Elphinstone Road, Mumbai - BO

Auction type

SARFAESI Auction

Borrower

Vardhman T***** C*****

Auction start

14 Oct 2026, 11:00 AM

Auction end

14 Oct 2026, 12:00 PM

EMD submission deadline

13 Oct 2026, 05:00 PM

Inspection

07 Oct 2026, 12:00 PM – 07 Oct 2026, 01:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India (bankeauctions.com)

Price Check

This listing's reserve price works out to ₹4,266 per sq ft. The average across land & agricultural bank auctions in Bhopal on our site is ₹3,524 per sq ft, so this one is 21% above 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 (open notice).
2. Inspect the property on 7 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹9,35,000 before 13 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 14 Oct 2026 starting above the reserve price, in multiples of ₹25,000.
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.