Land & Building for Auction in Bhopal – IBC Liquidation

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Locality

—

City

Bhopal

State

Madhya Pradesh

Pincode

462023

Address

Plot No. 1, 2, 24-A, 24-B,25-A ,26-A ,27-A & 28-A at Sector 26-A, Industrial Area, Govindpura, Bhopal, Madhya Pradesh- 462023 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

IBC Liquidation (IBBI)

Branch

—

Auction type

IBC Liquidation

Borrower

GEI I***** S***** L*****

Auction start

03 Oct 2026

Auction end

—

EMD submission deadline

01 Oct 2026

Inspection

—

Authorised officer

Mr. Chirag Rajendra Kumar Shah (Liquidator)

Officer contact

—

E-auction portal

baanknet

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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (baanknet), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,25,00,000 before 01 Oct 2026. It is refunded if you don't win.
5. Bid online on 3 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.