975 sq ft House for Auction in Dewas – DCB

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

975 sq ft

Reserve price / sq ft

₹7,499

Locality

—

City

Dewas

State

Madhya Pradesh

Address

Residential House/Plot Property Situated At Ward No 24 Part Of The Plot No 60 Admeasuring Area 90.58 Sq Mt (975 Sq Ft) Ram Nagar Extension Dewas Junior Dewas (M.P) View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

MP Nagar Branch

Auction type

SARFAESI Auction

Borrower

MR N***** K**** S***

Auction start

12 Oct 2026, 11:00 AM

Auction end

12 Oct 2026, 12:00 PM

EMD submission deadline

09 Oct 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2389078

Price Check

This listing's reserve price works out to ₹7,499 per sq ft. The average across residential bank auctions in Dewas on our site is ₹5,711 per sq ft, so this one is 31% 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.
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 (bankauctions.in (4Closure) · Listing 2389078), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹7,31,190 before 09 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 12 Oct 2026 starting above the reserve price, in multiples of ₹10,000.
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.