1,800 sq ft Land & Building for Auction in Bhopal – Shriram Asset Reconstruction Private Limited

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

1,800 sq ft

Reserve price / sq ft

₹553

Locality

—

City

Bhopal

State

Madhya Pradesh

Address

All that piece and parcel of land bearing Part of Survey No. 11692(S), admeasuring area of 1800 Sq.ft. (167.28 Sq.mtrs.), together with construction thereon, situated at Ward No.01, Block Colony Aron, P.H. No.22, Tehsil Aron, District Guna (MP), Bounded by: East by: Road, West by: Self Land of Seller, North by: Road and South by: Self Land of Seller. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Shriram Asset Reconstruction Private Limited

Branch

Burkit Road, T Nagar

Auction type

SARFAESI Auction

Borrower

Mr M**** S****

Auction start

22 Oct 2026, 11:00 AM

Auction end

22 Oct 2026, 02:00 PM

EMD submission deadline

21 Oct 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2405385

Price Check

This listing's reserve price works out to ₹553 per sq ft. The average across residential bank auctions in Bhopal on our site is ₹2,866 per sq ft, so this one is 81% 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 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 2405385), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹99,450 before 21 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 22 Oct 2026 starting above the reserve price, in multiples of ₹30,000.
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.