788 sq ft Land & Building for Auction in Bhopal – Shriram Asset Reconstruction Private Limited

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

788 sq ft

Reserve price / sq ft

₹680

Locality

—

City

Bhopal

State

Madhya Pradesh

Address

All that piece and parcel of land bearing part of Survey No.1422/Min-36, total admeasuring area of 788 Sq.ft., (73.23 Sq.mtrs.), together with construction thereon, P.H. No.22, situated at Ward No.09, Sahu Colony, Aron, Tehsil Aron & District Guna (M.P.). Bounded by: (As Per Sale Deed); East by: Mrs. Usha Jain, West by: Balram Sahu, North by: 15 Ft. Common Road and South by: Pinki & Jyoti. Bounded by: (As Per Actual Site); East by: Other Plot, West by: House of Balram Sahu, North by: 15 Ft. wide and South by: Plot of Other. 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. R**** 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 2405400

Price Check

This listing's reserve price works out to ₹680 per sq ft. The average across residential bank auctions in Bhopal on our site is ₹2,866 per sq ft, so this one is 76% 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 2405400), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹53,584 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.