1,020 sq ft Land & Building for Auction in Jabalpur – Shriram Asset Reconstruction Private Limited

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

1,020 sq ft

Reserve price / sq ft

₹667

Locality

—

City

Jabalpur

State

Madhya Pradesh

Address

All that piece and parcel of land bearing Part of Khasra No. 424/2, Present Khasra No.424/2/1, total admeasuring area of 1020 Sq.ft., (94.79 Sq.mtrs.) together with construction thereon, situated at Shivaji Ward No. 14, Mouja Panagar, P.H. No. 19, R.N.M. Panagar, Tehsil Panagar & District Jabalpur (M.P.). Bounded by: East by: Property of Bali Kushwaha, West by: Road, North by: Property of Rammu Kushwaha and South by: Property 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 T***** A****

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 2405416

Price Check

This listing's reserve price works out to ₹667 per sq ft. The average across residential bank auctions in Jabalpur on our site is ₹2,726 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 2405416), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹68,000 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.