750 sq ft Residential Plot for Auction in Indore – Protium Finance Limited

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

750 sq ft

Reserve price / sq ft

₹4,400

Locality

—

City

Indore

State

Madhya Pradesh

Address

Description Of Property: All The Piece And Parcel Of Part Of Plot No. 136, Shakti Nagar Colony, Village Chota Bangarda, Tehsil Dist. Indore (M.P.) Measuring Total Area: 750 Sq. Ft. (69.70 Sq. Mtr.) And Bounded As Follows: East: Backline, West: Common Road, North: Remaining Part Of This Plot No. 136-A; South: Plot No.135. Together With All Other Rights, Buildings, Improvements, And Easements Appurtenant Thereto. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Protium Finance Limited

Branch

Goregaon E

Auction type

SARFAESI Auction

Borrower

New R** G*****

Auction start

28 Oct 2026, 11:00 AM

Auction end

28 Oct 2026, 02:00 PM

EMD submission deadline

27 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2410348

Price Check

This listing's reserve price works out to ₹4,400 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,549 per sq ft, so this one is 3% 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 2410348), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,30,000 before 27 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 28 Oct 2026 starting above the reserve price, in multiples of ₹5,000.
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.