Commercial Building SARFAESI Auction

1,080 sq ft Commercial Building for Auction in Gwalior – KBL

Gwalior, Madhya Pradesh · Auction ID #85325

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Reserve Price ₹1,15,44,000
EMD (Earnest Money)₹11,54,400
Bid Increment₹50,000
Auction Date 16 Nov 2026, 11:00 AM In 2 days
EMD Last Date 15 Nov 2026, 05:00 PM Tomorrow
Area1,080 sq ft
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Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
1,080 sq ft
Reserve price / sq ft
₹10,689
Locality
—
Address
All that part and parcel of residential cum commercial building "Meena Arcade", bearing House No 82/57, Ward No 57, along with building constructed thereon admeasuring GF: 1080 Sq.ft, FF: 1080 Sq.ft, SF: 1080 Sq.ft. TF: 1080 Sq.ft, situated Near Bhaskar Press, Sithole Sahab Ki Pichhadi, Paraganas Lashkar, Gwalior (MP) Boundaries: North: House of Ravi Kulshreshtha, South: Common Road, East: House of Sn. Raghuvanshi, West: House of H.K View on map

Description (as per sale notice)

commercial building TF: 1080 Sq.ft,. All that part and parcel of residential cum commercial building "Meena Arcade", bearing House No 82/57, Ward No 57, along with building constructed thereon admeasuring GF: 1080 Sq.ft, FF: 1080 Sq.ft, SF: 1080 Sq.ft. TF: 1080 Sq.ft, situated Near Bhaskar Press, Sithole Sahab Ki Pichhadi, Paraganas Lashkar, Gwalior (MP) Boundaries: North: House of Ravi Kulshreshtha, South: Common Road, East: House of Sn. Raghuvanshi, West: House of H.K
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Bank & Auction Details

Bank / Lender
Karnataka Bank
Branch
Gwalior Branch
Auction type
SARFAESI Auction
Borrower
Mr. R***** S*****
Auction start
16 Nov 2026, 11:00 AM
Auction end
16 Nov 2026, 12:00 PM
EMD submission deadline
15 Nov 2026, 05:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
4Closure · Listing 2421078
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Price Check

This listing's reserve price works out to ₹10,689 per sq ft. The average across commercial bank auctions in Gwalior on our site is ₹12,109 per sq ft, so this one is 12% 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 (4Closure · Listing 2421078), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹11,54,400 before 15 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 16 Nov 2026 starting above the reserve price, in multiples of ₹50,000.
  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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Karnataka Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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