450 sq ft Residential Plot for Auction in Indore – Authum Investment & Infrastructure Ltd

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

450 sq ft

Reserve price / sq ft

₹4,556

Locality

—

City

Indore

State

Madhya Pradesh

Address

ALL THAT PIECE AND PARCEL OF THE IMMOVABLE PROPERTY BEARING PROPERTY PLOT NO. 1022 SITUATED AT VISHWASH NAGAR COLONY, GRAM BANGARI, TEHSIL MHOW, DISTRICT INDORE MADHYA PRADESH AREA MEASURING 450 SQ.FT. OR 41.82 SQ.MTR. THE AFORSAID PROPERTY AS FOLLOWS: IS BOUNDED ON EAST BY PLOT NO. 1021-A ON NORTH BY ROAD OF COLONY ON WEST BY PLOT NO. 1023, ON SOUTH BY-PLOT NO. 1044-A. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Authum Investment & Infrastructure Ltd

Branch

Authum Investment & Infrastructure Ltd. Reg. Office, Mumbai - BO

Auction type

SARFAESI Auction

Borrower

MR. A***** K**** D****

Auction start

20 Nov 2026, 11:00 AM

Auction end

20 Nov 2026, 01:00 PM

EMD submission deadline

19 Nov 2026, 05:00 PM

Inspection

13 Nov 2026, 11:00 AM – 13 Nov 2026, 03:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹4,556 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,610 per sq ft, so this one is 1% 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 (open notice).
2. Inspect the property on 13 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,05,000 before 19 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price, in multiples of ₹20,000.
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.