500 sq ft House for Auction in Indore – Tata Capital

Property Details

Property type

House (Residential)

Possession

Not specified

Area

500 sq ft

Reserve price / sq ft

₹8,876

Locality

—

City

Indore

State

Madhya Pradesh

Address

Description of the Immovable Property: All The peace and parcel of the Immovable property House no. 276 Of Indira Ekta Nagar in Ward No.51, Situated at Village Musakhedi, Dist. Indore (M.P.) Admeasuring area 500 Sq.ft. Le. (46.46 Sq.Mtr) Boundaries:-East Road, West: House Of Mohan Gudiya, North: Road, South: House Of Neha Bai. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Tata Capital

Branch

Radisson Square

Auction type

SARFAESI Auction

Borrower

Mr J** K*****

Auction start

17 Nov 2026, 02:00 PM

Auction end

17 Nov 2026, 03:00 PM

EMD submission deadline

16 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2427724

Price Check

This listing's reserve price works out to ₹8,876 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,610 per sq ft, so this one is 93% above 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 2427724), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,43,800 before 16 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 17 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
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.