684 sq ft House for Auction in Indore – IndusInd

Property Details

Property type

House (Residential)

Possession

Not specified

Area

684 sq ft

Reserve price / sq ft

₹11,930

Locality

—

City

Indore

State

Madhya Pradesh

Address

Southern Portion of New No 12/2 (House No 32, Old House No 33), Alapura Number 2, Indore (M.P), land admeasuring 684 Square feet and construction thereon existing and future and bounded as under East: Gali West: Road (Alapura Main Road) North: Rest part of House no 12/2 South: House No 13/2 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

IndusInd Bank

Branch

IndusInd Bank Limited, One Indiabulls Centre, Elphinstone Road, Mumbai - BO

Auction type

SARFAESI Auction

Borrower

SAFDAR H***** K*****

Auction start

18 Nov 2026, 10:30 AM

Auction end

18 Nov 2026, 11:30 AM

EMD submission deadline

17 Nov 2026, 05:00 PM

Inspection

30 Oct 2026, 12:00 PM – 30 Oct 2026, 01:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹11,930 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,610 per sq ft, so this one is 159% 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 (open notice).
2. Inspect the property on 30 Oct 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 ₹8,16,000 before 17 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 18 Nov 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.