960 sq ft Land & Building for Auction in Jabalpur – Assets Care And Reconstruction Enterprise Limited

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

960 sq ft

Reserve price / sq ft

₹2,070

Locality

—

City

Jabalpur

State

Madhya Pradesh

Address

All that piece and parcel of land bearing Part of Khasra No.35/3, total admeasuring area of 960 Sq.ft., (89.21 Sq.mtrs.), together with construction thereon, situated at Mouza Guralya, P.H. No. 10, Virangana Rani Avanti Bai Ward, R.N.M. Jabalpur-1, Tehsil District Jabalpur (MP). Bounded by: East by: Property of Tejital Vishwakarma, West by: Property of Balla Yadav, North by: Side Road and South by: Property of Balla Yadav View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Assets Care And Reconstruction Enterprise Limited

Branch

Santacruz East

Auction type

SARFAESI Auction

Borrower

Mr. M***** R*****

Auction start

23 Nov 2026, 12:00 PM

Auction end

23 Nov 2026, 01:00 PM

EMD submission deadline

21 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2430778

Price Check

This listing's reserve price works out to ₹2,070 per sq ft. The average across residential bank auctions in Jabalpur on our site is ₹2,592 per sq ft, so this one is 20% 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 2430778), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,98,720 before 21 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 23 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.