1,000 sq feet House for Auction in Gram Limbodi, Khandwa Road, Indore (m.p.), Indore – PNB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,000 sq feet (≈ 1,000 sq ft)

Reserve price / sq ft

₹8,860

Locality

Gram Limbodi, Khandwa Road, Indore (m.p.)

City

Indore

State

Madhya Pradesh

Pincode

452003

Address

Gram Limbodi, Khandwa Road, Indore (M.P.), Madhya Pradesh, 452003 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB INDORE688500

Auction type

SARFAESI Auction

Borrower

Shri V**** H***** S** Shri A**** H*****

Auction start

31 Oct 2026, 11:00 AM

Auction end

31 Oct 2026, 04:00 PM

EMD submission deadline

30 Oct 2026, 11:59 PM

Inspection

—

Authorised officer

sandeep kumar

Officer contact

9335192571

E-auction portal

BAANKNET (Property ID PUNB68853655)

Price Check

This listing's reserve price works out to ₹8,860 per sq ft. The average across residential bank auctions in Indore on our site is ₹4,533 per sq ft, so this one is 95% 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 (BAANKNET (Property ID PUNB68853655)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 30 Oct 2026, 11:59 PM. It is refunded if you don't win.
5. Bid online on 31 Oct 2026 starting above the reserve price.
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.