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All auctions / Madhya Pradesh / Namkeen & Allied Food Cluster Karmadi

44800 square meter Open Industrially diverted land with freehold rights for sale in…

Namkeen & Allied Food Cluster Karmadi, Ratlam, Madhya Pradesh – 457001

Bank of India · RATLAM-9480

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹22,85,00,000
EMD
₹2,28,50,000
Bid increment
₹3,00,000
Area
11.07 acres
Price per sq ft
₹474

Key dates

  1. Inspect the property19 Oct 2026, 12:00 PM – 19 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by27 Oct 2026, 5:00 PM
  3. Auction27 Oct 2026, 11:00 AM – 5:00 PM · in 11 days

What you'd pay at the reserve price

EMD, before the auction
₹2,28,50,000
Rest of 25% when you win (same or next day)
₹3,42,75,000
Balance 75%, usually within 15 days
₹17,13,75,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.14 Cr – ₹1.83 Cr

You may bid above the reserve in steps of ₹3,00,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Industrial · Others
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Open diverted land at Land Survey Number 232/1, 232/2, 232/3, 232/4 and 232/5 admeasuring 4.48 ha inside Jaora Bypass and Mhow Neemuch Road, Patwari Halka Number 25, Tehsil & District Ratlam, M.P., 457001
Borrower
1. Mr. Saiyyed Akhtar Ali S/o Saiyyed Wahid Ali, 2. Mr. Saiyyed Mohabbat Ali S/o Saiyyed Wahid Ali, 3. Mr. Saiyyed Afsar Ali S/o Saiyyed Wahid Ali, 4. Mrs. Saiyyed Altaf Bee W/o Mansoor Khan, 5. Mrs. Saiyyed Firoja Bee W/o Asgar Ali

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