All auctions / Madhya Pradesh / Namkeen & Allied Food Cluster Karmadi
27Oct
900 square meter Out of the total mortgaged land admeasuring 1.90 ha, 0.05 ha has been…
Namkeen & Allied Food Cluster Karmadi, Ratlam, Madhya Pradesh – 457001
Bank of India · RATLAM-9480
- Reserve price
- ₹22,95,00,000
- EMD
- ₹2,29,50,000
- Bid increment
- ₹3,00,000
- Area
- 9,984 sq ft
- Price per sq ft
- ₹22,987
Key dates
- Inspect the property19 Oct 2026, 12:01 PM – 19 Oct 2026, 4:01 PM
- Pay EMD and submit bid by27 Oct 2026, 5:00 PM
- Auction27 Oct 2026, 11:00 AM – 5:00 PM · in 11 days
What you'd pay at the reserve price
- EMD, before the auction
- ₹2,29,50,000
- Rest of 25% when you win (same or next day)
- ₹3,44,25,000
- Balance 75%, usually within 15 days
- ₹17,21,25,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.15 Cr – ₹1.84 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
- Land survey number 186/1/1, 186/1 admeasuring 1.90 ha located at Patwari Halka No. 25, Revenue Circle No. 2, Kasba Ratlam, Tehsil and District Ratlam, M.P.
- Borrower
- M/S SAIYYAD AKHTAR ALI (SAA - 140601446), M/S S A INFRASTRUCTURE (SA - 178151986) and M/S V R CONSTRUCTION (VR - 141550148)
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Bank of India Industrial · Others
11.07 acresSymbolic possession
in 11 days
₹22.85 Cr
₹474/sq ft