All auctions / Madhya Pradesh / Raisen
23Oct
11000 square feet Plot for sale in Raisen
Raisen, Madhya Pradesh – 464990
Indian Overseas Bank · MANDIDEEP-2327
- Reserve price
- ₹93,16,000
- EMD
- ₹9,31,600
- Bid increment
- ₹50,000
- Area
- 11,000 sq ft
- Price per sq ft
- ₹847
This is the 3rd auction of this property. The reserve price is 12.5% lower than at the last auction (₹1,06,46,000 on 24 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property8 Oct 2026, 4:00 PM – 22 Oct 2026, 4:00 AM
- Pay EMD and submit bid by22 Oct 2026, 5:00 PM (EMD closes in 7 days)
- Auction23 Oct 2026, 11:00 AM – 1:00 PM · in 8 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 23 Oct 2026 | ₹93,16,000 | -12.5% | Upcoming |
| 24 Sep 2026 | ₹1,06,46,000 | -11.1% | Closed |
| 20 Aug 2026 | ₹1,19,77,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹9,31,600
- Rest of 25% when you win (same or next day)
- ₹13,97,400
- Balance 75%, usually within 15 days
- ₹69,87,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹4.66 L – ₹7.45 L
You may bid above the reserve in steps of ₹50,000. 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
- Commercial · Plot
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Commercial Diverted land in Revenue Survey No. 13/1/1/3/1/2 admeasuring area 0.252 Acre i.e 0.102 Hectare situated at Village-Khanpura, P. H. No. 16, Tehsil-Gauharganj in Mandideep, District-Raisen(M.P) Boundaries: East - Land of Kunal Gyani West - Land of Gitika Gyani North - Land of Agrawal Ji South - Approach Road to the Land
- Borrower
- AISHWARYA COMFORTS represented by its proprietor Mrs. Deepa Paul w/o Late Raghunath Paul
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