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Individual House for sale in Hoshangabad Industrial Area Muhasa

Industrial Area Muhasa, Narmadapuram, Madhya Pradesh – 461001

Bank of Maharashtra · ASSETRECOVERYBRANCHJABALPUR-1940

This auction has ended or was withdrawn. Banks often re-auction at a lower reserve price, so check current auctions nearby.

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹18,00,000
EMD
₹1,80,000
Bid increment
₹10,000
Area
716 sq ft
Price per sq ft
₹2,515

This is the 2nd auction of this property. The last auction had a reserve of ₹15,90,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property8 Oct 2026, 11:00 AM – 9 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by15 Oct 2026, 11:00 AM (EMD closes today)
  3. Auction15 Oct 2026, 12:00 PM – 4:00 PM · today

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
15 Oct 2026₹18,00,000+13.2%Upcoming
13 Aug 2025₹15,90,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹1,80,000
Rest of 25% when you win (same or next day)
₹2,70,000
Balance 75%, usually within 15 days
₹13,50,000
Stamp duty and registration (about 5–8%, varies by state)
₹90,000 – ₹1.44 L

You may bid above the reserve in steps of ₹10,000. 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
Residential · Individual House
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
House no. LIG/II/A-133, Housing Board Colony, Hoshangabad in Tehsil Hoshangabad District Hoshangabad
Borrower
M/s AMAN MOTORS Prop.- Mr Abdul Mazed Qureshi S/O Mr. Abdul Ajeez Qureshi

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