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All auctions / Madhya Pradesh / Industrial Area Muhasa

Shops 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This auction has ended or was withdrawn.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
₹54,90,000
EMD
₹5,49,000
Bid increment
₹10,000
Area
2,400 sq ft
Price per sq ft
₹2,288

This is the 2nd auction of this property. The last auction had a reserve of ₹46,15,000. 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
  3. Auction15 Oct 2026, 12:00 PM – 4:00 PM · ended

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
15 Oct 2026₹54,90,000+19.0%Upcoming
13 Aug 2025₹46,15,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹5,49,000
Rest of 25% when you win (same or next day)
₹8,23,500
Balance 75%, usually within 15 days
₹41,17,500
Stamp duty and registration (about 5–8%, varies by state)
₹2.75 L – ₹4.39 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
Commercial · Shops
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
New Khasra No. 505/8 situated at village- Jasalpur, PC No. 20, District-HOSHANGABAD
Borrower
M/S AMAN MOTORS Prop.- Mr Abdul Mazed Qureshi S/O Mr. Abdul Ajeez Qureshi

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