All auctions / Madhya Pradesh / Raisen
Plot for sale in Raisen
Raisen, Madhya Pradesh – 464551
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This auction has ended or was withdrawn.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.
- Reserve price
- ₹1,65,00,000
- EMD
- ₹16,50,000
- Bid increment
- ₹10,000
- Area
- 2.00 acres
- Price per sq ft
- ₹189
This is the 2nd auction of this property. The reserve price is 8.3% lower than at the last auction (₹1,80,00,000 on 15 Sep 2026, 12:00 PM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property8 Oct 2026, 11:00 AM – 9 Oct 2026, 4:00 PM
- Pay EMD and submit bid by15 Oct 2026, 11:00 AM (EMD closes today)
- Auction15 Oct 2026, 12:00 PM – 4:00 PM · today
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 15 Oct 2026 | ₹1,65,00,000 | -8.3% | Upcoming |
| 15 Sep 2026 | ₹1,80,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹16,50,000
- Rest of 25% when you win (same or next day)
- ₹24,75,000
- Balance 75%, usually within 15 days
- ₹1,23,75,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹8.25 L – ₹13.20 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 · Plot
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Open Land at Khasra No. 91/2/1, P.H. No. 4 area 0.809 Hect. Village Simrai Tahsil Goharganj Distt. Raisen
- Borrower
- ALOK CHEM TECH
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