All auctions / Madhya Pradesh / Bhopal
5598 square feet Shops for sale in Bhopal
Bhopal, Madhya Pradesh – 462001
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This auction has ended or was withdrawn.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
- ₹3,70,00,000
- EMD
- ₹37,00,000
- Bid increment
- ₹10,000
- Area
- 5,598 sq ft
- Price per sq ft
- ₹6,610
This is the 2nd auction of this property. The reserve price is 8.3% lower than at the last auction (₹4,03,68,000 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 | ₹3,70,00,000 | -8.3% | Upcoming |
| 15 Sep 2026 | ₹4,03,68,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹37,00,000
- Rest of 25% when you win (same or next day)
- ₹55,50,000
- Balance 75%, usually within 15 days
- ₹2,77,50,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹18.50 L – ₹29.60 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
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Second floor of “Babu Sahab Parisar” situated at Plot No. 67, Ghoda Nakkas, Tehsil- hujur, Bhopal
- Borrower
- babu saheb builder
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