All auctions / Madhya Pradesh / Maihar

Hotel for sale in Maihar

Maihar, Madhya Pradesh – 485771

Canara Bank · SPECIALIZED ASSET RECOVERY MANAGEMENT BRANCH, JABALPUR

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Reserve price
₹3,75,25,000
EMD
₹37,52,500
Bid increment
₹10,000
Area
2,691 sq ft
Price per sq ft
₹13,945

This is the 4th auction of this property. The reserve price is 5% lower than at the last auction (₹3,95,00,000 on 25 Aug 2026, 12:00 PM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by22 Oct 2026, 5:00 PM (EMD closes in 6 days)
  2. Auction23 Oct 2026, 12:00 PM – 2:00 PM · in 7 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
23 Oct 2026₹3,75,25,000-5.0%Upcoming
25 Aug 2026₹3,95,00,000—Closed
28 Jul 2026₹3,95,00,000-5.0%Closed
16 Jun 2026₹4,16,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹37,52,500
Rest of 25% when you win (same or next day)
₹56,28,750
Balance 75%, usually within 15 days
₹2,81,43,750
Stamp duty and registration (about 5–8%, varies by state)
₹18.76 L – ₹30.02 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 · Hotel
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
All part and parcel of Land & Building constructed over below mentioned Arazis, popularly known as Hotel Maihar INN. Part area of Arazi Khasra No -441/2 (After Mutation 441/2/1) Area 0.0250 Hect ,Khasra No 442 (After Mutation 442/1) Area 0.0260 Hect with Total Area 0.0510 Hect, 75X72 5400 Sqft i.e 501.85 Sq Mtr, Situated in Mauza – Tighra Kala, PH No- 50, Ward No-22, R I Circle – Maihar, Tehsil – Maihar , Distt- Satna (Now District Maihar) (M.P) Owned By: Mr Deepak Agrawal S/o Late Mr. Jagdish Prasad Agrawal Cersai Asset ID:200076244218 Bounded: North by :Arazi of Deepak Agrawal South by :Maihar Rewa Road East By :Proposed Road West By :Arazi of Sandeep Chaurasiya Part area of Arazi Khasra No -441/2 (After Mutation 441/2/2) Area 0.0690 Hect ,Khasra No 442, Area 0.0890 Hect (After Mutation 442/2/1 Area 0.053 Hect & 442/2/2 Area 0.036 Hect) with Total Area 0.1580 Hect Situated in Mauza – Tighra Kala, PH No- 50, Ward No-22, R I Circle – Maihar, Tehsil – Maihar , Distt- Satna (Now District Maihar) (M.P) Owned By : Mr Deepak Agrawal S/o Late Mr. Jagdish Prasad Agrawal Cersai Asset ID:200076244218 Bounded: North by :Arazi of Omwati W/o Jagdish Chaurasiya (Arazi purchased by Deepak Agarwal) South by :Arazi of Deepak Agrawal East By : Proposed Road West By :Arazi of Sandeep Chaurasiya Note - Survey No 442/2/2 adm 0.036 hect has been swapped with Survey No 555/432/1/2/2 adm 0.034 hect with Mr. Munnilal Chaurasiya through Panjiyan Prarambh ID : R-13012500044437 Registration Date : 16.01.2025. However, the said transaction was done after mortgage of the property with the bank. Hence, Mortgage will prevail. Arazi Khasra No -441/1 Area 0.0940 Hect Situated in Mauza – Tighra Kala, PH No- 50, Ward No-22, R I Circle – Maihar, Tehsil – Maihar , Distt- Satna (Now District Maihar) (M.P) Owned By : Mr Deepak Agrawal S/o Late Mr. Jagdish Prasad Agrawal Cersai Asset ID: 200081722349 Bounded: North by :Arazi of Munnilal Chaurasiya South by :Arazi of Deepak Agrawal East By : Proposed Road West By : Arazi of Sandeep Chaurasiya
Borrower
HOTEL MAIHAR INN

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