All auctions / Madhya Pradesh / Maihar
23Oct
Hotel for sale in Maihar
Maihar, Madhya Pradesh – 485771
Canara Bank · SPECIALIZED ASSET RECOVERY MANAGEMENT BRANCH, JABALPUR
- 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
- Pay EMD and submit bid by22 Oct 2026, 5:00 PM (EMD closes in 6 days)
- Auction23 Oct 2026, 12:00 PM – 2:00 PM · in 7 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 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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