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575 square feet Flat for sale in Indore

Indore, Madhya Pradesh – 452009

Indian Bank · NEW PALASIA, INDORE - 4201

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹15,50,000
EMD
₹1,55,000
Bid increment
₹10,000
Area
575 sq ft
Price per sq ft
₹2,696

Key dates

  1. Inspect the property30 Sep 2026, 11:00 AM – 27 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by28 Oct 2026, 3:59 PM
  3. Auction28 Oct 2026, 11:00 AM – 4:00 PM · in 12 days

What you'd pay at the reserve price

EMD, before the auction
₹1,55,000
Rest of 25% when you win (same or next day)
₹2,32,500
Balance 75%, usually within 15 days
₹11,62,500
Stamp duty and registration (about 5–8%, varies by state)
₹77,500 – ₹1.24 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
Residential · Flat
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Flat No.304, 3rd floor, Gambhir Tower, Plot No.787-789, Usha Nagar Extension, Indore(M.P)
Borrower
M/s Shree Marketing Agency

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