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11250 square feet Plot for sale in Polaykalan

Polaykalan, Shajapur, Madhya Pradesh – 465116

Bank of Maharashtra · BHOPAL-TATYA TOPE NAGAR

This auction has ended or was withdrawn. Banks often re-auction at a lower reserve price, so check current auctions nearby.

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹1,36,50,000
EMD
₹13,65,000
Bid increment
₹10,000
Area
11,250 sq ft
Price per sq ft
₹1,213

This is the 3rd auction of this property. The reserve price is 5% lower than at the last auction (₹1,43,68,000 on 18 Aug 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property5 Oct 2026, 10:00 AM – 8 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by15 Oct 2026, 10:00 AM (EMD closes today)
  3. Auction15 Oct 2026, 11:00 AM – 2:00 PM · today

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
15 Oct 2026₹1,36,50,000-5.0%Upcoming
18 Aug 2026₹1,43,68,000+18.7%Closed
30 Mar 2026₹1,21,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹13,65,000
Rest of 25% when you win (same or next day)
₹20,47,500
Balance 75%, usually within 15 days
₹1,02,37,500
Stamp duty and registration (about 5–8%, varies by state)
₹6.83 L – ₹10.92 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
Village Khadi P.H.No.53 Ra.Ni. Vrat 02 Avantipur Badodia Teh-Polaykala District- Shajapur Madhya Pradesh
Borrower
M/S Ayush Traders Prop.-Mr. Ayush Malviya S/o Mr. Rajendra Kumar Malviya

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