All auctions / Madhya Pradesh / Industrial Area Rudhi Bhavsingpura
Industrial Plot with Factory Building for sale in chhegaon makhan Industrial Area…
Industrial Area Rudhi Bhavsingpura, Khandwa, Madhya Pradesh – 450001
Punjab National Bank · ARMB INDORE688500
- Reserve price
- ₹2,48,80,000
- EMD
- ₹24,88,000
- Bid increment
- ₹1,00,000
- Area
- 1.98 acres
- Price per sq ft
- ₹289
This is the 3rd auction of this property. The last auction had a reserve of ₹2,28,43,000. Unsold properties usually come back at a lower reserve.
Key dates
- Pay EMD and submit bid by26 Oct 2026
- Auction27 Oct 2026, 11:00 AM – 4:00 PM · in 12 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹2,48,80,000 | +8.9% | Upcoming |
| 24 Aug 2026 | ₹2,28,43,000 | -17.4% | Closed |
| 31 Jul 2026 | ₹2,76,43,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹24,88,000
- Rest of 25% when you win (same or next day)
- ₹37,32,000
- Balance 75%, usually within 15 days
- ₹1,86,60,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹12.44 L – ₹19.90 L
You may bid above the reserve in steps of ₹1,00,000. 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
- Industrial · Industrial Plot with Factory Building
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Property 1: Factory Land and Proposed Building Situated at: - Patwari Halka No. 32, Khasra no. 447/1/2, Village:- Surgaon Joshi , Block and Circle Chhegaon Makhan, Khandwa (M.P.) Rakba 0.40 Hectares. Boundaries (As per Sale Deed) East – Land Of Laxminarayan Murar West – Remaining Land Of Seller North – Surgaon Joshi Gramin Marg South – Land of Mangilal Tukaram Owner: - 1. Shri Manish Balwani S/o Shri Ashok Balwani 2. Shri Rajesh Balwani S/o Shri Ghanshyam Das Balwani Property 2: Factory Land and Proposed Building Situated at: - Patwari Halka No. 32, Khasra no. 447/2, Village Surgaon Joshi , Block and Circle Chhegaon Makhan, Khandwa (M.P.) Rakba 0.40 Hectares. Boundaries (As per Sale Deed) East – Aam Rasta West – Land of Khasra No. 447/1/2 North – Aam Rasta South – Land of Khasra No. 448 Owner: - 1. Shri Rohit Balwani S/o Shri Nanakram Balwani 2. Shri Manish Balwani S/o Shri Ashok Balwani • Plant & Machinery
- Borrower
- M/s Shri Dadaji Oil Mills and Industries (Proprietor:- Shri Manish Balwani S/o Shri Ashok Balwani)
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