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

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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

  1. Pay EMD and submit bid by26 Oct 2026
  2. Auction27 Oct 2026, 11:00 AM – 4:00 PM · in 12 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
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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