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Commercial in Urban

Urban, Industrial Area Muhasa

Reserve price
₹10.70 Cr
Auction date
20 Mar 2026
11:00 AM
EMD deadline
07 Oct 2025
11:00 AM
Bid increment
₹1,00,000.00

Location details

Property Address
Commercial Building bearing Survey No : 8/18/2 & 8/21/2, situated at Plot no. 8/18/2 and 8/21/2, Municipal ward no. 17, new no. 09, Hoshangabad, Madhya Pradesh, 461001, (Urban), & Commercial Building bearing Survey Number : 8/13/11, situated at Plot no. 8/13/11, Ward no. 17, New no. 09, Hoshangabad, Madhya Pradesh, 461001, (Urban), Admeasuring Total Area : 960 Sq feet Shri. Sanjay Jaiswal and Smt. Sandhya Jaiswal
Locality: Urban
City: Industrial Area Muhasa
District: Narmadapuram
State: Madhya Pradesh
Pin Code: 461001
Country: India

Auction timeline

Auction starts
20 Mar 2026 at 11:00 AM
Auction ends
20 Mar 2026 at 4:00 PM
EMD submission deadline
07 Oct 2025 at 11:00 AM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Shops
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹10.70 Cr
Property Identifiers
Bank Property ID
SBIN78309473140
CERSAI ID
200062981271
Collateral ID
78309473140

Property Images

Price history

3 previous auctions
₹10.7Cr7 Oct₹10.7Cr₹10.7CrNow
₹10,70,00,000.00
28 Jan 2026
Commercial
State Bank of India logoState Bank of IndiaPossession: Physical
₹10,70,00,000.00
20 Dec 2025
Commercial
State Bank of India logoState Bank of IndiaPossession: Physical
₹10,70,00,000.00
7 Oct 2025
Commercial
State Bank of India logoState Bank of IndiaPossession: Physical

Borrower & Loan details

Borrower Name
M/s Shree Saidarshan Shopping Mall
Registered Address of Borrower
Ward no.17 Meenakshi Chowk Hoshangabad Madhya Pradesh India 461001
Owner
Shri. Sanjay Jaiswal and Smt. Sandhya Jaiswal
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹21.73 Cr
NPA Date
27 Nov 2023
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
78309473140
Customer ID
85728137674
Demand Notice
Notice Date
28 Nov 2023
Notice Amount
₹21.73 Cr
Asset Classification
Classification Date
27 Nov 2024
Classification ID
3
Possession Dates
Physical
17 Mar 2025

Additional details

Property USP
at Meenakshi square, prime location at District headquarter
Description
Commercial Building Near Meenakshi Chowk, 8/18/2 & 8/21/2, 8/13/11

EMD Schedule

EMD Start
26 Feb 2026
4:50 PM
EMD Deadline
20 Mar 2026
11:00 AM
Payment Deadline
07 Oct 2025

Inspection Schedule

Inspection Start
10 Mar 2026
11:00 AM
Inspection End
10 Mar 2026
4:00 PM

Officer Details

Authorized Officer
AMIT KUMAR GUPTA
Authorised Officer - Scale - V - AGM
Dealing Officer
SACHIN CHAVAN

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
78309473140
CERSAI ID
200062981271
Property ID
SBIN78309473140
State Bank of India logo
State Bank of India
Verified seller
Branch: SAMB MUMBAI - II-15859
IFSC: SBIN

Bank contact

+91 80089 46076+91 99871 73021
Branch Address
RAHEJA CHAMBERS, GROUND FLOOR, WING-B, FREE PRESS JOURNAL MARG, NARIMAN POINT MUMBAI
Branch IFSC
SBIN0000300
Department
SAMB MUMBAI - II-15859